Interactive Brokers- New USer Advice?

Lots of US brokers are shutting down accounts in certain countries. It does not depend on the nationality of the account holder but the country of his residence. I also switched after TDA closed accounts in Venezuela. I looked at IB and passed them up. I landed at Lightspeed. They specialize in traders and have very low commissions but they also have a web platform that is not as cheap but good for investors like myself

https://www.lightspeed.com/trading-platforms/lightspeed-web-…

Their telephone help desk is pretty good and if you have Skype you can use their free number from overseas.

I find it best not to rely on the broker for data. Over the years I have developed various data sources. You pay for what you get. With brokers that provide lots of data, most if which I don’t use, you pay for stuff you don’t use. Get free data from the web, it cheaper!

Denny Schlesinger

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