Interactive Brokers question

Confirmed: IB does NOT charge clients the SEC fees. They are eaten within the per share fee structure.

BTW, I should also point out another hidden fee which is often overlooked - financing/margin expense. IB's finance rates are also amongst the best in the business. (currently between 2.31 and 2.36% for debit interest depending on the amount of funds in the account).
 
Quote from def:

Confirmed: IB does NOT charge clients the SEC fees. They are eaten within the per share fee structure.

BTW, I should also point out another hidden fee which is often overlooked - financing/margin expense. IB's finance rates are also amongst the best in the business. (currently between 2.31 and 2.36% for debit interest depending on the amount of funds in the account).
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That is pretty cheap for margin...are yous ure about that? I know rates are way down but that is really cheap
 
WOw...that's pretty good....How does IB make $$??? margin spreads are often oneof the best sources for revenue....between your rates and this I can't believe you guys keep making $$...but kudos to IB for doing it.
 
Economies of scale and a very efficient back office. As for the fees, the founder/chairman of the company really believes in a level playing field for all market participants.
 
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