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IBKR Share CFDs

Margin Rates & Financing

Margin Rates Reference
 Benchmark Rates Calculations IBKR Share CFDs IBKR Index CFDs IBKR Forex CFDs Metal CFDs

Contract Interest is calculated daily on all open CFD positions held at the close of the trading session, and is applied as a blended rate based on notional balances as shown below.

IBKR Share CFDs


Balance Cutoffs Contract Interest Charged/Paid on Open CFD Positions
Currency Position Tier I Tier II Share CFDs
Below Tier I 		Share CFDs
Between Tier I
and Tier II		 Share CFDs
Above Tier II
AUD Long/Short 1 140,000 1,400,000 2.494% / -0.506%
(BM +/- 1.5%)		 2.494% / -0.506%
(BM +/- 1.5%)		 2.494% / -0.506%
(BM +/- 1.5%)
BRL2 Long/Short 1 500,000 5,000,000 15.15% / 10.65%
(BM + 2%/-2.5%)		 14.9% / 11.15%
(BM + 1.75%/-2.0%)		 14.65% / 11.65%
(BM + 1.5%/-1.5%)
CHF Long/Short 1 90,000 900,000 1.5% / -1.834%
(BM +/- 1.5%)		 1% / -1.334%
(BM +/- 1%)		 0.5% / -0.834%
(BM +/- .5%)
CZK Long/Short 1 N/A N/A 9.63% / 3.63%
(BM +/- 3%)		 9.63% / 3.63%
(BM +/- 3%)		 9.63% / 3.63%
(BM +/- 3%)
DKK Long/Short 1 N/A N/A 1.5% / -2.179%
(BM +/- 1.5%)		 1.5% / -2.179%
(BM +/- 1.5%)		 1.5% / -2.179%
(BM +/- 1.5%)
EUR Long/Short 1 90,000 900,000 1.5% / -2.108%
(BM +/- 1.5%)		 1% / -1.608%
(BM +/- 1%)		 0.5% / -1.108%
(BM +/- .5%)
GBP Long/Short 1 80,000 800,000 2.764% / -0.236%
(BM +/- 1.5%)		 2.264% / 0.264%
(BM +/- 1%)		 1.764% / 0.764%
(BM +/- .5%)
HKD Long/Short 1 780,000 7,800,000 1.732% / -1.268%
(BM +/- 1.5%)		 1.732% / -1.268%
(BM +/- 1.5%)		 1.732% / -1.268%
(BM +/- 1.5%)
JPY Long/Short 1 N/A N/A 1.5% / -1.965%
(BM +/- 1.5%)		 1.5% / -1.965%
(BM +/- 1.5%)		 1.5% / -1.965%
(BM +/- 1.5%)
NOK Long/Short 1 900,000 9,000,000 2.651% / -0.349%
(BM +/- 1.5%)		 2.151% / 0.151%
(BM +/- 1%)		 1.651% / 0.651%
(BM +/- .5%)
RUB Long N/A N/A 13.99%
(BM + 5%)		 13.99%
(BM + 5%)		 13.99%
(BM + 5%)
SEK Long/Short 1 900,000 9,000,000 1.565% / -1.435%
(BM +/- 1.5%)		 1.065% / -0.935%
(BM +/- 1%)		 0.565% / -0.435%
(BM +/- .5%)
SGD Long/Short 1 140,000 1,400,000 3.65% / -0.35%
(BM +/- 2%)		 3.65% / -0.35%
(BM +/- 2%)		 3.65% / -0.35%
(BM +/- 2%)
USD Long/Short 1 100,000 1,000,000 3.071% / 0.071%
(BM +/- 1.5%)		 2.571% / 0.571%
(BM +/- 1%)		 2.071% / 1.071%
(BM +/- .5%)
ZAR Long/Short 1 1,500,000 15,000,000 6.051% / 1.551%
(BM + 2% / -2.5%)		 5.801% / 2.051%
(BM +1.75% / -2%)		 5.551% / 2.551%
(BM +1.5% / -1.5%)


Stock Borrow Fee

An additional borrow charge is levied on short CFD Positions, determined for each stock individually based on market borrow rates. IBKR will provide non-binding, indicative borrow rates to clients. Borrow rates may change without notice over the life of the short position based on market conditions.

Futures trading at IBKR

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Disclosures
  1. For long open positions, your account will be charged interest. For short open positions, your account will generally be paid interest, except in cases where the contract interest rate is negative. When the rate is negative, your account will be charged interest.
  2. The benchmark is Brazil CETIP DI Interbank Deposit Rate. The benchmark fixing is applied as is, unlike other currencies where the rate is adjusted for market implied rates.