IBKR - Interactive Brokers

[muscleman]

Update:
I start to think if my poorer execution in IBKR may be related to the size of the order. I have a small IRA in Fido and even smaller HSA account in TD. My individual account is in IBKR. When the order size is bigger, it may cause more market gyrations. I moved my individual account to TD and experienced a worse execution than my IRA and HSA account today.

I'll keep you guys posted.

[Gregmal]

Down big today, started a tiny position a minute before the close.

[muscleman]

Down big today, started a tiny position a minute before the close.

I think TD, IBKR etc. are all facing stiff competition from Robinhood and other 0 commission brokers.

[rb]

Down big today, started a tiny position a minute before the close.

I think TD, IBKR etc. are all facing stiff competition from Robinhood and other 0 commission brokers.

If you're not paying for the product then you are the product.

[Gregmal]

IBKR is already so much cheaper than the "real" competitors that the grind to the bottom doesn't impact them nearly as much as everyone else. I don't know of any pros who use Robinhood.

From there, we can then get into which services are superior, which is another advantage of IBKR

[KCLarkin]

I think TD, IBKR etc. are all facing stiff competition from Robinhood and other 0 commission brokers.

IBKR is growing accounts at 26% YoY. Their growth has accelerated over the past year. There is no evidence that competition is having any impact on IBKR.

[wachtwoord]

Down big today, started a tiny position a minute before the close.

I think TD, IBKR etc. are all facing stiff competition from Robinhood and other 0 commission brokers.

Isn"t Robinhood just derivate trading? You don't own actual securities.

[The Investor]

I noticed some discussion of fills through IB compared to elsewhere.
Anyone here use IB's Adaptive algo?
https://www.interactivebrokers.co.uk/en/index.php?f=19091#
What do you think of it?

[LongTermView]

https://www.bloomberg.com/news/articles/2018-10-15/robinhood-gets-almost-half-its-revenue-in-controversial-bargain-with-high-speed-traders

[LightWhale]

I think TD, IBKR etc. are all facing stiff competition from Robinhood and other 0 commission brokers.

If you're not paying for the product then you are the product.

Spot on
https://www.bloomberg.com/news/articles/2018-10-15/robinhood-gets-almost-half-its-revenue-in-controversial-bargain-with-high-speed-traders?cmpid=BBD101618_BIZ&utm_medium=email&utm_source=newsletter&utm_term=181016&utm_campaign=bloombergdaily