Thinking of moving an IRA from IB to Firstrade

[SoCalOptionsWriter]

This account just writes far OTM credit spreads or iron condors on ES 0DTE and has performed adequately for my needs. But the commissions to IB are quite generous. (Your welcome, IB.) So, considering this is an IRA, and margin doesn't matter, and I tend to be flat EOD, so no benefit of trading futures in the overnight market, if necessary, is there any reason to keep this account at IB versus moving to FT, where I could trade SPY spreads the same way for $0 commission?

 

[ZBZB]

What do you do if the spread goes in the money?

 

[SoCalOptionsWriter]

The usual repairs, roll, take a quick loss, etc.

 

[yabz]

I have accounts at both IB and FT. The support at FT is non-existent. That is my main complaint.

 

[mervyn]

Not sure FT has options on futures, only few do offer, even Fidelity doesn’t offer that. Second the average retirement account doesn’t allow sophisticated trades.