Wednesday, October 15, 2008

Interactive Brokers

After reviewing this for some time and recommended by The Chartist I have just opened an account with Interactive brokers.  The commission on US stocks is pretty nice after trialling US trade with a CFD provider (at $15 min & 4 cents per shares its a fair rip off in comparison).

The margin at 50% should be ok, I typically keep my risk low with average cfd margin of 25% anyway.

Opened just in time to kick off 2 trades last night from Chartist, lets hope they keep going!

Dave

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