Is there a way to see 5 second bars for 2 hours+ timelines with IB? I never could find a way and have to rely on 3rd party charts.
Opinions and Experiences with Hedging and Martingale 89 replies
Experiences with my brokers on updating my email address 16 replies
Any brokers bigger than Interactive Brokers? 5 replies
experience with ACM broker, EFX and Interactive Brokers 3 replies
Interactive Brokers and Metatrader 0 replies
DislikedIt appears that IBs platform takes a long time to master. It's a new skill all in itself. The question is if the benefit of mastering the platform pays for the considerable amount of time lost? Does it have so many functions that it definitely gives the trader an edge over others with simpler platforms?Ignored
DislikedI can second that on not wanting to upgrade. For me it's mostly just a matter of keeping a stable version. I'm sure that most (if not all) of the upgrades are fine but I like to keep what is working.
Their software is cumbersome, customer service poor, but the quotes and executions are split second and very reliable.
This is a rock solid broker, perhaps second to none in the discount industry. They're not one of the fly by night forex bucketshops. Their subsidiary, Timber Hill, is a huge market maker. IB will stick around while others go under....Ignored
DislikedTheir charts suck worse than their customer service. Take the time to learn their platform and put everything just like you want it, and they send a little update and you are screwed.
I love to write call options against FX positions for a ton of reasons. Yes you can portfolio margin your account meaning that you can open an FX position and write a call against it. While you cannot own the underlying of CBOE or ISE FX options, you can still own a FX position that will protect you when you sell a call.
Range of available markets and their...Ignored
Dislikedi was just on the phone with interactive brokers and they told me they charge a half a cent per share straight up no deals. i told the guy on the phone that those priced were crazy and instead of buying 10,000 shares of a stock through them which would cost me $100, i could buy the shares through etrade for $7.99. he then explained to me that there has been studies that say that ib was cheaper than every other broker in the long term because when there orders execute they dont have to go through a middle man and the orders save me money because...Ignored
DislikedI only trade FX but it's great to know I can update my feeds and trade options futures form any exchange worldwide. Trading FX with IB has been a wonderful experience, Book trader is the best this out there IMO, I love it.
I trade 80 - 100k lots min com not an issue spreads execution are fantastic. I love the order presets all my currencies are set up the way I want. I am a 1min scalper and this broker is the only one I have found that accommodates my trading style.Ignored
DislikedYou won't receive the ECN liquidity rebate at etrade that you will at IB, that's why the big boys use them. That cuts costs when using unbundled commissions.
Nor will you get interest on your short margin at the other retail shops (pennies today, but was quite lucrative pre-ZIRP). If you're always trading 5k-10k blocks, it can be a tradeoff, I wish IB also offered a per-ticket commission like the rest, but most prefer their current model.Ignored
Dislikedthanks for your response. im a newbe to trading and a dont really understand one thing you were talking about. can you please explain what a ecn liquidity rebate is?Ignored