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does IB Lite cover MOC or MOO orders? Also, have you guys tried Alpaca? it's API-enabled free commission brokerage. It's relatively new, but since it allows API trading AND offers free commissions, it's probably attractive to many on this forum...

anyone has recent experiences with Alpaca? how reliable are they as a brokerage firm? I've been playing around with it for the past week. No commissions, so great for day traders...just don't want them to blow up/run out of money and lock up my money...

I'm using IB and doing around 2mm shares a month. my average total fee is around 0.0037 per share. this is assuming: IB commission: blended around 0.0022 per share exchange fee: 0.001 per share on average (for market on close) transaction fee: 0.000013 of total proceeds (for sales orders...