Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > Other Topics > The Stock Market
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #1  
Old 10-17-2005, 11:50 AM
Packerfan1 Packerfan1 is offline
Senior Member
 
Join Date: Sep 2002
Location: WI
Posts: 157
Default Anyone use Interactivebrokers or MBtrading?

Hi all:

Looking to start doing some swing trading soon and was wondering if anyone here uses either Interactivebrokers.com or MBtrading.com for similar activity.

I recently opened a Scottrade account but since I"m only starting with about $10K (20K w margin) I'm concerned about the ability to make any early headway at $7/trade when I'm looking for 2-3% profit taking on each transaction.

Obviously paying $1 per side vs $7 per side would be great but it doesnt help if IB or MB is unreliable/bad quotes & fills/ etc.

Anyone have any experience/advice? Thanks. I might post my experiences once I get started for those here who are interested.

Pack
Reply With Quote
  #2  
Old 10-17-2005, 01:01 PM
Sniper Sniper is offline
Senior Member
 
Join Date: Jun 2005
Posts: 704
Default Re: Anyone use Interactivebrokers or MBtrading?

Interactivebrokers has a good reputation, you just shouldn't expect much from their customer support. It is designed for knowledgable traders, in need of little hand holding.
Reply With Quote
  #3  
Old 10-18-2005, 12:46 AM
alekhine8 alekhine8 is offline
Member
 
Join Date: Aug 2003
Location: Tampa, FL
Posts: 89
Default Re: Anyone use Interactivebrokers or MBtrading?

I use MB - my only issue is that I can not access it at work due to a firewall. I can, however, view quotes and stuff with the software, just not trade.

IB has web trading features so you can avoid this problem, if you are in a similar situation.

Other than this, I've read they're pretty similar. Although MB won't direct deposit back to your bank - will only write you checks.

(I should move to IB?)
Reply With Quote
  #4  
Old 10-19-2005, 08:35 AM
Tzak Tzak is offline
Junior Member
 
Join Date: Jan 2005
Posts: 9
Default Re: Anyone use Interactivebrokers or MBtrading?

Empire's not listed as a shortable stock on interactive.Did anyone short it on interactive?Tzak.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 08:25 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.