TOGGLE AI announced an initiative that enables customers to trade for free using Interactive Brokers Group Inc (NASDAQ:IBKR).
IBKR clients who use TOGGLE AI will receive a reimbursement for their trading fees each month, as well as special pricing for options contracts, limited to the dollar value of a user’s TOGGLE AI subscription.
“For nearly four decades, retail investors have been strong-armed into accepting opaque pricing structures and bloated fees from most brokerages,” said TOGGLE AI co-founder and CEO Jan Szilagyi.
“Combining TOGGLE’s cutting-edge technology with Interactive Broker’s innovative commission structure will be transformative for investors who expect more from their brokerages. My hope is that collaboration will push the industry as a whole to offer transparent pricing structures – and more affordable fees.”
