As someone already mentioned, you can use the tiered structure with IB and save on commissions (sometimes even be negative commissions depending on your size) IF you route your orders correctly (will require some homework) and are generally adding liquidity. if you don't like the TWS software, find a third-party software to use as a front-end, there are about a hundred listed on IB's third party provider page.
Setting up a variety of option orders and buying and selling options and equities doesn't require rocket science. I don't like IB's software - especially the headaches that arise with new upgrades - but it's not bad enough that I need to go elsewhere. One thing that I really do like is the ability via a DDE connection to have Excel live in real time. That's where the heavy lifting is done and that saves me a lot of time.
Web trader does not have a spread ticket. All our other software have spread tickets with much lower mins. Best to speak on the phone to go over choices for each new client.
Hello guys, got a beginner question here, in IB demo account, it takes , sometimes, 20 mins or more , to get filled 1000 shares, at stocks like KO, AMD, TSLA, even with market type orders. Be it long or short. Is the real platform so slow as well ? Like AMD has 2,5k share flow per second,on avarage, so doesn't make sense. Thanks in advance.
No such problem on real platform. Execution on IB is superior compared to other brokers like E-trade.
Demo account = sim, and sim = not real. Ergo, real will be better than sim at simulating what you will experience in the real world. It is like what Sig typed... If I put it a non-conditional market order to buy or sell 1,000 shares in a stock that has a daily volume in the tens of millions, or hundreds of millions, and it did not fill immediately, I'd start thinking of finding another broker where it DOES, or trading futures. Or both? ;-)