Author Topic: IBKR Lite v. IBKR Pro  (Read 876 times)

fishwithwings

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IBKR Lite v. IBKR Pro
« on: February 13, 2020, 12:43:16 PM »
Anyone have any thoughts on the two options offered by Interactive Brokers?  Which one did you choose and why?
Thanks!


scorpioncapital

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Re: IBKR Lite v. IBKR Pro
« Reply #1 on: February 13, 2020, 02:30:19 PM »
Depends on the size of your account but I see little advantage to lite for me. Pro I pay 35 cents commission (vs zero for lite) but lite does not give you best execution , using market makers. So for 35 cents a trade it's not worth it. Also , do you plan to borrow ? If so , again pro is better deal.

muscleman

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Re: IBKR Lite v. IBKR Pro
« Reply #2 on: February 13, 2020, 03:00:27 PM »
Has anyone compared  the quality of execution of IBKR Lite vs TD AM and other 0 commission brokers?
I'd be very curious about that.
I am muslceman. I have more muscle than brain!