Been with IB for probably not much short of 2 decades. Originally loved them for their super low commissions. But other brokers' commissions seemed to have dropped over time, and I do not know how much of an advantage IB has in that area these days. Bit their margin rates still seem KILLER compared to everyone else I see. Can anyone compete with them? If not, how can IB beat everyone else so soundly?
While I do not disagree, But their main advantage is technology. Most brokers check margin at end of day, where IB does it in real time, every second. This is why such high margin is not really warranted.
Waaaaait a sec Mcnoob. You mentioned IB going bankrupt. I hope you have not heard anything, and this is just a theoretical risk? I've got all my assets with them!
Wow. Its just no on else chooses to. Like why commissions are so competitive, but why no one else chooses to match IB on margin rates. Just seems a little weird.