IBKR the best imo.

[poopy]

OK, enough.

I am talking about Reg-T. Not risk-based haircuts, no futures. SEC-regulated positions. IBKR will require, w/o notice, a req BEYOND the risk on various option spreads/combos. NOBODY else does this.

You cannot argue that a vertical (single maturity) call spread should debit your account for the spread width. I am not referring to LTD in some smooth-brained DITM position. FWIW, IBKR would simply blow you at at mkt at 3:45PM.

 

[wxytrader]

You're referring to expiration. That's not the issue. We're not talking last trading day and allowing something to assign on a calendar. Now wtf does a cash-secured put have to do with this conversation? Oh yeah, IBKR will add 10%.

Not talking about expiration either. They don't care about expiration.. risk is measured real time. If they cared only at expiration then they wouldn't have a problem with my cash secured put would they? I don't know why brokers do it this way. It doesn't make sense to me either but it's their money. All they need to do is factor in maximum risk and reduce buying power accordingly.

 

[poopy]

Not talking about expiration either. They don't care about expiration.. risk is measured real time. If they cared only at expiration then they wouldn't have a problem with my cash secured put would they? I don't know why they do it this way. It doesn't make sense to me either but it's their money.

omg, stfu.

Risk is measured in real time? So a June SPX 30-wide call vertical, OTM, requires $3,000 in req? Just fcking stop.

 

[toon]

Ok lets forget about the accounting practices, name me one broker that has better charting than IBKR (trading view).

IBKR's TWS is the worst charting platform I have ever had.

 

[wxytrader]

IBKR's TWS is the worst charting platform I have ever had.

I'm talking about the desktop portal that has trading view charts. TWS and TOS I wouldn't even bother trying to chart with.

 

[SunTrader]

IBKR's TWS is the worst charting platform I have ever had.

And they DGAF because most traders they service use another, better outside charting platform or .... they don't use one at all.

 

[EdgeHunter]

oml. We're not talking about increasing the degen-intraday req on futures. We're talking arbitrarily increasing debit req on defined risk option positions. Literally requiring more than the risk on the spread and > RegT on others.

I am with IBKR... and I have heard and read they have done this shit to many users even large traders... But I thought (?) they were sued over this and lost... and modified pulling this crap... But...

are they still playing these games??... I watch my SMA like a hawk...

... Edgey

 

[poopy]

I am with IBKR... and I have heard and read they have done this shit to many users even large traders... But I thought (?) they were sued over this and lost... and modified pulling this crap... But...

are they still playing these games??... I watch my SMA like a hawk...

... Edgey

I had to go to arbitration to get reimbursed for something so blatantly obvious. I went back to IBKR in 2018 as I needed the F&F platform, but it's not worth it and I wired out in 2021. I didn't have any problems with haircut but repeated loss of connection to TWS (Gb broadband).

 

[EdgeHunter]

And they DGAF because most traders they service use another, better outside charting platform or .... they don't use one at all.

Agreed... I execute orders on IB classic... I like its spreadsheet format... But I use TOS to Chart... anything but TWS charts... they are Garbo...

I have said... LIVE on the phone to some of the good IB support reps.. that the CTO, CIO, and COO should all be fired... They, all down the complete developer chain, are incompetent at Software & Database & API Dev as well as orderly help files, chat bot, email help... Phone sup is good...

For gawd sakes... It's a Multi Billion dollar Brokerage and yet they do not understand the info design cycle nor the importance of hiring anyone that does. IB makes huge coin of course... but that does not forgive the CEO's usability incompetence.

 

[EdgeHunter]

I had to go to arbitration to get reimbursed for something so blatantly obvious. I went back to IBKR in 2018 as I needed the F&F platform, but it's not worth it and I wired out in 2021. I didn't have any problems with haircut but repeated loss of connection to TWS (Gb broadband).

Who are you with now... ?