IBKR Fixed vs Tiered

[IBKR Fixed vs Tiered]

Thank you PeterB. I will check it out. 

 

@peterB That link was just what I needed. Thanks again for hooking me up!

[IBKR Fixed vs Tiered]

Hey BBT fam. Might be my first post in the forums. Basically I'm wondering about the IBKR Fee setup. I just went live a couple of months ago and now that I'm in the swing of my tradebook I'm looking at my commission set up. 

I am still trading small volume. 100-500 shares per trade usually. Risking $50-$100 per trade. I take around 10-20 trades per day. I am currently using fixed commission and I see that when I over trade it hits me pretty good. I'm wondering if I should switch to tiered or if tiered is for when I get to trading large volumes of shares like 1000s per trade?

Any advice is much appreciated!

Thank You,