### Stocks - Tiered Commissions

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.

 Minimum Trade Allocation Fees Minimum (trade value * 0.0005, USD 0.35) Example 1 100 Shares executed at a price of USD 10.00 allocated to two accounts (50/50): Allocation Size = 50 Trade Value = USD 500 Minimum (500 * 0.0005, USD 0.35) = Minimum (0.25, 0.35) New Tiered Commisions Per Allocation = 0.25 Example 2 50 Shares executed at a price of USD 100.55 allocated to two accounts (30/20): 30 Share Allocation Trade Value = USD 3016.50 Minimum (3016.50 * 0.0005, USD 0.35) = Minimum (1.50, 0.35) New Tiered Commission for 30 Share Allocation = USD 0.35 20 Share Allocation Trade Value = USD 2011 Minimum (2011 * 0.0005, USD 0.35) = Minimum (1, 0.35) New Tiered Commission for 20 Share Allocation = 0.35

### Stocks - Fixed Commissions

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 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

The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options".

Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.

Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.

Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.

For a list of IBG memberships worldwide, see our exchange listings.