The Traderszone Network

Published in TZ Latest News 3 April, 2017 by The TZ Newswire Staff

Interactive Brokers: Fixed or Tiered?

I am a new trader. I day trade, typically around 6,000 shares a day.
I would consider myself more of a scalper.

I never add liquidity to the market, I simply take it. I buy at ask and sell on bid.
And trade very quickly so I cannot worry myself over the routes.

1) Would it be more beneficial for me to go with the fixed 0.005/share or tiered 0.0035/share?
2) Once I increase my volume and can receive a tiered fee of 0.002/share, would this be more beneficial or fixed at 0.005/share