ofthomas - can you say a little more about the differences between IB's retail and prop sides? What do you mean by getting "costs normalized" and are there other benefits you find valuable? Thank you.Quote from ofthomas:
and lastly, if you have a decent account and possibly qualify for PM, why not switch to the PTG side and get an account rep? that will get you something that is normally not available to 99.99% of retail trades with IBKR, the possibility to ensure you get your costs normalized...
if you need a recommendation on an internal rep, PM me... I will give you the guy I use... he is just awesome... because of him I can use the front end that I want vs being stuck with TWS... and it is the same front end being used at most prop shops... even ECHO...
MKT Order Commissions - IB SMART (flat rate) vs Others
- Thread starter Iggy_Type_R
- Start date
Thank you for the PMs and replies above.
simple... not having to deal with the tiers each month, starting from 0... but rather starting from your final tier from 0... thereby, "normalizing" ones costs.. because you make them constant... in other words, if you really have the volume, not just say you have it, it can be negotiated... you normally have to show 3 months history with IB at least...
Got it, thanks. I'll keep this in mind, especially if I hit 10mils next month
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