IB's new US equity commission

http://www.prnewswire.co.uk/cgi/news/release?id=156704

 

Some major players are in the bidding war, Merrill among them, so it can't be that bad.

 

It will be interesting to see what other brokers do in terms of slashing US equity commission. Historically speaking, there is a chain reaction of slashing commission waiting to happen among the competitive brokers.

 

... and gasoline stations, among others.

 

Yeah.....Maybe IB will go to .0025 per share. But, I doubt it!! ;-)

 

Thank you ib,this will save me 80 to a 100 a day,i know their are brokers that match or slightly better your rates which occasionally i look at,but your platform and execution are superb.....you have made my day!!

 

There platform is superb?

You must be joking.
Its so antiquated.

 

Does anyone know if there's still a maximum of .2% of the trade value?

 

I have been with about 4 different brokers over the last 3 or 4 years and nothing compares to ib`s platform in terms of being rock solid and reliable...if fact i`m so pleased i think i will do a little irish jig.

tata

 

Left IB few years ago because it was soo unstable. Not reliable.

Good luck.