Trade Crypto for Less Coin
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Trade Crypto for Less Coin
IBKR Advantage
- Low commissions – Just 0.12% to 0.18% of trade value1 with no added spreads, markups or custody fees
- Trade and hold Bitcoin, Bitcoin Cash, Ethereum and Litecoin.
- Additional features let clients hold USD and cryptocurrencies in their cryptocurrency trading account, trade cryptocurrencies 24/7, place non-marketable limit orders, and trade and hold additional tokens offered by Paxos Trust Company, and withdraw cryptocurrency assets from your Paxos account to an external wallet.
- Invest in crypto, stocks, options, ETFs, futures, bonds, and more from a single unified platform
- Cryptocurrency trade execution and custody are provided by Paxos Trust Company
- IBKR Rated #1 Best Online Broker – 5 out of 5 stars by Barron’s 20222
Low Commissions
0.12% to 0.18% of Trade Value1
with No Added Spreads, Markups or Custody Fees
While other crypto exchanges and brokers charge trading fees as high as 2.00% of trade value or more, and add spreads or markups to the cryptocurrency price, cryptocurrency trading with Paxos on Interactive Brokers’ platform has a low commission of just 0.12% to 0.18% of trade value1 with a USD 1.75 minimum per order (but the minimum is subject to a cap of 1% of trade value). Plus, there are no added spreads, markups, or custody fees.
View Cryptocurrency Commissions
Crypto Trading Cost Comparison3
| Fee | IBKR / Paxos | Gemini ActiveTrader |
Coinbase Pro |
Webull | SoFi |
|---|---|---|---|---|---|
| Crypto Transaction Fee for $1,000 of crypto |
0.18% | 0.40% | 0.60% | None | None |
| Spread / Markup | None | None | None | 1.00% | 1.25% |
| Total fee | 0.18% | 0.40% | 0.60% | 1.00% | 1.25% |
| Cost of $1,000 trade | $1.80 | $4.00 | $6.00 | $10.00 | $12.50 |
Discover a World of Investment Opportunities
Clients can trade cryptocurrencies through Paxos, alongside global stocks, options, futures, spot currencies, bonds, funds and more via the Interactive Brokers platform.
- Commissions just 0.12% to 0.18% of trade value
- Trade and hold BTC, BCH, ETH and LTC
- USD 1.75 minimum per order, capped at 1% of trade value
Additional Features
- Hold USD in your cryptocurrency account
- Trade and hold additional tokens offered by Paxos Trust Company.
- Trade cryptocurrencies 24/7 when you transfer funds to your dedicated Paxos account during normal US banking hours.
- Place non-marketable limit orders
Professional Trading Platforms and Tools
Trading Platforms
Powerful, award-winning trading platforms and tools for managing your portfolio. Available on desktop, mobile, and web.
Trading Tools
Use 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.
Sustainable Investing
Use Interactive Brokers’ suite of environmental, social and governance (ESG) tools to develop your own conscious investing plan. Align your investments with what you care about most.
Security You Can Trust
Security is crucial to cryptocurrency trading. Use the IBKR platform and funds from your IBKR account to trade cryptocurrencies at Paxos Trust Company, which employs military-grade security to protect your crypto assets. Paxos Trust Company is regulated and supervised by the New York Department of Financial Services (the New York bank regulator).
History and Definition of Cryptocurrencies
- History and Definition of Cryptocurrencies
- Why Have Cryptocurrencies Captured Investors’ Imagination?
- What is Bitcoin?
- What are Bitcoin Futures?
- Defining Ether and Ethereum
- Adding Trading Permissions and Trading Crypto in TWS
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Best Online Broker
Five Years in a Row
by Barron's 2022
Lowest margin loan rates of any broker, according to the StockBrokers.com 2022 online broker review.
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Interested in Trading Crypto?
IBKR Clients –
Log in to Request Cryptocurrency Trading Permissions
Log in to Client Portal and click the User ("Head/Shoulders" icon) > Settings menu. From the Settings page, click Trading Permissions to request Cryptocurrency trading permission.
Trading permission requests are typically approved overnight.
New Client? Open an IBKR Account
FAQs
Disclosures
-
- INTERACTIVE BROKERS LLC IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.
- Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. For more information about the risks surrounding the trading of Digital Assets please see the "Disclosure of Risks of Trading Digital Assets".
- IB is not party to any transactions in digital assets and does not custody digital assets on your behalf. All digital asset transactions occur on the Paxos Trust Company ("Paxos") exchange. Any positions in digital assets are custodied solely with Paxos and held in an account in your name outside of IB.
- Digital assets held with Paxos are not protected by SIPC.
- For more information about eligibility to trade digital assets with Paxos, please see the FAQ.
- Depending on client monthly volume, with a USD 1.75 minimum commission per order (but the minimum is subject to a cap of 1% of trade value).
- For more information, see our awards page.
- Rates as of July 26, 2022. Competitor rates and offers subject to change without notice. Services vary by firm.