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 20240527 Rate Effective Date
USD
Reference Benchmark USD
5.330%
20240527
AED
Reference Benchmark AED
5.187%
20240527
AUD
Reference Benchmark AUD
4.195%
20240527
BGN
Reference Benchmark BGN
3.790%
20240527
BRL
Reference Benchmark BRL
10.400%
20240527
CAD
Reference Benchmark CAD
4.878%
20240527
CHF
Reference Benchmark CHF
1.376%
20240527
CNH
Reference Benchmark CNH
2.484%
20240527
CZK
Reference Benchmark CZK
5.155%
20240527
DKK
Reference Benchmark DKK
3.552%
20240527
EUR
Reference Benchmark EUR
3.939%
20240527
GBP
Reference Benchmark GBP
5.201%
20240527
HKD
Reference Benchmark HKD
4.356%
20240527
HUF
Reference Benchmark HUF
7.001%
20240527
ILS
Reference Benchmark ILS
4.008%
20240527
INR
Reference Benchmark INR
6.750%
20240527
JPY
Reference Benchmark JPY
(0.031)%
20240527
KRW
Reference Benchmark KRW
3.500%
20240527
MXN
Reference Benchmark MXN
11.109%
20240527
NOK
Reference Benchmark NOK
4.477%
20240527
NZD
Reference Benchmark NZD
5.374%
20240527
PLN
Reference Benchmark PLN
5.636%
20240527
RON
Reference Benchmark RON
5.858%
20240527
RUB
Reference Benchmark RUB
15.800%
20240527
SAR
Reference Benchmark SAR
5.924%
20240527
SEK
Reference Benchmark SEK
3.581%
20240527
SGD
Reference Benchmark SGD
3.670%
20240527
TRY
Reference Benchmark TRY
30.236%
20240527
ZAR
Reference Benchmark ZAR
8.153%
20240527
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".

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Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.

Cryptoassets are unregulated in the UK. Interactive Brokers (U.K) Limited ("IBUK") is registered with the Financial Conduct Authority as a cryptoassets firm under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.

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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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