What's wrong with IB?

Quote from FutureMann:

I still left little money to keep my IB account open. You never know I may come back someday. I poked around TWS a little for past few days. It's trading function is quite good. But it's chart seems to be lacking. Is there any charting package can be used with TWS but not costing too much? I like to have good fibonacci retracements drawing tool. prefer it will snap to day's Hi-Lo. Penny for ur thought.

Just so you don't come here next month bitching in a new thread, if you don't trade minimum commission $30 USD, they charge you $10, and if your account sits inactive, that fee doubles.
 
Quote from FutureMann:

Just update my situation to let all IB employees and IB dogs/cats here know that: All the pain I suffered for the past week is because IB compliance confused my name with someone else who has similar name. IB finally removed trading retriction on my account after finding out their mistake. But I gonna transfer money to another broker because the way I was treated from IB employees both from phone conversation and all the stupid posts here.
That's a good plan. When you blow up your account at your new broker, please let us know how IB made you do it.

Pssssst! If you wear your aluminum foil hat, it won't happen.
 
There are three good reasons why people stay with IB: COMMISSIONS, COMMISSIONS, COMMISSIONS.

$0.7 per contract is hard to beat. The best you can get from TOS is $1.25, OptionsExpress charge $12.95 for 10 contracts. So for active traders, that's huge savings. Their customer support is terrible. They don't know what they are talking about (they told me that they charge cancellation fee for spreads, but I never saw it in my account). They require double margin for double diagonals. Those are just few examples, but the savings from commissions are just unresistible.
 
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