Is there anyone how day trade with IB

Discussion in 'Trading Software' started by Chris128, Oct 26, 2014.

  1. Chris128

    Chris128

    Hi everybody,

    I'm looking to open an account with IB, as I'm currently trading with ThinkOrSwim but the fees are hurting me.

    So is there someone who day trade equity/CFD with IB and can share his experience ?

    Thank you in advance.
    Chris
     
  2. JTrades

    JTrades

    Not strictly day trading, but some intra-day and inter-day swing and had no problems.

    The activity statements were somewhat confusing for CFD trades. Arithmetically I wasn't entirely sure how some numbers were calculated, but total P&L did tally with my independent records. Some stocks I wanted to trade weren't available as CFDs, but still an extensive range.

    After getting used to TWS I found it more than adequate, but you might find it disappointing if coming from ToS. I wasn't using L2 or T&S but TWS was my only source for real-time intra-day charts.
     
    Baron and Chris128 like this.
  3. Chris128

    Chris128

    Hello JTrades,

    Thank you very much for your feedback.