Up to USD 10 per month (less commission paid that month)
Interest Paid on Idle Cash Balances2
Benchmark minus 1.5%
Benchmark minus 0.5%
Interest Charged for Margin Loan
Benchmark plus 2.5%
Begins at Benchmark plus 1.5%, with lower rates for higher loan values.3
Stock Yield Enhancement Program
Free snapshot market data for US listed stocks and ETFs
Premium Subscriptions Available
Outside Regular Trading Hours4
07:00 - 20:00
04:00 - 20:00
Trader Workstation (TWS)
IBKR Web Trader
Order Types & Algos
No Algos, Limited Order Types
Mutual Fund / ETF Replicator
Where available in North America.
Accounts with a NAV of less than USD 100,000 (or equivalent) will be paid at a rate proportional to accounts with a NAV of USD 100,000 (or equivalent) or more. The proportion is determined by the ratio of the account's NAV to USD 100,000 (or equivalent). The negative rate applied to accounts holding these currencies is the same regardless of account size.
Regular trading hours for IBKR Lite and IBKR Pro are 09:30 - 16:00
We understand your investment needs change over time. You can switch between the IBKR Lite and IBKR Pro plan at any time. Your first three reclassifications are processed on a weekly basis while subsequent reclassifications happen on a quarterly basis.
Rated #1 - Best Online Broker
Best for Mobile Traders
Best for Frequent Traders
Best for International Traders
Lowest Cost Broker
IBKR'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 clients in IBKR’s Tiered commission schedule may be greater than the costs paid by IBKR to the relevant exchange, regulator, clearinghouse or third party. For example, IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients.
Stocks, ETFs (ETPs) and Warrants - Overview
Open an Account
Individual, Joint and IRA Clients
Commissions starting at $0 for US listed stock and ETFs, lowest margin rates and award winning trading tools.