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giles117, I have contacted Sogo today. They have said that though SogoElite has been launched earlier this year, the advertised features including stop orders or shorting capabilities are not available yet and planned to be available some time next week. :confused:

Scwab used to charge ~$30/trade even a few years ago. For some type of accounts, Etrade still charges ~$20/trade.

giles117, Thanks. Can you do the same to open a short position using stop-sell (or stop-sell_short). i.e, not closing a long position using stop-sell? (IB apparently does this using "stop-sell" even fulfilling short uptick rules if needed automatically. For some stocks, there is no uptick...

giles117, do they allow "stop-buy" to open a position? Do they allow "stop-sell" to open a position? Or, are those orders at Sogoinvest just for closing a position?

IB_Salvatore, FYI: when it says "Shortble: 10000" in the link of the link on the above post, it actually means that at least 10000 shares are available for shorts.

That would be really good IB_Salvatore. Thanks.

Since you trade low priced stocks, you might want to look at just2trade or lowtrades and choicetrade. By the way, why do you imply that your Ameritrade account is already way over the insurance limits unless you have more than $250 million dollars worth of securities. They are supposed to have...

According to IB CSR, there is no minimum activity fee if there was no non-free data subscription to start with for the whole month. However, it would be very impractical and quite clumsy to try to trade with different order types. Without the data, it would be like trading blindfolded.

nkhoi, where did you see that deal?

The topic is in the feature poll as giggollo pointed out: http://www.elitetrader.com/vb/showt...068#post1325068. May be IB can have a collapsible sign "+" in the new statement under commissions. So, by clicking that collapsible sign "+", one would be able to view the commission details. In...

Thanks DAV. When is this fix going to be available?

traderich, at the beginning, it might be a good idea to just avoid unbundled commissions, and focus on what IB does better. Wire and ACH are lot faster than check writing at IB. With unbundled commissions, you may get a few surprises. Here is an unbundled commissions example of a limit...

Shreddog, I agree with you on this point 100%. Now, when you see a seemingly high commissions charge, you really do not know if it is due to IB's system's bug (as somebody else pointed out and confirmed), or if it is because that the SMART router was trying to re-route somewhere else with...

If you do not care about the transfer fee, and speed is more important for you, you may consider wire transfer.

roncer, I have heard the paper-forms get scanned at IRS at some point. I am not very sure how legible your 4-page on 1 side (or 8 pages on both sides) will be after scanning. Note that you may not be able to send your schedule-D form provided by IB as is if it does not have wash-sale...

I also thought IDEAL was slightly more expensive. I really hope IB gives an option to have the detailed break-down of unbundled commissions in its new statements to erase all these confusion. It should also help IB and decrease CSRs' involvement.

Scottrade's margin rate is closer to Ameritrade's.

qll, just2trade's margin rate is "whatever rate is advertised in just2trade's website by default" or "your broker's margin rate"--whichever is lower. Therefore, it cannot be higher than IB's rate.

[b] restino, Indeed sometimes it is some IB CSR that needs hand holding to locate the correct to-the-point up-to-date IB information. But sometimes, you also need to help them help you. Having said that, I recognize that most of the inputs in ET from a brokerage firm's representative are...

I think ids was just trying to help out. If possible, I try to appreciate when any brokerage firm's representative uses his/her time to help out. :)