Asked on 18 May 2020
IBKR Lite offers zero commission and custody fees for certain US stocks and I am in it to win it.
Hello! I am using IBKR Pro and from my understanding, IBKR Lite is only for US residents only. They have this statement written
"The IBKR Lite pricing plan applies US residents with the following account types: Individual, Joint, IRA and Trusts when the beneficiary and trustee are natural persons. In addition, US financial advisors can offer IBKR Lite to their clients."
So I'm assuming it is for them only since it's getting rather competitve for their market with Webull, EToro, Robinhood, and even TD offering free commission trade.
19 May 2020
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