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Commissions Metals

Metals Commissions

  • Transparent low commissions which decrease as order amount increases.
  • Tradable metals include US Spot Gold, London Gold, and London Silver.
  • Rates include all exchange and regulatory fees.

Gold USD/oz. (Loco London, US Spot Gold)
Silver USD/oz. (Loco London)

Commissions apply to all order types and use a pricing structure in which all exchange and regulatory fees are included.

London Gold, US Spot Gold1

Commissions Minimum per Order USD Order Amount
1.5 basis points × Trade Value USD 2.00 500,000
1.0 basis point × Trade Value N/A 500,000.01 – 1,000,000
0.7 basis point × Trade Value N/A > 1,000,000

London Silver

Commissions Minimum per Order USD Order Amount
3.0 basis points × Trade Value USD 2.00 250,000
2.0 basis points × Trade Value N/A 250,000.01 – 500,000
1.5 basis points × Trade Value N/A > 500,000

London Borrow Fees

Borrow Fees Charged USD Balance Cutoffs
1.077% (BM + 1%) 1,000,000
0.577% (BM + 0.5%) 1,000,001 - 10,000,000
0.377% (BM + 0.3%) > 10,000,000

Storage Cost Fees

Storage cost 0.10% per annum. London Gold
USD 0.15 per ounce per month2 US Gold

US Spot Gold Physical Delivery Fees

USD 500.00 IBKR Processing Fee
USD 25.00 Delivery Fee

Disclosures

  1. US Gold is only available to legal residents of the United States. US Gold is not available to legal residents of Arizona, Montana, New Hampshire, and Rhode Island.
  2. The fee will be calculated daily and charged on the third business day of the following month.

  • 1 basis point=0.0001.
  • Commissions apply to all order types.
  • All exchange and regulatory fees included.
  • 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 ounces is submitted and 100 ounces execute, then you modify the order and another 100 ounces execute, a commission minimum would be applied to both 100 ounces orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
  • VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.