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How do interactive brokers and thinkorswim compare in terms of fees and commissions for trading digital currencies?

avatarRaffeil RahalDec 17, 2021 · 3 years ago1 answers

Can you provide a detailed comparison of the fees and commissions for trading digital currencies on interactive brokers and thinkorswim?

How do interactive brokers and thinkorswim compare in terms of fees and commissions for trading digital currencies?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    As an expert in the digital currency trading industry, I can tell you that interactive brokers and thinkorswim are both reputable platforms with their own fee structures. Interactive brokers offer a tiered fee structure based on trading volume, which can be advantageous for high-volume traders. On the other hand, thinkorswim charges a flat fee of $0.65 per contract for options trades, making it more suitable for smaller traders. It's important to consider your trading style and volume when choosing between the two platforms. Overall, both interactive brokers and thinkorswim provide competitive options for trading digital currencies.