Commissions

Futures and FOPs - Overview


Fixed

Fixed Rate Pricing
  • US Markets - Charges a fixed rate low commission plus exchange, regulatory and clearing fees.
  • Non-US Markets - Single flat rate per contract or percent of trade value, including all commissions, exchange, regulatory, clearing and overnight position fees.

View Pricing Structure



Tiered

Transparent Volume-Tiered Pricing
  • Our low broker commission, which decreases depending on volume, plus exchange, regulatory and overnight position fees.
  • If you trade in large volumes or tend to add liquidity, generally you will benefit from our Tiered structure. 1
  • Same for both US and non-US markets.

View Pricing Structure




Interactive Brokers, 64% lower than our competitors.



US Commission Rates Comparison 2 - 1 E-Mini S&P 500 Future
Interactive Brokers
$0.85
E-Trade
$1.50
Fidelity
N/A
Schwab
$3.50
TD Ameritrade
$2.25
Vanguard
N/A

Interactive Brokers has lower commission rates for larger volumes and comparable rates worldwide.



Barron's

2018 Awards

Rated #1 - Best Online Broker
Best for Option Traders
Best for Frequent Traders
Best for Occasional Traders
Lowest Cost Broker Rating
Low Cost for 17th Year in a Row 3

Disclosures
  1. IB's Tiered commission models are not intended to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in IB’s Tiered commission schedule may be greater than the costs paid by IB to the relevant exchange, regulator, clearinghouse or third party. For example, IB may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IB may be less than the rebates IB receives from the relevant market. For example, IB may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients.
  2. Rates were obtained on April 10, 2018 from each firm's website. Services vary by firms. Some of the firms listed may have additional fees and some firms may reduce or waive commissions or fees, depending on account activity or total account value. Supporting documentation for any claims and statistical information will be provided upon request.
  3. Low Cost Rated by Barron's 17 Years Straight - Low cost broker 2002 through 2018 according to Barron's online broker review. 2002 - 5 Stars, 2003 - 4.9 Stars, 2004 - 5 Stars, 2005 - 5 Stars, 2006 - 5 Stars, 2007 - 4.8 Stars, 2008 - 4.5 Stars, 2009 - 4.5 Stars, 2010 - 4.2 stars, 2011 - 4.5 stars, 2012 - 4.3 stars, 2013 - 4.5 stars, 2014 - 4.5 stars, 2015 - 4.5 stars, 2016 - 4.5 stars, 2017 - 4.5 stars, 2018 - 4.6 stars. Interactive Brokers earned a 4.6 star ranking in the March 26, 2018 Barron's Annual Best Online Brokers - “All Together Now”. Criteria included Trade Experience and Technology, Usability, Mobile, Range of Offerings, Research Amenities, Portfolio Analysis & Reports, Customer Service, Education and Security, and Costs. Barron's is a registered trademark of Dow Jones & Co. Inc.