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Small Exchange (SMFE)

Exchange Fees 1

Product Group Tier I
All USD 0.15

Regulatory Fees 2

Product Group Tier I
All USD 0.02

Clearing Fee

Product Group Tier I
Trades of 1 - 1,222 contract USD 0.045 per contract
Trades > 1,222 contract USD 55.00 per trade


  1. Small Exchange subscribers are entitled to a rebate or exchange fee reduction when the trade Small Exchange products. As of June 2020 the reduced exchange fee is $0.07 per contract. For more information on rebate programs contact memberpricing@interactivebrokers.com.
  2. Regulatory fees are assessed by the National Futures Association (NFA).