thats true actuially i think $1.66 per 100 shares so you're righht. but on a 30-70 bucks stock its nice not having anny min yes 200 shares og goog with ib is huge with no $3.32 sec fee. i just don't like ib's platform for fast moving stocks. its cumbersome as hell
A ton of firms, both retail and prop. I'm not naming names--lest I be accused of promoting. But feel free to IM me for some.
For a small-time trader doing 1000 shares a day it may not hit home, but for a guy doing volume in small lots, IB's minimum is like pouring a bottle of Hennessy Nostalgie de Bagnolet down the toilet each month.
The last time i checked with Gensis they said they dont have software fess only desk fess $250 if you want to trade at their location
have they changed it or what - ???