RE: [amibroker] Offline question - What is the experience of using IB

["Rick Parsons" <RickParsons@xxxxxxxxxxxxxxx>]

<FONT color=#000080 
size=2>Kk,
<FONT color=#000080 
size=2> 
IB's 1 cent 
per share commission for under 500 shares, 1/2 cent over 500 shares, can't be 
beat for small trades.  However when one gets up to 3000 shares and over, 
then the commissions are not longer competitive.
<FONT color=#000080 
size=2> 
Execution is 
fast.
<FONT color=#000080 
size=2> 
I do not think 
their execution software can do what you state in item 3.  For item #3, 
look at Tradestation Securities...I believe their charting program could be 
programmed to executed trades based on price.  But you need to ask 
Tradestation users to confirm.
 
<FONT face="Vladimir Script" color=#000080 
size=5>Rick

  <FONT face=Tahoma 
  size=2>-----Original Message-----From: kk2628 
  [mailto:kk2628@xxxxxxxxxxxxxxxx]Sent: Thursday, May 29, 2003 10:23 
  PMTo: amibroker@xxxxxxxxxxxxxxxSubject: [amibroker] 
  Offline question - What is the experience of using IB
  Hi,
   
  Appreciate someone can share with me the 
  experience using Interactive Brokers. Or someone can recommend me a broker can 
  meet my minimum requirements :
   
  1. Relatively low commission rate for small trade 
  (around USD 1000 per trade).
  2. Fast execution.
  3. Can use logic to put in order e.g. Buy if the 
  price goes up to 1.00 and close the position is the price drop below 0.80 kind 
  of orders. 
   
  Preferred if the broker can allow international 
  trades, Futures, and Commodities.
   
   
  Thanks
  KK Send 
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