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$0.005/share should be all inclusive (i.e., including SEC/NASD fees) as the PR news mentions. It doesn't say anything about the minimum. It may or may not still be at least $1. I guess it still might be $1 minimum. The IB representative told me to contact them on Wednesday to know more.

Unfortunately, IB-Chat representative has just told me s/he has no information about the PR news.

I just saw the following information: _______________________________ Interactive Brokers Lowers U.S. Equities and Options Fees [FNJWBQL] GREENWICH, Conn., Oct. 24 /PRNewswire/ -- Interactive Brokers LLC (IB), the technology leader in global brokerage services, is lowering commissions to...

Starting Nov 1, 2005, isn't the rate going to be $0.005/share from the first trade? I am just wondering if that rate is valid for all traders or only specific hogh volume traders or if there are any other special/hidden fees going to be assocaited with it starting next month, and if that fees...

Does anyone know if one has to trade certain amount to get IB's $0.005/share commission rate?

For mutual funds, you might also consider Firsttrade.

Mike805, Which broker do you use?

You can have multiple same-type IRA accounts (Traditional, Roth, Rollover, Coverdell ESA) with different brokers. However, you cannot exceed yearly contribution limits (all brokers' IRA accounts)combined. When you partial-transfer IRA account form broker#1 to a broker#2, you need to make...

IB eats it.

Is there any plans to reduce/rebate US stock commissions for active traders?

Recently, AAI have been able to quickly put new flights for the routes which the other airlines' cancelled. In short terms, AAI's stock have the potential to get close to Southwest's.

If you do direct routing instead of using their CyberExchange, are you still going to have bad executions?

AAI have pre purchased fuel for $66 (or more) per barrel for the rest of the year in anticipation the oil price will go high. Interesting the oil price is now under $66 per barrel. It will be interesting to see how it affects AAI's stock. Fundamentally they are not a good company---but...

Even if brokerage firms do not explicitly mention that "negotiated pricing welcome", they often still negotiate commissions with active traders. There are many factors involved in offering someone better rate than what is posted. Often times, they deal it case by case basis. Sometimes the...

developer17, even if you do not take any legal action against your broker, you still must clarify with IRS regarding the possible "excess contribution" problems that may cost you a lot year after year owing to the inherent excise tax issues. If you do nothing, IRS may use it against you...

Why did you permit transferring the money when your account is still inaccessible to you? If you do a search on ET, you will find that you are not the only one had to wait a long to open an account with them.

I got conflicting information from IB-chat and IB phone customer service representatives on the new IRA-"margin" account: -IB-chat says I can do unlimited round-trip trades using the unsettled funds if I have $25k or more in my IRA account. PDT rules apply. -On the other hand, IB phone...

You can us Ameritrade and lowtrades, etc. for bracket orders among the per-trade pricing brokers. Lowtrades charges an extra $3 for doing it. ETrade offers it only after you become eligible for PowerEtrade. Among per share pricing brokers, IB should be specially considered. With IB, you...

I also learnt from IB chat that IB will not charge any margin interest in the IRA accounts even if you use the unsettled funds since no borrowing is allowed in the first place. By the way, other brokers who restore buying powers before the settlement date also do not charge any margin interest...

What were you trading? Stocks/options?