IB tiered and fixed commission fee, which one is better

yulucky

IB tiered and fixed commission fee, which one is better for $100,000 account
? thanks

xiaochong

I use fixed

yulucky

xiaochong 发表于 2016-11-4 09:48 AM
I use fixed

Why? feel like tiered is always better than fixed, because both fee per share and
min fee per order are lower than fixed structure. am I missing something?

yulucky

For example, if I only trade 100 shares, for fixed, I have to pay min $1, but for tiered, I pay $0.34. am I correct?

ysc

pdz 发表于 2016-11-4 10:14 AM
you're right. I switched to tied after paying IB fixed for 6 years. But it depends on your trading ...

what do you mean "more aggressive limit orders."? thanks.

ysc

pdz 发表于 2016-11-4 10:51 AM
For tied, adding liquidity saves the commission, removing liquidity costs more.

market or bet ...

if I place an buy order (Bid/Ask 10.01/10.05) for 10.02, which helps the liquidity, so the commission will be less?