Why would you trade at IB, their software sucks. I'm sure you can find some brokeage that offer fee level 2 with 20 trades and 1 cent per share. Or just ask them if they can give you a better deal on the commissions. Most firms will lower their rates if you ask.
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Trading...
Does anyone here trade CSCO. It was dead today. I couldn't get filled on ISLD when my sell was on the bid for a long time. I only did 30 trades today, because volume was so light.
I think all next week will be the same.
I'm waiting for more info from them, i'm not going near them till I know all their fees.
I'll post their ecn fee when they email me back.
It looks like they only want traders doing 100 trades a day or more. This wouldn't work for someone making 10 days a day. But for traders doing 100...
I just got an email back from them:
Joey,
Our ecn fees are not marketed up they are charged at cost. We also pay Full liquidity credits. I will email you our ecn fee on Tuesday.
Thank you for contacting us.
DTP
I don't know what "Full liquidity credits" are?