Cheap Broker

pacifictrader · May 23, 2006

I want a second broker to execute small trades.
I dont need any frills, but would like one with a per share pricing structure, and few (if any) exchange fees, software fees, etc.

Any Ideas?

jimrockford · May 23, 2006

Interactive Brokers.

pacifictrader · May 24, 2006

I thought they charged a fee if you didnt trade enough volume? Also, don't they charge for all the quote feeds?

ids · May 24, 2006

If you do not pay $30 a month in commissions, we will charge you $10. Find somebody else if it is unacceptable. The market data subscriptions are totally optional. You can trade without a subscription and basic US data are free.

hoodooman · May 24, 2006

IDS will your platform work with windows 98.

ids · May 24, 2006

It will. I would recommend to use 2000 or XT though. This 98 is a pain on its own.

jimrockford · May 24, 2006

Quote from hoodooman:

IDS will your platform work with windows 98.

hoodooman,

I think you are making a big mistake trying to trade with win98, no matter which broker you select.

pacifictrader · May 24, 2006

Can you elaborate on what you mean by basic US data for free? I am a professional, and from the website, it looked like just getting level 1 for NYSE, AMEX and NASDAQ would be over $200 a month.

ids · May 24, 2006

OK, it is not free if you are pro. Do not subscribe then. You still can execute orders.

ozzy · May 24, 2006

Ã½ds any chance you wÃ½ll be comÃ½ng to other european\asÃ½an countrÃ½es .... for example Turkey ..... whÃ½ch Ã½s where I am now.

ozzy