New Feature
IBKR Expanding Interest Payment Benefit to Smaller Accounts
IBKR client accounts with a Net Asset Value (NAV) of USD 100,000 (or equivalent) or more are already eligible to receive credit interest on long settled cash balances and short stock collateral values in their securities accounts.1 However, starting January 1, 2019, IBKR client accounts with a NAV of less than USD 100,000 (or equivalent) will receive credit interest on long settled cash balances and short stock collateral values in their securities accounts.
The interest these clients receive will be proportional to the size of the account. For example, an account with a NAV of USD 50,000 would receive credit interest at a rate half that of an account with a NAV of USD 100,000 or greater.
IBKR is committed to helping you minimize costs to maximize returns. We pay our clients competitive interest on cash balances and offer extremely low commissions to invest in stocks, options, futures, forex and fixed income products in more than 120 markets. In addition, we offer some of the lowest borrowing rates in the industry.