Interactive Brokers Interactive Brokers

Interactive Brokers

i have been through many online brokers and i liked interactive brokers because they had lower margin costs. well, that’s being penny wise and pound foolish.

first, i had a problem where they liquidated parts of my account because i crossed a threshold. i realized that this was my mistake for overbuying, but i felt i should have been given more warning than 10 minutes. either way, i chalked this up as my mistake and made sure that my account had a signfication SMA cushion. that was six months ago.

Tags: , Brokers, Interactive Brokers, Personal Finance