IBKR reserves the right to reject any IBKR Lite order

I also believe that to be the case. Unfortunately I do not have access to zero commission brokers. It would have been quite easy to test.

 

You can get half the way at tastyworks (OnOpen).

 

Tastyworks seems like crap to me. Never looked if they even have an API, I doubt it's anything close to what IB has.
I'm still surprised there are so few players in this segments when it comes to automated traders. IB earns a buttload from API traders and there's almost no competition. Everyone tries to lure the average Joe with their "pretty" platform, for which API traders don't care about.

 

I love the freedom that comes with being a trader. But I have grown extremely dependent on IB and I don’t like being dependent. What the few alternatives for EU residents have a in common is low equity and no real advantages. Except for Schwab if you live in Germany, UK, Switzerland or Spain.

 

https://alpaca.markets/

Low equity though.

 

like the words say?

 

Can you switch back and forth without any issues? Is Portfolio Margin avail. in Lite?

 

Exactly same! I've tried for 5 years to find something equivalent but haven't found yet.

 

Profitable

 

Why would they restrict your trading to only 10% when they're being paid for selling your order flow? Wasn't that the reason why they moved to the free-commission model?