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General Information |
| Brokerage name: Interactive Brokers
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| Minimum account size: $1000-$2000
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| Base commission rates: < $4
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Brief explanation of margin rates, if applicable:
N/A
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| This brokerage has been in business for: 20-25 years
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| Primary type of broker: Instant order execution-Stocks
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Brief description of services offered:
IB executes stocks, options and futures orders on 45 market centers in 14 countries. Our direct access technology provides high-speed, low cost executions and is built by trading professionals for trading professionals. Customers may use our intelligent Best Execution software or direct thier orders to the market of thier choice.
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Account Information
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Types of trading accounts offered:
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| Customers online account information is updated: Up to the minute
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Types of trades offerered:
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| Other trade types: N/A
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Types of quotes offered to customers:
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Execution methods offered:
| Electronic direct access trading(SOES, SNET and the ISLD ECN)
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Online Broker(trade desk)
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Broker
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Exchanges covered:
| American Stock Exchange (AMEX)
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Amsterdam Stock Exchange
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CBOE-Chicago Board Options Exchange
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CBOT-Chicago Board of Trade
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| CME-Chicago Mercantile Exchange
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Hong Kong Stock Exchange
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LIFFE-London International Financial Futures Exchange
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MATIF-France's Futures & Options Exchange
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| MEFF-Spain's Futures & Options Exchange
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NASDAQ
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New York Stock Exchange (NYSE)
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NYMEX & COMEX-New York Mercantile Exchange
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| Oslo Stock Exchange
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Pacific Exchange
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Philadelphia Stock Exchange
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Stockholm Stock Exchange
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| Swiss Stock Exchange (SWX)
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| Setup or initial costs to set up an account: 0
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Features
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Types of services offered to customers:
| Allow naked option writing
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Ways customers can access their trading account:
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| Allow stop, limit, and stop limit orders? Yes
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| Charge extra for stop, limit, and stop limit orders: No
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| Offer 24 hour customer support: Yes
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| Offer tax planning advice: No
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Additional Comments
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Special features included in the service are:
N/A
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This broker's service is better than the competition in these areas:
Commissions Global access
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Types of security precautions taken for customers:
Passwords Usernames Hints Firewalls Authorization server
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Communications during systems failures has been assured through:
Redundancy and testing
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The major plans for upgrading the current level of trading service are as follows:
N/A
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