Opinions on Interactive Brokers?

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

  1. maxinger

    maxinger

    I don't want to discredit any brokers but after many decades of trading, market orders might be executed minutes later. So do expect things might go wrong due to server overload, software bugs, heavy traffic or whatever.

    or sometimes, it could be our keyboard or mouse (even if it is of superior quality) having intermittent problems.
     
    #71     Jan 14, 2019
    Nobert likes this.
  2. Robert Morse

    Robert Morse Sponsor

    Lithuania~Netherlands might be an issue. You
    After you hit sent, even from across the world it should be fast. If it is not, you should test your ping time. Long Ping times with us come from poor internet with many hops plus the use of poor WIFI.
    I have clients in Australia, China, Hong Kong and Russia that do not complain about the speed. There was one guy in the US had had old DSL at 1.5 down and .5 up that was subject to slowness.
     
    #72     Jan 14, 2019
  3. Nobert

    Nobert

    Could you recommend credible ping testing tools / sites ?

    Thank you & everyone that replied.

    p.s. some results from tests, given by google search :

    min: 35 ms
    avg: 40.6 ms
    max: 53 ms
    median: 40.0 ms
    jitter: 3.3 ms

    another test :

    Ping ms
    137
    Download Mbps
    46.52
    Upload Mbps
    24.98

    Tele2 ( Lithuania )
    90.131.43.213
    NaN stars
    fdcservers.net
    New York, NY

    another location :

    Ping ms
    195
    Download Mbps
    41.18
    Upload Mbps
    18.19

    Tele2 ( Lithuania )
    90.131.43.213
    NaN stars
    AT&T
    San Francisco, CA
    Change Server
     
    Last edited: Jan 14, 2019
    #73     Jan 14, 2019
  4. Robert Morse

    Robert Morse Sponsor

    No. you need to ping the platform's server. On LS trader our IT guys can do this. On Sterling, it is build in and you can see it when you login. You can also choose a server. I'm in NY.

    upload_2019-1-14_8-12-15.png
     
    #74     Jan 14, 2019
  5. Did you try pinging 217.192.86.32?
     
    #75     Jan 14, 2019
  6. Robert Morse

    Robert Morse Sponsor

    Where is that? 92ms is a lot if that is in NY, NJ or Chicago.

    upload_2019-1-14_8-31-9.png
     
    #76     Jan 14, 2019
  7. It is IB's server in Switzerland.
     
    #77     Jan 14, 2019
  8. Robert Morse

    Robert Morse Sponsor

    Then that make sense.
     
    #78     Jan 14, 2019
  9. Eastern Warrior....Can you tell us what Broker that you use? Is it IB?
     
    #79     Mar 13, 2019
  10. fkienast

    fkienast

    I've been using IB for 11 years. I am happy with them. If you are not trading actively enough to generate a I think it is $15 commissions, you get charged the difference (which happens to me a lot, since I tend to sit on positions for months at a time). Also plan on paying $15 to $25 a month for market data (refundable depending how much you generate in commissions).
     
    #80     Mar 14, 2019