Understanding IB's commission

[1245]

TD does not pass though ECN or option exchange fees. TD has a better trading platform for options than IB, IMO.

 

[FSU]

At TDA/TOS I would have paid this:

60*0.75+9.99 = $54.99 instead of the $98.08 at IB...

https://www.tdameritrade.com/pricing.page#Options

View attachment 165454


This I find good (TDA/TOS Asia, practically the same like the above "nickel buyback without any commission and fees"):
"Option commissions are waived when you buy to close any short individual or single leg option for $0.05 or less".

If you are trading smaller quantities of options you can ask TOS to waive the ticket charge and charge you more for each contract.