Stocks Trading Commissions

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

Our transparent pricing for stocks, ETFs (Exchange Traded Products, or ETPs) and warrants consists of our low broker commission, plus exchange, regulatory, and clearing fees 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 Stocks, ETFs, ETPs and Warrants
USD 0.007 per Share*

Minimum Per Order
USD 1.00

* If you reside in Israel the standard commission for US Stocks, ETFs, ETPs and Warrants is USD 0.01 per Share.

Global - eur-flag

Fee per Trade Value
0.12%

EUR - Minimum Per Order
EUR 1.75

CHF - Minimum Per Order
CHF 2.25

USD - Minimum Per Order
USD 2.50

Global - uk-flag

Fee per Trade Value²
0.12%

Minimum Per Order
GBP 1.50

US Stocks, ETFs, and Warrants USD 0.007 per share Minimum Per Order USD 1.5
Canada Stocks, ETFs, and Warrants CAD 0.012 per share Minimum Per Order CAD 1.5
  1. 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 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. For example, IB may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients.

  • Commissions apply to all order types.
  • When using SmartRouting, clients should be aware that the order may be routed to an exchange with a better quoted price but with substantially higher fees. In particular, clients should understand the ECN charges for removing liquidity when sending marketable orders for low priced stocks (under USD 2.50).
  • All exchange, special and other fees are charged on a per-share basis.
  • 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.
  • Please note that directed API orders cannot use the Tiered fee structure. Smart-routed API orders can use either the Tiered or Fixed structure.
  • 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.
  • Rebate payments for pink sheet or OTCBB execution are not passed on to clients.
  • Accumulate/Distribute and Scale Orders will be subject to standard IB Order minimums for each new slice of the algorithm which is submitted.
  • Accumulate/Distribute and Scale Orders will be subject to standard Order minimums for each new slice of the algorithm which is submitted.
Austria Stocks, ETFs, and Warrants 0.12% of trade value Minimum Per Order EUR 6.00
EUR-denominated 0.12% of trade value Minimum Per Order EUR 1.80
CHF-denominated 0.12% of trade value Minimum Per Order CHF 2.25
GBP-denominated 0.12% of trade value Minimum Per Order GBP 1.50
EUR-denominated 0.12% of trade value Minimum Per Order EUR 1.80
CHF-denominated 0.12% of trade value Minimum Per Order CHF 2.25
GBP-denominated 0.12% of trade value Minimum Per Order GBP 1.50
EUR-denominated 0.12% of trade value Minimum Per Order EUR 1.80
CHF-denominated 0.12% of trade value Minimum Per Order CHF 2.25
GBP-denominated 0.12% of trade value Minimum Per Order GBP 1.50
EUR-denominated 0.12% of trade value Minimum Per Order EUR 1.80
CHF-denominated 0.12% of trade value Minimum Per Order CHF 2.25
EUR-denominated 0.12% of trade value Minimum Per Order EUR 1.80
CHF-denominated 0.12% of trade value Minimum Per Order CHF 2.25
GBP-denominated 0.12% of trade value Minimum Per Order GBP 1.50
NOK-denominated 0.075% of trade value Minimum Per Order NOK 15.00
EUR-denominated 0.12% of trade value Minimum Per Order EUR 1.80
SEK-denominated 0.075% of trade value Minimum Per Order SEK 15.00
EUR-denominated 0.12% of trade value Minimum Per Order EUR 1.80
CHF-denominated 0.12% of trade value Minimum Per Order CHF 2.25
GBP-denominated 0.12% of trade value Minimum Per Order GBP 1.50
EUR-denominated 0.12% of trade value Minimum Per Order EUR 1.80
CHF-denominated 0.12% of trade value Minimum Per Order CHF 2.25
GBP-denominated 0.12% of trade value Minimum Per Order GBP 1.50
  1. 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 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. For example, IB may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients.
  2. Stamp taxes (UK=0.5%, Ireland=1%) are directly passed through to the clients.

  • 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.
  • Effective August 1, 2012, securities issued by French companies with a market capitalization of 1 billion EUR as of January 1, 2012 will be subject to a transaction tax. For additional details regarding the calculation of the tax, please refer here.
  • Effective March 1, 2013, certain Italian stocks will be subject to a transaction tax. For additional details regarding the calculation of the tax, please refer here.
  • Effective September 1, 2013, derivatives on those Italian securities subject to the transaction tax will similarly become subject to a transaction tax. For additional details regarding the derivative transaction tax, please refer here.
AUD-denominated 0.12% of trade value Minimum Per Order AUD 7.50
HKD-denominated 0.12% of trade value Minimum Per Order HKD 20.00
CNH-denominated 0.12% of trade value Minimum Per Order CNH 20.00
JPY-denominated 0.075% of trade value Minimum Per Order JPY 120
SGD-denominated 0.12% of trade value Minimum Per Order SGD 3.75
USD-denominated 0.12% of trade value Minimum Per Order USD 3.00
INR-denominated 4 5 0.18% of trade value
  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.