to me using ibkr feel like using dos base, tos is like using window gui
InterfaceInteractive broker have one of the worst interface (TWS desktop). It's not user friendly and is for traders. But a bit of learning and you are good to go.
CostTD is commision free but that's where the cheapest stop.
They charge you USD25/withdrawal.
Higher margin rate Vs Interactive broker
Their foreign currency is not real time. I believed they mark up slightly.
If you are using pure interactive broker it cost only usd0.35/transaction.
One free withdrawal a month.
Real time, real rates without markup.
Cheapest margin rates on the market at 1.59%p.a
Market accessTD is only for US market
Interactive broker is truly global. US, Canada, South America, UK, Europe, HK, JP, SG, AU. You name it.
Application speedTD takes like 6 months
Interactive broker 1-3 days to get your account up and running.
Fractional sharesTD does not have fractional shares.
Interactive broker have fractional shares if you are using pure interactive broker.
Thanks guys. I use TWS desktop often so I think they are quite ok for me lol. I have not fully explored all the functions, but I like the charts functions which allow me to do technical analysis on deciding when to buy (for long term). I have used it to buy Parkway LIFE when it was around 3.83 last year, now at 4.1x, that's a 7-8% return in some 2-3 months time, not bad for a decent REIT.