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Author: dragoncello One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 195  
Subject: Re: IB or Pinksheets for Ubisoft Entertainment Date: 12/14/2007 3:08 PM
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I'm always at a loss for why The Motley Fool does not include Interactive Brokers (IB) in summaries of various brokerages.

I have a TD-Ameritrade (formerly Waterhouse) account, where I keep my mutual funds and where I started trading stocks (at $10 a pop). I learned about IB on boards like these, opened an account, and pay $1 per trade. Yes, there is an account fee ($12 per month or so to trade on US exchanges, about the same or more on foreign exchanges), but even if I just buy four trades I am much better with IB than TD or others.

My trades with IB are usually small (typically $200 purchases of shares, regardless of share price (I buy in thirds)), and I'll admit I do not know how they manage the blocks of 100 shares, but rarely have I had a problem fulfilling an order. I have bought several companies that trade Pinksheets (although not Ubisoft specifically).

Granted, IB does not send you nice statements (you have to format and print them yourself), and the software is not as user-friendly, but after a one-hour "webinar" the software has not been difficult to use.

Best wishes.
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