Interactive Brokers Fees, Spreads, and Commission. Interactive Brokers trading involves fees from $1 USD / R 6 ZAR, spreads from 0.01 pips, and commission-free trading depending on the account traders select. The Interactive Brokers minimum deposit fee is $0 USD / R0 ZAR.
| 🔎 Broker | 🥇 Interactive Brokers |
| 👨🏼💼 Managed Accounts | ✔️ Yes |
| ⬆️ Maximum Leverage | 1:5 to 1:400 (ASIC Regulations) |
| 💰 Minimum Deposit | $0 USD / R0 ZAR |
| 💳 Deposit Options | Bank Wire Transfer and PayPal |
| 💳 Withdrawal Options | Bank Wire Transfer |
| 🚀 Open an Account | 👉 Click Here |
Interactive Brokers Fees and Spreads – 6 Key Point Quick Overview
- ✅ Interactive Brokers Fees, Spreads, and Commissions
- ✅ Interactive Brokers Deposit Options and Withdrawal Types
- ✅ Interactive Brokers Customer Reviews
- Interactive Brokers Pros and Cons
- Conclusion
- Frequently Asked Questions
Min Deposit USD 0 Regulators CFTC, NFA, IIROC, FCA, CBI, ASIC, SFC, MNB, CSSF Trading Platform Proprietary Platforms Crypto Yes Total Pairs 91 Islamic Account No Trading Fees Low Account Activation 24 Hours
Interactive Brokers Fees, Spreads, and Commissions
Interactive Brokers have low trading fees in general. The most important fees to take into consideration are commission, spread, and financing rates.
Classification of Interactive Brokers commission and trading fees
| 📈 Stock and ETF | Low |
| 📉 Forex | Average |
| 📊 Fund | Average |
| 📌 Bond | Low |
| 📈 Options | Average |
| 📉 Futures | Low |
| 📊 CFD | Average |
| 📌 Financing Rate | Low |
Interactive Brokers stock and ETF commission
| 📈 US Stock | $1.0 |
| 📉 German Stock | $3.6 |
| 📊 Indian Stock | $0.20 |
Interactive Brokers Forex Fees
| 💴 EUR/USD benchmark fee | $10.4 |
| 💵 GBP/USD benchmark fee | $8.3 |
| 💶 AUD/USD benchmark fee | $7.9 |
| 💷 EUR/CHF benchmark fee | $7.5 |
| 💴 EUR/GBP benchmark fee | $10.7 |
Interactive Brokers Fund Commissions
| 📌 Mutual Fund | $15.0 |
Interactive Brokers Bond Commissions
| 💰 US Treasury Bond | $5.0 |
| 📌 EU Gov. Bond | $10.0 |
Interactive Brokers Options Commissions
| 📈 US stock index options | $6.5 |
| 📉 US stock options | $6.5 |
| 📊 UK stock index options | $23.8 |
| 📈 German stock index options | $20.4 |
Interactive Brokers Futures Commissions
| 📈 US micro e-mini stock index futures | $2.5 |
| 📉 UK stock index futures | $23.8 |
| 📊 German e-mini stock index futures | $9.6 |
Interactive Brokers CFD fees
| 📈 S&P 500 index CFD fee | $2.8 |
| 📉 Europe 50 index CFD fee | $3.1 |
| 📊 Apple CFD | $1.1 |
| 📈 Vodafone CFD | $4.6 |
Interactive Brokers Financing Rates
| 📈 EUR/USD financing rate | 1.6% |
| 📉 GBP/USD financing rate | 1.0% |
| 📊 S&P 500 CFD financing rate | 1.6% |
| 📈 Europe 50 CFD financing rate | 1.5% |
| 📉 Apple CFD financing rate | 1.6% |
| 📊 Vodafone CFD financing rate | 1.6% |
Interactive Brokers non-trading fees
| ✅ Deposit Fee | $0 |
| ☑️ Withdrawal Fee | $0 |
| ✅ Account Fee | No |
| ☑️ Inactivity Fee | No |
Min Deposit USD 0 Regulators CFTC, NFA, IIROC, FCA, CBI, ASIC, SFC, MNB, CSSF Trading Platform Proprietary Platforms Crypto Yes Total Pairs 91 Islamic Account No Trading Fees Low Account Activation 24 Hours
Interactive Brokers Deposit Options and Withdrawal Types.
Traders must take note that a deposit notification will not actually move their funds and they must make arrangements with their bank or broker to deposit the funds. In regards to withdrawals, Traders must submit a one-time-only withdrawal request without using saved bank information or using previously saved bank information to do so.
| ✅ Deposit Methods | ✅ Withdrawal Types |
| Wire | ACH By Us - Available for USD. |
| Cheque | EFT – IB Canada - Available in CAD. |
| Online bill payment cheque | SEPA By Us - Available in EUR. |
| Automated Clearing House (ACH) transfer initiated at IB | Cheque - Available in USD. |
| Canadian Electronic Funds Transfer (EFT) initiated by IB (Canada only) | Wire |
| AUD Bill payment (BPAY - for Australian Dollars only) | |
| Direct Rollover (IRA accounts only) | |
| Trustee-to-Trustee (IRA accounts only) |
Interactive Brokers Customer Reviews
Responsive Support.
A couple of times when I have had issues with logins, and have called the Interactive helpdesk, the support has been prompt and excellent. – Anon
Fast and Reliable.
Have been using IBKR for a year now. Very fast and reliable, great service, and great overall conditions. Clear recommendation for everybody who is looking for a “real” broker. – Andreas
Excellent.
Excellent broker, good prices, and help if needed. – Anon
Interactive Brokers Pros and Cons
| ✔️Pros | ❌Cons |
| Wide range of products | Withdrawals and funding by bank transfer only |
| Highly regulated | Better for experienced investors |
| Trades on 80+ exchanges worldwide | Commission structure benefits high volume trades |
Min Deposit USD 0 Regulators CFTC, NFA, IIROC, FCA, CBI, ASIC, SFC, MNB, CSSF Trading Platform Proprietary Platforms Crypto Yes Total Pairs 91 Islamic Account No Trading Fees Low Account Activation 24 Hours
Conclusion
Interactive Brokers Fees, Spreads, and Commission involves fees from $1 USD / R 6 ZAR, spreads from 0.01 pips, and commission-free trading depending on the account traders select.
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Frequently Asked Questions
How many instruments can I trade with Interactive Brokers?
You can trade the following instruments:
- Stocks
- Options
- Futures
- Forex
- Metals
- Bonds
- ETFs
- Mutual Funds
- Hedge Funds
- Robo Portfolios
Which platforms are supported by Interactive Brokers?
Platforms supported by Interactive Brokers include:
- Interactive Brokers’ Client Portal
- Desktop TWS
- IBKR Mobile
- IBot
- IBKR WebTrader (Only for IBKR Pro Accounts)
- IBKR APIs (Only for IBKR Pro Accounts)
Does Interactive Brokers offer leverage?
Yes. Retail clients of Interactive Brokers have access to leverage between 1:5 and 1:400 (when using an account registered under the ASIC Regulations).
What spreads types can I expect with Interactive Brokers?
Spread types include: Future spreads, various combinations of option/option and option/stock on the same or on multiple underlyings.
Does Interactive Brokers charge fees on cryptocurrency trading?
Yes, although these fees are minimal and range from 0.12% – 0.18. Fees depend on monthly volume.
Does Interactive Brokers charge commission?
Yes. Commissions are charged on either a fixed or tiered basis when using an IBKR Pro account.
Are Interactive Brokers regulated?
Yes. Interactive Brokers is regulated by CFTC, NFA, IIROC, FCA, CBI, ASIC, SFC, MNB, and CSSF.
Is Interactive Brokers a recommended forex trading broker for experts and beginners?
Yes. Interactive Brokers caters to both beginners and experts.
What is the overall rating out of 10 for Interactive Brokers?
8/10.
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