"Trade Allocation Minimum Commissions" appeared on the commissions page recently: https://www.interactivebrokers.com/en/index.php?f=1590&p=stocks2 Has IB always had this buried in the fine print somewhere or is it new? I had plans to open a F&F advisor account but this completely ruins it for me. My trading strategy is very active and comms are often near the minimum. As a result, if I had 10 client accounts with $100k each, the total comms would be almost 10x as much as one account with $1M. This is ridiculous. I will have to look into doing a LP structure or something like that instead to work around. At the very least, IB should introduce some kind of volume discount, or waive the fees completely once a certain amount of monthly commissions have been reached in the advisor account. Thoughts? Comment from IB?
Bump. Is my post TLDR or does no one have an advisor account with IB? Are the allocation fees new, as they seem to be? If so, has anyone been affected and/or had to shut down because of it?