If you are an institution, click below to learn more about our offerings for RIAs, Hedge Funds, Compliance Officers and more.

Margin Reference Benchmark Rates

Reference Benchmark Rates


IBKR's benchmark for each currency is the reference rate around which our credit, debit, stock loan and other interest rate linked calculations are determined. IBKR uses a combination of internationally recognized reference rates (such as LIBOR and Fed Funds), bank deposit rates, and dynamic interbank rates determined from foreign exchange and money markets to calculate an IBKR Reference Benchmark rate.

For more information about IBKR Reference Benchmark click here.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate click here.


Currency Description for Effective Date 20211027 Rate Effective Date
USD
Reference Benchmark USD
0.080%
20211027
USD
Reference Benchmark USD Libor
0.071%
20211027
AUD
Reference Benchmark AUD
(0.085)%
20211027
BRL
Reference Benchmark BRL
6.150%
20211027
CAD
Reference Benchmark CAD
0.161%
20211027
CHF
Reference Benchmark CHF
(0.827)%
20211027
CNH
Reference Benchmark CNH
2.175%
20211027
CZK
Reference Benchmark CZK
1.314%
20211027
DKK
Reference Benchmark DKK
(0.598)%
20211027
EUR
Reference Benchmark EUR
(0.605)%
20211027
GBP
Reference Benchmark GBP
(0.008)%
20211027
HKD
Reference Benchmark HKD
0.011%
20211027
HUF
Reference Benchmark HUF
1.736%
20211027
ILS
Reference Benchmark ILS
0.075%
20211027
INR
Reference Benchmark INR
8.700%
20211027
JPY
Reference Benchmark JPY
(0.218)%
20211027
KRW
Reference Benchmark KRW
0.750%
20211027
MXN
Reference Benchmark MXN
5.374%
20211027
NOK
Reference Benchmark NOK
0.248%
20211027
NZD
Reference Benchmark NZD
0.615%
20211027
PLN
Reference Benchmark PLN
0.181%
20211027
RUB
Reference Benchmark RUB
6.978%
20211027
SEK
Reference Benchmark SEK
(0.194)%
20211027
SGD
Reference Benchmark SGD
0.356%
20211027
TRY
Reference Benchmark TRY
16.227%
20211027
ZAR
Reference Benchmark ZAR
3.556%
20211027
Prior Period Benchmark Rates

IBKR accrues interest daily and posts actual interest monthly on the third business day of the following month. For detailed examples on how we calculate interest, open the Interest Paid to You and Interest Rates Charged to You on Margin Loan Balances sections on this page.


Futures trading at IBKR

Start trading like a professional today!

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". For a copy click here.

Your capital is at risk and your losses may exceed the value of your original investment.

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, click here.