Kospi Option Commission~ Please kindly advise

T

traderaaaa

hi all,

What broker can i use besides IB and hyundai future ?

IB is charging 0.2% commission of the option value . It is so expensive.

thanks
 
Quote from traderaaaa:

hi all,

What broker can i use besides IB and hyundai future ?

IB is charging 0.2% commission of the option value . It is so expensive.

thanks
More...

What kind of size do you think you'll be trading?

Given the value each contract is so small and the average price for the most active is < .50 KRW, that comes out to < 1 penny per contract.
 
hi def,

I am trading at least 9000 contracts per day. 0.2% commission is too expensive for me though i am still using IB's TWS.

I heard that many brokers offer less than 0.8% commission with no minimum.

Is that possible for IB to reduce the commission ?
I will still prefer using IB if the commission is just a bit higher than the other brokers as i can use the TWS and don't have to write a new api.

thanks
 
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