Inexpensive direct access

Discussion in 'Retail Brokers' started by Scraff, May 28, 2009.

  1. Scraff


    Hey folks. I was a pretty active trader a few years ago and I was using CyberTrader. IIRC, they charged me about $150 a month or it was free if I made 20 (or was it 40?) trades a month.

    I started trading semi-regularly again and I'm using an account I've had for years with Ameritrade. I'm not getting quick executions and I'm assuming it's because they're not giving me direct access.

    What's the least I can pay for direct access? I'm not trading that frequently, so any deals like "free with 20 trades a month" won't apply for me. thanks.
  2. Scraff


  3. Interactive Brokers.

    Low commissions and free basic data feed bundle. If you don't pay at least $30 a month in commissions they will only charge you a $10 a month inactive fee.