Bring your own data key. You pay for the software; the market data is separate.
Start reading options exposure.
The full Obsidian desk. Bots, education and Cipher included.
For serious traders.
Cipher Free uses IEX-only stock snapshots and Alpaca Indicative options data, not consolidated SIP or OPRA. Indicative trades are delayed by at least 15 minutes and heatmaps refresh every 15 minutes. Alpaca account eligibility, agreements, and data entitlements apply. Alpaca is not affiliated with or endorsing Cipher. Annual paid billing includes one month free. Cipher platform access on the Server and Cipher X plans runs on your own Alpaca Algo Trader Plus market data key, which Alpaca bills separately.