Interactive Brokers

Interest and Financing

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Interest Rates Charged to You on Margin Loan Balances

When calculating rates, keep in mind that IB uses a blended rate based on the tiers below. For example, for a balance over 1,000,000 USD, the first 100,000 is charged at the Tier I rate, the next 900,000 at the Tier II rate, etc. When determining the quoted spread, IB will use the greater of the benchmark rate and 0.

IB accrues interest on a daily basis and posts actual interest monthly on the 3rd business day of the following month.

The tiers which interest is based upon may change from time-to time without prior notification to customers. Such adjustments are done periodically to adjust for changes in currency rates.

Balance


BM = Benchmark Rate

Currency Tier Rate Charged
USD 0 - 100,000 1.61% (BM + 1.5%)
  100,000.01 - 1,000,000 1.11% (BM + 1%)
  1,000,000.01 - 3,000,000 0.61% (BM + 0.5%)
  3,000,000.01 - 200,000,000 Greater of 0.5% or (BM + 0.25%)
  200,000,000.01 + Greater of 0.5% or (BM + 0.25%) See note below
AUD 0 - 100,000 3.75% (BM + 1.5%)
  100,000.01 - 1,000,000 3.25% (BM + 1%)
  1,000,000.01 - 200,000,000 2.75% (BM + 0.5%)
  200,000,000.01 + 2.75% (BM + 0.5%) See note below
CAD 0 - 100,000 2.25% (BM + 1.5%)
  100,000.01 - 1,000,000 1.75% (BM + 1%)
  1,000,000.01 - 200,000,000 1.25% (BM + 0.5%)
  200,000,000.01 + 1.25% (BM + 0.5%) See note below
CHF 0 - 100,000 1.5% (BM + 1.5%)
  100,000.01 - 1,000,000 1% (BM + 1%)
  1,000,000.01 - 200,000,000 0.5% (BM + 0.5%)
  200,000,000.01 + 0.5% (BM + 0.5%) See note below
CNY/CNH 0 - 625,000 4.28% (BM + 2.5%)
  625,000.01 - 6,250,000 3.78% (BM + 2%)
  6,250,000.01 - 125,000,000 3.28% (BM + 1.5%)
  125,000,000.01 + 3.28% (BM + 1.5%) See note below
CZK 0 - 400,000,000 3.15% (BM + 3%)
  400,000,000.01 + 3.15% (BM + 3%) See note below
DKK 0 - 120,000,000 3% (BM + 3%)
  120,000,000.01 + 3% (BM + 3%) See note below
EUR 0 - 75,000 1.5% (BM + 1.5%)
  75,000.01 - 750,000 1% (BM + 1%)
  750,000.01 - 150,000,000 0.5% (BM + 0.5%)
  150,000,000.01 + 0.5% (BM + 0.5%) See note below
GBP 0 - 65,000 1.979% (BM + 1.5%)
  65,000.01 - 650,000 1.479% (BM + 1%)
  650,000.01 - 130,000,000 0.979% (BM + 0.5%)
  130,000,000.01 + 0.979% (BM + 0.5%) See note below
HKD 0 - 780,000 2.552% (BM + 2.5%)
  780,000.01 - 7,800,000 2.052% (BM + 2%)
  7,800,000.01 - 780,000,000 1.552% (BM + 1.5%)
  780,000,000.01 + 1.552% (BM + 1.5%) See note below
HUF 0 - 4,500,000,000 7.01% (BM + 5%)
  4,500,000,000.01 + 7.01% (BM + 5%) See note below
ILS 0 - 80,000,000 5.1% (BM + 5%)
  80,000,000.01 + 5.1% (BM + 5%) See note below
INR All 13.25% (BM + 3%)
JPY 0 - 10,000,000 1.536% (BM + 1.5%)
  10,000,000.01 - 100,000,000 1.036% (BM + 1%)
  100,000,000.01 - 20,000,000,000 0.536% (BM + 0.5%)
  20,000,000,000.01 + 0.536% (BM + 0.5%) See note below
KRW 0 - 120,000,000 4% (BM + 2%)
  120,000,000.01 - 1,200,000,000 3.5% (BM + 1.5%)
  1,200,000,000.01 - 24,000,000,000 3% (BM + 1%)
  24,000,000,000.01 + 3% (BM + 1%) See note below
MXN 0 - 1,300,000 6.292% (BM + 3%)
  1,300,000.01 - 13,000,000 5.292% (BM + 2%)
  13,000,000.01 - 260,000,000 4.792% (BM + 1.5%)
  260,000,000.01 + 4.792% (BM + 1.5%) See note below
NOK 0 - 600,000 2.73% (BM + 1.5%)
  600,000.01 - 6,000,000 2.23% (BM + 1%)
  6,000,000.01 - 600,000,000 1.73% (BM + 0.5%)
  600,000,000.01 + 1.73% (BM + 0.5%) See note below
NZD 0 - 130,000 5% (BM + 1.5%)
  130,000.01 - 1,300,000 4.5% (BM + 1%)
  1,300,000.01 - 130,000,000 4.25% (BM + 0.75%)
  130,000,000.01 + 4.25% (BM + 0.75%) See note below
RUB 0 - 660,000,000 20.54% (BM + 5%)
  660,000,000.01 + 20.54% (BM + 5%) See note below
SEK 0 - 700,000 1.5% (BM + 1.5%)
  700,000.01 - 7,000,000 1% (BM + 1%)
  7,000,000.01 - 700,000,000 0.5% (BM + 0.5%)
  700,000,000.01 + 0.5% (BM + 0.5%) See note below
SGD 0 - 130,000 2.036% (BM + 1.5%)
  130,000.01 - 1,300,000 1.536% (BM + 1%)
  1,300,000.01 - 130,000,000 1.036% (BM + 0.5%)
  130,000,000.01 + 1.036% (BM + 0.5%) See note below
  • Note:
    May be subject to a 1% surcharge applied to the spread if financing is not pre-arranged.