Been with IB 6 months and reviewed all monthlies last night. Commish for high volume is still too high. You could, however, save huge if you swing trade higher priced stocks fewer shares which is what I have sometimes done with listed. I still keep Datek for many trades that would be too much with IB. Geo.
That would be in interest on the monthly statement? They would pay me 1. whatever on my cash over 10K and then back out their margin? Mention this because I don't recall any interest line on the dailies so assumed it most be done monthly. Do I have this right? Geo
Indeed you do. I keep about 25-30k in there and only get about 17-20 bucks a month. Shortboy would be proud