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Commissions

MONTHLY TRADE VALUE (USD) 1 Fee Per Trade Value Minimum per Order (USD)
USD ≤ 100,000 0.18% * Trade Value USD 1.75, but no more than 1% of trade value
USD 100,001 - 1,000,000 0.15% * Trade Value USD 1.75, but no more than 1% of trade value
USD > 1,000,000 0.12% * Trade Value USD 1.75, but no more than 1% of trade value

USD 1,000 in cryptocurrency = USD 1.80 fee with no added spreads or markups

Notes:

  1. Paxos will charge a commission on every trade of 18 bps of trade value, subject to a USD 1.75 minimum commission on any executed order. IBKR receives a portion of that commission as a referral fee from Paxos. Above the monthly volume tiers shown above (or for any order charged a commission exceeding 1% of trade value), customers will receive rebates from IBKR of a portion of the referral fee, such that the customer’s effective commission rate will be the lesser of the commission shown above or 1% of the trade value.

Commissions

Cryptocurrency - Pricing Structure