IB's Tiered commission models are not intended to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to customers in IB's Tiered commission schedule may be greater than the costs paid by IB to the relevant exchange, regulator, clearinghouse or third party. For example, IB may receive volume discounts that are not passed on to customers. Likewise, rebates passed on to customers by IB may be less than the rebates IB receives from the relevant market. For example, IB may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to customers.
Rates were obtained on January 6, 2015 from each firm's website. Some of the firms listed may have additional fees and some firms may reduce or waive commissions or fees, depending on account activity or total account value. Supporting documentation for any claims and statistical information will be provided upon request.
Interactive Brokers earned a 4.5 star ranking in the March 17, 2014 Barron's Annual Best Online Brokers. *Low Cost Rated by Barron's 10 Years Straight - Low cost broker 2005 through 2012 according to Barron's online broker review. 2005 - 5 Stars, 2006 - 5 Stars, 2007 - 4.8 Stars, 2008 - 4.5 Stars, 2009 - 4.5 Stars, 2010 - 4.2 stars, 2011 - 4.5 stars, 2012 - 4.3 Stars, 2013 - 4.3 Stars. When All Screens Lead to the Bull - March 17, 2014, Barron's ranked Interactive Brokers with a 4.5 star rating for cost. Criteria included Trade Experience and Technology, Usability, Mobile, Range of Offerings, Research Amenities, Portfolio Analysis & Report, Customer Service & Education, and Costs.