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 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, visit the IBKR Knowledge Base.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate, see Benchmark Interest Calculation Reference Rate Descriptions..


CurrencyDescription for Effective Date 20231129 Rate Effective Date
USD
Reference Benchmark USD
5.330%
20231129
AED
Reference Benchmark AED
5.303%
20231129
AUD
Reference Benchmark AUD
4.306%
20231129
BGN
Reference Benchmark BGN
3.767%
20231129
BRL
Reference Benchmark BRL
12.150%
20231129
CAD
Reference Benchmark CAD
4.936%
20231129
CHF
Reference Benchmark CHF
1.607%
20231129
CNH
Reference Benchmark CNH
2.652%
20231129
CZK
Reference Benchmark CZK
6.933%
20231129
DKK
Reference Benchmark DKK
3.574%
20231129
EUR
Reference Benchmark EUR
3.952%
20231129
GBP
Reference Benchmark GBP
5.225%
20231129
HKD
Reference Benchmark HKD
5.082%
20231129
HUF
Reference Benchmark HUF
11.113%
20231129
ILS
Reference Benchmark ILS
4.605%
20231129
INR
Reference Benchmark INR
9.700%
20231129
JPY
Reference Benchmark JPY
(0.080)%
20231129
KRW
Reference Benchmark KRW
3.500%
20231129
MXN
Reference Benchmark MXN
11.265%
20231129
NOK
Reference Benchmark NOK
4.094%
20231129
NZD
Reference Benchmark NZD
5.411%
20231129
PLN
Reference Benchmark PLN
5.657%
20231129
RON
Reference Benchmark RON
5.804%
20231129
RUB
Reference Benchmark RUB
15.060%
20231129
SAR
Reference Benchmark SAR
5.616%
20231129
SEK
Reference Benchmark SEK
3.972%
20231129
SGD
Reference Benchmark SGD
3.625%
20231129
TRY
Reference Benchmark TRY
28.403%
20231129
ZAR
Reference Benchmark ZAR
8.353%
20231129
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

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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".

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.

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