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Fees Charged to Offset Small Exchange (SMFE) Fees Paid by IBKR

Exchange Fee Recovery Charge 1

Product Group Tier I
All USD 0.15

Regulatory Fee Recovery Charge 2

Product Group Tier I
All USD 0.02

Clearing Fee

Product Group Tier I
Trades of 1 - 1,222 contract USD 0.045 per contract
Trades > 1,222 contract USD 55.00 per trade


  • PLEASE NOTE: Aside from the commission, fees charged to clients by IBKR, including but not limited to those listed on this website, are intended to cover the costs of execution, including exchange fees. Such fees generally reflect the exchange fee structure, but in certain circumstances may be higher or lower than the fees charged by the exchange.
  1. Small Exchange subscribers are entitled to a rebate or exchange fee reduction when they trade Small Exchange products. As of June 2020 the reduced exchange fee is $0.07 per contract. For more information on rebate programs contact memberpricing@interactivebrokers.com.
  2. Regulatory fees are assessed by the National Futures Association (NFA).

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.