United States
FIXED MINIMUM PER ORDER MAXIMUM PER ORDER

No Transaction Fee ETFs USD 0.00 USD 0.00

USD 0.005 per share USD 1.00 1.0% of trade value 1, 7

Example

100 Shares @ USD 25 Share Price = USD 1.00
1,000 Shares @ USD 25 Share Price = USD 5.00
1,000 Shares @ USD 0.25 Share Price = USD 2.50

formats fucked up

https://www.interactivebrokers.ca/en...5251&p=stocks1
most of the time you'll be paying 1 dollar. duno what the other fees are but its cheap lol.

large trader is... large. that's just the fixed. u can try to get tiered pricing but the minimum is pretty big, i think 300k shares traded a month.

ETF is free on IB too lol.

there's literally no reason not to use IB.

actually there is... if youre a hardcore combination options strategies trader. their margins are worse and u don't get the full margin cancellation if your options are covered by opposing options lol.

Do you hedge your options with opposite positions? ie. buying calls and puts and the same time? I'd trade options but I feel safer trading stocks as I have limited capital and less risk (especially if I can long hold if my shorts aren't going up short term while options can potentially expire)

Good job you ballsy man

I think when I first opened a brokerage I didn't meet the $10k USD minimum to waive the maintenance fee when I was 19. Even now I feel like IB wouldn't meet my needs since their Commission Free ETFS don't include Vanguard.

However, I feel like everyone actively
trading stocks should be on IB to reduce fees.

I'm not if I want to hedge I would buy bear etfs to reduce exposure since it's cheaper commission than options

only 2k minimum now.

just dont let it turn around on you!

yea i'll be on the lookout and if it tanks i'll just try to maximize profit and sell asap. on friday though it went up another $150/share lol. it's insane

So IB is good for small order and bad for large orders right? They can charge up to 1%.

Here's an interesting video re: Tesla.

The current stock price seems to be insane considering current results but if you're speculating and going long you might make a ton of money.

https://wccftech.com/tesla-overbough...d-loses-value/



there no dip yet..Ooh.

What a face ripper lol

sold most of my stocks except tesla lmao. i'm expecting a big crash in the next week or two...maybe even days?

covid cases in the states are going up and businesses will for sure shut down.

any minute now

That was some swing EOD. I've been cash gang ever since 2/3 indexes hit ATHs and SPY fkn hit 323 today like :fulloffuck:

Honestly, I don't think we gonna have a major crash like in March. Maybe a small correction here and there but the overall market I think is trending up.

I still suggest having available cash to buy in. I'm currently 50% cash and might be moving to 40% cash in the next couple weeks.

I'm going to wait to see how the market reacts to this week's earnings. Lots of major companies are reporting.

I've just reduced my equity exposure to 50% from 90%.

Currently my portfolio mix for my TFSA is:
50% equities:
15% WEED (APHA and GTII)
25% CAD banks (RBC, NA)
15% CAD energy (ENB)
45% US Tech (MSFT, AAPL, FB, GOOGL)

50% cash


I sold all of my TSLA. Probably the dumbest move I'll do, but let's see what happens. Betting on a correction coming soon, let's see if it comes.

So much doom and gloom out there. I dunno what's going to happen, but figured I'm happy with only 50% in the market right now. Oh well. Let's see how it goes.

MY TFSA mix is different than my RRSP mix. My RRSP mix is 75% Equities 25% cash. I'm less active in my RRSP. That's just there for the long future, so I'm not too active in my RRSP

are there any What's app group for canadian stocks?

Which stocks do you buy and sell now?

If you're going to follow a whatsapp group. Might as well follow /r/wsb ��

Does anyone know how to invest in the Hong Kong stock exchange? Will there be extra fees and what not?

IB should offer multi market trading.

And tsla ripping for another day.

I ain’t complaining though. :fuckyea:

^ I wonder if TSLA will ever have a red day leading up to Aug 31st. I can see even more average joes going straight to Tesla after the split as it appears to be more affordable