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Commissions & Fees

COMMISSIONS

Trade More for Less
 With Clear, Low Commissions.

IBKR charges commissions to deliver professional execution, not hidden costs. Trade global markets with low commissions that help you keep more of your performance. We offer the tools, data and execution quality serious investors rely on as they advance.

  • Low commissions available for US stocks and ETFs
  • Low margin rates and high interest paid on uninvested cash
  • No added spreads, account minimums, or hidden fees

Stocks/ETFs

Stocks/ETFs Commissions

TIERED

USD 0.0005 - 0.0035 per share

FIXED

USD 0.005 per share

Options

Options Commissions

TIERED

USD 0.15 - 0.65 per contract

FIXED

USD 0.65 per contract

Futures

Futures Commissions

TIERED

USD 0.25 - 0.85 per contract

FIXED

USD 0.85 per contract

Spot Currencies

Spot Currencies Commissions

0.08 - 0.20 bps x Trade Value

Spreads as narrow as 1/10 PIP

Bonds

Bonds Commissions

10 bps x Face Value

Mutual Funds

Mutual Funds Commissions

3% (max USD 14.95) x Trade Value

No Fee Funds: $0 per transaction

Choose Your Pricing Plan

We offer flexible pricing plans tailored to your trading style, volume and frequency.

See All Commissions

Choose your plan during account setup.

Fixed Pricing

Designed for Active Traders.

USD 0.005

US stocks and ETFs per share (min)

  • Single per-share rate that covers all transaction costs
  • Access IB SmartRoutingSM system
  • Predictable cost structure with fixed rate simplicity
  • Minimum per order:
    USD 1.00
  • Maximum per order:
    1 percent of trade value

Why choose
 Fixed Pricing?

All-inclusive pricing that includes all exchange, clearing and regulatory fees.

Tiered Pricing

Designed for High Volume Traders.

USD 0.0005 to USD 0.0035

US stocks and ETFs per share

  • Rates fall as monthly volume rises
  • Exchange rebates passed through
  • Access IB SmartRoutingSM system
  • Low minimum per order: USD 0.35
  • Full transparency on execution costs

Why choose
 Tiered Pricing?

Lower rates for higher volume. Direct pass-through of exchange, regulatory, and clearing fees.

Exchange, clearing and regulatory fees apply. Minimum order fees apply.

See All Commissions

Choose your plan during account setup.

More Than Low Commissions

IBKR pricing helps you keep costs down and support stronger long-term performance.

Best Execution

Our smart routing technology searches for the best available price for your order at the time of execution, potentially saving you more than the commission cost.

Learn About BestXSM

Financial Strength

Trade with confidence knowing you're with a broker that maintains significant excess capital and automated risk controls.

IBKR Protection

Lowest Margin Rates

Access margin rates significantly lower than the industry average, allowing you to leverage your portfolio more efficiently.

Compare Margin Rates

Get Started

Trade with a broker built for investors who look beyond free trades.

Disclosures

  1. Low commissions do not eliminate the risks associated with trading. All investments involve risk, including the possible loss of principal, and investors should carefully consider their investment objectives and risk tolerance before trading.
  2. According to StockBrokers.com Interactive Brokers Review: Read the full article Online Broker Reviews, January 28, 2026. "The industry’s cost leader: Interactive Brokers continues to set the benchmark for cost efficiency, offering margin rates and high yields on idle cash that consistently outperform the competition." View our margin rates for more information.
  • 1 basis point=0.0001.
  • IBKR may change these rates at any time in its sole discretion. Commission rates may also vary by program or arrangement. Restrictions apply. The published rates are for direct clients of IBKR. Clients introduced through another broker or managed by an advisor may pay additional commissions set by their introducing broker or advisor. Clients should contact their introducing broker or advisor about the rates that will apply to their account.