While many of our clients actively trade or maintain substantial equity in their account, we have decided to eliminate our monthly inactivity fee so there are no impediments to maintaining an account with IBKR.
As of July 1, 2021, we eliminated inactivity fees for most account types, so there is no longer a USD 10 charge for not maintaining a minimum balance or transaction activity with your account. The change will be reflected on August 2021 account statements.
Our decision to remove inactivity fees aligns us with industry standards and reflects our ongoing commitment to provide clients with low-cost trading solutions.
Did you hear that in April 2021, PortfolioAnalyst was verified as calculating Time-Weighted Returns and Money-Weighted Returns in accordance with the Global Investment Performance Standards (GIPS®) calculation methodologies? GIPS was developed by the CFA Institute, is used by investment management firms around the world, and establishes standards for investment performance, making it easier for you to compare firms and make more informed investment decisions.
PortfolioAnalyst consolidates, tracks and analyzes your complete financial performance. Link your investment, checking, savings, annuity, incentive plan and credit card accounts to understand your current and historical financial state and plan for the future.
IBKR clients enjoy free, full access to PortfolioAnalyst's advanced features and receive real-time updates regarding their IBKR portfolio positions. Simply log in to Client Portal to access PortfolioAnalyst.
GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Interactive Brokers introduced new, simplified pricing for Western European stocks:
These low commission rates are available with IB SmartRoutingSM, which optimizes the execution quality for clients by accessing the many exchanges and trading venues across the continent. Please note the Fixed commission model does not have fee caps.
Our new pricing is offered alongside our current tiered pricing so that you can choose a commissions structure that best aligns with your investing objectives, without added spreads, ticket charges, platform fees or account minimums.
Clients from over 200 countries and territories trade stocks, options, futures, currencies, bonds, funds and more from a single, integrated account. Fund or trade your account in multiple currencies, access 135 global exchanges including all U.S exchanges, and use powerful mobile, web and desktop trading platforms.
Hong Kong stocks now from HKD 0.015% - 0.05% of Trade Value1
Interactive Brokers has new, lower pricing for Hong Kong stocks:
Interactive Brokers' clients executed over 3 million trades per day1 during Q2 2021. We believe our institutional clients would benefit greatly from interacting with this liquidity.
As you know there is great controversy about payment for order-flow. Brokers, who charge zero commissions, sell their orders to High Frequency Traders who execute these orders at slightly better prices than the NBBO. But these execution prices are still advantageous enough for them to be able to pay the brokers, maintain their operations, and make a profit that sums to billions. In the first quarter, nearly 50% of all stock trades2 were executed off the exchanges, resulting in less liquidity and wider markets for institutional traders.
At Interactive Brokers we charge a commission averaging just under $0.002 per share3 and seek to execute our orders at the best price our order-execution system can find in various dark pools and the exchanges. Traders who do not need immediate execution and are willing to rest mid-point pegged orders in our ATS can effectively reduce the bid/offer spread to zero both for themselves and for the SmartRouted orders we cross with their resting order.
Join them - both your institution and other IBKR clients would benefit greatly and equally!
IBKR hosts resting orders on our ATS, shielding our clients' intentions while achieving best price execution. We have incorporated anti-gaming logic into our SmartRouter to prevent predatory traders from probing the IBKR ATS to detect large resting orders. In addition, we do not trade against our clients' orders.
IBKR ATS accepts Accumulate/Distribute, Relative (a.k.a. Pegged-to-Primary), Pegged-to-Market, Pegged-to-Midpoint, Scale and non-marketable Limit orders. All order types (other than midpoint peg orders) provide dynamic adjustment so that a buy order is always at least one tick below the NBO, and a sell order is always at least one tick above the NBB. Midpoint peg orders are always executed at the midpoint of the NBBO. In addition, the GTD (Good-til-Date/Time) feature lets you select an expiration date and time up until which an order will stay active.
As an IBKR client, you can interact with our SmartRouted order flow by directing your order to the IBKR ATS. Simply click "Advanced" on the TWS Order Entry panel and select IBKR ATS as your destination. If you are looking to connect with the IBKR ATS using an API, contact our API Team at email@example.com to learn more.
We look forward to helping you realize zero spread executions.
 Daily average revenue trades (DARTs). For more information, see ibkr.com/ir
 Based on WSJ article, GameStop Mania Highlights Shift to Dark Trading; February 12, 2021
 Commissions may vary based on commission model. For more information, visit our commissions webpage.
We recently added functionality to IBKR Mobile, Trader Workstation (TWS) and Client Portal to deliver a powerful and seamless trading experience across our platforms, whether you are trading from your desktop or on-the-go.
Visit the Release Notes section of the Documentation page to find out more about recent enhancements.
The Interactive Brokers Mutual Funds Marketplace provides clients from over 200 countries and territories with access to more than 40,000 funds from 400 fund families, including Allianz, American Funds, BlackRock, Fidelity, Franklin Templeton, Invesco, MFS and PIMCO.
Unlike most firms, IBKR never charges a custody fee. In addition, we offer over 7,700 funds with no transaction fees and low, transparent commissions. Inside the US, commissions are the lesser of USD 14.95 or 3% of trade value, while fee funds outside the US are EUR 4.95 (or equivalent).
To help provide you with a broad selection of funds, we recently added the following fund families to the Marketplace:
In February 2021, Benzinga recognized Interactive Brokers as the Best Broker for Mutual Funds. Visit the Mutual Funds Marketplace to learn why.
Search for the best yields from a vast universe of bonds from issuers in the Americas, Europe and Asia in our Bonds Marketplace. IBKR provides direct market access at a low cost to a wide array of corporate, government and municipal securities. Our clients get the best bids and offers with low, transparent commissions and no hidden mark-ups.
Browse availability with our Bond Search Tool and:
Global Corporate Bonds
US Municipal Bonds
Non-US Sovereign Bonds
In February 2021, Benzinga recognized Interactive Brokers as the Best Broker for Bonds. Visit the Bonds Marketplace to learn why.
IBKR Campus is your one-stop destination for learning about the markets, products and tools available to you at Interactive Brokers, while improving your understanding of current events and financial technology.
Traders' Academy offers more than 50 courses on investment products, IBKR trading tools, portfolio and risk analysis, investment analysis, APIs, advisor tools and taxes.
Getting Started for Advisors
Are you thinking about becoming an advisor or a new advisor to the IBKR platform? Our revised Getting Started for Advisors course walks you through IBKR's integrated advisor solutions and helps you get up to speed.
Watch, listen and learn about current market topics, IBKR tools and more by participating in any of our free webinars or browsing our extensive offering of recorded webinars.
Watch or read market commentary and analysis from more than 70 industry sources, including IBKR's Chief Strategist Steve Sosnick and Senior Analyst Steven Levine.
A free online resource for educators looking to blend finance or computer science classwork with real-world trading experiences.
A blog for quantitative professionals with an interest in programming, deep learning, IBKR API, AI, Blockchain and other transformative technologies influencing modern markets.
Our clients enjoy access to dozens of free and premium market research and news providers. New providers include:
Bridgeweave is a London based Fintech that creates breakthrough solutions for wealth and investments powered by AI. Their core product, InvestorAi, acts like your personal quant analyst, using machine learning and AI tools to sift through billions of elements of data, every day. It generates investment ideas or insights which are intuitive, affordable, easy to understand and available on your mobile phone.
Bridgeweave's competitive advantage is their vertical AI product, InvestorAi, which has been trained specifically for wealth and investments. With deep sector knowledge and expertise, InvestorAi delivers investment ideas/insights which are easy to use and understand.
To subscribe to InvestorAi, log in to Client Portal, click the Head/Shoulders icon in the upper right corner of the home page, click User Settings, click the gear icon next to Research Subscriptions and then click the gear icon next to Current GFIS Subscriptions.
IEX Cloud is the financial data business of the IEX Group, which also separately operates the IEX Exchange. Since 2019, IEX Cloud has been setting new standards for easy delivery and use of financial data. IEX Cloud connects you with 150+ enterprise-grade datasets through one easy-to-use platform and API.
To subscribe to IEX Cloud, log in to Client Portal, click the Head/Shoulders icon in the upper right corner of the home page, click User Settings, click the gear icon next to Research Subscriptions and then click the gear icon next to Current GFIS Subscriptions.
Seasonax is a leader in seasonal trading pattern analytics. The whole idea of Seasonax is to provide users with an easy tool and access to interpret data and to make their investment decisions. It is based on recurring seasonal patterns that can be identified in stocks, indices, FX, commodities during the entire calendar year. In other words, with two clicks the user can determine the best date when to buy and sell individual market instruments based on historical performance.
To subscribe to Seasonax, log in to Client Portal, click the Head/Shoulders icon in the upper right corner of the home page, click User Settings, click the gear icon next to Research Subscriptions and then click the gear icon next to Current GFIS Subscriptions.
TF International Securities Group is a wholly-owned subsidiary of TF Securities Co., Ltd. (“TF Securities”) in Hong Kong. TF International has established a strong presence in Hong Kong and serves clients from all around the globe to connect Chinese and global capitals. Subscription includes access to fundamental and economic research reports from Hong Kong and China.
TFI Securities is a complimentary service and does not require a subscription.
Updata is a market leader in the provision of technical analysis and automated trading software. The software is compatible with dozens of different data sources including Interactive Brokers right up to professional market terminals such as Bloomberg and Refinitiv Eikon. Users can run hundreds of different charts across multiple workspaces. The Technical Analysis tools cover all the bases including world leading point and figure. Automatic price targets are given with a single key press.
To subscribe to Updata, log in to Client Portal, click the Head/Shoulders icon in the upper right corner of the home page, click User Settings, click the gear icon next to Research Subscriptions and then click the gear icon next to Current GFIS Subscriptions.
Supporting documentation for any claims and statistical information will be provided upon request.
Options and Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading options read the “Characteristics and Risks of Standardized Options”. Before trading futures, please read the CFTC Risk Disclosure.
Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.