How does that work? I guess it applies only to USD balance (or other currencies?) and above some amount, right?Go with Interactive Brokers. No complaints for inactivity and 10 times cheaper than all of them and you will get interest for your cash.
I remember they had something like $10k minimum balance to get started and then something with $100k regarding the interest.
Sorry, I'm too lazy to find it now / I'd prefer someone with direct experience to share it.
IB really seems pretty good, better than some banks (offering you mutual funds...) in some aspects and at a similar level of safety compared to banks. Then there's Degiro, Internaxx, Swissquote, Saxo... What's the deal with Swissquote, they look like some fancy Swiss bank but what are the advantages? Maybe you get your own account number compared to IB where you just have a trading account and compared to Degiro which isn't even allowed to hold your funds by law (so they hold them in cash funds through some strange structure).