this is an email I received from IB:
"This is the second notice being sent as a result of excessive order activity being submitted by your account XXXXXX. As noted in our original communication, IBKR routinely monitors the level of order activity relative to orders executed and prohibits...
do not agree. i guess brokers firm like IB would not have interests. but employees at the firm may have interests stealing the strategy, since if he can make money from market, it is much more than his salary.
It is not 3%, it is 30% of my revenue since I am day trader. i am better off in this high volatility environment, but during 2019 with volatility around 10, i made a little less than 1 cent per share.
then why does not IB provide 0 commission for API users? in that way, we can stay with IB more closely and do not need to move capital out to other brokers.
one of the concerns i have with mt4 is that even if I use multiple accounts, the people working at mt4 can see all my trade records.
besides, which brokers does mt4 support?