PRICING
Others Commissions
US SSFs - EFPs - Bonds - Mutual Funds
US SSFs
US Single Stock Futures (SSFs), ETFs with 1K Multiplier and Futures on NBIs. Your total cost will include our commissions plus any exchange, regulatory and carrying fees.
| Commissions in USD | 1.5 pbs * Trade Value |
EXCHANGE FEES
| OneChicago (“1C”) Products | 0.002% Trade Value |
| OneChicago (“1D”) Products | 0.0005% Trade Value |
CARRY FEES
| OneChicago (“1C”) Products | 0.0001% Open Position Value, charged daily |
| OneChicago (“1D”) Products | 0.00016% Open Position Value, charged daily |
CLEARING FEES
| Clearing | USD 0.05 per contract |
REGULATOR FEES
| FINRA | USD 0.00004 per contract, min 0.05 per order |
| Transaction Fees | USD 0.0021 per contract |
EFPs
EFP orders routed to IBEFP receive all-in Fixed pricing. EFP orders that are not routed to the IBEFP may be charged commissions and daily carrying fees on the stock leg and SSF leg separately.
| USD | $0.75 per contract |
Metals / Gold USD/oz. (loco London), Silver USD/oz. (loco London)
Commissions apply to all order types and use a Fixed pricing structure in which all exchange and regulatory fees are included.
| USD | 0.22bps * Trade Value | Minimum Per Order² | USD 3.00 |
STORAGE COST FEES
| All | Storage cost 0.10% per annum. |
BORROW FEES
Balance Cutoffs
| Product | All |
| Currency | USD |
Borrow Fees Charged
| Tier I | 1000000 |
| Tier II | 1000000 |
| Below Tier I | 1.926% (BM + 1%) |
| Between Tier I and Tier II | 1.426% (BM + 0.5%) |
| Above Tier II | 1.426% (BM + 0.5%) |
- Commissions apply to all order types.
- VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
- Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
- Commission models are not guaranteed to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in these commission schedule may be greater than the costs paid to the relevant exchange, regulator, clearinghouse or third party. For example, IB may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients may be less than the rebates IB receives from the relevant market.
Bonds
USA CORPORATE
| Commissions in USD | 15 pbs * Face Value | Minimum Per Order² | USD 1.50 |
USA MUNICIPAL
| Commissions in USD | 15 pbs * Face Value |
USA TREASURIES (BILLS, NOTES, BONDS)
| Commissions in USD | 3 pbs * Face Value | Minimum Per Order² | USD 7.50 |
UNITED STATES
EXTERNAL FEES
External fees are passed through at cost
| BondDesk
|
IBKRATS
|
Municenter
|
NYSE Bonds
|
TRANSACTION FEES
| FINRA Trading Activity Fee | USD 0.00075 * Quantity Sold¹ |
- Maximum USD 0.75 per trade.
- VVAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
- Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for bonds with USD 20,000 Face Value is submitted and 10,000 face value executes, then you modify the order and another 10,000 face value executes, a commission minimum where applicable would be applied to both 10,000 face value executions. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
EUROPE
| Commissions in EUR | 15 basis points * Trade Value¹ | Minimum Per Order | EUR 3.00 |
EXTERNAL FEES
External fees are passed through at cost
| Euronext Bonds
|
- Trade Value = Nominal*PriceInPercent/100.
- The exchange levies a charge of EUR 2.00 per order for each order over the exchange-allowed 5:1 order to execution ratio. New orders and order modifications count in the ratio, cancels do not.
- VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
- Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for bonds with USD 20,000 Face Value is submitted and 10,000 face value executes, then you modify the order and another 10,000 face value executes, a commission minimum where applicable would be applied to both 10,000 face value executions. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
- For example1:
Nominal = EUR 8000.
Price = 106.62 %
Total Value = 8000*106.62/100 = 8529.60
Commission 0.1 % = 8529.60 * 0.001 = EUR 8.53 - For example2:
Four orders are submitted, and each is modified one time. One execution results and the charge is EUR 6.00. The calculation is shown below:
4 orders + 4 modifications = 8 orders compared to 1 execution, giving an order to execution ratio of 8:1.
Total Value = 8000*106.62/100 = 8529.60
The difference between our order ratio of 8:1 and the exchange-allowed ratio of 5:1 is 3 (8:1 – 5:1 = 3)
3 x EUR 2.00 = EUR 6.00
HONG KONG¹ ²
| Commissions in HKD | 0.12% of Trade Value | Minimum Per Order | HKD 27 |
- Exchange and regulatory fees are not included.
- Exchange trading fees, exchange trading tariff, CCASS settlement fees, and CCASS custody fees are included. SFC transaction levy (0.003%, applies to stocks and warrants) is directly passed through to the customer.
- VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
- Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for bonds with USD 20,000 Face Value is submitted and 10,000 face value executes, then you modify the order and another 10,000 face value executes, a commission minimum where applicable would be applied to both 10,000 face value executions. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
Mutual Funds
UNITED STATES
TRANSACTION FEES
| Transaction Fees | USD 25.00 |
EUROPE
Our transparent pricing for European mutual funds includes our low broker commission, plus exchange, regulatory, and clearing fees.
| Commissions in EUR | 0.12% of Trade Value | Minimum Per Order | EUR 2.00 |
EXTERNAL FEES
| EURONEXT
|