place_crypto_order

place_crypto_order

Server Alpaca MCP Server metachain-org/alpaca-mcp-server
Category Financial
Risk class Critical
Parameters 00 required

What place_crypto_order does on Alpaca MCP Server

AI agents use place_crypto_order to commit financial operations through Alpaca MCP Server — usually the final step of a payment, billing, or trading workflow. A call moves real money.

Why place_crypto_order needs a policy

Despite the empty description, the tool name clearly indicates placing a cryptocurrency order. Given the server context (Alpaca Trading API, crypto trading support), this tool almost certainly executes a financial transaction to buy or sell crypto assets. Sibling tools like 'close_position' and 'exercise_options_position' confirm this is a live trading environment.

From the tool's definition Tool name 'place_crypto_order' on a server explicitly described as supporting 'stock, options, and crypto trading' — placing an order commits a financial transaction.

Questions about place_crypto_order

What does the place_crypto_order tool do? +

place_crypto_order. It is categorised as a Financial tool in the Alpaca MCP Server MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on place_crypto_order? +

Register the Alpaca MCP Server MCP server in PolicyLayer and add a rule for place_crypto_order: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Alpaca MCP Server. Nothing to install.

What risk level is place_crypto_order? +

place_crypto_order is a Financial tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.

Can I rate-limit place_crypto_order? +

Yes. Add a rate_limit block to the place_crypto_order rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.

How do I block place_crypto_order completely? +

Set action: deny in the PolicyLayer policy for place_crypto_order. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.

What MCP server provides place_crypto_order? +

place_crypto_order is provided by the Alpaca MCP Server MCP server (metachain-org/alpaca-mcp-server). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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