Monthly Fees
Starting in June 2026, Paxos will charge a USD $0.15 per month fee for all "active" account identities — defined as any identity that has one or more open Paxos accounts, regardless of balance or trading activity — which IBKR will pass through directly to clients. The fee will be charged to the clients account in arrears which means at the start of the subsequent month.
To avoid this fee, you can remove your crypto trading permission by logging into the Client Portal, navigating to Trading Permissions, and removing Crypto trading permission. Once removed, IBKR will transmit a dormant status to Paxos, stopping the monthly fee from being charged. Note that if you previously removed crypto trading permission at IBKR but your account remained active at Paxos, IBKR will proactively transmit a dormant status to Paxos for those accounts as well.
Crypto Trading
If you wish to resume crypto trading, simply attempt to place a crypto trade and you will be automatically directed to re-add trading permission. If your account previously held crypto permissions and no key account attributes have changed, IBKR will send a reactivation message to Paxos on your behalf — bypassing the need to go through the full re-permissioning and agreements process again.
You can manage your crypto trading permissions at any time by logging into the Client Portal and navigating to Trading Permissions.