Commissions

Metals - Pricing Structure


Gold USD/oz. (loco London), Silver USD/oz. (loco London)

Commissions apply to all order types and use a Fixed pricing structure in which all exchange and regulatory fees are included.


IB Commissions
Monthly Trade Amount Commissions Minimum per Order
All 0.15 basis point 1 *Trade Value USD 2.00

Storage Cost Fees
All Storage cost 0.10% per annum.

Borrow Fees
Balance Cutoffs Borrow Fees Charged
Product Currency Tier I Tier II Below Tier I Between Tier I and Tier II Above Tier II
All USD 1,000,000 10,000,000 2.184%
(BM + 1%)
1.684%
(BM + 0.5%)
1.484%
(BM + 0.3%)


Notes:

  1. 1 basis point=0.0001.

  • Commissions apply to all order types.
  • All exchange and regulatory fees included.
  • Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 ounces is submitted and 100 ounces execute, then you modify the order and another 100 ounces execute, a commission minimum would be applied to both 100 ounces orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
  • VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.