Other Fees

Corporate Actions & Dividend Processing Corporate Actions & Dividend Processing Trading Trading Withdrawals & Physical Deposits Withdrawals & Physical Deposits Security Transfer Fees Security Transfer Fees Prime Brokerage Prime Brokerage Stock Loan Stock Loan Exposure Fee for High Risk Accounts Exposure Fee for High Risk Accounts Account Maintenance and Reporting Fees Account Maintenance and Reporting Fees

Corporate Actions & Dividend Processing

The following represents fees charged by IBKR for the processing of Corporate Actions affecting securities in your portfolio.

Universal
Type Fees
Requests to exercise Dissenter or Appraisal Rights USD 500 + external costs
Hong Kong Stock Tenders for Cash 0.1% Stamp Duty
AU Corporate Actions Free1
AU Corporate Actions (Tenders) Free (First Submission)2
AU Proxy Vote Submission / Modification AUD 203
All Other (Mandatory, Voluntary, With Options, etc) Free
Europe Middle East Africa (EMEA)
Withholding Tax Voucher Request for Dividends Paid On: Fees
Austrian stocks EUR 0 per line4
Belgian stocks EUR 0 per line4
Danish stocks DKK 0 per line4
Finnish stocks EUR 15 per line
German stocks "Einzelsteuerbescheinigung" EUR 30 per line4
Norwegian stocks NOK 0 per line4
Swedish stocks SEK 0 per line4
Swiss stocks CHF 0 per line4
United Kingdom stocks GBP 0 per line4
Withholding Tax Reclaim Request for Dividends Paid On: Fees
French stocks "Form 5000/5001" EUR 125 per line
Spanish stocks EUR 50 per line

Notes:

  1. IBKR imposes a submission deadline for corporate actions, after which we do not guarantee to accept your request. If we do accept your request after the submission deadline has passed, you will be charged a fee of AUD 100 for each such request, regardless of the outcome of the corporate action. As with all corporate actions, the issuer has the sole discretion to accept, reduce or reject your request. Please click here to view the submission deadlines and other relevant information.
  2. First submission for a Tender issue is free of charge. Any subsequent submissions for the same offer will incur a fee of 100 AUD per submission.
  3. Please provide your instructions at least 8 business days prior to the meeting for IBKR Australia and our agent to have sufficient time for processing. Click here for more information.
  4. Only Tax Voucher requests made via the Client Portal will be processed. Any ticket requests submitted to client services for Tax Vouchers are not accepted. 


Trading Related Fees (non commission related)

Exercise and Assignment 1

Universal
Product Transaction Fees
Stock Options No fees
Non-US Index Options Charged standard option commissions on exercise or assignment.
No charges on lapsed/expired contracts.
Futures / Futures Options Charged the standard futures or futures options commission at expiration of the contract.
United States
Product Transaction Fees
Stock Options 2

USD 0.000166 * Quantity Stock Sold, max 8.30 per Trade and USD 0.0000278 * Aggregate sales proceeds on stock

FINRA CAT Trading Fees: USD 0.000072 * Equivalent Shares3
US Index Options No fees
Futures / Futures Options Charged the standard futures or futures options commission at expiration of the contract.

Notes:

  1. IBKR does not charge an option exercise or assignment fee. Certain transactions are subject to the standard commissions for the applicable product.
  2. The transaction fees listed represent allocations of costs charged to IBKR by third-parties. IBKR does not assess a separate option exercise/assignment fee.
  3. Please note that the stated Consolidated Audit Trail ("CAT") fee will be charged for all executions of shares on Eligible Securities, including instances in which a third-party broker is used for execution and such third-party broker does not pass along the CAT fee to IBKR.


Cancel/Modify Orders

United States
Asset/Order Origin Routing Venue Fee per Order 1 Execution Credit 2
API/CTCI Smart N/A None N/A
TWS Directed and Smart All None N/A
API/CTCI Directed All USD 0.01 USD 0.25 per API/CTCI Directed execution

Orders with a time in force that specifies an expiration time, such as GTC, will be assessed cancel fees according to the above schedule.

Click here for cancel/modify fee examples.


Europe Middle East Africa (EMEA)
Asset/Order Origin Routing Venue Fee per Order 1 Execution Credit 2
Direct Routed Order TGATE EUR 0.50 EUR 2.50 per TRADEGATE execution in the same product on the same day

Notes:

  1. Unless otherwise specified, the per-order fee applies to both order cancellations and modifications.
  2. Execution credits are applied against cancel or modify fees for the day. Execution credits cannot exceed cancel/modify fees.


Cancel/Modify Futures/Options Orders

Europe Middle East Africa (EMEA)
Asset/Order Origin Routing Venue Fee per Order 1 Execution Credit 2 3
TWS DTB, SOFFEX None N/A
API/CTCI DTB, SOFFEX EUR 0.25 EUR 2.50 per Eurex execution in the same product on the same day.

Orders with a time in force that specifies an expiration time, such as GTC, will be assessed cancel fees according to the above schedule.

Click here for more cancel/modify fee examples.

Notes:

  1. Unless otherwise specified, the per-order fee applies to both order cancellations and modifications.
  2. Execution credits are applied against cancel or modify fees for the day. Execution credits cannot exceed cancel/modify fees.
  3. For options, credit is the lesser of (1/3 of commissions paid on those contracts that count towards credit) and (Execution Credit).


Trade Bust/Adjustments

If an exchange or other market center charges Interactive Brokers a trade bust, trade cancel fee or trade adjust fee because of an order placed by an IBKR customer, or because of a customer bust or adjust request, the customer is fully responsible for the fee and the fee will be deducted from the customer's account.

In addition to fees charged by exchanges (and in cases where exchanges do not charge a fee), IBKR will charge the following fees for requests to have trades busted:

  • USD 50 for the first bust request in a calendar month.
  • USD 100 per incident for subsequent bust requests in the same calendar month.

The above fees are subject to change.

United States
Exchange Fees Additional Info
CME Group
(ECBOT, Globex, NYMEX)		 USD 500.00 When GCC 1 busts a trade, the party responsible for entering the order into the electronic trading system that gave rise to the trade bust/adjustment shall pay an administrative fee to the Exchange in the amount of USD 500 for each occurrence. If a non-member customer responsible for entering an order that results in a trade bust fails to pay the fee in accordance with this section, the clearing member carrying the customer's account shall be responsible for payment of the fee.

For additional information click the following links: CME Group Rulebooks, Rule 588, Rule 622.
NASDAQ USD 250.00 If an appeal is requested on a ruling that was previously made and that appeal upholds the original decision, Nasdaq will assess a fine for the appeal.

Additional information regarding this policy can be found on this page. Clearly Erroneous Rule changes effective October 5, 2009, can be found here. For a list of fees, click here.
Germany and Sweden
Exchange Fees Additional Info
EUREX EUR 500.00 N/A
EUR SFB SEK 700.00 N/A
Hong Kong
Exchange Fees Additional Info
HKFE HKD 3000.00 N/A

Notes:

  1. GCC is the group at the CME that is responsible for reviewing ECBOT, Globex, and NYMEX executions.


Telephone orders closing positions

America
Currency Telephone Orders
USD USD 30.00 per order
CAD CAD 40.00 per order
MXN MXN 550.00
Europe Middle East Africa (EMEA)
Currency Telephone Orders
CHF CHF 30.00 per order
EUR EUR 30.00 per order
GBP GBP 25.00 per order
NOK NOK 250.00
SEK SEK 250.00 per order
Asia-Pacific
Currency Telephone Orders
AUD AUD 40.00 per order
HKD HKD 230.00 per order
INR 1 INR 2,000.00
JPY JPY 3,000.00 per order
(For IB-JP customers: JPY 3,300 incl. tax)
KRW KRW 35,000.00 per order
NZD NZD 40.00
SGD SGD 40.00 per order

Notes:

  • Telephone orders are only allowed for closing orders, and the stated fee is in addition to all regular commission fees. Fees will be waived in the case of IBKR technology problems.
  1. Demat charges of INR 4.5 per stock, irrespective of quantity, are applicable in the following cases:
    • Sale of shares.
    • Transfer from client beneficiary account to personal demat account and vice versa.
    • Transfer from personal demat account to demat account held with another broker.

Withdrawals & Physical Deposits

Withdrawals

IBKR allows one free withdrawal request per calendar month. After the first withdrawal (of any kind), IBKR will charge the fees listed below for any subsequent withdrawal.

Note: Withdrawal request time is not based on local time but on EST time zone (New York time).

America
Currency Bank Wire/Transfer Checks BACS/GIRO/ACH/EFT/SEPA
USD 10.00 4.00 1.00
CAD 12.00 N/A 2.00
MXN 100.00 N/A N/A
Europe Middle East Africa (EMEA)
Currency Bank Transfer Checks BACS/GIRO/ACH/EFT/SEPA
AED 18.00 N/A N/A
CHF 11.00 N/A N/A
CZK 300 N/A N/A
DKK 30.00 N/A N/A
EUR 8.00 N/A 1.00
GBP 7.00 N/A 1.00
HUF 6,000.00 N/A N/A
ILS 30.00 N/A N/A
NOK 50.00 N/A N/A
PLN 40.00 N/A N/A
RUB 330.00 N/A N/A
SEK 50.00 N/A N/A
TRY 120.00 N/A N/A
ZAR 200.00 N/A N/A
Asia-Pacific
Currency Bank Transfer/Electronic Funds Transfer Checks BACS/GIRO/ACH/EFT/SEPA
AUD 15.00 N/A N/A
CNH 60.00 N/A 7.00
HKD 95.00 N/A 8.00
JPY 1,600.00
(For IB-JP customers: 1,760 incl. tax)		 N/A N/A
NZD 15.00 N/A 1.00
SGD 15.00 N/A 1.00

Notes:

  • IBKR withdrawal fees do not cover third-party fees. The account holder will be solely responsible for any fees assessed by a beneficiary or correspondent bank. In addition, processing fees charged by your bank or its correspondent bank, which are not included in IBKR withdrawal fees, may be deducted from bank transfer proceeds.


Deposits - Mexico Only

Fees are determined on a monthly basis. The first deposit of each month is free. Subsequent deposits will be charged a portion of the third-party fees that are charged to IBKR, as follows:

Mexico
Base Currency Bank Transfer
MXN 100.00


Returned Check Fee

United States
Currency Returned Check Fee
USD USD 25.00
Hong Kong
Currency Returned Check Fee
HKD HKD 50.00


Pay Cash on Counter at Bank1

Notes:

  1. Please be aware that it is against Interactive Brokers policy to accept physical currency (cash) deposits. Please make all deposits to your IBKR account by bank transfer, check, direct bank transfer (ACH), or via one of the other methods described in the Funding Reference page. Should Interactive Broker's bank not block a direct deposit of physical currency a special handling fee of 1% of the deposit amount (minimum USD 50 fee) will be charged to the account upon receipt.


Depository/Trading Currency Changes

Action Fee
Each request to change the trading currency or depository location of a multi-listed security held in your account. USD 10.00

Security Transfer Fees

ADR / GDR (American or Global Depository Receipt) and CDI (Australian CHESS Depositary Interests) Fees

Various Central Securities Depositories such as the Depository Trust Company (DTC), Euroclear or Clearstream collect custody fees on behalf of ADR/GDR/CDI agents for DRs which do not pay periodic dividends. The fees are deducted by the applicable depository in standard billing and will be passed to accounts which held the ADR/GDR/CDI on the record date.

For additional information on the fee IBKR recommends that you consult the ADR/GDR/CDI prospectus.

Type Fee
ADR/GDR/CDI Fee Pass through fee of 0.05 per share.
Voluntary Conversion USD 500
Voluntary Conversion Tied to Program Termination:
Up to delisting date
One to 30 days following delisting
30+ days following delisting 		USD 500
USD 0
USD 500


DTC Position Transfers

Universal
Transfer Method Type Fee
ACATS Deposit or Withdrawal None1
DWAC Deposit or Withdrawal USD 100 per settled transaction
DRS Deposit Starting at USD 25 per settled transaction2; USD 100 per rejected transaction3
DRS Withdrawal USD 5 per settled transaction; no fee for rejected transaction
Canadian DRS Deposit or Withdrawal The exact settlement or rejection fee charged by the agent + CAD 30 per transaction

Notes:

  1. While IBKR does not charge for incoming or outgoing ACATS transfers, customers should consult with their sending or receiving firm to determine if there will be any applicable fees for the transfers.
  2. DRS deposit fees above USD 25 represent a higher fee from select transfer agents that are passed through IBKR to the client.
  3. Settlement is dependent upon successful DTC processing and Transfer Agent acceptance of shares.


United States and Canada Northbound/Southbound Fees

Transfer Method Fee
Northbound Transfer USD 10.00 per ISIN
Southbound Transfer USD 10.00 per ISIN


Hong Kong Physical Certificate Deposit

Hong Kong1,2,3,4
Certificate size Processing Fee
HKD 500,000 or above (Full Service) Free
Less than HKD 500,000 (Full Service) HKD 300.00/first stock certificate per day
HKD 100.00/each additional stock per day
Less than HKD 500,000 (Self Service) HKD 200.00/first stock certificate per day
HKD 20.00/each additional stock per day

Notes:

  1. In addition to the above, there is also a fee of HKD 5 stamp tax per transfer form. Cash cannot be accepted. Please prepare a cheque for HKD 5 per transfer form payable to "The Stock Exchange of Hong Kong Limited".
  2. Please visit KB4077 for details.
  3. Additional fees may be imposed for submitting large volumes that are time consuming to process, please contact Client Services via a web ticket for more information.
  4. A rejection fee of HKD 1,000 will be charged for any transaction rejected by the share registry.


Singapore Central Depository Position Transfers

Singapore
Transfer Type Processing Fee
Inbound position transfer SGD 10.90 per transfer counter
Outbound position transfer SGD 10.90 per transfer counter


Asset Transfer (Out)1

Asia-Pacific
Currency Asset Transfer (Out)
AUD AUD 50.00 minimum2
HKD HKD 400.00
JPY JPY 4,000.00
(For IB-JP customers: JPY 4,400.00 incl. tax)
SGD SGD 50.00

Notes:

  1. When transferring Asian positions from your IBKR account, there is a charge of USD 50.00 for each request or the amount listed in the above table.
  2. For transfers with total asset value under AUD 10,000, fee is AUD 10 per asset, otherwise AUD 5 per asset, both with minimum of AUD 50 per request.


Prime Brokerage

Take-up/Trade Away fees

IBKR Prime Services allows clients to execute with their away broker(s) for settlement and custody through IBKR. To qualify for Portfolio Margin, your account balance must exceed USD 6.0 million at all times. To qualify for RegT Margin or Cash, your account balance must exceed USD 1.0 million at all times.

Please note that if your Prime and Portfolio Margin account falls below USD 6.0 million in account equity, no margin increasing trades will be allowed in the account. In addition, only closing or margin-reducing trades will be permitted until the account meets its minimum equity requirements.

The following fees apply:

Executing Broker Setup Fee

Each executing broker setup carries a USD 100 processing fee.

Trade Break Fee

A USD 100 fee per day that there are trade breaks (where client or broker reporting is either missing or not matching).


United States - Stocks 1,2,4,7
Volume (per month) Commission per Share
US Stocks, ETFs, ETPs and Warrants Minimum per Trade Maximum per Trade
0 - 20,000,000 Shares USD 0.0015 USD 0.35 1.0% of trade value
20,000,001 - 100,000,000 Shares USD 0.001 USD 0.35 1.0% of trade value
> 100,000,000 Shares USD 0.0005 USD 0.35 1.0% of trade value

United States - Options
Volume (per month) Commission per Contract
Commissions Minimum per Trade
0 - 100,000 Monthly Contracts USD 0.25 per contract USD 1.00
> 100,000 Monthly Contracts USD 0.15 per contract USD 1.00
  • External clearing fees + regulatory fees are USD 0.075/contract.

United States - Corporate Bonds 8
Commissions Minimum per Trade Maximum per Trade
First USD 10,000 in Face Value 0.1% * Face Value (10 bps) USD 1.00 per Order The smaller of USD 250 or 1.0% of Trade Value
Additional Face Value > USD 10,000 0.025% * Face Value (2.5 bps) None The smaller of USD 250 or 1.0% of Trade Value

United States - Municipal Bonds 8
Commissions Minimum per Trade Maximum per Trade
First USD 10,000 in Face Value 0.05% * Face Value (5 bps) USD 1.00 The smaller of USD 125 or 1% of Trade Value
Additional Face Value > USD 10,000 0.0125% * Face Value (1.25 bps) None The smaller of USD 125 or 1% of Trade Value

United States - Futures 4,5,6
Volume (per month) USD EUR GBP CAD CHF HKD AUD SEK SGD JPY CNH
0 - 20,000 Contracts 0.45 0.40 0.30 0.45 0.55 4.00 0.55 3.75 0.65 45.00 3.00
> 20,000 Contracts 0.25 0.20 0.15 0.25 0.30 2.00 0.30 2.00 0.35 25.00 2.00
  • Interactive Brokers does not accept away executions in Bitcoin futures, however they can be traded through Interactive Brokers directly.
  • Unsupported exchanges: CFE, and IPE.
  • ICEUS FUT only.

United States - Globex FX E-mini and E-micro Products 6
E-mini FX Futures E-micro FX Futures
Volume (per month) USD USD
0 - 20,000 Contracts 0.30 0.08
> 20,000 Contracts 0.15 0.05

Canada - Stocks 1,2,4
Volume (per month) Commission per Share
Canada Stocks, ETFs, and Warrants Minimum per Trade Maximum per Trade
0 - 20,000,000 Shares CAD 0.004 CAD 1.00 0.5% of trade value
20,000,001 - 100,000,000 Shares CAD 0.003 CAD 1.00 0.5% of trade value
> 100,000,000 Shares CAD 0.003 CAD 1.00 0.5% of trade value
  • Canadian stocks are only supported for settlement in their exchange denominated currency.

Hong Kong - Stocks 3,4
Monthly Trade Value (HKD) 5 Fee per Trade Value Minimum per Trade
0 - 900,000,000 0.030% HKD 8.00
900,000,001 – 2,000,000,000 0.020% HKD 6.00
> 2,000,000,000 0.015% HKD 4.00
  • External clearing fee of 0.2 bps of trade value, with a minimum of HKD 2 and maximum of HKD 100 per trade. In addition, a HKD 1.50 per Trade fee will be passed through which represents CCASS fees.

Europe Middle East Africa (EMEA) - Stocks 3,4
Monthly Trade Value (EUR) Fee per Trade Value EUR-Denominated Products
Minimum per Trade Maximum per Trade
0 - 500,000,000 0.020% EUR 1.25 EUR 29.00
> 500,000,000 0.015% EUR 1.25 EUR 29.00
  • Supported Euroclear countries are Belgium, France, Netherlands and Portugal. No Clearstream.
  • Settlement is only supported in the product's "local" currency.

Europe Middle East Africa (EMEA) - Bond 8
Commissions Minimum per Trade Maximum per Trade
Trade Value > 0 0.015% * Trade Value (1.5 bps) EUR 2.00 None
  • Euroclear only, no Clearstream.
  • Settlement is only supported in the product's "local" currency.

United Kingdom - Stocks 3,4
Monthly Trade Value (GBP) Fee per Trade Value GBP-Denominated Products
Minimum per Trade Maximum per Trade
0 - 40,000,000 0.050% GBP 1.00 N/A
40,000,001 – 80,000,000 0.030% GBP 1.00 N/A
80,000,001 – 400,000,000 0.020% GBP 1.00 N/A
> 400,000,000 0.015% GBP 1.00 N/A

VOLUME (Per Month) Fee per Share USD-Denominated Products
Minimum per Trade Maximum per Trade
0 - 20,000,000 shares USD 0.0015 USD 0.35 1% of trade value
20,000,001 - 100,000,000 shares USD 0.001 USD 0.35 1% of trade value
> 100,000,000 shares USD 0.0005 USD 0.35 1% of trade value

Monthly Trade Value (EUR) Fee per Trade Value EUR-Denominated Products
Minimum per Trade Maximum per Trade
0 - 500,000,000 0.020% EUR 1.25 EUR 29 per order
> 500,000,000 0.015% EUR 1.25 EUR 29 per order
  • Settlement is only supported in the product's "local" currency.
  • LSEIOB1 stocks are not supported.

Notes:

  1. Volume tiers are applied based on monthly cumulative prime brokerage trade volume summed across all US and Canadian stock and ETF shares at the time of the trade.
  2. Trades where the commission cap is applied do not count towards the monthly volume tiers.
  3. Value tiers are applied based on monthly cumulative prime brokerage trade volume summed across all stock, warrants and ETF shares. This is calculated once daily, not at the time of the trade. As such, execution reductions will start the next trading day after the threshold has been exceeded.
  4. Share or contract volumes for advisor, institution, and broker accounts are summed across all accounts for the purpose of determining volume breaks. These fees are applied on a marginal basis for a given calendar month.
  5. Volume tiers are applied based on monthly cumulative prime brokerage trade volume summed across all futures and futures options contracts, regardless of the exchange on which they trade, at the time of the trade.
  6. Commissions for US FUT and FOP are per contract. In addition to the commission charge, applicable Exchange Fees and Regulatory Fees will apply.
  7. Certain restrictions apply to Prime activity for US Microcap stocks. For more details see the IBKR Knowledge Base.
  8. Baby or fractional bonds are not supported.

Stock Loan

Pre-Borrows

Universal

For information on our Pre-borrow program, please click here.

Product Fees
Stock USD 20.00 Ticket Fee

Exposure Fee for High Risk Margin Accounts

For information on this fee, please click here.



Account Maintenance and/or Reporting Fees

LEI

For customers subject to the European Markets and Infrastructure Regulations (EMIR) or markets in Financial Instruments Regulation (MiFIR), should you request that IBKR apply for a Legal Entity Identifier (LEI) on your behalf, your account will be assessed a one-time fee for the application as well as an annual maintenance fee assessed on or shortly after the yearly anniversary date of your LEI application. The costs are reflected below.

Type Fee
Application Fee USD 60 1, 2
Renewal Fee USD 40 1, 2

For more information on EMIR and the LEI, please refer to https://guides.interactivebrokers.com/am/Default.htm#am/manageaccount/emirandleiinformation.htm

For more information on MIFIR and the LEI, please refer to http://ibkb.interactivebrokers.com/article/2974

Notes:

  1. Charged in the base currency of the account.
  2. The above fee includes a USD 11 surcharge paid to the Global Entity Identifier Foundation (GLEIF).


Archived Statements

America
Currency Archived Statements1
USD USD 25.00/first statement,
USD 5.00/each additional statement.
CAD CAD 25.00/first statement,
CAD 5.00/each additional statement.
MXN MXN 300.00/first statement,
MXN 60.00/each additional statement.
Europe Middle East Africa (EMEA)
Currency Archived Statements1
CHF CHF 25.00/first statement,
CHF 5.00/each additional statement.
EUR EUR 20.00/first statement,
EUR 5.00/each additional statement.
GBP GBP 15.00/first statement,
GBP 3.00/each additional statement.
SEK SEK 165.00/first statement,
SEK 35.00/each additional statement.
Asia-Pacific
Currency Archived Statements1
AUD AUD 25.00/first statement,
AUD 5.00/each additional statement.
HKD HKD 200.00/first statement,
HKD 40.00/each additional statement.
JPY JPY 2,200.00/first statement
(For IB-JP customers: JPY 2,420 / first statement)
JPY 450.00 each additional statement.
(For IB-JP customers: JPY 495.00 incl. tax for each additional statement)
SGD SGD 25.00/first statement,
SGD 5.00/each additional statement.

Notes:

  • A processing fee of EUR 30.00 per request is charged for any Withholding Tax Voucher request for dividends paid on German stocks.
  • A processing fee of EUR 50.00 per request is charged for any Withholding Tax Voucher requests for dividends paid on French stocks.
  • VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services. For certain tax jurisdictions, e.g. GST in Singapore, the commissions and fees that we charge you may be subject to GST even for services provided and consumed outside of Singapore. IBKR does not give tax advice, please consult a tax professional.
  1. The prior 7 years of statements are available.
    For additional information on availability of Daily and Monthly statements click here.