Registered: Jul 2008
04-21-12 02:56 AM
Quote from lwlee:
Uh, you just figuring this out?
I held that dog for 2 years because I bought what I believed in. Still believe in how great IB's technology is, but the stock is a dog.
You know it's a sign that you haven't done your due diligence if you think IB has any great technology...or ever did.
TWS sucks. Their only technology is jack of all trades master of none. There is no technological advantage in trading at IB. None, because their platform's terrible. I find it useful as a professional for account allocations but it's entirely too confusing, and the smart router will send you to 24/6 ECN's and not the primary exchange, which is what they're supposed to do anyway if NBBO isn't at the exchange then they're required to stick it somewhere else.
No, there isn't any great technology here. They just offer a wide variety of securities types, but the platform's terrible, which, if it weren't for the platform sucking as much as it does I might give my vote a better rating for them. Other than fills on time that much is to be expected, and just because they offer all types of securities and commodities, bonds, forex, stocks, options does not mean that they have any technological advantages because they don't.
I especially dislike them as a broker requiring clients to pay for data. That shows they aren't very big.