Hey folks..
Just a few questions that I have regarding IB accounts.
I have been an active trader for the past few years and I have stopped trading for the past six months and will not trade again probably for another six months to 1 year.
I do know that I will be charged a data fee of 10.00 per month because of no commissions
generated.
1. How much is the account insured upto ? (just having cash)
2. What is the current interest rate ?
3. Would you recommend using it as a type of savings account while not trading ?
Thanks in advance for you help
Victor
Just a few questions that I have regarding IB accounts.
I have been an active trader for the past few years and I have stopped trading for the past six months and will not trade again probably for another six months to 1 year.
I do know that I will be charged a data fee of 10.00 per month because of no commissions
generated.
1. How much is the account insured upto ? (just having cash)
2. What is the current interest rate ?
3. Would you recommend using it as a type of savings account while not trading ?
Thanks in advance for you help
Victor