I got to apologize that I may not have communicated something very well. I have shown everyone how to apply and set up their interactive brokers to trade.
However, I have failed to explain clearly that there is a monthly activity fee charged. This activity fee goes away if your account balance is greater than US$100,000.
It is not that I wish to hide this from readers but that there are many things to explain about. I felt it is better to explain the cost aspect today.
This post explore how competitive Interactive Brokers is when it comes to commissions for trading stocks.
Specifically, my focus will be on the trading cost if you wish to do-it-yourself to create a low-cost, passive portfolio with exchange traded funds.
If you are less interested in exploring Interactive Brokers as a platform for that, but to trade or invest in a portfolio of...