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I have opened many accounts since 1972 and I have never had a broker ask for anything beyond what I put on the applications I filled out to open the accounts.

Maybe being turned down on that credit card application resulted in a negative on your credit rating? Maybe you could opened a stock trading account with a broker that offers a universal account and add futures trading to your account after trading stocks for a few weeks? MB Trading and...

ZXD, Your above reasoning has only touched the surface of the advantages of an Interactive Brokers with a universal account when compared to TDA/ToS accounts. Keep your TDA/Tos accounts for now and open an account with IB. After using IB for a week, you will know if you should go ahead and...

Heyman, The best way to read about what all Captools can do is to search "Captools" with Google. The first link is to the Captools' site. There is much to read on their site. The software can handle about any type of transaction you could think of. The software prices are also listed on their...

Captools will do all of that with multi accounts and multi currencies. I have been using it for the last 10 years and would not want to be without it. Captools is used mostly by brokers and clearing firms but Captools also will work for individuals.

Normally Lightspeed requires you to pay for the future quotes if you do not have a futures account with Lightspeed.

This puts a ? on how safe funds are with FCMs. I may get paid no interest on my funds while the FCMs invest my money trying to make a return for the FCMs. It sure pays to know something about who is holding the funds. I like IB when it comes to the security and safety of client accounts...

Captools, but it is not cheap.

When I post a IB question or problem here on ET, I often also post the same on the IB forum. I can often get help either forum; However, think IB is a bit more sensitive to what is posted here on ET because ET is a highly read forum.

It does seem that you are not looking for help from IB. I would expect an IB client to not complain about help they receive here on ET from those that may work for IB.

For some things, posting here on ET gets the fastest and best help from IB. Most of the time I log-in to my account and open a ticket but that generally takes days to get a reply which often does not properly address the problem. I have not had any better help from other discount brokers.

This is a welcomed change from IB. While not as low cost as some of the competition, it puts IB futures commissions back in line with most of the popular futures brokers. For me, about all IB needs to add is some limited form of secure client check writing privileges to my account.

The way I read the carrying fee, it applies to the volume tiered pricing and not the flat rate pricing.

Cambist, I have been considering making use of the Managed Account Tool to be able to help trade another MBT account. When you manage an account with "MAT", can the holder of the account you manage also trade in his own account or is it only you that can trade his account?

I have not had an account with Lightspeed. I went to their web site and reviewed all information there. I also read all of the Lightspeed client reviews here on ET under "Brokers". The client reviews are for sure a big help and that is where I like to start. I also did a search here on ET for...

A cancel at 1.31 or1.32 would both meet the criteria of the condition. I have found the conditional orders to work well for me. But, there are so many ways to setup a conditional order that it may not work as planed in some cases.

You did not show all the details of your order; Therefore, my comment may not be applicable: It seems to me the cancel worked as it should have: Cancel order at less than 1.32 or equal to 1.32.

In reading the earnings reports of some online brokers, some make as much or more from the difference on the interest (if any) they pay out and receive on the cash balances in clients accounts. Some brokers receive interest from loaning out stock for shorts and not passing the received interest...

No problems with my TWS.

I export each days trades from the TWS "trades window" to a windows folder. I have to then edit the transaction code of each trade to match the codes used by my Captools software before importing the trades files into Captools. This has worked great for me for many years of using Captools.