Commissions & Fees

COMMISSIONS

Trade More for Less
 With Clear, Low Commissions.

IBKR charges commissions to deliver professional execution, not hidden costs. Trade global markets with low commissions that help you keep more of your performance. We offer the tools, data and execution quality serious investors rely on as they advance.

  • $0 commissions available for US stocks and ETFs
  • Low margin rates and high interest paid on uninvested cash
  • No added spreads, account minimums, or hidden fees

Stocks/ETFs - IBKR Lite

Stocks/ETFs Commissions

$0 per share for US residents only

US listed stocks and ETFs

Stocks/ETFs - IBKR Pro

Stocks/ETFs Commissions

TIERED

USD 0.0005 - 0.0035 per share

FIXED

USD 0.005 per share

Options

Options Commissions

TIERED

USD 0.15 - 0.65 per contract

FIXED

USD 0.65 per contract

Futures

Futures Commissions

TIERED

USD 0.25 - 0.85 per contract

FIXED

USD 0.85 per contract

Spot Currencies

Spot Currencies Commissions

0.08 - 0.20 bps x Trade Value

Spreads as narrow as 1/10 PIP

Bonds

Bonds Commissions

10 bps x Face Value

Mutual Funds

Mutual Funds Commissions

3% (max USD 14.95) x Trade Value

No Fee Funds: $0 per transaction

Prediction Markets

Prediction Markets Commissions

As low as USD 0.01 per contract

View commissions for global markets and products, including cryptocurrencies, metals, and the IBKR Global Outsourced Trading Desk.

See All Commissions

Choose Your Pricing Plan

We offer flexible pricing plans tailored to your trading style, volume and frequency.

Compare IBKR Pro vs. Lite

Choose your plan during account setup.

IBKR Lite

Designed for occasional traders and retail investors.

USD 0.00

US listed stocks and ETFs

  • No minimums per order
  • No inactivity fees
  • Simplified trading experience
  • Free US stock market data
  • Fixed income and mutual funds at low, transparent rates

Why choose
 IBKR Lite?

Invest in US stocks and ETFs with zero commissions and no account minimums.

IBKR Pro - Fixed

Designed for Active Traders.

USD 0.005

US stocks and ETFs per share (min)

  • Single per-share rate that covers all transaction costs
  • Access IB SmartRoutingSM system
  • Predictable cost structure with fixed rate simplicity
  • Minimum per order:
    USD 1.00
  • Maximum per order:
    1 percent of trade value

Why choose
 IBKR Pro - Fixed?

All-inclusive pricing that includes all exchange, clearing and regulatory fees.

IBKR Pro - Tiered

Designed for High Volume Traders.

USD 0.0005 to USD 0.0035

US stocks and ETFs per share

  • Rates fall as monthly volume rises
  • Exchange rebates passed through
  • Access IB SmartRoutingSM system
  • Low minimum per order: USD 0.35
  • Full transparency on execution costs

Why choose
 IBKR Pro - Tiered?

Lower rates for higher volume. Direct pass-through of exchange, regulatory, and clearing fees.

Exchange, clearing and regulatory fees apply. Minimum order fees apply.

Compare IBKR Pro vs. Lite See All Commissions

Choose your plan during account setup.

Quote mark

"Interactive Brokers continues to set the benchmark for cost efficiency, offering margin rates and high yields on idle cash that consistently outperform the competition. For the active trader, these are not just perks — they are material contributors to the bottom line."

- StockBrokers.com | May 04, 2026

More Than Low Commissions

IBKR pricing helps you keep costs down and support stronger long-term performance.

Best Execution

Our smart routing technology searches for the best available price for your order at the time of execution, potentially saving you more than the commission cost.

Learn About BestXSM

Financial Strength

Trade with confidence knowing you're with a broker that maintains significant excess capital and automated risk controls.

IBKR Protection

Lowest Margin Rates

Access margin rates significantly lower than the industry average, allowing you to leverage your portfolio more efficiently.

Compare Margin Rates

Get Started

Trade with a broker built for investors who look beyond free trades.

Frequently Asked Questions

It's the central overview of Interactive Brokers' published commission schedules and pricing plans. It summarizes typical market commission rates across product types and links to full schedules, disclosures, and plan comparisons.

Yes. IBKR Lite offers commission-free trading for US exchange-listed stocks and ETFs for eligible US and Singapore residents, subject to program rules and exclusions.

IBKR Lite is designed for eligible US and Singapore retail investors who want a simplified experience and commission-free US stocks/ETFs. IBKR Pro is designed for active traders and investors who want professional tools and who can choose Fixed or Tiered commission structures across products.

Fixed pricing uses a single published rate per share or per contract (with stated minimums/maximums) for predictable costs. Tiered pricing offers lower base rates that can decline as your monthly trading volume increases, with exchange, regulatory, and clearing costs (and potential rebates) passed through.

Fractional share trades generally follow the same commission schedule as whole-share trades for the applicable plan, unless otherwise specified in the commission disclosures.

Yes. IBKR generally publishes minimum per order and maximum (often expressed as a percentage of trade value) depending on product and pricing plan. Always review the detailed schedule for your market and product.

The commissions overview emphasizes transparent pricing and states there are no added spreads, platform fees, or account minimums on the commissions overview page, but investors should still review product-specific third-party fees and disclosures.

Yes. IBKR states that commission rates may change and can vary by program, arrangement, region, and client type. For the most accurate number, consult the current commissions schedule.

You generally choose your plan (IBKR Lite vs IBKR Pro) during account setup, and eligible clients can request a plan change later via account settings, subject to IBKR’s processing rules.

IBKR Pro with Tiered pricing is designed for higher-volume traders who want declining base rates and pass-through rebates/fees, plus access to advanced trading technology and global market access.

Disclosures

  1. Low commissions do not eliminate the risks associated with trading. All investments involve risk, including the possible loss of principal, and investors should carefully consider their investment objectives and risk tolerance before trading.
  2. IBKR Lite provides commission-free trades in US exchange-listed stocks and ETFs. For trades in non-exchange-listed US stocks (e.g. Pink sheet and other OTC stocks), de-listed ETPs, warrants, and other non-qualifying products, and recurring investment instructions, IBKR Lite accounts are subject to Fixed Pricing. IBKR Lite is available to US residents with the following account types: Individual, Joint, IRA and Trusts when the beneficiary and trustee are natural persons. In addition, US financial advisors can offer IBKR Lite to their clients.
  3. According to StockBrokers.com Interactive Brokers Review: Read the full article Online Broker Reviews, January 28, 2026. "The industry’s cost leader: Interactive Brokers continues to set the benchmark for cost efficiency, offering margin rates and high yields on idle cash that consistently outperform the competition." View our margin rates for more information.
  • 1 basis point=0.0001.
  • IBKR may change these rates at any time in its sole discretion. Commission rates may also vary by program or arrangement. Restrictions apply. The published rates are for direct clients of IBKR. Clients introduced through another broker or managed by an advisor may pay additional commissions set by their introducing broker or advisor. Clients should contact their introducing broker or advisor about the rates that will apply to their account.