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Yikes Cutten...that was a verbal ass whipping worthy of "Good Will Hunting"...solid comments...well founded as usual.. :D

To placate canadian regulations IB openned a canadian office. They still clear in the States so the W8 is required for tax withholding exemption. The TWS interface is the same so the only differences will be the base currency and the trading permissions.

Dear Moderator.... Any quip about the head of swifttrade comes with some artistic licence. A major business success he had was in Hungary as a condom mogul so any humorous association between his appearance and elastic past is offered honestly. The risk of litigious action from swifttrick is...

As soon as you trade 4 daytrades in ANY size account you are PDT'd. The computer counting does the count weather the account is over or under 25 K. The removal of funds just trips the lockup automatically as the account in that moment is associated with a sub 25K total. Sucks but true...

Ex swift trader here ....year 2000...in the good old days when they catered lunch to our trading desks...lol.

Having been to a couple of the shows by this outfit I can assure you that much of the "payment" for these erudite pundits comes from the self promotion that is pandered during the seminars. Steve Nisons' $600 candlestick video...mcmillans option course and workbook and the countless $300+ per...