Well, I didn't even really know that they were acting as an introducing broker, IB and def told me so. Just google for C2 Gateway and you will find almost nothing. I never saw or signed a list of fees and commission. And they did not give me the choice to use Interactive Brokers directly.
I do...
Kudos to IB and def for helping to resolve this mystery.
IB did NOT raise their commissions!
Fact is that a company called C2 Gateway acts as an introducing broker and taking 60 cents per MES trade, which is just ridiculous.
I found something strange:
I have two accounts, A for my trading, B for collective2 autotrading.
When I create an MES order on A and do not transmit but instead 'Check margin impact' the commission is $0.47. When I do the same on account B the commission is $1.07 ??
Did i say, that I've got a reply or explanations from IB already? The problem with IB is that their customer service is very slow and you have to wait days to get an answer.
And yes, please leave me alone cause i can't bear your brilliant mind anymore.
IB is now my broker for 10 years, so I think I have a clue.
On Friday they charged $0.25/contract for execution and clearing today they charged $0.85/contract / (Flex statement). And yes it was the same small MES.
And please stop posting in this thread if you do not have any constructive answers.
On Friday June 5th I paid $1.41 to buy 3 MES contracts, that is $0.47/contract.
Today June 8th, I paid $5.35 to buy 5 contracts that is $1,07/contract (!!).
A raise in commission of about 127% !!
Is there anyone else out there who has experienced this ?
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