Options Trading Commissions

PRICING
Commissions . Exchange & Other Fees

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

Our plan charges our low broker commissions, plus exchange, regulatory, and clearing fees, plus VAT where applicable. In cases where an exchange provides a rebate, we pass some or all of the savings directly back to you.¹

Global - us-flag

US Equity Options
USD 1.50 per contract

Global - eur-flag

Euro Denominated Equity Options
EUR 1.50

Global - uk-flag

GBP Denominated Equity Options²
GBP 1.50

Smart routed USD 1.50 per contract
Direct routed USD 2.00 per contract
Commissions MXN 50 per contract
Commissions CAD 1.90 per contract
  1. Our commission models are not intended to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in IB’s Tiered commission schedule 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. For example, IB may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not directly pass these enhancements to clients. Likewise IB does not pass to clients all of the rebates IB may receive for liquidity taking orders, complex orders or orders executed in price improvement auctions. Traditional exchange payment for order flow programs result in payments to specialists or primary market makers, some portion of which may be paid on to IB. IB does not pass these payments directly to clients.
  2. Stamp duty on option exercise (UK=0.5%) is directly passed through to the customer.

  • Commissions apply to all order types.
  • Commissions are not charged for US exercise and assignment.
  • Commissions are not charged for US cabinet buy-to-close trades.
  • IB considers exchange fees and/or rebates in determining where to route an order. Under certain circumstances, IB may route a marketable order to an exchange that is not currently posting the national best bid or offer (NBBO) but which may be willing to “step up” and execute the order at the NBBO, in order to avoid or reduce the exchange fee for executing the order. If this routing method is used, the client generally will pay a lower execution fee than client would have otherwise paid. In those cases where IB routes to an exchange that is not currently posting the NBBO in order to reduce or avoid exchange fees, IB will guarantee the client a fill at the NBBO at the time that IB routed the order.
  • 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 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders.
  • 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.
  • Order minimums will be applied to the individual legs of a COMBO order.
EUR Denominated EUR 1.50 per contract
GBP Denominated GBP 1.50 per contract¹
CHF Denominated CHF 2.00 per contract
SEK Denominated SEK 0.525% of trade value + external fees² Minimum Per Order SEK 15
Mini Options EURONEXT Paris EUR EUR 0.25 per contract
  1. Stamp duty on option exercise (UK=0.5%) is directly passed through to the customer.
  2. Exchange fees for Swedish options are not used to determine the minimum per order. Exchange fees are passed through in addition to the stated commissions.

  • Our 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 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.
  • Commissions apply to all order types.
  • In the Tiered commission structure, clients may or may not be eligible to receive direct credit for rebates paid for certain types of orders by various market centers. Please consult our fee page for each market center for more information.
  • Commissions are charged for exercise and assignment.
  • 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 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
Index options (ASX) AUD 3.00 per contract¹
Stock Options AUD 0.45 per contract¹
Index options HKD 45.00 per contract
Stock Options⁵ HKD 0.30% of option value² + exchange fee of HKD 3.00 per contract Minimum Per Order HKD 25.00
HHI HKD 30.00 per contract
MHI HKD 25.00 per contract
Stock Options INR 45.00 per board lot
Index Options INR 22.50 per board lot
*Plus securities transaction tax, exchange charges, service tax
N225 Options (weekly and monthly)³ 18 bps per trade value plus external fees Minimum per Order JPY 150
Stock Options (TSEJ)⁴ JPY 135 per contract
NIFTY USD 4.25 per contract
SGD-denominated options SGD 7.50 per contract
All 0.3% of option value
Minimum Per Order KRW 1500
  1. The cost for exercise/assignments of ASX options will be 0.275 per contract for stock options and 0.75 per contract for index options.
  2. For all exercise and assignments standard stock commissions apply plus Stock Exchange Options Clearing House (SEOCH) fee of HKD 2.00 per contract.
  3. The cost of an exercise or assignment of the monthly Nikkei contract is 6 bps with a maximum of JPY 420 per contract for both Tiered Fixed and Tiered Volume Incentive models. The cost of an exercise or assignment of the weekly Nikkei contract is 130 JPY for both Tiered Fixed and Tiered Volume Incentive models.
  4. Introductory rate. This rate is subject to change.
  5. 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 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.

  • Commissions apply to all order types.
  • All exchange and regulatory fees included except for Hong Kong stock options.
  • Commissions are not charged for exercise and assignment, except in Australia.
  • 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 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.