InteractiveBrokers monthly fee?

Discussion in 'Trading Software' started by bwc, Nov 22, 2006.

  1. bwc

    bwc

    I know tradestation have this triple digit monthly fee for just using their platform. ( $100/month if using them as a broker )

    But does anyone know if IB also have something like that for
    just using their TWS? I can't seem to find any info saying anything about this on the website (except for the $10 USD monthly and data fees which is still much less than $100).

    If IB doesn't, then that's definitely gonna be my choice..as I had
    a difficult time deciding between TS and IB .. and that huge monthly fee for just the tradestation just turned me off.

    Thanks.
     
  2. IB you only pay for minimal data costs. US stock and futures is $10 per month unless your commish exceeds $30 (then it's free).

    Keep in mind that TS fees are waved with very little activity.