He offers accounts at Swissquote Switzerland (not at the London Ltd.) so accounts are insured up to 100 000 CHF as a banking accounts.
He offers 0,1 avg. EUR/USD spread and 2 USD per lot commission.
For my big surprise everything works OK and I really get those conditions.
The only disadvantage is that I see pricing from standard accounts on charts, but my account is called Prime Plus so there is a difference between charts bid/ask and my real bid/ask - as per IB response.
I am sure this IB could become quite famous soon if he will continue to provide such a low spread/commission.
I just wanted to thank you for your useful thread and let you know that I tried to open an account through the IB. Account manager contacted me immediately and the whole process was very smooth. The only disadvantage by my opinion is that I had to send original signatures to Switzerland. However the account is worth it.