First of all, hi guys. New poster here. First I'll explain my situation: I'm an stock investor who also takes a top-down technical approach to chosing stocks. Also I cut losses quickly and will take profit if the given stock runs too far up the 150-day MA too fast with no surprise change in fundamentals. So I am reasonably active; atleast enough that I want cheap commissions in a bad way. I also want to have a high level of integrity (i.e. no funny business) and reliability in my new broker close to my current one (BMO.) Beyond that I could care less about ever talking to brokers, their chart and news services, margin rates, etc. Anyhow, I've been looking at IB, but there is one detail on the fee schedule that I don't understand: "Broker Initial Deposit: IB requires an initial deposit of $10,000 or the USD equivalent that will be used towards the broker's and broker's clients' first commissions" (http://www.interactivebrokers.com/en/accounts/fees/minimumDeposits.php?ib_entity=ca#balance). Does this just mean your account needs to have 10K in it to begin with or that you need to actually give up 10K for your first commissions? Would have just dealt with IB's staff, but they didn't reply to my email.