MBTrading way overcharging margin interest

Quote from MBT-Steve:

tradingbug,

Penson is reviewing all the accounts from that particular day. Once they do MBT will cross reference those same accounts for accuracy to make sure no one else was overcharged margin interest.

Regards,

Steve

Thankyou very much.
 
*sigh*, this is still a problem. I don't want the hassle of asking for a refund all the time (last time it took a month of back and forth). Just going to use IB as primary broker.
 
Quote from kubilai:

*sigh*, this is still a problem. I don't want the hassle of asking for a refund all the time (last time it took a month of back and forth). Just going to use IB as primary broker.

IB has some weird interest charges too. They apply different interest rates for different tiers of money. :(
 
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