Estimate an Order

POST {{baseUrl}}/v1/trading/accounts/:account_id/orders/estimation

Order estimation endpoint will display, based on user’s account balance, the estimated quantity and price they will receive for their notional order.

For LCT - customer’s order will include the Alpaca swapfee, while correspondent side swapfee is configurable in the API call. Utilising this API does not result in a real order and after the calculation - the user’s buying power reverts to the previous state.

Responses and Errors are the same as with the Orders API

Please note that the estimation is based on the market condition at the time of submission and a live order will differ. The output should be considered indicative.

Note: This does not support Crypto or non-market orders at this time.

Request Body

{"symbol"=>"do eiusmod ut eu", "side"=>"buy", "type"=>"stop", "time_in_force"=>"gtc", "notional"=>"sunt", "swap_fee_bps"=>-54132470}

HEADERS

Key	Datatype	Required	Description
`Content-Type`	string
`Accept`	string

RESPONSES

status: OK

{&quot;id&quot;:&quot;61e69015-8549-4bfd-b9c3-01e75843f47d&quot;,&quot;symbol&quot;:&quot;AALP&quot;,&quot;client_order_id&quot;:&quot;61e69015-8549-4bfd-b9c3-01e75843f47d&quot;,&quot;created_at&quot;:&quot;2021-03-16T18:38:01.942282Z&quot;,&quot;updated_at&quot;:&quot;2021-03-16T18:38:01.942282Z&quot;,&quot;submitted_at&quot;:&quot;2021-03-16T18:38:01.942282Z&quot;,&quot;filled_at&quot;:&quot;2021-03-16T18:38:01.942282Z&quot;,&quot;expired_at&quot;:&quot;2021-03-16T18:38:01.942282Z&quot;,&quot;canceled_at&quot;:&quot;2021-03-16T18:38:01.942282Z&quot;,&quot;failed_at&quot;:&quot;2021-03-16T18:38:01.942282Z&quot;,&quot;replaced_at&quot;:&quot;2021-03-16T18:38:01.942282Z&quot;,&quot;replaced_by&quot;:&quot;61e69015-8549-4bfd-b9c3-01e75843f47d&quot;,&quot;replaces&quot;:&quot;61e69015-8549-4bfd-b9c3-01e75843f47d&quot;,&quot;asset_id&quot;:&quot;61e69015-8549-4bfd-b9c3-01e75843f47d&quot;,&quot;asset_class&quot;:&quot;us_option&quot;,&quot;notional&quot;:&quot;4.2&quot;,&quot;qty&quot;:&quot;4.2&quot;,&quot;filled_qty&quot;:&quot;4.2&quot;,&quot;filled_avg_price&quot;:&quot;4.2&quot;,&quot;order_class&quot;:&quot;bracket&quot;,&quot;order_type&quot;:&quot;stop&quot;,&quot;type&quot;:&quot;stop&quot;,&quot;side&quot;:&quot;buy&quot;,&quot;time_in_force&quot;:&quot;gtc&quot;,&quot;limit_price&quot;:&quot;3.14&quot;,&quot;stop_price&quot;:&quot;3.14&quot;,&quot;status&quot;:&quot;filled&quot;,&quot;extended_hours&quot;:true,&quot;legs&quot;:[{&quot;value&quot;:&quot;\u003cCircular reference to #/components/schemas/Order detected\u003e&quot;},{&quot;value&quot;:&quot;\u003cCircular reference to #/components/schemas/Order detected\u003e&quot;}],&quot;trail_price&quot;:&quot;3.14&quot;,&quot;trail_percent&quot;:&quot;5.0&quot;,&quot;hwm&quot;:&quot;3.14&quot;,&quot;commission&quot;:&quot;3.14&quot;,&quot;commission_bps&quot;:&quot;10&quot;,&quot;swap_rate&quot;:&quot;1.23&quot;,&quot;swap_fee_bps&quot;:&quot;1.23&quot;,&quot;usd&quot;:{}}