Up to USD 10 per month (less commission paid that month)
Interest Paid on Idle Cash Balances2
Benchmark minus 1.5%
Benchmark minus 0.5%
Interest Charged for Margin Loan
Benchmark plus 2.5%
Begins at Benchmark plus 1.5%, with lower rates for higher loan values.3
Stock Yield Enhancement Program
Free streaming market data for US listed stocks and ETFs
Premium Subscriptions Available
Trader Workstation (TWS)
IBKR Web Trader
Order Types & Algos
Mutual Fund / ETF Replicator
Where available in North America.
Accounts with a NAV of less than USD 100,000 (or equivalent) will be paid at a rate proportional to accounts with a NAV of USD 100,000 (or equivalent) or more. The proportion is determined by the ratio of the account's NAV to USD 100,000 (or equivalent). The negative rate applied to accounts holding these currencies is the same regardless of account size.
We understand your investment needs change over time. You can switch between the IBKR Lite and IBKR Pro plan at any time. Your first three reclassifications are processed on a weekly basis while subsequent reclassifications happen on a quarterly basis.
Futures commission rates:
__% lower than our competitors.
US Commission Rates Comparison 2 —1 E-Mini S&P 500 Future
Interactive Brokers has lower commission rates for larger volumes and comparable rates worldwide.
Rated #1 - Best Online Broker
Best for Mobile Traders
Best for Frequent Traders
Best for International Traders
Lowest Cost Broker
Rated Low Cost Online Broker for 18 Years in a Row 3
IBKR's Tiered commission models are not intended to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in IBKR’s Tiered commission schedule may be greater than the costs paid by IBKR to the relevant exchange, regulator, clearinghouse or third party. For example, IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients.
Rates were obtained on September 25, 2019 from each firm's website. Services vary by firms. Some of the firms listed may have additional fees and some firms may reduce or waive commissions or fees, depending on account activity or total account value. Supporting documentation for any claims and statistical information will be provided upon request.
Low Cost Rated by Barron's 18 Years Straight - Low cost broker 2002 through 2019 according to Barron's online broker review. 2002 - 5 Stars, 2003 - 4.9 Stars, 2004 - 5 Stars, 2005 - 5 Stars, 2006 - 5 Stars, 2007 - 4.8 Stars, 2008 - 4.5 Stars, 2009 - 4.5 Stars, 2010 - 4.2 stars, 2011 - 4.5 stars, 2012 - 4.3 stars, 2013 - 4.5 stars, 2014 - 4.5 stars, 2015 - 4.5 stars, 2016 - 4.5 stars, 2017 - 4.5 stars, 2018 - 4.5 stars, 2019 - "Interactive Brokers continues to lead as well in terms of pricing". Interactive Brokers earned a 4.5 star ranking in the February 25, 2019 Barron's Annual Best Online Brokers - “Best Online Brokers of 2019”. Criteria included Trade Experience and Technology, Usability, Mobile, Range of Offerings, Research Amenities, Portfolio Analysis & Reports, Customer Service, Education and Security, and Costs. Barron's is a registered trademark of Dow Jones & Co. Inc.
Futures and FOPs - Overview
Zero commission trading on US listed stocks and no account minimums.
Account types include: Individuals, Joint, Trust and IRAs