This poll will be skewed towards .005 because that is the current IB all in rate and I would estimate that 90% of retail traders on ET are with IB. nitro
Agree, i met a trader in Bangkok nearly 2 years ago, he was getting .00025 (his monthly volume ranged from 3 million to 5 million shares) he was getting thompson for screening stocks for free also
is that for retail only? We need super dot or whatever nyse is using now and real time level 2s on nasdaq. Can we get leverage at IB? intraday? overnight?
Hmmm - some of us forgot that this was the pro forum, and IB doesn't really apply if you need more than retail leverage. That is, AFAIK, even if you created an LLC entity, IB will limit your leverage as required for retail accounts (i.e. 25% margin, 50% Reg T must be met at 15:50 ET).
what amazes me about being on et the last 18 months is the sheer amount of people with only 5k and using prop leverage. i bet 90-95% on here trade with 5k and use 20 to 100-1 leverage
Probly not. The rates are not fixed. They are generally negotiated with each trader, based on volume and other factors. I'd suggest just contacting the ones that are commonly talked about here, and finding out what they'll do for you - there aren't that many. Ones that immediately come to mind are: Assent Echo Bright Genesis