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Brokerage API

The programmatic interface a broker exposes for placing orders, reading positions, and streaming account data. Platforms integrate these APIs so users don't have to: authentication, order lifecycle, error handling, and reconciliation all live behind one adapter per broker. API capability differences (order types, fractional support) shape what strategies can deploy where.
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Related terms

OMS (Order Management System)The software layer between strategies and the broker: it tags each ord…Paper TradingRunning a strategy against live market data with simulated money — rea…

Backtests are hypothetical, computed by DeployQuant's engine on minute-resolution consolidated US market data (2021-01-04 to 2026-07-17, $10,000 starting capital, no margin, fees and slippage not modeled) and do not guarantee future results. Nothing on this page is investment advice. Live trading involves risk of loss.