new to markets mb's ok. i trade all options with them so speed not impiortant. i think ib's much better overall. but if somebodys a big trader of stocks i'd go with a prop firm much easier to enter orders. how many shares do you trade aq day?
I dont daytrade. am a swinger man. blocks. mb work with institutions (so ib I know I know ). They say MBTX is cool in handling that. I can also negotiate on pricing. (actually I alway can negotiate on pricing ) I am also looking at Red Sky Financial - very flexible guys and let you pick the clearing firm you want and do prime brokerage too - f**king great! They are more expensive than MB though.
by the way!!! money is not mine so I need to pick a good broker! OR AM DEAD!!! and also - I am new to market
MAN I'D GO WITH IB WELL OVER MB IF YOU'RE DOING SWING TRADING. EVEN IF YOU NEGOTIATE YOU WON'T BEAT IB PLUS THEN THE ORDER ENTRY DOESN'T MATTER. IB'S FILLS ARE GOOD
Does Schwab offers extra monetary protection for CyberTrader? CyberTraders' site probably would have reported it had it been the case. Why do you think IB is less safe than MB or Cybertrader? Both call and email multiple times in different time of the day and week to find out if you like or dislike the Broker's customer service. Remember that some brokers answer only the new account related inquiries very fast.
S.I.P.C. is freaking S.I.P.C.! If the seal is on the door than you are insured for your 3K! or 100K in CASH or 500K in worthless stocks. Grow up .