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Non-Tech : Interactive Brokers / Timberhill

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To: Gary E who wrote (8938)8/17/2012 12:14:39 PM
From: wilywilly   of 9012
 
One advantage of Global Futures is that their margin requirement for E-mini futures is $400/contract vs. IB $1250-2500 or so, depending on the underlying. Their standard commission is $5/round trip vs. $4 at IB, but they are willing to "get competitive" if you trade often enough or have a large enough account.

One disadvantage is that they trade options & futures only, no stocks or ETFs. That was a deal breaker for me when I checked into them, since I rely on my long stock holdings to provide my trading margin.
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