Here are some calculations and charts for comparing Tiered vs Fixed for IBKR Pro. The difference isn't going to make or break your career as a retail day trader as far as I can tell, but I'd like to know more if anyone uses Fixed pricing. Is it really just $0.005/share + SEC + FINRA? Also, for you guys with IBKR Pro Tiered accounts, what is your average ECN fee? Is $0.0025/share a good average over the course of a month? Tiered Vs Fixed (low volume): Tiered Vs Fixed, Medium Volume (300K-3M)

I am getting set up with DAS TRADER PRO + INTERACTIVE BROKERS (IBKR) PRO Here's info that may be useful to somebody that is getting started. Step 1: Need to get set up with an IBKR PRO account to link das trader to it www1.interactivebrokers.com/lib/cstools/chat?q=faq://pageId=60344976&referrer=copiedLink Step 2: Follow this link to get set up with DAS TRADER PRO https://bearbulltraders.com/request-special-das-package-for-ib-traders/ IBKR setup was pretty straightforward to follow. IB - TIERED VS FIXED PRICING After the setup, from the IBKR web site, I changed the Account settings | pricing plan to TIERED (from fixed) IBKR Pricing Plan: IBKR Pro; Stocks: Tiered This forum has plenty of information as to why TIERED is better for volume day traders. IB - FUNDING ACCOUNT IBKR gives you all the instructions to fund your account. I set up ACH overnight ($10 per transaction) from my Bank of America account to transfer funds to IBKR. DAS - SET UP As part of signing up for DAS, there was a webpage form that DAS presented to me - this is complicated. I had to download a form from that web page and fill it in with my IB account number etc, sign it, scan it and attach it. Also had to attach a jpeg of an ID (drivers lic). After you submit this, it takes about 48 hours for DAS to connect to IB account. I screwed up this process of uploading the form and the ID - had to do this again - DAS support chat was VERY helpful in helping with this issue. I was able to use the SIM part of the DAS account, right after the sign up.