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United States - Alternate Exchange Commissions

US API Direct Routed Orders1

Monthly Volume (shares)1,7 IBKR Pro - Tiered IBKR Pro - Fixed IBKR Lite
All N/A USD 0.0075 N/A
Minimum per order N/A USD 1.00 N/A
Maximum per order N/A 1% of Trade Value2 N/A

DARK

Remove Liquidity Add Liquidity
Direct Routed Orders N/A3 N/A
IB Smart-RoutedSM Orders N/A4 N/A

IBKRATS

Remove Liquidity Add Liquidity
Direct Routed Orders N/A3 Standard commission applies
IB Smart-RoutedSM Orders Variable5 Variable5

CSFB ALGO, CSFB PATH, JEFFALGO and FOXRIVER ALGO

IBKR Pro - Tiered IBKR Pro - Fixed IBKR Lite
All Normal commission applies + USD 0.0010 per share Normal commission applies + USD 0.0010 per share Normal commission applies + USD 0.0010 per share

Disclosures

  1. This charge does not apply to relative, pegged to market and pegged to midpoint orders.
  2. Plus the applicable exchange, ECN and/or specialist fees based on execution venue.
  3. Directed orders to IBKRATS that are marketable will generally be rejected.
  4. In the event IBKR receives a rebate from a liquidity provider, the full rebate will be passed through in the form of a reduction to the standard U.S. Stock commission. Should IBKR receive no rebate on the execution, standard U.S. Stock commissions will apply.
  5. In the event your order crosses another IBKR Client order, the standard U.S. Stock commission minus 0.0007 per share will be charged. In the event IBKR receives a rebate from a liquidity provider, the full rebate will be passed through in the form a reduction to the standard U.S. Stock commission. Should IBKR receive no rebate on the execution, standard U.S. Stock commissions will apply.

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.