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Interactive brokers

Fremen · 2010-08-10 07:05:00

Does anyone have experience dealing with interactive brokers? It's really not clear from their website what their fee structure is. Any idea how you go about paying tax on your profits or what happens to your dividends? Is it designed solely for day traders, or it it suitable for someone like me who would invest a lump sum…

10-08-2010 7:05am

#1

Fremen

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Join Date: May 2006

Posts: 2356

Does anyone have experience dealing with interactive brokers?
It's really not clear from their website what their fee structure is.

Any idea how you go about paying tax on your profits or what happens to your dividends?

Is it designed solely for day traders, or it it suitable for someone like me who would invest a lump sum followed by regular small payments (probably buying and holding on a few different ETFs).

Cheers for the help.

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