IBKR Share CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 57.9% of retail investor accounts lose money when trading CFDs with IBKR. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Margin Rates & Financing

Margin Rates Benchmark Rates Calculations IBKR Share CFDs IBKR Index & Oil CFDs IBKR Forex CFDs IBKR Metal CFDs

IBKR Share CFDs


NOTE: Starting August 1, 2018 an additional spread of 1% will be added to the rates below for clients classified as retail clients under MIFID.

Balance Cutoffs Contract Interest Charged/Paid on Open CFD Positions
Currency Position Tier I Tier II Share CFDs
Below Tier I 		Share CFDs
Between Tier I
and Tier II		 Share CFDs
Above Tier II
AUD Long/Short 1 140,000 1,400,000 5.798% / 2.798%
(BM +/- 1.5%)		 5.798% / 2.798%
(BM +/- 1.5%)		 5.798% / 2.798%
(BM +/- 1.5%)
BRL2 Long/Short 1 500,000 5,000,000 15.9% / 11.4%
(BM + 2%/-2.5%)		 15.65% / 11.9%
(BM + 1.75%/-2.0%)		 15.4% / 12.4%
(BM + 1.5%/-1.5%)
CHF Long/Short 1 90,000 900,000 1.5% / -1.754%
(BM +/- 1.5%)		 1% / -1.254%
(BM +/- 1%)		 0.5% / -0.754%
(BM +/- .5%)
CZK Long/Short 1 N/A N/A 6.559% / 0.559%
(BM +/- 3%)		 6.559% / 0.559%
(BM +/- 3%)		 6.559% / 0.559%
(BM +/- 3%)
DKK Long/Short 1 N/A N/A 3.243% / 0.243%
(BM +/- 1.5%)		 3.243% / 0.243%
(BM +/- 1.5%)		 3.243% / 0.243%
(BM +/- 1.5%)
EUR Long/Short 1 90,000 900,000 3.732% / 0.732%
(BM +/- 1.5%)		 3.232% / 1.232%
(BM +/- 1%)		 2.732% / 1.732%
(BM +/- .5%)
GBP Long/Short 1 80,000 800,000 5.22% / 2.22%
(BM +/- 1.5%)		 4.72% / 2.72%
(BM +/- 1%)		 4.22% / 3.22%
(BM +/- .5%)
HKD Long/Short 1 780,000 7,800,000 3.481% / 0.481%
(BM +/- 1.5%)		 3.481% / 0.481%
(BM +/- 1.5%)		 3.481% / 0.481%
(BM +/- 1.5%)
JPY Long/Short 1 N/A N/A 2.33% / -0.67%
(BM +/- 1.5%)		 2.33% / -0.67%
(BM +/- 1.5%)		 2.33% / -0.67%
(BM +/- 1.5%)
NOK Long/Short 1 900,000 9,000,000 5.561% / 2.561%
(BM +/- 1.5%)		 5.061% / 3.061%
(BM +/- 1%)		 4.561% / 3.561%
(BM +/- .5%)
RUB Long N/A N/A 18.98%
(BM + 5%)		 18.98%
(BM + 5%)		 18.98%
(BM + 5%)
SEK Long/Short 1 900,000 9,000,000 3.12% / 0.12%
(BM +/- 1.5%)		 2.62% / 0.62%
(BM +/- 1%)		 2.12% / 1.12%
(BM +/- .5%)
SGD Long/Short 1 140,000 1,400,000 3.333% / -0.667%
(BM +/- 2%)		 3.333% / -0.667%
(BM +/- 2%)		 3.333% / -0.667%
(BM +/- 2%)
USD Long/Short 1 100,000 1,000,000 5.13% / 2.13%
(BM +/- 1.5%)		 4.63% / 2.63%
(BM +/- 1%)		 4.13% / 3.13%
(BM +/- .5%)
ZAR Long/Short 1 1,500,000 15,000,000 8.349% / 3.849%
(BM + 2% / -2.5%)		 8.099% / 4.349%
(BM +1.75% / -2%)		 7.849% / 4.849%
(BM +1.5% / -1.5%)


Stock Borrow Fee

An additional borrow charge is levied on short CFD Positions, determined for each stock individually based on market borrow rates. IBKR will provide non-binding, indicative borrow rates to clients. Borrow rates may change without notice over the life of the short position based on market conditions.

Futures trading at IBKR

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Disclosures
  1. For long open positions, your account will be charged interest. For short open positions, your account will generally be paid interest, except in cases where the contract interest rate is negative. When the rate is negative, your account will be charged interest.
  2. The benchmark is Brazil CETIP DI Interbank Deposit Rate. The benchmark fixing is applied as is, unlike other currencies where the rate is adjusted for market implied rates.
  • IBKR may change these rates at any time, in its sole discretion. We will publish the current rates on a best-efforts basis. Interest rates may also vary by program or arrangement. Restrictions apply. The published rates are for direct clients of IBKR. Clients introduced through another broker may receive or pay a different amount of interest at the election of the client’s introducing broker. Clients should contact their introducing broker about the rates that will apply to their account.