why are there no other brokers compete directly with IB?

Discussion in 'Automated Trading' started by trend2009, Sep 13, 2020.

  1. tonyf

    tonyf

    Wait what? How did you pay 2m in comm?
     
    #41     Sep 19, 2020
    qlai likes this.
  2. tonyf

    tonyf

    I like their Excel DDE actually....not so much the ActiveX. It does what it says.
     
    #42     Sep 19, 2020
  3. A few years ago their API was really buggy. Since then it has improved enormously.
     
    #43     Sep 19, 2020
  4. d08

    d08

    Compared to the competition it's fantastic. Which competitor can provide as much information for so many asset classes? I don't mean some basic web socket crap of "give me the last close".
     
    #44     Sep 19, 2020
    qlai likes this.
  5. d08

    d08

    If found the Excel DDE to be buggy garbage but it's not the fault of IB but the technology itself.
     
    #45     Sep 19, 2020
  6. d08

    d08

    One thing I've asked IB about is some sort of customer loyalty value. Most brokers offer tiers that stick, meaning if I've done 300k shares per month for multiple months in a row, I will not start off at the lowest tier the following month. Lightspeed offers this and some others, why not IB? It's not an unreasonable ask.
     
    #46     Sep 19, 2020
    JamesJ, tonyf and Robert Morse like this.
  7. tonyf

    tonyf

    I have asked for the same and been told no. I have since cut down significantly the amount I volume I trade.
    Have you tried that with IB Prime (institutional)?
     
    #47     Sep 20, 2020
  8. d08

    d08

    As an individual, not sure I qualify. I'm not that familiar with IB Prime.
     
    #48     Sep 20, 2020
    murray t turtle likes this.
  9. tonyf

    tonyf

    I thought you traded via a delaware LLC?
     
    #49     Sep 20, 2020
  10. d08

    d08

    Never have.
     
    #50     Sep 20, 2020