Why was I charged fixed commission on my Spanish stocks trade?

Clients may select between Fixed Rate Pricing and Tiered Pricing for a number of asset classes.

• The Fixed Rate schedule offers a fixed rate low commission per share or as a percent of trade value. With some exceptions, such as US stock transaction fees, the Fixed Rate pricing schedule will include all external costs…

IBKR offers two types of commission structures: Fixed and Tiered. Commission for the Fixed structure is 0.08% of trade value with a minimum per order of AUD 6.

More information on commissions, including details on the Tiered pricing structure for ASX…

Fixed and Tiered pricing commissions are charged per order, that is each purchase order and each sale order is charged separately, as described on our website.

Extensive information on commissions…

BM is the code used in the IBKR trading platforms for Bolsa de Madrid, the Spanish Exchange.

For more information on the available exchanges, visit the Exchange Listings page on our website…