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Non-Tech : Interactive Brokers / Timberhill
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To: Gary E who wrote (9002)8/5/2014 6:36:49 PM
From: rllee  Read Replies (2) of 9012
 
Hi Gary,

I looked at the fees for 2 different IB accounts, one is an IRA with market and options data subscribed and the other a regular non-IRA account with no market data subscribed. The IRA account is worth over $100K while the non-IRA account is less than 100K. The following are listed as "Other Fees" in the monthly statements:

IRA Account - US Security and Commodity Exchange Fee: $10
US Options Level 1 Fee: $1.50
Every 3 months the account shows an IRA Quarterly Fee: $7.50

non-IRA Account - Monthly Account Minimum Fee: $10 (reduced based on number of trades)
SGX Derivatives Level 1 fee: $0.80 (Not sure what this is since I did not subscribe to any data)

I guess IB has eliminated the Monthly Minimum Fee $10 fee for the above $100K IRA account. The non-IRA under $100K account still has a minimum monthly fee of $10/mo (reduced based on number of trades)

Would these fees be similarly to other IB accounts on this board?

Bob
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