Stock Trading: Trade Stocks Online
PRODUCTS
Trade Stocks Globally from a
Single Screen
The IBKR Advantage
- £3/€3 per trade for Western European stocks with no added spreads, account minimums or platform fees
- Low commissions on US stocks with commissions just USD 0.0005 to USD 0.0035 per share with IB SmartRoutingSM
- Trade stocks globally on 90+ market centers
- Lowest financing rates in the industry
- Professional trading platforms, mobile apps, order types, and tools
- Transparent shortable inventory and pricing
- Fractional Shares let you invest regardless of share price
- Earn extra income on your fully paid shares
Zero Commission Isn't the Same as Free
Interactive Brokers clients receive significant savings vs. other brokers
US Stock Trading Costs for UK Residents
The comparison to other providers is based on the rates published on their websites as of August 3, 2026 for deals in US stocks. Providers' account types used for this illustration are what we consider default standard tier.1
See Notes and Disclaimers for complete information.
| Total Trade Cost2 | Advertised Rates3 | |||
|---|---|---|---|---|
| Broker | 100 shares £5,000 |
200 shares £10,000 |
US Stock Commission |
EXTRA FX FEE |
| Interactive Brokers | £1.77 | £3.55 | USD 0.00354 | 0.03%4 |
| Robinhood UK | £6.25 | £12.50 | USD 0.005 | 0.10%5 |
| Saxo | £11.50 | £23.00 | 0.03%6 | 0.20%6 |
| Degiro | £13.36 | £25.86 | €1.007 | 0.25%7 |
| eToro | £37.50 | £75.00 | £0.008 | 0.75%8 |
| Interactive Investor | £41.49 | £78.99 | £3.999 | 0.75%9 |
| AJ Bell | £42.50 | £80.00 | £5.0010 | 0.75%10 |
| FreeTrade | £49.50 | £99.00 | USD 0.0011 | 0.99%11 |
| Hargreaves Lansdown | £56.45 | £105.95 | £6.9512 | 0.99%12 |
| Revolut | £62.50 | £125.00 | 0.25%13 | 1.00%13 |
- DISCLAIMER: Comparison to other providers is based on our understanding of their published rates for trading US shares available on their websites as of August 3, 2026. Some providers offer multi currency accounts which were not considered in the comparison. We assumed account base currency is GBP and that a FX conversion to USD is required. The comparison is shown for illustrative purposes only. For confirmation of the most up to date competitor rates on different account types and product information you should visit their websites.
- Total cost considers execution commission and FX conversion costs charged by the providers. In the case of IBKR, and some other providers where readily disclosed, we have additionally included regulatory, clearing and exchange fees that are passed through to the client on a transactional basis.
- For comparison purposes, we have converted "Advertised Rates" to GBP. The USD/GBP FX rate we used in the comparison table is 0.74129
- IBKR, tiered stock commissions of $0.0035 per share + exchange, regulatory and clearing fees. Assumed auto currency conversion charge of 0.03%. Full rate card is available by visiting ibkr.co.uk/commissions.
- Robinhood weekday currency conversion of 0.10% applied. Assumed a market order which is assessed a spread fee estimated at 0.025% from the midpoint.
- Saxo's VIP account type used with VIP currency conversion fee of 0.20%. Custody Fee is not included.
- Degiro fees per fee schedule on Degiro UK website. €1.00 per trade transaction fee + €1.00 per trade handling fee. Assumed that the trade is placed via Auto FX Trader. Does not include €2.50 Connectivity Fee.
- eToro offers commission-free US stock trades for UK residents. FX conversion fee is 0.75% for general accounts that do not have the club discount.
- Interactive Investor's £3.99 commission rate is for the Core account type. FX conversion rates of 0.75%. The illustration does not include cost of the account monthly service plan.
- AJ Bell's FX conversion rates are tiered. Commissions lowered to £3.50 if 10 trades or more are completed in the previous month. Account charge not included.
- Rate for Basic Investment Account type at Freetrade. FX Rate on non-GBP transactions is 0.99%.
- Hargreaves Lansdown's £6.95 commission rate is based on 0-19 deals in the previous month. FX conversion rates are tiered based on the deal value.
- Rate for Revolut Standard account offers 1 free order then charges 0.25% of trade value. FX fee for Standard is 1%.
When you invest, your capital is at risk. The value of your portfolio can go down as well as up, and you may get back less than you invest.
| Calculation Example - US Stock trade at IBKR UK | ||
|---|---|---|
| 100 shares, 5,000 GBP | ||
| GBP/USD rate = 1.3490 | ||
| Stock Commission Calc | 100 | shares |
| US Stock Commission Rate in USD | $ 0.0035 | per share |
| Stock Commissions in USD | $ 0.35 | |
| Stock Commissions in GBP | £ 0.259 | |
| FX Conversion Calc | £ 5,000.00 | |
| Auto-FX conversion rate | 0.03% | |
| FX conversion fee | £ 1.50 | |
| Clearing Fee | £ 0.015 | |
| Total trade cost in GBP | £ 1.774 | |
Lower Costs to Maximize Returns1
Stocks Commissions
Low Commissions
£3/€3 per trade for Western European stocks
USD 0.0005 to USD 0.0035 per share for US Exchange-Listed stocks
Lowest Financing Rates in the Industry2
4.13% - 5.13%
Interest Charged for Margin Loans
Earn Interest at Competitive Rates3
Up to USD 3.13%
on instantly available cash
Trading Technology
- Free Access to all IBKR's trading platforms
- Free real-time streaming data on all US-listed stocks
- IB SmartRoutingSM
- IBKR APIs
Additional Plan Benefits
- No minimums for general investment accounts
- No inactivity fees
- No added spreads, ticket charges or platform fees
- No recurring fees
Interactive Brokers offers low, simple stock pricing on the most active European exchanges. We are simplifying our pricing so you know the cost before you invest. Commissions on Western European stocks is just €3/£3 per trade for typical trade sizes. For larger trades (those over €6000/£6000) the cost is .05% of trade value.
IB SmartRoutingSM helps support best execution by searching for the best available prices for stocks, options and combinations across exchanges and dark pools.
Professional Trading Platforms, Order Types, and Tools
Powerful, award-winning trading platforms and tools for managing your portfolio. Available on desktop, mobile apps, and web.
See Our Trading Platforms100+ order types, algos and tools – from limit orders to complex algorithmic trading – help you execute any trading strategy.
See Our Order Types, Algos and ToolsUse a full suite of professional trading tools to help make better decisions and manage your portfolio. Spot market opportunities with Advanced Market Scanners and analyze your portfolio with Risk Navigator.
See Our Trading ToolsFundamentals Explorer provides comprehensive, worldwide fundamentals data on over 30k companies, shows more than 300 data points per company, has more than 80 sources for newswires and reports and features 5.5k+ analyst ratings from TipRanks.
See Our Fundamentals ExplorerAlign your investments with what you care about most. Use the Impact Dashboard to identify and invest in companies that share your values, and use ESG scores from LSEG to make investment decisions based on more than just financial factors.
Learn About Sustainable Investing
Transparent Shortable Inventory and Pricing
The Shortable Instruments (SLB) Search tool is a fully electronic, self service utility that lets you search for availability of shortable securities from within Client Portal.
Learn About Short Securities Availability
Earn Extra Income on Your
Fully Paid Shares
Earn extra income on your fully paid shares. IBKR borrows your shares to lend to traders who want to short and are willing to pay interest to borrow the shares. You are paid interest each day shares are on loan and retain the ability to trade your loaned stock without restrictions.
What are Stocks?
A stock represents ownership in a company. When you purchase a stock, you become a shareholder and own a small portion of the company issuing the stock. Therefore, you have a claim on its assets and earnings.

A company typically issues stock to raise capital to fund growth, research and development, or its operations without taking on debt.
The two main types of stock are common stock, which typically provides you with voting rights and potential dividends, and preferred stock, which usually provides fixed dividends and priority over common shareholders in the unlikely event of a liquidation.
How Do You Buy Stocks?
You can purchase stocks through an online brokerage account like those available at Interactive Brokers or through a financial advisor. If you use an online brokerage account, you can place buy or sell orders for stock through the broker’s platform after your account is approved and funded.
Stocks are bought and sold at a stock exchange, such as the New York Stock Exchange (NYSE), the NASDAQ, the London Stock Exchange (LSE), Euronext or the Shanghai Stock Exchange.
What Are the Risks and Rewards of Stocks?
A stock’s price can be volatile, meaning the value of your stock may rise or fall significantly, even over short periods. There are no guarantees in stock investing. You may lose money if the price of a stock drops below your purchase price and you sell at a loss. In addition, you can also experience losses from a company’s bankruptcy, poor earnings or broader market factors such as industry or economic trends, interest rate changes, geopolitical events or investor sentiment.
However, if a stock’s price increases over time, you may benefit from capital appreciation and earn dividend income from companies that share profits with their owners. Dividends can provide a steady income stream and, if reinvested, may help you enhance longer-term returns.
Interactive Brokers’ Education and Resources for Stocks
Traders’ Academy
Traders’ Academy by Interactive Brokers provides complimentary resources to educate you on stocks, including several courses on corporate stocks and equity-related funds.
Traders’ Insight
Traders’ Insight provides market-related articles and commentary from Interactive Brokers’ employees, exchanges and third-party contributors.

Start trading like a professional today!
Open AccountDisclosures
- Lower investment costs will increase your overall return on investment, but lower costs do not guarantee that your investment will be profitable.
- According to StockBrokers.com Interactive Brokers Review: Read the full article Online Broker Reviews, January 28, 2026. "The industry’s cost leader: Interactive Brokers continues to set the benchmark for cost efficiency, offering margin rates and high yields on idle cash that consistently outperform the competition." View our margin rates for more information.
- Rates are subject to change. Restrictions apply. For additional information, see our interest rates. Credit interest rate as of July 2, 2026.