Opinions on Interactive Brokers?

Discussion in 'Retail Brokers' started by stockmarketbeginner, Nov 29, 2017.

  1. Sig

    Sig

    Well I'm confused. When I first typed this I looked at my last transaction which was buying 600 shares of an ETF, GSY, for which they charged just the flat $4.95
    upload_2017-11-30_13-57-28.png

    However when I look further back, they did charge me an "Esch Process Fee" which I assume includes the SEC fee for that same security, so you're correct and I was wrong.
    upload_2017-11-30_13-58-43.png

    I'll have to call Schwab and ask them what's up, although not sure that they won't just realize they missed charging me and I'll lose money from the transaction!
     
    #31     Nov 30, 2017
  2. Robert Morse

    Robert Morse Sponsor

    SEC 31 fee and TAF are only on sell orders of securities.
     
    #32     Nov 30, 2017
    MoreLeverage and Sig like this.
  3. Sig

    Sig

    Got it, all makes sense now. My bad for the rushed look, thanks for setting me straight!
     
    #33     Nov 30, 2017
  4. lol, I knew that was the problem. we have guys here that only buy . never sell.
     
    #34     Nov 30, 2017
  5. Robert Morse

    Robert Morse Sponsor

    Sorry, I had to.

     
    #35     Nov 30, 2017
    Sig, SoesWasBetter and lawrence-lugar like this.
  6. ychernin

    ychernin

    HI DEAR, could you recommend me one platform you use, but must be suitable for canadians.
    TWS too complicated , and slow.
     
    #36     Nov 30, 2017
  7. ychernin

    ychernin

    not working, I have 10000 hours in trade cannot use it.
     
    #37     Nov 30, 2017
  8. ychernin

    ychernin

    my experience -impossible to use , worst soft on a market.
     
    #38     Nov 30, 2017
  9. Well, Ive been using it a very long time, and while it's not easy, calling it impossible is a reflection on YOU, not them ,

    Another 3 post troll talking trash
     
    #39     Nov 30, 2017
    themickey and d08 like this.
  10. sprstpd

    sprstpd

    IB used to eat that fee and then one day they started passing it on. Many years ago now.
     
    #40     Nov 30, 2017
    d08 likes this.