GammaJammer
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Fair enough - never really though of it like that.
Give it to me straight: the advantages and disadvantages of options?
Mr. Charts
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"finagle"
is originally an American word.
is originally an American word.
This seems like the perfect thread in which to post my question!
I'm looking to get into buying options, I understand the pro's and con's etc but what I can't get my head around is the way they are charged in broker fees and commissions.
For example, ODL securities (from what I can gather from the jargon on their website and various other sources) will charge £1.80 per contract + 1.5% commission with the minimum being £15 for entering and exiting a trade.
However, Interactive Brokers offer 1 contract for £1.70 and from what I gather that’s the final payment.
Am I missing something here? Surely there can’t be a price gap this significant!
Can anyone with experience with Interactive Brokers shed some light?
I'm looking to get into buying options, I understand the pro's and con's etc but what I can't get my head around is the way they are charged in broker fees and commissions.
For example, ODL securities (from what I can gather from the jargon on their website and various other sources) will charge £1.80 per contract + 1.5% commission with the minimum being £15 for entering and exiting a trade.
However, Interactive Brokers offer 1 contract for £1.70 and from what I gather that’s the final payment.
Am I missing something here? Surely there can’t be a price gap this significant!
Can anyone with experience with Interactive Brokers shed some light?
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