Our Fixed pricing for stocks, ETFs (Exchange Traded Products, or ETPs) and warrants charges a fixed amount per share or a set percent of trade value, and includes all IB commissions, exchange and most regulatory fees with the exception of the transaction fees, which are passed through on all stock sales. In the event that IB receives a rebate for executing a trade in a Regulation NMS stock at a market-maker, dark pool, or with a liquidity provider in the IB ATS, IB will pass the full amount of that rebate to Fixed-commission customers as a commission discount.
Fixed | Minimum Per Order | Maximum Per Order |
---|---|---|
No Transaction Fee ETFs | USD 0.00 | USD 0.00 |
USD 0.005 per share | USD 1.00 | 1.0% of trade value 1, 7 |
Example
100 Shares @ USD 25 Share Price = USD 1.00 1,000 Shares @ USD 25 Share Price = USD 5.00 1,000 Shares @ USD 0.25 Share Price = USD 2.50 |
Value | Fixed | Minimum Per Order | Maximum Per Order |
---|---|---|---|
All | USD 0.0075 per share | USD 1.00 | 1% of trade value 1 |
Example
500 Shares @ USD 25 Share Price = USD 3.75 |
Remove Liquidity | Add Liquidity | |
---|---|---|
Directed orders | N/A 4 | N/A |
Smart-routed orders9 | Variable (see note) | N/A |
Remove Liquidity | Add Liquidity | |
---|---|---|
Directed orders | N/A 4 | Normal commission applies |
Smart-routed orders10 | Variable (see note) | Variable (see note) |
Fee |
---|
Normal commission applies plus USD 0.0010 per share |
(Stocks, ETF, Warrants, Rights, Voting Trust Certificates) | USD 0.0000051 * Value of Aggregate Sales |
FINRA Trading Activity Fee | USD 0.00013 * Quantity Sold 8 |
We charge a minimum fee for US stock trades allocated by Advisors or Brokers to their clients. By default, the allocation minimum is charged to the client account unless there is a specific rate arrangement between the client and the master account. Advisors can elect to charge the allocation minimum fee to their master account.
US Stocks | Minimum (trade value * 0.0005, USD 1) | ||
Example 1
100 Shares executed at a price of USD 100.00 allocated to two accounts (50/50): Allocation Size = 50 Trade Value Per Allocation = USD 5,000 Minimum (5000 * 0.0005, USD 1) = Minimum (2.5, 1) New Total Fixed Commission Per Allocation = 1.00 |
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Example 2
100 Shares executed at a price of USD 24.00 allocated to two accounts (50/50): Allocation Size = 50 Trade Value Per Allocation = USD 1200 Minimum (1200 * 0.0005, USD 1) = (0.6, 1) New Total Fixed Commission Per Allocation = 0.60 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
CAD 0.01 per share | CAD 1.00 | 0.5% of trade value 1, 2 | |
USD 0.08 per share11 | USD 0.80 | 0.5% of trade value 1, 2 | |
Example
100 Shares @ CAD 25 Share Price = CAD 1.00 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
MXN 0.1% of trade value | MXN 60.00 | N/A | |
Example
700 Shares @ MXN 100 Share Price = MXN 70.00 |
Notes:
Our Fixed pricing for stocks, ETFs and warrants charges a fixed amount per share or a set percent of trade value, and includes all IB commissions, exchange and regulatory fees.
Fixed | |||
---|---|---|---|
EUR-denominated1 | EUR 3.00 for trades up to EUR 6,000 | 0.05% of trade value for trades over EUR 6,000 | |
GBP-denominated | GBP 3.00 for trades up to GBP 6,000 | 0.05% of trade value for trades over GBP 6,000 | |
CHF-denominated | CHF 5.00 for trades up to CHF 10,000 | 0.05% of trade value for trades over CHF 10,000 | |
USD-denominated2 | USD 4.00 for trades up to USD 8,000 | 0.05% of trade value for trades over USD 8,000 | |
Example
EUR-denominated: 75 Shares @ EUR 80 Share Price = EUR 3.00 GBP-denominated: 150 Shares @ GBP 40 Share Price = GBP 3.00 CHF-denominated: 200 Shares @ CHF 50 Share Price = CHF 5.00 USD-denominated: 250 Shares @ USD 32 Share Price = USD 4.00 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
All | 0.1% of trade value | EUR 4.00 | None |
Example
100 Shares @ EUR 40 Share Price = EUR 4.00 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
All | 0.2% of trade value | EUR 10.00 | None |
Example
100 Shares @ EUR 50 Share Price = EUR 10.00 250 Shares @ EUR 25 Share Price = EUR 12.50 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
Direct Routed | 0.1% of trade value | EUR 4.00 | None |
Example
100 Shares @ EUR 40 Share Price = EUR 4.00 250 Shares @ EUR 25 Share Price = EUR 6.25 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
Direct Routed | 0.1% of trade value | EUR 4.00 USD6.002 |
None |
Example
100 Shares @ EUR 40 Share Price = EUR 4.00 250 Shares @ EUR 25 Share Price = EUR 6.25 200 Shares @ USD 30 Share Price = USD 6.00 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
SWB, SWB Warrants | 0.12% of trade value | EUR 6.00 | None |
GETTEX - Stocks and Warrants | 0.05% of trade value | EUR 1.25 | None |
Other Direct Routed Orders | 0.1% of trade value | EUR 4.00 | None |
Example
SWB: 100 Shares @ EUR 50 Share Price = EUR 6.00 400 Shares @ EUR 15 Share Price = EUR 7.20 GETTEX - Stocks and Warrants: 100 Shares @ EUR 25 Share Price = EUR 1.25 500 Shares @ EUR 12 Share Price = EUR 3.00 All Other Direct Routed: 100 Shares @ EUR 40 Share Price = EUR 4.00 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
All | 0.1% of trade value | HUF 200 | None |
Example
800 Shares @ HUF 250 Share Price = HUF 200.00 1,000 Shares @ HUF 300 Share Price = HUF 300.00 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
All | 0.1% of trade value | ILS 15 | None |
Example
200 Shares @ ILS 75 Share Price = ILS 15.00 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
Warrants & Structured Products | 0.1% of trade value | EUR 6.00 | None |
Other Direct Routed Orders | 0.1% of trade value | EUR 4.00 | None |
Example
Warrants & Structured Products: 120 Shares @ EUR 50 Share Price = EUR 6.00 150 Shares @ EUR 60 Share Price = EUR 9.00 All Other Direct Routed Orders: 100 Shares @ EUR 40 Share Price = EUR 4.00 250 Shares @ EUR 30 Share Price = EUR 7.50 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
Direct Routed | 0.1% of trade value | EUR 4.00 USD 6.002 |
None |
Example
100 Shares @ EUR 40 Share Price = EUR 4.00 250 Shares @ EUR 25 Share Price = EUR 6.25 120 Shares @ USD 50 Share Price = USD 6.00 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
All | 0.05% of trade value | NOK 49.00 | None |
Example
100 Shares @ NOK 50 Share Price = NOK 49.00 1,000 Shares @ NOK 150 Share Price = NOK 75.00 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
All | 0.1% of trade value | PLN 15.00 | None |
Example
200 Shares @ PLN 75 Share Price = PLN 15.00 500 Shares @ PLN 55 Share Price = PLN 27.50 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
All | 0.15% of trade value | EUR 6.00 | None |
Example
100 Shares @ EUR 50 Share Price = EUR 7.50 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
Direct Routed | 0.1% of trade value | EUR 4.00 | None |
Example
100 Shares @ EUR 40 Share Price = EUR 4.00 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
SEK-denominated | 0.05% of trade value | SEK 49.00 | None |
EUR-denominated | 0.10% of trade value | EUR 4.00 | None |
Example
100 Shares @ SEK 50 Share Price = SEK 49.00 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
USD-denominated ETFs, Warrants & Structured Products | 0.1% of trade value | USD 10.002 | None |
Other Direct Routed Orders | 0.1% of trade value | CHF6.00 EUR 4.00 GBP 6.00 USD 6.00 |
None |
Example
120 Shares @ CHF 50 Share Price = CHF 6.00 100 Shares @ EUR 50 Share Price = EUR 5.00 240 Shares @ GBP 25 Share Price = GBP 6.00 100 Shares @ USD 60 Share Price = USD 6.00 |
Fixed | Minimum Per Order | Maximum Per Order | |
---|---|---|---|
Direct Routed | 0.1% | GBP 4.00 EUR 4.00 USD 6.002 |
None |
Example
100 Shares @ GBP 40 Share Price = GBP 4.00 500 Shares @ GBP 15 Share Price = GBP 7.50 80 Shares @ EUR 50 Share Price = EUR 4.00 100 Shares @ USD 60 Share Price = USD 6.00 |
Notes:
Our Fixed pricing for stocks, ETFs and warrants charges a fixed amount per share or a set percent of trade value, and includes all IB commissions, exchange and regulatory fees.
Tier | Fixed | Minimum Per Order | Maximum Per Order |
---|---|---|---|
All | 0.08% of trade value | AUD 6.00 | N/A |
Example
400 shares@ AUD 50 Share Price= AUD 16 |
Tier | Fixed | Minimum Per Order | Maximum Per Order |
---|---|---|---|
SEHK Stocks | 0.08% of trade value | HKD 18 | N/A |
SEHK Warrants, Structured Products | 0.08% of trade value | HKD 10 | N/A |
Shanghai-Hong Kong Connect and Shenzhen-Hong Kong Connect Stocks | 0.08% of trade value | CNH 15 | N/A |
Example
400 shares@ HKD 70 Share Price= HKD 22.40 |
Product | Standard | Minimum | Maximum |
---|---|---|---|
Stocks6 | 1 bps | INR 6 | INR 20 |
Tier | Fixed | Minimum Per Order | Maximum Per Order |
---|---|---|---|
All | 0.08% of trade value | JPY 80 | N/A |
Example
100 Shares @ JPY 10,000 Share Price= JPY 800 |
Tier | Fixed | Minimum Per Order | Maximum Per Order |
---|---|---|---|
All | 0.08% of trade value |
SGD 2.50 USD 2.00 HKD 14.50 GBP 1.40 EUR 2.00 |
N/A |
Example
100 Shares @ SGD 50 Share Price= SGD 4 |
Notes: