Interactive Brokers

paulchow2k · 15 August 2009

Nick Radge said:
Yes it is. I use it almost every day.
What is doesn't do is facilitate a MOC order, which is different.

thanks for the correction nick. you are correct and I should have clarified myself. I mean the data ie: Depth etc is not active.

Paul

freebird54 · 16 August 2009

yada said:
I am having some trouble trying to figure out how to obtain dividend information from IB. Does anyone know how to get the full information of dividends that are paid?
i.e. "unfranked amount", "franked amount" and "franking credit" (this would normally be mailed if using a traditional broker)

In Account Management->Tax forms, the only info provided is 'Gross in Base' and Withhold amount'.
Where do I get the other bits of info from (which I will need this for tax return.)

Any answers would be very greatly appreciated.

ditto from me

I have just signed up [what a rigmarole that was!!] and need the info we get from chess

ThingyMajiggy · 18 August 2009

does anyone use ninjatrader with IB, i know T/H does, but he has disappeared off the face of the earth, just wondering if I need to pay to execute through NT or if its just direct communication between TWS and NT.

I can see my IB feed working now in NT, i have the DOM up and its working fine, just can't execute anything, keeps saying "You must set as least one parameter"

marknz88 · 18 August 2009

The free version of NT gives you all features bar execution. If you want to execute through NT you will need to register and pay for the full version

ThingyMajiggy · 18 August 2009

marknz88 said:
The free version of NT gives you all features bar execution. If you want to execute through NT you will need to register and pay for the full version

Ahh righto, thanks

DocK · 21 August 2009

Prob stoopid question, but here goes:

I'm with Comsec atm and they charge an additional fee if a conditional order (stop loss/rising buy etc) is triggered, as well as their usual brokerage. Once you start trading a bit more ofter this soon adds up I'm considering changing to IB, but can't see on their site whether they also charge an extra fee for stop loss trigger??

If I want to set a conditional buy upon a share price rising, and set a stop loss amount and a conditional rising sell to lock profits at the same time - do I only pay comms on the purchase and sale, or will I pay an extra fee for the triggers? Question relates to shares only.

nomore4s · 21 August 2009

DocK said:
Prob stoopid question, but here goes:

I'm with Comsec atm and they charge an additional fee if a conditional order (stop loss/rising buy etc) is triggered, as well as their usual brokerage. Once you start trading a bit more ofter this soon adds up I'm considering changing to IB, but can't see on their site whether they also charge an extra fee for stop loss trigger??

If I want to set a conditional buy upon a share price rising, and set a stop loss amount and a conditional rising sell to lock profits at the same time - do I only pay comms on the purchase and sale, or will I pay an extra fee for the triggers? Question relates to shares only.

No extra fees. Only pay the brokerage.

ThingyMajiggy · 21 August 2009

Pretty sure all of IBs conditional orders are free, just pay for comms.

Anyone having trouble getting orders filled today? Trading the SPI and nothing is going through

DocK · 21 August 2009

Thanks heaps for the prompt replies guys Sounds too good to be true compared to Comsec - I'll def open an account with them for the short-term trades, but will prob keep the comsec account for longer-term holdings as I'm a bit concerned about the chance of missing out on SPPs etc, and that way I can still use their delayed data.

Thanks again!

bigricho · 1 October 2009

Hi Guys, Can any-one tell me if they use Interactive Brokers.
Being a u.s company are you trading in u.s $ and exposed to the exchange rate if you withdraw funds from your trading account?
Any input or advice would be appreciated.
Thanks

skyQuake · 1 October 2009

bigricho said:
Hi Guys, Can any-one tell me if they use Interactive Brokers.
Being a u.s company are you trading in u.s $ and exposed to the exchange rate if you withdraw funds from your trading account?
Any input or advice would be appreciated.
Thanks

You choose what currency you want to be based in. If you trade aussie stocks, just base it in AUD. (No fluctuations).

freebird54 · 6 October 2009

Happy with them so far so [love the quick fills even using webtrader] want to transfer all my Commsec stock to them - I notice commsec now want $54 to do it - is this correct or is there another way?

cutz · 6 October 2009

freebird54 said:
Happy with them so far so [love the quick fills even using webtrader] want to transfer all my Commsec stock to them - I notice commsec now want $54 to do it - is this correct or is there another way?

Easiest and quickest is to transfer them across the market.

wildkactus · 6 October 2009

Market Sniper said:
Hi Guys

Quick question regarding typhoon warning in Hong Kong, if it reaches level 8 does this affect IB and its service? Anyone know?

MS

It would for the hong kong market data as the city shuts down on a T8, every thing closes everyone goes home, normally only last for 6 or so hours then back to normal.

Happy Trading

freebird54 · 7 October 2009

cutz said:
Easiest and quickest is to transfer them across the market.

sorry I dont understand what you mean - sell stock to them? is that possible?

freebird54 · 7 October 2009

freebird54 said:
sorry I dont understand what you mean - sell stock to them? is that possible?

this is what IB say.........
There is no charge for incoming transfer. Please be advised that there are two methods of transfers in Commsec. 1) HIN transfer and 2) Stock transfer. For HIN transfer, it is initiated by receiving broker. However, our custodian Fortis Clearing Sydney does not have the system supporting HIN. Therefore, this method cannot be done. For Stock transfer, client has to send a signed request to Commsec Settlements at the fax number +612 8292 5743 stating that the shares are to be transferred to Fortis Clearing Sydney, PID 01192. Then Commsec will get in touch with Fortis to deliver the shares. Please kindly send a signed request to Commsec at your earliest convenience. Thanks.

marknz88 · 7 October 2009

freebird54 said:
sorry I dont understand what you mean - sell stock to them? is that possible?

I think he means sell the shares from your X account and purchase them at the same price with your IB account. Means you only have to pay the brokerage cost, and can then transfer the settled funds from X into IB in a few days.

Only problem with that is, if you have $50,000 of XYZ to sell, you would need another $50,000 to purchase with at the IB end..

DB008 · 7 October 2009

Just a quick question.
Does anyone use the mobile trading with IB?
Either on Blackberry or iPhone?
If so, how much data would it be using?

Lets just say you only want to trade shares and don't really need the live ASX stream.
I'm thinking of setting up an account with IB and upgrading my mobile that has the capability to trade via the web. Looking for pricing on data packs too.
Thanks in advance

NAsX · 11 October 2009

Hi guys,

I was looking at buying some shares with IB the other day, and noticed that they seem to let you buy on 50% by default?

I take it this means if say I bought 1K worth of shares with $500, I would get charged interested for the other $500? Is this how it works?

What if I don't want to buy my shares on margin?

Thanks for any help

nomore4s · 11 October 2009

NAsX said:
What if I don't want to buy my shares on margin?

Just make sure you've got enough money in your account to cover the purchase.

Interactive Brokers

paulchow2k

freebird54

ThingyMajiggy

marknz88

ThingyMajiggy

DocK

nomore4s

Commonsense isn't that common

ThingyMajiggy

DocK

bigricho

skyQuake

freebird54

cutz

wildkactus

freebird54

freebird54

marknz88

DB008

NAsX

nomore4s

Commonsense isn't that common

Similar threads

Interactive Brokers

Commonsense isn't that common

Commonsense isn't that common

Similar threads

Privacy & Transparency

Privacy & Transparency