Anyone using Interactive Brokers Fixed commissions?

[Anyone using Interactive Brokers Fixed commissions?]

but tiered can go down to  $0.0005 depending on your monthly volume,

 

VOLUME (PER MONTH) 2, 7, 8	IB COMMISSION PER SHARE
	US STOCKS, ETFS, ETPS AND WARRANTS	MINIMUM PER ORDER	MAXIMUM PER ORDER
<= 300,000 Shares	USD 0.0035	USD 0.35	1.0% of trade value
300,001 - 3,000,000 Shares	USD 0.002	USD 0.35	1.0% of trade value
3,000,001 - 20,000,000 Shares	USD 0.0015	USD 0.35	1.0% of trade value
20,000,001 - 100,000,000 Shares	USD 0.001	USD 0.35	1.0% of trade value
> 100,000,000 Shares	USD 0.0005	USD 0.35	1.0% of trade value

[TWS API Python help needed]

On 7/23/2020 at 11:08 AM, Paul aka Aurbano said:

hi @maesterfitch

from what I know, IB does not provide tick-by-tick data ... never .... ever ... not even for their own TWS platform ....

they use a technology called snapshots and they provide 5s updates on the most updated charts and T&S so there is no way to get tick-by-tick from their API.

Also, go to the documentation,  your API queries will be queue if they are above the limitation meaning, that you can only do a certain amount of queries every 15 seconds.

Hope I helped u with some information

Hi, it looks like IB has tick data available, but you can only subscribe to a few instruments simultaneously. 

https://interactivebrokers.github.io/tws-api/tick_data.html

https://ib-insync.readthedocs.io/api.html?highlight=tick#ib_insync.ib.IB.reqTickByTickData

 

[Hotkeys stopped working from demo to IB in DAS]

I think for market orders you have to use 

ROUTE=SMRTM

and for Limit orders

ROUTE=SMRTL