Discussion in 'Retail Brokers' started by Bear Plunger, Oct 25, 2008.
Probably increasing their margin to minimize margin calls lately. They did this a long time ago with the oil futures - and never went back to the intra-day margin rates.
Other brokers have been increasing margins.
TradeStation ended their $1000 intraday margin for eminis.
2 weeks ago there was this post about RCG:
"yes, cme raised ES margins to $5,063 per contract.
RCG even doubled that to $10,126 for the ES. anyone have a similar experience?"
Imagine that, ES margin double what IB requires.
yes IB they cater to canadians lol\]
Questrade is cheaper for higher share amounts. 1 cent a share, $4.95 minimum up to $9.95 maximum.
When I was with Questrade their exchange fees were more than IB's commish
Trade with CFT, they have good rates and you can trade remote.
There was a broker that was an advertiser on ET called Efficient Executions, they had lower rates than IB for stocks. I am pretty sure they take Canadian customers but you should ask to make sure. Their website is www.efficientexecutions.com
FlatIrontrading.com the lowest! I am with them remote, I know they offer remote access for Canadian traders. I believe their site is down at the moment.
Separate names with a comma.