V. 19:14 Oct (112-113): Product Review: Interactive Brokers by David Penn
Product Description
Product Review: Interactive Brokers by David Penn
What would your ideal brokerage look like for trade execution? A nofrills interface with low fees and direct access to electronic communications networks (ECNs)? How about access to options and futures as well? Interactive Brokers (IB) does it all, advertising access to 45 exchanges and ECNs worldwide. Each share will cost you $0.01 per share up to 500 shares, regardless of order type (market, limit, stop, one cancels all, good till canceled). US equity trades over 500 shares are priced at $0.005 per share. It doesn’t get much cheaper than this.
What would your ideal brokerage look like for trade execution? A nofrills interface with low fees and direct access to electronic communications networks (ECNs)? How about access to options and futures as well? Interactive Brokers (IB) does it all, advertising access to 45 exchanges and ECNs worldwide. Each share will cost you $0.01 per share up to 500 shares, regardless of order type (market, limit, stop, one cancels all, good till canceled). US equity trades over 500 shares are priced at $0.005 per share. It doesn’t get much cheaper than this.
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