Написано
Igor | Fri, Dec 1 at 03:28am:
В ответ на:
Re: Customer Agreement Interactive Brokers posted by Петrович on Thu, Nov 30 at 06:02am:
By the way, they are subsidiary of marketmaker Timber Hill Group -see SFC article http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=14829509.Is that why comissions are low?
In any case I don't know their business model. I don't know how much money they make and on what. Do they trade against their clients? I don't think there is any real proof of that. I don't know if 10% or 90% of their clients lose money. Are people likely to lose more money day-trading? I guess so. But if they provide good service is what matters to me.
I believe comissions could be low, and we'll see comissions to go down across the board eventually.
Btw, day trading firms ( like All-Tech ) are really srary thing. But I think they charge much more.