Replies to post #316751 on Anavex Life Sciences Corp (AVXL)

[Steady_T]

I looked into IB some time ago. I do have some penny stocks that I trade and IB wanted to much in commissions for those.

[Bud Powell]

wildcard, do you have / use a Roth IRA account w IB also do you use a mobil app? I've been told Fidelity has a mobil app superior to others. Although I've never used a mobil app it seems like a good tool to have when on the go.

IB has a wide variety of data feeds, some free, most for fee. However, the fees are very low IMO, e.g. $1-3/month. I think they only pass on charges from the data vendors, without a markup.

They also have a very wide range of methods for defining or automating trades, and I don't think you'll find cheaper trading fees or margin rates anywhere else. Some of the methods for posting a bid or ask helps market makers, which pay a little to encourage those types, you can actually earn a tiny amount on trades instead of paying.