Is the market data for IB free? I keep hearing that the streaming data for IB is free, but when I go online there is a chart with subscriptions ranging from 40 - 120 dollars.
Its free for most US markets and a number of O'seas markets if you make a small number of trades per month. Otherwise they cost $10 per month last time I looked. There are fees though for other o'seas markets where the exchanges fees are such that IB chooses not to absorb them (eg Eurex, TOPIX, FTSE and others).
From the IB fees page for North America: "US Securities & Commodities Non-Professional Bundle (Includes all Stock, Options, Futures and Bond markets)" "Free (USD 10.00 market data fee if less than USD 30.00 in commissions per month)"