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07-25-2006, 07:28 PM
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#1 |
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valued contributor
 
Join Date: Apr 2006
Location: Columbus, Ohio
Posts: 877
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Interactive Brokers
For those of you that use this site I have a few questions:
Are there any monthly maintenance fee's or non active charges if you dont trade every month? Also, when you mail funds for deposit into your account, how long does it take? |
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07-26-2006, 01:40 AM
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#2 |
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forum leader
sept/08 simulation winner
mar/08 simulation winner jan/08 simulation winner weekly challenge winner 7x may/06 challenge winner feb/06 challenge winner 
Join Date: Sep 2005
Location: Miami, Fl
Posts: 2,347
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Re: Interactive Brokers
I use IB. SInce I am an active trader I have never been charged a monthly fee. I believe the fee is $9/month. It took about 10 days for my initial funds to be deposited in my account.
The Guru has spoken __________________ Matthew 10:32...'Whoever acknowledges Me before men, I will acknowledge him before My Father in heaven. But whoever disowns Me before men, I will disown him before My Father in heaven.' |
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07-26-2006, 02:01 PM
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#3 |
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new member
 
Join Date: Jul 2006
Location: Macon, GA
Posts: 2
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Re: Interactive Brokers
I believe that IB requires that they make $10 off of you a month. If you do that through trades (usually $1 a trade), then there is no extra fee. Otherwise, you pay the difference. You also have to do $30 in trades a month to get certain data for free.
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12-25-2007, 06:23 AM
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#4 |
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valued contributor
Join Date: Oct 2006
Posts: 37
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Commission structure for Interactive Brokers:
Can someone please explain the commission structure for Interactive Brokers?
For example what would be their commission if I buy 2000 shares of a $5 stock vs if I buy 2000 shares of a $30 stock? Thanks. |
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12-25-2007, 09:11 AM
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#5 |
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forum leader
Join Date: Sep 2005
Posts: 2,146
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Re: Interactive Brokers
First, start here:
www.interactivebrokers.com Second, read all of this: http://www.elitetrader.com/br/?action=view&R_FirmID=43 Merry Christmas! |
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12-25-2007, 11:23 AM
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#6 | |
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valued contributor
Join Date: Oct 2007
Location: Central California
Posts: 841
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Re: Interactive Brokers
Quote:
$25K gets you the better trading platform, Elite. There is too much info there for me right now, but will be great in the future. Go to Grunt's elitetrader site and look up any brokerage. __________________  Al in Calif.................Die Broke!
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12-25-2007, 06:37 PM
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#7 | |
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forum leader
weekly challenge winner 2x
Join Date: Mar 2006
Posts: 1,165
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Re: Interactive Brokers
Quote:
__________________ Smart people can't trade. God is for those who refuse responsibility. |
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12-25-2007, 08:26 PM
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#8 | |
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valued contributor
Join Date: Oct 2006
Posts: 37
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Re: Interactive Brokers
Quote:
Thanks for the helpful hints though. Merry Christmas! |
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12-25-2007, 10:22 PM
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#9 | |
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forum leader
Join Date: Sep 2005
Posts: 2,146
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Re: Interactive Brokers
Quote:
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