How is Interactive Brokers Cheaper?

Quote from kiwi_trader:

This is BPTrader. Do you really think he knows anything about anything here?




From Newbie to expert in all things important less than 1 year. Sure.

Yes, I repeat. BPTrader, you are presented with the "Fuckwit of the Week" award. Merry Xmas.


I had to put BPTrader on ignore long time ago. For some reason his posts have a way of getting under my skin. Even reading his quotes when people reply to him annoys me. What a tool!
 
Quote from Trvlwanderer:

The OPs obvious agenda was to bash IB comission rates.

His name relates to futures.

He does not understand ECN rebates and will not listen to the IB rep.

Why are you dogging on the subject when you could just read the comission schedule and move along?

Because you have an agenda.

:cool:
 
Quote from Humpy:

Free trade ???????

Not if it doesn't suit USA authorities/business hoods

Take the example of on-line poker.
It's obvious US casinos are desperate to keep poker players in their vast investment casinos and have bribed Congress to outlaw on-line playing.

Playing from the comfort of home beats dragging all the way to an expensive hotel in a desert imho and only a noob would play roulette with a double zero

double standards rule OK

:eek:

since u didn't reply to the issue of the additional expenses when executing with a spread broker the statement stands that u have never dealt with a spread broker or there is the possibility that u are ignorant of the existence of spreads in connection with this type of transaction. spread brokers are good way to the poor house and are illegal in the US.
in either case not a good show.
 
Quote from mindtrade:



For some reason his posts have a way of getting under my skin.


That indicates you are not very smart.

I predict that YOU WILL FAIL in trading.

Read the above sentence in 10 years and you will realize I am right.
 
Yes, I remember Datek. I was a customer of Datek. Wish they were still around....




Quote from traderum:

Datek was a good broker (anyone remember them? :-)
They didn't trade against their own customers, they only provided a direct access to the markets with cheap commissions.
Then Ameritrade bought them and things got bad.
Then Ameritrade was bought by TD and things got worse.
Dunno how the situation is for the last 2 years though.
 
If you're making trades of hundreds of thousands of dollars each, commission should be the least of your criteria. Look at the broker's customer service. If your order gets stuck, do you want to wait 30 minutes for a rep to pick up the phone?
 
Quote from loufah:

If you're making trades of hundreds of thousands of dollars each, commission should be the least of your criteria. Look at the broker's customer service. If your order gets stuck, do you want to wait 30 minutes for a rep to pick up the phone?

Good luck injecting facts into the OP's rant and whining.
 
Quote from loufah:

If you're making trades of hundreds of thousands of dollars each, commission should be the least of your criteria. Look at the broker's customer service. If your order gets stuck, do you want to wait 30 minutes for a rep to pick up the phone?

OP was comparing the commission rates of brokers, not execution.

If I go to a subdivision and try to buy a house, I will start by comparing the prices of a few houses. I will tell the seller of one house that his price is higher than that of another house. If the seller disagrees with me by telling me that his house has a blue-color chimney, he is not going to sell his house to me, because he is totally off the point of discussion=price.

Again, OP was comparing the commission rates, not how many local offices the broker has in your metropolitan area.

If you idiots don't even have the mental capability of staying on the point of discussion, I guess there is no chance you idiots will make money in the market.

I don't know you posters, but I assume you are idiots until proven otherwise.
 
Quote from BPtrader:

I don't know you posters, but I assume you are idiots until proven otherwise.


And you are the rare exception where assumptions are totally unnecessary.
 
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