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 Interactive Brokers (IBKR), IBKR users, welcome!

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puremage111
post Apr 4 2022, 03:54 PM

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235 posts

Joined: Oct 2012
Is it easy to open an IBKR account?

And what documents do they need? Can i use my IC for it?
puremage111
post Apr 8 2022, 12:58 PM

Getting Started
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Junior Member
235 posts

Joined: Oct 2012
For people who had use IBKR and/or Tiger broker, can anyone point out the main pros/cons of IBKR Vs Tiger broker?

As i am currently using Tiger Broker, i am thinking should i move to IBKR (TSG since my deposit is <$100,000) or should i just stay

Thanks
puremage111
post Apr 8 2022, 02:19 PM

Getting Started
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Junior Member
235 posts

Joined: Oct 2012
QUOTE(Ramjade @ Apr 8 2022, 02:34 PM)
Just convert to ibkr from tsg.

Tiger uses ibkr as their backbone.
Ibkr commission, Forex rate, margin rate (if you are using margin) way cheaper than tiger.

Tiger have free real time data while ibkr needs to pay for it. I think usd4.50/month?
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Thanks for the input
Didn't know that tiger uses ibkr as backbone

There's so many brokers available now compare to years ago where people only had a few selection 🥳

 

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