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A comment on SEC charges Robinhood $65M for misleading customers about revenue sources. Parent comment

Re:SEC charges Robinhood $65M for misleading customers about... by tptacek on Thursday December 17, 2020 @01:31PM (#25458593)
IB Pro is the reason I used the word "virtually". :P
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Re:SEC charges Robinhood $65M for misleading customers about... by arcticbull on Thursday December 17, 2020 @03:38PM (#25460084)
Makes sense, I'm just shilling; I like IBKR. Not, you know, their app or website. Their order execution, margin rates and other features (debit card, bill pay) are really solid.

And hey, no PFOF.

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Re:SEC charges Robinhood $65M for misleading customers about... by tptacek on Thursday December 17, 2020 @03:46PM (#25460180)
It's like a 0.3c/share difference between IBKR Pro and the price improvement you'd get at any other brokerage, right?
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Re:SEC charges Robinhood $65M for misleading customers about... by arcticbull on Thursday December 17, 2020 @03:50PM (#25460231)
I haven't check it honestly, I don't really trade equities - I mostly sell equity options and index futures options. I use IBKR because of their low margin rates (1.25% for a 300K margin loan at the moment), their low commissions and their generous portfolio margin allowances.
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