Equities Exchange Fees

Trade stocks, options, futures, forex, bonds, ETFs, CFDs
and more from a single universal account.

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)
  1. 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.
  2. Stocks on the NSE are only available to Indian residents.
  3. 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).
  4. 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.
  5. 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)
  1. 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.
  2. Stocks on the NSE are only available to Indian residents.
  3. 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).
  4. 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.
  5. 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
  1. 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.
  2. Stocks on the NSE are only available to Indian residents.
  3. 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).
  4. 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.
  5. 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.