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Interactive Brokers - is it that simple?

Discussion in 'Stock Market Nuts and Bolts' started by KD2560, Feb 2, 2020.

  1. KD2560

    KD2560

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    Ive apparently had my head in the sand for the past two years. I have an Aust margin lend account charging me 6ish%. Interactive brokers according to their web site will charge me 2.36%. Is it that easy to switch over - have i missed something ?
     
  2. tech/a

    tech/a No Ordinary Duck

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    No margin on Australian domestic accounts
     
    fergee likes this.
  3. KD2560

    KD2560

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    Company applicant with sole director being "sophisticated investor" approved for margin account in 8 days.
    Now all I have to do is master this platform - a bit daunting - makes CMC look a little basic.
     
    tech/a likes this.
  4. cutz

    cutz

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    Well done,

    I'm sure you'll be extremely pleased with TWS.

    Regards.
     
  5. tech/a

    tech/a No Ordinary Duck

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    It’s a great platform
    Still finding things I never knew it had
    I must spend a few hrs going through their tutorials.

    it’s powerful and what you need in this day and age

     
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