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Commissions Futures

Futures and FOPs Commissions

Tiered Pricing
  • Transparent and low broker commission, which decreases based on volume, plus exchange and regulatory fees.1
Fixed Pricing
  • Transparent flat-rate low commission, plus exchange, regulatory and clearing fees.
  • No overnight position fees.
United States flag

United States

United States Cost-Plus Tiered Commission per Contract

USD EUR GBP CAD CHF HKD AUD SEK SGD JPY CNH MCS Minis:
CNH
Contract Volume (per month) 2
0.85 0.65 0.60 0.85 0.95 7.00 0.95 6.50 1.20 85.00 5.50 1.10 ≤ 1,000
0.65 0.50 0.45 0.65 0.75 5.50 0.75 5.00 1.00 65.00 4.50 0.90 1,001 - 10,000
0.45 0.40 0.30 0.45 0.55 4.00 0.55 3.75 0.65 45.00 3.00 0.60 10,001 - 20,000
0.25 0.20 0.15 0.25 0.30 2.00 0.30 2.00 0.35 25.00 2.00 0.40 > 20,000

United States Cost-Plus Tiered Commission per Contract for CME Group E-mini and E-micro Products6

E-mini FX Futures CME: MES, MNQ, M2K
CBOT: MYM, 2YY, 5YY, 10Y, 30Y
NYMEX: MCL, MGC, SIL
CFE: VXM
E-micro FX Futures
USD USD USD CAD CHF JPY CNH Contract Volume (per month) 2
0.50 0.25 0.15 0.15 0.15 15.00 1.00 ≤ 1,000
0.40 0.20 0.12 0.12 0.12 12.00 0.75 1,001-10,000
0.30 0.15 0.08 0.08 0.08 8.00 0.50 10,001-20,000 Contracts
0.15 0.10 0.05 0.05 0.05 5.00 0.35 > 20,000 Contracts

United States Cost-Plus Tiered Commission per Contract Small Exchange Futures

USD
0.08 Small Exchange Futures

United States Fixed Commissions per Contract

USD EUR GBP CAD CHF HKD AUD SEK SGD JPY CNH Contract
0.85 0.65 0.60 0.85 0.95 7.00 0.95 6.50 1.20 85.00 5.50 US-Future and Future Options
0.45 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A NYBOT Russell 1000 and 2000 Index
0.50 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Globex e-mini FX Futures
0.15 N/A N/A 0.15 0.15 N/A N/A N/A N/A 15.00 1.00 Globex e-micro FX Futures
5.00 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A CFE Bitcoin - GXBT
5.00 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A CME Bitcoin Futures - BRR
5.00 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A CME Bitcoin Futures Options - BRR
2.25 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A CME Bitcoin Micro Futures- BRR (MBT)
3.00 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A CME Ethereum Futures - (ETH)
0.25 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A CME: MES, MNQ, M2K
CBOT: MYM
NYMEX: MCL, MGC, SIL
0.08 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Small Exchange Futures
Canada flag

Canada

Canada Cost-Plus Tiered Commission per Contract

Commissions Contract Volume (per month) 2
CAD 1.25 <= 1,000
CAD 0.80 1,001 - 10,000
CAD 0.60 10,001 - 20,000
CAD 0.30 > 20,000

Canada Fixed Commissions per Contract

Commissions Minimum per Order Contract
CAD 2.40 CAD 2.40 All
Mexico flag

Mexico

Mexico Fixed Commission per Contract

Commissions Minimum per Order
MXN 20.00 MXN 20.00 Forex Futures (USD)
MXN 25.00 MXN 25.00 AMXL, CEMEXCPO, FEMSAUBD, GCARSOA1, TELMEXL, Forex Futures (EUR)
MXN 40.00 MXN 40.00 BONO3, IPC Options
MXN 50.00 MXN 50.00 IPC, BONO10

Fees & Expenses

United States Overnight Position Fee per Contract 3

USD EUR GBP CAD CHF HKD AUD SEK SGD JPY CNH
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3x Margin Requirements
0.05 0.04 0.035 0.05 0.05 0.40 0.075 0.35 0.10 5.00 0.325 2x Margin Requirements
0.10 0.08 0.07 0.10 0.10 0.80 0.15 0.70 0.20 10.00 0.65 Meets Margin Requirements

United States Overnight Position Fee per Contract 3 for Globex FX E-mini and E-micro Products

E-mini FX Futures E-micro FX Futures
US USD CAD CHF JPY CNH
0.00 0.00 0.00 0.00 0.00 0.00 3x Margin Requirements
0.025 0.005 0.005 0.005 0.50 0.0325 2x Margin Requirements
0.05 0.01 0.01 0.01 1.00 0.065 Meets Margin Requirements

United States Exchange, Regulatory, and Vendor Fees 4

Canada - Overnight Position Fee per Contract 3

USD EUR GBP CAD CHF HKD AUD SEK SGD JPY CNH
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3x Margin Requirements
0.05 0.04 0.035 0.05 0.05 0.40 0.075 0.35 0.10 5.00 0.325 2x Margin Requirements
0.10 0.08 0.07 0.10 0.10 0.80 0.15 0.70 0.20 10.00 0.65 Meets Margin Requirements

Canada Exchange and Regulatory Fees

Execution Only 5

The below schedule of fees applies only to clients who execute futures trades with IBKR and then give them up for carrying by another broker.

Interactive Brokers Execution Fee per Contract

USD EUR GBP CAD CHF HKD AUD SEK SGD JPY Contract Volume
(per month) 2
0.60 0.45 0.40 0.60 0.65 5.00 0.65 4.50 0.85 60.00 ≤ 1,000
0.45 0.35 0.30 0.45 0.50 4.00 0.50 3.50 0.70 45.00 1,001 - 10,000
0.35 0.30 0.20 0.35 0.40 3.00 0.40 3.00 0.50 35.00 10,001 - 20,000
0.25 0.20 0.15 0.25 0.30 2.00 0.30 2.00 0.35 25.00 > 20,000

Disclosures

  1. 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.
  2. Volume tiers are applied based on monthly cumulative trade volume summed across all futures and futures options contracts, regardless of the exchange on which they trade, at the time of the trade. Only contracts that are traded while under the Volume Tiered pricing structure will count towards the monthly volume. Contract volumes for advisor, institutions, and broker accounts are summed across all accounts for the purpose of determining volume breaks. These fees are applied on a marginal basis for a given calendar month. If for example, you execute 1,500 US contracts in a month, your IBKR execution costs would be: 1,000 contracts at USD 0.60 and 500 contracts at USD 0.45
  3. Overnight position charges are applied for each net futures contract, net short call futures options, or net short put futures options on a single underlying for each business day the net futures position is held overnight. The overnight position fee for accounts with excess equity in between the minimum requirement and 3x the minimum will have their overnight position fees extrapolated based on the table above.
  4. Non-member exchange and regulatory fees are applied, unless a client is pre-qualified by IBKR. Contact your sales person for more information.
  5. Exchange and Regulatory fees only apply for CFE.
  6. For the purpose of determining the monthly volume tier, each Globex e-mini FX product will count as ½ the volume of one standard size future contract. Each CME Group e-micro product will count as 1/10 the volume of one standard size future contract, i.e. for every 10 e-micro Globex product traded, the monthly volume will increase by 1.

  • Commissions apply to all order types.
  • All fees are charged in the currency of the traded product.
  • 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.
  • The standard commission will be charged for the exercise or assignment of any Futures or Future Options Contract. Click here for details.
  • Single Stock Futures are not available for volume tiered pricing.