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Matthias

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  1. I am so happy to hear you say that Peter. Thanks.
  2. This is what I found. This is tiered for Europe it looks like.
  3. Hi again PeterB and others! I haven't looked into the commission structure because of being in SIM only recently. But I am getting closer to going LIVE and looked properly into the commissions. Are the commissions really 0.05% of total trade value? For example if someone buys 50 shares of AAPL at $150 per share. IBKR (UK) - 50*$150=$7500 -- Which 0.05% off is $3.75 IBKR (US) - 50 shares * $0.0035=$0.175 -- So it doesn't even get up to the minimum, which is $0.35 per order. Are we paying $3.75 for this order, while people in the US are paying $0.35 for it? Or am I completely misunderstanding the commission structure?
  4. Hi all! I have been trading in SIM for a few months. However, I will be transitioning to Live trading soon. I have a funded IBKR account and I am looking into the commission fees. Do we have to pay a 0,05% commission of the trade value? Can we not pay by the number of shares we take like in the U.S? For example if someone buys 50 shares of AAPL at $150 per share. IBKR (UK) - 50*$150=$7500 -- Which 0.05% off is $3.75 IBKR (US) - 50 shares * $0.0035=$0.175 -- So it doesn't even get up to the minimum, which is $0.35 per order. Are we paying $3.75 for this order, while people in the US are paying $0.35 for it? Or am I completely misunderstanding the commission structure?
  5. Thank you Peter! Will go ahead and fund the account then.
  6. I am from Iceland and I recently opened up an account with IB but have yet to fund it. I noticed that because I am from Europe, my margin will be "risk-based". It will be calculated based on the diversification of my portfolio. Since I only plan on depositing $5,000 to start with, I really need to get at least 1:3 margin to be able to day trade properly. Is there anyone here with IB and has this "risk-based" margin model? Are you getting any margin with your day trading account? All the best, Matthias
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