Thread: Interactive Broker commissions

Originally Posted by ;

I believe our commissions are too large but I want to know what you are paying to negotiate with my covetous broker.
$30/mio per side USD base.

Well, on the bright side, $30/mio USD surely surpasses MBT's rate of $50/mio USD. IB beats that rate in $20/mio USD, also HotSpot FXr on GBP and pairs with their rate of $30/mio notional.

Originally Posted by ;

Well, on the bright side, $30/mio USD certainly beats MBT's rate of $50/mio USD. IB defeats that rate in $20/mio USD, and HotSpot FXr on GBP and EUR pairs with their rate of 30/mio notional.

MBT is for small account anything under 10k.

Originally Posted by ;

Well, on the bright side, $30/mio USD surely surpasses MBT's rate of $50/mio USD. IB defeats that rate at $20/mio USD, also HotSpot FXr on GBP and pairs using their rate of 30/mio notional.

Recall Trader KGB - MB provides discounted rates for quantity traders and I'll be more then pleased to talk about our scale with anyone who sees me directly at. $5/100,000 is our rate. . .but we have loads of customers paying far less then .

Originally Posted by ;

MBT is to get small account anything under 10k.

Beneath 7,5k.

With 7,5k you are able to go to Hotspot. :-)

Originally Posted by ;

Beneath 7,5k.

With 7,5k you can go to Hotspot. :--RRB-

Care to recommend a fantastic Hotspot broker w/7.5k start.

I've heard Hotspot has IB's that can pad the disperse???

Originally Posted by ;

Care to recommend a good Hotspot broker w/7.5k start.

I have heard Hotspot has IB's that will pad the spread???

So why would you head to hotspot right?

Oh, I see... so when I visit that a Hotspotfx broker its the real deal and IB's using Hotspot are called something eles.

Thanks

Originally Posted by ;

OhI see... so when I visit a Hotspotfx broker its the real deal and IB's using Hotspot are called something eles.

Thank you

Glad you got my point...

Can there be a demo account alternative with this broker? I can not appear to find it.

Originally Posted by ;

This is the URL to receive their demo account:
http://www.hotspotfx.com/demo/
I'm currently in the process of opening a API account with them at the moment. I have filled out the documents, analyzed the API, and just need to fund my account.
I'm awaiting the capital to come in from one of my other brokers to send to Hotspotfx, and then I will be trading reside. They do seem great to me personally at this point, particularly with some of the crosses. As long as I do as well on the account since I do on their presentation it'll be fantastic! Time will tell.

Besides the banks I have not found anything better... enjoy.