Required Minimums

The following minimums are required to open an account ¹:

Category	Required Deposit
Individual Accounts (unless listed below)	USD 10,000 (or non-USD equivalent)
Trading Group Masters	USD 10,000 (or non-USD equivalent)
Broker Masters	USD 10,000 (or non-USD equivalent)
Indian residents ² trading with an IB India account	INR deposits only, equivalent to USD 2,000
Indian residents ² trading with an IBLLC-US account	USD 5,000 (or non-USD equivalent)
IRAs ³	USD 5,000 (or non-USD equivalent)
Individuals age 26 or younger	USD 3,000 (or non-USD equivalent)
Advisor and Broker Clients	USD 5,000 (or non-USD equivalent)

Notes:

To Trade a margin account you must maintain at least USD 2,000 or non-USD equivalent. For details on margin requirements, see the Margin page.
Pattern Day Traders have higher minimum requirements, which are defined in the Day Trading section of margin requirements.

Accounts that show no balance will be closed. To reactivate an account that has been closed for having no balance, a new account deposit of USD 10,000 or non-USD equivalent is required.
Indian resident is an individual who resides in India for more than 182 days per year.
Because of contribution limits, IRA accounts will only be required to deposit USD 5,000 in order to open a new account. In addition, US Regulators require USD 25,000 (or non-USD equivalent) to Day Trade stocks and options.

Monthly Activity

As IB caters to active professional traders and investors, we require that each account generate a minimum of commissions per month. Accounts generating commissions less than the minimum as stated below in any given month will be assessed the difference as a monthly activity fee. Please note that the monthly activity fee is based on commissions only, and does not include fees related to third-party assessments such as market data subscriptions or order modification/cancellation fees.

In addition to monthly fee minimums, we pass through market data fees from the exchanges for any real-time market data service in which a customer subscribes. Customers choosing to subscribe to US non-professional real-time market data will have the USD 10 (or non-USD equivalent) monthly market data subscription fee waived if they spend USD 30 (or USD equivalent) or more in commission for the month.

Customer Type	Activity Fee Minimum
All customers not listed below	USD10.00¹(or non-USD equivalent)
Financial Advisor Client	USD10.00(or non-USD equivalent)
Indian residents² trading with an IB India account	USD5.00³(or non-USD equivalent)
Age 25 or under	USD3.00(or non-USD equivalent)
Customer with equity balance < USD 2,000 or equivalent, or customer maintaining a balance in a closed account	USD20.00(or non-USD equivalent)

Notes:

For the purpose of computing minimums for Advisors, Institutions, and Brokers, fees are considered on a consolidated basis. The number of accounts under an Advisor, Institution, and Broker structure are multiplied by the USD 10 minimum, and compared to the total commissions for all accounts. If the total commissions are greater than the minimum calculation, no activity minimum fee will be applied. If the total commissions are less than the minimum calculation, the minimum fee calculation will be applied to each individual account.

As an example, I have one advisor master account and four client accounts. My minimum is five times USD 10, or USD 50. If all five accounts on a consolidated basis had commissions of USD 60, no minimum would be charged. If the consolidated commissions for all five accounts were USD 40, the USD 10/USD 20 minimum described in the Activity Fee Minimum column would be applied to each account (including advisor and master accounts).

Waived for the first 3 full calendar months.
Indian resident is an individual who resides in India for more than 182 days per year.
Waived for the first 3 months.

Special Connections

Customers requiring any of the below connections are subject to the following connection minimums:

VPN
TWS	API	CTCI
USD150.00per month minimum	VPN Not Supported via API	USD150.00per month minimum + USD700.00one-time setup fee

Internet (Gateway Client for CTCI)
TWS	API	CTCI
USD10.00per month minimum (USD3.00for age 25 and under)	USD10.00per month minimum (USD3.00for age 25 and under)	USD100.00per month minimum + USD500.00one-time setup fee

Extranet (Radianz, TNS, Savvis)
TWS	API	CTCI
USD500.00per month minimum	USD500.00per month minimum	USD1,500.00per month minimum for first line; USD1,000.00per month minimum for any subsequent line(s)

Dedicated Leased Line (Verizon, AT&T, etc)
TWS	API	CTCI
USD500.00per month minimum	USD500.00per month minimum	USD1,500.00per month minimum for first line; USD1,000.00per month minimum for any subsequent line(s)