My main FUD with alpaca.markets is the ability to transfer assets in/out. It doesn't look like they offer ACATS transfers (although there's not much info on this!).
Using them for anything beyond entertainment budget is very scary - you may incur substantial tax liability if e.g. they ever go out of business or you choose to use a different brokerage.
Any insight here? Am I missing something? Is there any way to transfer holdings out without incurring the cap gains?
Using them for anything beyond entertainment budget is very scary - you may incur substantial tax liability if e.g. they ever go out of business or you choose to use a different brokerage.
Any insight here? Am I missing something? Is there any way to transfer holdings out without incurring the cap gains?