Scottrade vs IB

Discussion in 'Retail Brokers' started by bandit77, Jan 16, 2006.

  1. I've been fuming at Scottrade the last week, so have been shopping.

    I did a quick comparison calculation. The past month I did roughly 54000 shares and 740 options contracts.

    Total commissions at Scottrade = over $1800

    what commissons at IB would have been = $750

    what a rip

    (should have posted in Broker discussion, mod please delete other copy. Thanks)
  2. GTC


    Why have you been fuming? What did Scottrade do?
  3. I think he just means he's upset that he has paid more than he should have, that's all.

    But, yeah, you're right that he probably shouldn't be fuming at Scottrade.
  4. other than the platform and feed sucking, yeah, no fuming needed
  5. they screwed me on some option executions this week. ie 10 cents on 10 contracts = $100... and it's not the first time.