interactive brokers real time data

has any one used realtime data from interactive brokers. they require minimum balance ( its not clear from their website what exactly this amount is?) to be maintained. data is provided free.however one needs to generate min turnover otherwise min$ 10/month is charged. this data can be used with metastock and amibroker. so if one assumes that without doing any trading we opt to pay $10/month for data only, looks very good.

is any one using it or any hidden charges are their? can any one suggest?

thanks

I don't think u can download this data to Metastock / Ami.
They provide this data to their own charting and trading platform and this charge of $10 is towards that. Generally brokers have to pay something to exchanges (atleast in US/UK mkt) so IB recovers that from clients by charging $10. But if one gives enough business to them i.e. brokerage is > $10 in a month, then this amount is waived off.

Happy Trading.

2.5 LAKH min balance is too much. so its of no use. there are plugin for metastock and amibroker to be used with interactive broker.

http://www.traderssoft.com/mst/msrt/

http://www.amibroker.com/ib.html