Interactive Brokers Options limits

cognitivebias1

Newbie
2 0
Just started with IB and I keep getting an error message whenever I buy more than 5 options contracts. The message says the limit is 5. When I override the error message my options commission goes up significantly, I'm using SMART routing.

Any ideas?

Thanks!
 

cognitivebias1

Newbie
2 0
Just started with IB and I keep getting an error message whenever I buy more than 5 options contracts. The message says the limit is 5. When I override the error message my options commission goes up significantly, I'm using SMART routing.

Any ideas?

Thanks!

Never mind, figured it out. It's the TWS limits, doesn't affect commissions.
 
 
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