The commission structure with IBKR Lite is as follows:
- For U.S. exchange-listed stocks and ETFs, there is unlimited commission-free trading between 4am and 8pm New York City time for stocks and ETFs priced at or above USD$1.00. Relevant US Securities and Exchange Commission (SEC) & Financial Industry Regulatory Authority (FINRA) fees may apply.
- For trades in non-exchange-listed US stocks (e.g. Pink sheet), ETFs, warrants, and other non-qualifying products, and recurring investment instructions, IBKR Lite accounts are subject to Fixed Pricing.
- For non-U.S. stocks/ETFs, options, futures and mutual funds, the commission will be Fixed Pricing.
- For forex and fixed income, the commission will be Tiered Pricing.
Please Note
- A buy-write or any combination order done in an IBKR Lite account will be charged IBKR’s standard fixed commission schedule on both the option and stock portion of the order.
- A sell order of a U.S. exchange-listed stock or ETF in an IBKR Lite account is commission free but still subject to the U.S. Securities and Exchange Commission (SEC) & Financial Industry Regulatory Authority (FINRA) fees.
- Trades executed during the overnight session (OTH) or at a price under USD$1.00 ("Sub-Dollar" trades) are commission-free in any given month for IBKR Lite clients so long as the account's total monthly volume of shares executed in the OTH or Sub-Dollar trade(s) does not exceed 10% of the account's monthly US stock trading volume (excluding trades subject to Fixed Pricing); otherwise your account will be charged the lesser of (i) USD 0.005 per share or (ii) 1% of trade value for such trades.
- Certain order types and algos available to IBKR Lite clients might not be eligible for commission-free trading. In this case clients will be notified before order submission.