Un sustainable fees!

Discussion in 'Options' started by wxytrader, Aug 16, 2024.

  1. poopy

    poopy


    I showed a pic of my broker's front end (NOT IBKR) and then *in another post* replied to wxy's optimistic commission claim regarding IB. You're conflating the two things. WVA hillfolk?
     
    #31     Aug 17, 2024
  2. How is is free if you are paying 1.25 per contract? Scaling up in size just means more costs! Anyway, if you want all the useless bells and whistles then YOU should pay for it. The only thing I need the broker for is to transact the trade. They should have a tier system if that's the case.
     
    Last edited: Aug 18, 2024
    #32     Aug 18, 2024
  3. ?
     
    #33     Aug 18, 2024
  4. poopy

    poopy

    Schwab offers thinkorswim for (at worst) 0.65/contract.
     
    #34     Aug 18, 2024
    taowave likes this.
  5. Can't get either in Canada. That's why IBKR is the best, especially for international accounts.

    upload_2024-8-18_9-57-11.png

    upload_2024-8-18_9-55-29.png

    upload_2024-8-18_9-54-4.png
     
    #35     Aug 18, 2024
  6. poopy

    poopy

    You've stated you have no money so why do you care about margin rates? What's the 600 beeps difference mean to you?

    You're being gaslighted by IBKR with the comms. Who cares about comms on dime premiums? You're trading a lot of penny options?

    $0.65 is SCHW's highest rate and everyone negotiates a lower rate. You can't get IBKR on the phone to permission an account after sending a wire (took 20 days). IBKR will not negotiate that (bundled) rate and their futures commissions are laughable. You have to trade 20K or more to get 1.35 on Globex.

    Move to a first world country?
     
    #36     Aug 18, 2024
  7. poopy

    poopy

    So why bother with this thread?

    Bitching about rates at all the available brokers and countering your own argument by stating IBKR's rates are good.

    You admittedly have no other choices so STFU, maybe?
     
    #37     Aug 18, 2024
  8. The question is how are banks still in business? I was already with IBKR, but was also using my banks platform because its quicker to move funds in and out...but with e-transfer under 3k only takes a few hours sometimes on IBKR.

    Now I have to move all my funds to IBKR but my mara position is trapped at my banks platform...will transfer over maybe.
     
    #38     Aug 18, 2024
  9. taowave

    taowave

    IB has come down alot since I was there



     
    #39     Aug 18, 2024
  10. poopy

    poopy


    ACATS can take 10 days. Who trades with their commercial bank?
     
    #40     Aug 18, 2024