Fixed rate plans typically charge a single flat rate per share or contract that includes all commissions and all exchange, regulatory and other third-party fees.
Tiered plans typically charge our low broker commissions, which decrease based on volume, plus exchange, regulatory, and clearing fees. In cases where an exchange provides a rebate, we pass some or all of the savings directly back to you.
Interactive Brokers uses internationally recognized benchmarks on overnight deposits as a basis for determining interest rates. We then apply a spread around the benchmark interest rate ("BM") in tiers, where larger cash balances receive increasingly better rates, to determine effective rates on:
For complete details about required minimums, see our Required Minimums page.
For complete details on cancel/modify fees, trade busts/adjustments and other fees, see our Other Fees page.
Account Activity Fees, where applicable, are charged to the account during the first week of each month. Similarly, subscriptions to research and market data or special connections are collected monthly on the first week of the following month.
Other Fees, where applicable, are charged to the account in the manner described in the Other Fees section of the IB website. Further details are provided on each of the dedicated pages of the IB website.
The IB Multi-Currency Account function gives the ability to trade in products and also make deposits and withdrawals in different currencies using a single account that is denominated in a base currency of the client's choosing. Transaction costs, interests charged or accrued by the client are paid in the currency in which they are incurred. More information on "Converting Currency Balances" can be found on the IB Knowledge Base.
The following examples show on a hypothetical and best effort basis what impact the costs you may pay will have on the investment return you might get. The total costs take into account one-time, ongoing and incidental costs. The amounts shown assume cumulative costs related to the products traded and services that might be provided to your account. Actual costs might vary.