Research by conversation
Ask the agent to investigate markets, companies, filings, strategies, and your connected account context.
AI workspace plus connected broker
Use BotSpot with Alpaca
BotSpot supplies the AI trading workspace. Alpaca supplies the connected brokerage account and execution layer. Together, you can research, request an approved one-time trade when direct trading is enabled, or build and operate a complete automated strategy.
BotSpot capabilities
Place approved direct trades
When direct trading is enabled, request a one-time trade in plain English, inspect the order, and approve it before submission.
Build complete algorithms
Create, revise, backtest, connect, and operate Lumibot strategies without assembling the full application stack yourself.
Use the AI client you prefer
Work in BotSpot or connect through ChatGPT, Claude, Cursor, Codex, and other compatible MCP clients.
Capability comparison
| Capability | BotSpot | Other platform or broker |
|---|---|---|
| AI workspace | Conversational research, trading actions, and strategy lifecycle. | Alpaca provides brokerage and developer APIs. |
| Account and execution | Uses your supported connected broker account. | Alpaca holds the brokerage account and executes eligible orders. |
| Application ownership | Provides the product, agent, revisions, backtests, approvals, and operations workflow. | Direct API users build and maintain their own application layer. |
Why this is an integration, not a winner-take-all comparison
Alpaca and BotSpot solve different parts of the workflow. Connect Alpaca when you want its brokerage account and API execution with BotSpot handling the conversational product layer around research, approved trades, and automation.
- Ask the agent to research an idea before deciding whether to trade or automate it.
- Prepare a one-time order, inspect the details, and approve it before BotSpot submits it.
- Build, revise, backtest, and operate a Lumibot algorithm using the same connected account workflow.
Who should use which
Use BotSpot with Alpaca when you want the AI workspace for research, approved one-time trades, and Lumibot strategy operations while Alpaca holds the account.
Use Alpaca APIs directly when you want to build your own application without BotSpot.
These products stack rather than replace each other. Simulated BotSpot backtests are not Alpaca live results. Include drawdown and date range whenever a number is shown.
Connection details
BotSpot currently lists Alpaca for stocks, options, and crypto with paper and live connection modes. OAuth and API-key connection methods are available. Actual products, permissions, data, fees, and order eligibility depend on the Alpaca account and current broker policies.
Frequently asked questions
Can BotSpot connect to Alpaca?
Yes. Alpaca is listed in BotSpot as a supported connection for paper and live workflows. Available products and permissions depend on your Alpaca account.
Do I need to build an algorithm to trade through BotSpot and Alpaca?
No. When direct trading is enabled, BotSpot can prepare an approved one-time trade for a supported connected account. You can also use the agent to build and backtest a complete automated strategy.
Sources
Sources verified 2026-08-17.