There is a small fee for certain order modifications and cancellations, but there are credits for executed orders, too. And the ratio is (depending on market, exchange, and instrument)? between 10:1 and 20:1, meaning you would need to make 10 to 20 times more modifications/cancellations than you have order executions before you actually have to pay.
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On Fri, Feb 4, 2022 at 12:31 PM, ds-avatar wrote:
One issue to keep in mind when cancelling orders as opposed to manually "unsubmitting" them in TWS is how that could count toward IBKR order cancellation guidelines as I believe there?are fees for non-SMART order cancellation via API above a certain balance against executions ().
