What's the fastest you moved money out of a Brokerage you thought was going to be great?

At times IB commissions reach ridiculous levels ($80+ for an electronic transaction!) but the average for me comes out to $7-10 range.
They're far from cheap though.

 

Agree. IB is expensive. They are well-known and with reputation, but I'd rather go to small prop firms for cheaper fees and similar service.

 

How does a prop firm provide similar service to a retail broker? Apples and Oranges.

 

I like TD and Etrade myself. And with Etrade if you have enough trading capital they extend the Etrade pro platform for free even if you do less than 30 trades a quarter.

For me both are cheaper than IB and I feel much more secure as well using these two brokers VS IB and I don't pay any platform fees on both of them which is nice.

 

How much do you pay in interest for overnight positions on margin?
IB has never charged me a "platform fee" which is a stupid concept to begin with.
The other issue is routing/order flow monetizing, I've heard not-so-great things about ET and AMTD.

 

I mean some prop firms provide retail accounts as well, while charging a lower fee.

 

I'm not familiar with that. What would be an example of a Broker Dealer, that is a prop firm, that offers customer account in the same BD? Sounds like a regulatory nightmare.

 

Diff account types.