Advertisement
Anonymous
Will I get charged the minimum fee twice?
2
Discussion (2)
Learn how to style your text
Zachary Teo
14 Apr 2020
Art Director at Ad Agency
Reply
Save
Yes, you will have to fulfill the minimum commission fee depending on the product/market you are trading for both the first order (partially filled) and the second order (amended).
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Products
4.0
38 Reviews
$0
MINIMUM FEE
Market Spread
TRADING FEES
Custodian
STOCK HOLDING TYPE
4.7
482 Reviews
4.5
957 Reviews
Related Posts
Advertisement
Hello Anon! Yes, you will be charged twice for the comission fee. This is probably due to the settings of the "Market" when you're buying. Though IBKR will help you purchase it at a reasonable price, it will however split your amount to various quantity. I don't like it as they charged multiple commission fee, adding it up to be a much more expensive lot than normal.
What I suggest would be to set the buy with limit instead of MarketPrice. This way, they will only provide you the exact quantity at the price you want.