ESMIA is a technology platform operated by Haydamax OÜ (Tallinn, Estonia) and is not a broker-dealer. Securities brokerage services for ESMIA accounts are provided by Alpaca Securities LLC, member FINRA/SIPC, a wholly-owned subsidiary of AlpacaDB, Inc. Haydamax OÜ and Alpaca are not affiliated, and neither is responsible for the liabilities of the other. Brokerage accounts, cash and securities are held at Alpaca. See Disclosures.
ESMIA currently operates against a brokerage sandbox environment while execution partnerships are being finalised; quotes are live, order execution is switched on progressively.
Investing involves risk: investment losses are possible, including the potential loss of all amounts invested. Securities are not FDIC insured and are not bank deposits. Nothing on this site is investment advice or a recommendation.