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Interactive Brokers "Cost Plus" commisions


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Interactive Brokers "Cost Plus" commisions

  #1 (permalink)
 YuvalW 
USA
 
Experience: Beginner
Platform: NinjaTrader
Posts: 26 since Jul 2009
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Hi,

Im trying to see if I got IB commisions structure correctly:
https://individuals.interactivebrokers.com/en/p.php?f=commission

It is a "cost plus" where you need to add-up different commisions, here is the excel I came up with,
anyone has experience with that?

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  #3 (permalink)
 
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 Jones 
Stuttgart, Germany
 
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hi,

try out setting up a paper trading account. sim trade your questions and look at the execution tab.

easiest way to figure out
jones

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  #4 (permalink)
 YuvalW 
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Thx, didn't know paper acct show real commissions...

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 Big Mike 
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YuvalW View Post
Hi,

Im trying to see if I got IB commisions structure correctly:
https://individuals.interactivebrokers.com/en/p.php?f=commission

It is a "cost plus" where you need to add-up different commisions, here is the excel I came up with,
anyone has experience with that?

@YuvalW, thanks for this. I was looking for this in fact, as the IB site is not very helpful with their examples on Cost Plus.

But your spreadsheet does not seem to show the liquidity rebates?

Mike

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  #6 (permalink)
 YuvalW 
USA
 
Experience: Beginner
Platform: NinjaTrader
Posts: 26 since Jul 2009
Thanks Given: 4
Thanks Received: 17


Big Mike View Post
@YuvalW, thanks for this. I was looking for this in fact, as the IB site is not very helpful with their examples on Cost Plus.

But your spreadsheet does not seem to show the liquidity rebates?

Mike

Hi Mike,

I've been on the "cost plus" structure for quite some time, and honestly I never understood the commissions, it is quite complicated because it depends where the order is routed to.
Anyway, here is a sample for some commissions I paid:
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