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    SIPC limits and IB

    def, Does IB's insurance apply to each account in IB or to each client? If I place multiple accounts with IB, will IB's insurance apply up to the full insurance amount for all of my accounts individually, or combined with all of my accounts?
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    IB incorrect commission charges

    Today IB is letting me buy more than what shows in "Buying Power". I did not see this happening last year. IB chat representative has no clues but says that if the system lets me, I can keep trading. You might want to double check your unbundled commissions as well as re-calulate your proper...
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    Disputing an IB trade

    Hoi! If you read my posts carefully, you would find out that I mentioned I already did let IB know about the details of the problem. The representative understood and said that the developers would be notified about it for a fix. More than one trader ran into this bug not too long ago. It is...
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    IB Trailing Stops

    Jerry, SuccessTrade/LowTrades and at least one other broker's "trailing stop" order works like the way linkman originally mentioned in the 1st post of the thread. You have to mention both a stop price as well as "trailing by" price. That order only trails if the price goes up (for a sell...
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    Dont even think about Etrade

    stock777, What did Etrade do to you lately?
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    Disputing an IB trade

    Hoi! Note that I mentioned the orders got *fully* executed according to IB's system. It was not the case of partial filled order. In the case of a partial filled order, the rest of the order could have been visible in TWS' Pending page. How old TWS version do you use? :) You should be able...
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    investor protection

    Does Schwab offers extra monetary protection for CyberTrader? CyberTraders' site probably would have reported it had it been the case. Why do you think IB is less safe than MB or Cybertrader? Both call and email multiple times in different time of the day and week to find out if you like or...
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    Disputing an IB trade

    alanm, I am not even talking about changing an order after a partial fill. Those two simple examples are very clear cut. IB transmits those order without difficulties. You will find out those discrepancies in Trade Summary. It were not even the cases in which TWS thought an order was...
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    Disputing an IB trade

    alanm, I was not saying that they reduced the size of an order because of risk management reasons. Note that I have mentioned thatthe discrepancy can be seen even in an order that IB's TWS thinks *fully* executed. It can be seen even in an IRA account even if you have enough buying power...
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    IB Suggestions & Improvements

    IBsoft, IB Salvatore, in unbundled pricing, how much commissions rate does IB's system deduct before calculating how much shares of XYZ can one purchase with a BUY LIMIT stock order sending through SMART router? Similarly, again in unbundled pricing, how much commissions rate does IB's system...
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    investor protection

    Cybertrader does not clear though Schwab. Both Cybertrader and MB clear through Penson. By the way, I think you may still suggest IB what improvements you want to see at TWS.
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    investor protection

    For investor's protection, one should try to find out the financial situation of the company and its clearing firms. IB posts its financial information, and also have more clients than MB or Cybertrader. You might want to look at it.
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    Disputing an IB trade

    Toonces, IB's TWS' order accepting mechanism indeed has bugs. The bugs are more prominent now after they have introduced unbundled commissions rate. Besides, Their real-time buying power may not necessarily be real-time. In addition, IB' liquidation algorithm and TWS' order accepting...
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    Possible Etrade Fraud

    Here is the full URL for Interactive Brokers: http://www.interactivebrokers.com The other one is rmltrading.com which has both per share and per trade pricing. You can view the details of the $2.95/trade deal in quotetracker.com if you follow the link for RML on the left hand side. You...
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    Possible Etrade Fraud

    xinfamousxalias, Hope you got your account problem straightened out. Once you can get rid of Etrade, you might want to consider IB (if you like per share pricing) or RML Trading ($2.95/ trade +/- ECN rebates). Their commissions are much better than Etrade's $12.99 (up to 2000 shares) per trade.
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    1099 Total Proceeds #

    I don't think it is a mistake on IB. 1099 has your sales only. it is up to you to let IRS know what you did with them. If you have covered some of them in a later, you need to let IRS know that too so they don't get confused.
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    ANNOUNCEMENT- seeking traders interested in overturning the PDT rule

    The rule does not prevent you to initiate the 4th position. Not too many brokers prevent you to initiate the 4th position even after making 3 day-trades in 5 days. For example, Ameritrade lets you have the 4th position as the rule permits. They will still count the number of day-trades and...
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    What 's the cost for an Hidden order?

    Follow up with a Trouble Ticket as soon as you can. Don't email.
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    IB's Trouble tickets

    dont, Which IB guy did you PM? This information may be helpful for others.
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    New IB Commissions for High Volume Stock Traders

    isaac000, According to IB CSR, there is no such maximum cap limit i.e., 0.2% of the total trade value in the unbundled pricing schedule even for the base commission (i.e., the commission before +/-ECN rebates).
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