I recently switched to IB and made my first few trades. I have to say, I hate all of the interfaces they offer including the website. Everything just feels bulky and overwhelming when it doesn't need to be. I can't even bare to deal with their software so I still use TOS's software to watch my stocks. So even though I'm far from thrilled with them, I can't really do any better for shorting microcaps especially for the account size that I have (small). Even though the minimum is usually 10k, I think the minimum is only 3k for those 21 and younger so keep that in mind if that applies to you.
I would like to amend my review to add that I have never had any problems with Interactive Brokers and although all of my previous complaints still hold true, they are minor compared to the utility IB provides in playing penny stocks. No other broker I have thus far encountered has allowed such a great ability to find borrows on these microcaps and with relative ease. There is no need to contact anyone to ask for borrows which is nice and the website allows for the availability of shorts to be searched here. Considering this, I would certainly recommend to anyone hoping to get started playing penny stocks to open an account here and try them out.
If you'd like me to refer you so you can try them out, send your full name to promopennygather at gmail dot com. I get a lot of email so if you don't get a response within 48 hours, feel free to send it again.
If you'd like me to refer you so you can try them out, send your full name to promopennygather at gmail dot com. I get a lot of email so if you don't get a response within 48 hours, feel free to send it again.
No possibility to complaint with Interactive brokers Asia and Salvatore Recco
ReplyDeleteDue to instability of Interactive Brokers systems and incompetence of "Salvatore Recco", I lost lot of money. It would not have happened with a competent and professional broker. But Salvatore Recco(Head of Institutional Services Asia) was slow, not polite, unprofessional, giving lame excuses and possibly make big money on my back.
0/IB asia has no independent complaint officer(the CEO so wont bother to answer). If a senior IB staff is incompetent, you could not complain.No one is checking what they are doing in Asia, so manipulations of the records/transactions and wrong doing can be done by their staffs in Asia.
1/ zero transparency: you wont get any records ( transaction, transcripts,...). "Salvatore Recco" is blocking my access to any records because of his incompetence.
2/ you will not be able to speak or see face to face, "Salvatore Recco"or a manager or a complaint officer in Asia. They will just hide and send you a small potato guy.Thank to The small potato, I discovered that Salvatore Recco was lying and the staff might know his incompetence.
3/ IB/Salvatore Recco will hide and refer you to a US complaint or any virtual manager in other continents.
4/ their methods in order that you give up your complaints, its their complaints tickets systems, it will take many months/ years instead of a day. They will tell you that they will get back to you within few days but instead give you lame excuses few month later. By that time all records could be modified by IB.
5/they have many others tricks so be careful, they can make you push to accept new rules at their favors when you later login,...
6/ they are not going to compensate you for their staffs mistakes for sure! Because They do not have any compensation fund aside in Asia !
On internet I find others complaints about "Salvatore Recco", if you have any problems with him or IB, please help me. I spend money on a lawyer and complaint regulators without any answer!!!
Help me because "Salvatore Recco" is blocking my complaint as he was the one incompetent, the head, and possibly make a big money in my back!
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