UNITED STATES
EXCHANGE FEES
| AMEX
|
ARCA
|
ARCAEDGE
|
B-Trades
|
BATS
|
| BYX
|
CBOE
|
CHX
|
CSFB Algo
|
CSFB Path
|
| Direct Edge
|
DARK
|
EDGEA
|
IBDARK
|
IBKRATS
|
| IEX
|
ISE
|
JEFFALGO
|
MM
|
NASDAQ/Island
|
| NASDAQ BX
|
NASDAQ PSX
|
NASDAQRLP
|
NYSE
|
NYSERLP
|
| VWAP
|
CLEARING FEES (PER SHARE)
| NSCC, DTC Fees | USD 0.00020 |
TRANSACTION FEES
| Transaction Fees (Stocks, ETFs, ETPs, Warrants, Rights, Voting Trust Certificates) | USD 0.0000218 *Value of Aggregate Sales |
| NYSE Pass-Through Fees | IB Tiered Commissions *0.000175 |
| FINRA Pass-Through Fees | IB Tiered Commissions *0.00056 |
| FINRA Trading Activity Fee | USD 0.000119 *Quantity Sold |
TRADE ALLOCATION MINIMUM COMMISSIONS
We charge a minimum fee for US stock trades allocated by Advisors and Brokers to their clients. Advisors and Brokers can choose to charge the allocation minimum fee to their master account or to the client account. By default, the allocation minimum is charged to the client account unless there is a specific rate arrangement between the client and the master account.
| Minimum Trade Allocation Fees | Minimum (trade value * 0.0005, USD 0.35) |
CANADA
EXCHANGE FEES
| ALPHA
|
CHI-X ECN
|
CHI-X2 ECN
|
LYNX
|
Omega ECN
|
| PURE
|
TSX and TXS Venture
|
Match Now
|
Aequitas NEO Lit
|
Aequitas NEO
|
CLEARING FEES (PER SHARE)
| All not listed below | CAD 0.00017 per share/capped at CAD 2.00 per order |
| VENTURE | CAD 0.00010 per share/capped at CAD 2.00 per order |
TRANSACTION FEES
| Regulatory Fee | CAD 0.00011 per share/capped at CAD 3.30 per trade (not per order) |
- Commission models are not guaranteed to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in these commission schedules may be greater than the costs paid by IB to the relevant exchange, regulator, clearinghouse or third party. For example, IB may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IB may be less than the rebates IB receives from the relevant market.
- Stocks on the NSE are only available to Indian residents.
- IB commissions will be charged only on the opening leg in case of intra-day trades on the NSE (positions opened and closed on the same day). No commissions will be charged on the closing leg, other charges apply on both legs (such as STT, reg fees, exchange fees and etc).
- In cases where the IB minimum exceeds the 2.5% of trade value maximum permitted by the Securities Exchange Board of India (SEBI) and the National Stock Exchange (NSE) the minimum will be 2.5% of trade value.
- In addition, external exchange and clearing costs will be passed through to client
- Value tiers are applied based on monthly cumulative 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. Only shares that are traded while under the Tiered pricing structure will count towards the monthly volume. Share 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.
- VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
- Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 shares is submitted and 100 shares execute, then you modify the order and another 100 shares execute, a commission minimum would be applied to both 100 share orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
AUSTRIA
EUR DENOMINATED PRODUCTS EXTERNAL FEES
| VSE
|
BELGIUM
EUR, GBP AND CHF DENOMINATED PRODUCTS EXTERNAL FEES
| BATS Europe (BATEEN)
|
CHIX (CHIXEN)
|
ENEXT.BE
|
Turquoise (TRQXEN)
|
FRANCE
EUR, GBP AND CHF DENOMINATED PRODUCTS EXTERNAL FEES
| BATS Europe (BATEEN)
|
CHIX (CHIXEN)
|
SBF
|
Turquoise (TRQXEN)
|
GERMANY
EUR, GBP AND CHF DENOMINATED PRODUCTS EXTERNAL FEES
| BATS Europe (BATEDE)
|
CHIX (CHIXCH)
|
FWB
|
IBIS
|
SWB
|
| Turquoise (TRQXDE)
|
TradeLink (TLINK)
|
ITALY
EUR AND CHF DENOMINATED PRODUCTS EXTERNAL FEES
| BVME
|
NETHERLANDS
EUR, GBP AND CHF DENOMINATED PRODUCTS EXTERNAL FEES
| AEB
|
BATS Europe (BATEEN)
|
CHIX (CHIXEN)
|
Turquoise (TRQXEN)
|
PORTUGAL
EUR DENOMINATED PRODUCTS EXTERNAL FEES
| BVL
|
SWITZERLAND
EUR, GBP AND CHF DENOMINATED PRODUCTS EXTERNAL FEES
| BATS Europe (BATECH)
|
CHIX (CHIXCH)
|
EBS
|
Turquoise TRQXCH
|
VIRTX
|
NORWAY
EXTERNAL FEES
| OMXNO
|
SWEDEN
EXTERNAL FEES
| Swedish Stock Exchange
|
UNITED KINGDOM
EUR, GBP AND CHF DENOMINATED PRODUCTS EXTERNAL FEES
| Turquoise TRQXUK
|
EXTERNAL FEES
| BATS Europe (BATEUK)
|
BATS Europe (BATEUK)
|
Stock Exchange (LSE and LSEIOB1)
|
- Commission models are not guaranteed to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in these commission schedules may be greater than the costs paid by IB to the relevant exchange, regulator, clearinghouse or third party. For example, IB may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IB may be less than the rebates IB receives from the relevant market.
- Stocks on the NSE are only available to Indian residents.
- IB commissions will be charged only on the opening leg in case of intra-day trades on the NSE (positions opened and closed on the same day). No commissions will be charged on the closing leg, other charges apply on both legs (such as STT, reg fees, exchange fees and etc).
- In cases where the IB minimum exceeds the 2.5% of trade value maximum permitted by the Securities Exchange Board of India (SEBI) and the National Stock Exchange (NSE) the minimum will be 2.5% of trade value.
- In addition, external exchange and clearing costs will be passed through to client
- Value tiers are applied based on monthly cumulative 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. Only shares that are traded while under the Tiered pricing structure will count towards the monthly volume. Share 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.
- VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
- Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 shares is submitted and 100 shares execute, then you modify the order and another 100 shares execute, a commission minimum would be applied to both 100 share orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
AUSTRALIA
EXCHANGE AND CLEARING FEES
| CHIX (CHIXAU)
|
ASX
|
HONG KONG
EXCHANGE, CLEARING AND PASS-THROUGH FEES
| Hong Kong Stock Exchange (SEHK)
|
Shanghai-Hong Kong Stock Connect Northbound Trading Link (SEHK NTL) and Shenzhen-Hong Kong Stock Connect
|
JAPAN
EXCHANGE AND CLEARING FEES
| Chi-X Japan
|
JapanNext
|
Tokyo Stock Exchange
|
SINGAPORE
EXTERNAL FEES
| Singapore Exchange
|
- Commission models are not guaranteed to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in these commission schedules may be greater than the costs paid by IB to the relevant exchange, regulator, clearinghouse or third party. For example, IB may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IB may be less than the rebates IB receives from the relevant market.
- Stocks on the NSE are only available to Indian residents.
- IB commissions will be charged only on the opening leg in case of intra-day trades on the NSE (positions opened and closed on the same day). No commissions will be charged on the closing leg, other charges apply on both legs (such as STT, reg fees, exchange fees and etc).
- In cases where the IB minimum exceeds the 2.5% of trade value maximum permitted by the Securities Exchange Board of India (SEBI) and the National Stock Exchange (NSE) the minimum will be 2.5% of trade value.
- In addition, external exchange and clearing costs will be passed through to client
- Value tiers are applied based on monthly cumulative 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. Only shares that are traded while under the Tiered pricing structure will count towards the monthly volume. Share 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.
- VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
- Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 shares is submitted and 100 shares execute, then you modify the order and another 100 shares execute, a commission minimum would be applied to both 100 share orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.