IBKR commissions - API trading

Discussion in 'Automated Trading' started by torewy, Sep 2, 2021.

  1. torewy

    torewy

    Has anyone successfully negotiated down their IBKR commissions for API trading? A 1% commission for a stock that's trading at $1 or less is a real killer.
     
  2. Is ib commission negotiable?
     
  3. torewy

    torewy

    I've heard that some of had luck - but don't know details.
     
    MoreLeverage likes this.
  4. Craig66

    Craig66

    The response I had was that you need to be firmly into the 3rd tier each month before they'll consider it.
     
    MoreLeverage, trend2009 and torewy like this.
  5. DaveV

    DaveV

    What is the 3rd tier?
     
  6. 3million to 20million per month
     
  7. ValeryN

    ValeryN

    Shouldn't be too hard if OP is trading <1$ stocks.
     
  8. Yeah I’m not sure unless your proper big time that you would get any better