when you look at the rates, also watch out hidden rates!!. Those rates might kill you. IB has no hidden rates. I am extremely impressed by my option fills. I assume their customers will increase by 20% just because of this rate decrease.
Mktman..... Since the World Series is underway, I'll put it like this: Dude, you're so far off base, you oughta be thrown out!
BSAM: Relax. If you had my troubles when I was with them you would have left too. Are you saying IB has no faults?
Some clown on another thread complaining 1/2 second execution time with hot keys is too long. You guys dont even trade, you just lurk here and talk nonsense.
What does '@ USD 50' and '@ USD 2' mean? 1,000 Shares @ USD 50 Share Price = USD 7.50 1,000 Shares @ USD 2 Share Price = USD 4.00 If I trade 1000 shares would I pay $4? Should it not be $3.50 for 1000 shares? ($1 for the first 500 and .0005 for the rest?) Thanks!
As of Nov 1st. All shares are 1/2 cent ($0.005) per share, no matter what quantity. Share price does not matter. There is a minimum commision of $1.00. Therefore, 1 to 200 shares at any price per share = $1.00. Over 200 = number of shares x .005 = commission. Thus, 1000 x .005 = $ 5.00 2000 x .005 = $10.00 Jack