Commissions

With the Trader Workstation account offers you direct access to over 135 stock exchanges worldwide at fair and very transparent fees. Trade more than 1 million securities such as stocks, ETFs, futures, options, certificates, warrants, currencies / forex and many other exchange-traded securities and derivatives in one account.

Shares & ETFs

Country / exchange Order fee Minimum fee Maximum fee
XETRA 0.09 % EUR 3.90 EUR 89.00
Frankfurt1 0.09 % EUR 3.90 -
Stuttgart2 0.09 % EUR 5.90 -
ChiX, BATS 0.09 % EUR 1.90 -
Tradegate3 0.09 % EUR 1.90 -
Turquoise DE 0.09 % EUR 1.90 -
United States of America ¢1 per share USD 1.90 1.00 %4
United States of America - ADR USD 0.01 - 0.02 per Sheet - -
Austria 0.09 % EUR 3.90 -
Switzerland 0.09 % CHF 14.00 -
United Kingdom5 GBP 7.00 GBP 7.00 from GBP 50.000: GBP 7.00 + 0.05 %
France (in Euro-denominated assets) 0.09 % EUR 3.90 -
Belgium 0.09 % EUR 3.90 -
Netherlands (in Euro-denominated assets) 0.09 % EUR 1.90 -
Spain 0.09 % EUR 3.90 -
Italy 0.09 % EUR 3.90 -
Sweden (in Euro-denominated assets) 0.09 % EUR 3.90 -
Norway 0.09 % NOK 59.00 -
Canada ¢1 per share CAD 1.00 1.00 %
Mexiko 0.20 % MXN 70.00 -
Japan 0.09 % JPY 200.00 -
Hong Kong 0.09 % HKD 19.00 -
Australia 0.09 % AUD 9.90 -

Notes on shares & ETFs terms

1 Plus specialist fee at FWB (Frankfurt stock exchange); FWB: 0.0504 % of trade value (€2.52 minimum per order)

2 Plus specialist fees at SWB (Stuttgart Stock Exchange); SWB: DAX shares: 0.0336 % of the transaction volume (EUR 0.63 minimum per order); Other shares: 0.0672% of the transaction volume (EUR 0.63 minimum per order

3 Limit changes and Tradegate deletions: €0.50; Credit to max. €2.50 for same day execution.

4 Plus Exchange, Clearing and Transaction Fee at OTC/Pink.

Please note that different conditions apply to trading with so-called PINK SHEETS or OTC assets.
Unless otherwise stated, all the fees listed here for ETFs also apply to ETCs and ETNs.

5 Stamp duties (UK = 0.5 %, Ireland 1.0 %) are passed on directly to the customer.

OTC / Pink / ArcaEdge   Fee max. Fee
exchange fee Stock price USD <1.00 USD 0.000030 per share -
  Stock price USD >1.00 USD 0.0030 per share -
clearing fee (NSCC, DTC) per share USD 0.00020 max. 0.5 %
transaction fee (Sell only) - USD 0.0000218 * trading volume -
NYSE Pass-through fees - commission * USD 0.000175 -
FINRA Pass-through fees - commission * USD 0.00056 -
FINRA Trading Acitivity (Sell only) per share and order USD 0.000119 max USD 5.95

Notes:

  • Commissions apply to all order types.
  • All exchange and regulatory fees are included.
  • VAT, also referred to as consumption taxgoods 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 minimum commission 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.
  • Stamp duty: The stamp duty will be directly passed through to the client (UK = 0.5 %, Ireland = 1.0 %).

Stock Exchanges for Penny Stocks

Depending on the stock exchange, penny stocks are differently difficult to trade. In general:

Exchange PURE: Only a few (large) pennystocks tradable, rest: close-only*

Exchange VENTURE: Regular trading

Exchange PINK: Regular trading, occasionally close-only*

Exchange ARCAEDGE: Regular trading

*Close-only = Already purchased positions can be closed, but no new positions can be opened.

Notes on stock trading:

  • Commissions apply to all order types.
  • All exchange and regulatory fees are included.
  • 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 minimum commission 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.
  • Stamp duty: The stamp duty will be directly passed through to the client (UK = 0.5 %, Ireland = 1.0 %).

Example 1

Order: Purchase 1,000 shares of XYZ on Monday.

Execution of the order:

  • 300 shares on Monday at 02:00 p.m.
  • 300 shares on Monday at 04:00 p.m.
  • 400 shares on Monday at 04:15 p.m.
    costs: 1x order fee

Example 2

Order: Purchase of 1,000 shares of stock XYZ on Monday.

Execution of the order:

  • 400 shares on Monday at 03:00 p.m.
  • 200 shares on Tuesday at 02:00 p.m.
  • 100 shares on Tuesday at 02:30 p.m.
  • 300 shares on Wednesday at 11:30 a.m.
    Costs: 3x order fees

Options & Futures

Country Futures (per contract and side) Options (per contract) others
Germany - Micro-DAX®-Future EUR 0.80 - -
Germany - Mini-DAX®-Future EUR 0.90 - -
Germany EUR 1.90 EUR 1.90 -
USA - Micro E-Mini Futures USD 0.90 - MES, M6E, MNQ, M2K, MYM, MGC
USA USD 2.90 USD 2.90 -
Switzerland CHF 3.90 CHF 3.90 -
United Kingdom1 GBP 2.90 GBP 2.90 -
France EUR 1.90 EUR 1.90 -
Netherlands EUR 1.90 EUR 1.90 -
Spain EUR 1.90 - -
Belgium EUR 1.90 EUR 1.90 -
Italy EUR 1.90 EUR 1.90 -
Canada CAD 3.90 CAD 3.90 -
Japan JPY 500.00 JPY 500.00 -
Hong Kong HKD 29.00 HKD 29.00 -
South Korea 0.2 % KRW 1,900 Min. KRW 1,900
Singapore SGD 3.90 SGD 3.90 -
Australia AUD 5.90 AUD 5.90 -
Mexico - MXN 25 -
Norway - NOK 15 -
Sweden - SEK 30 -
CME Bitcoin Future (BTC) USD 15.90 -  
CME Bitcoin Micro Future (MBT) USD 5.90 -  
CME Ethereum Future (ETHUSDRR) USD 5.90 -  
CME Ethereum Micro Future (MET) USD 3.90 -  

Additional fees:

Limit change (change/deletion) for futures & options, EUREX: €0.25; credit note up to €2.50 upon execution on the same day.
Limit changes/deletions Tradegate: €0.50; credit note up to €2.50 upon execution on the same day.
Limit changes/deletions US options: USD 0.01.

1 Stamp duty (UK = 0.5 %) for the exercise of an option is passed on directly to the customer.

 

 

Overview Forex CFDs

Currency Name Commission Minimum Commission
EUR Euro 0.10 % from EUR 3.00
USD United States Dollar 0,01 % from USD 1.90
CAD Canadian Dollar 0.01 % from CAD 2.90
AUD Australian Dollar 0.05 % from AUD 5.90
CHF Swiss Francs 0.10 % from CHF 3.90
GBP British Pounds 0.10 % from GBP 3.90
HKD Hong kong Dollar 0.10 % from HKD 10.00
HUF Hungarian Forint 0.01 % from HUF 900.00
JPY Japanese Yen 0.10 % from JPY 490.00
NZD New Zealand Dollar 0.01 % from NZD 3.90
PLN Polish Zloty 0.10 % from PLN 15.00
SGD Singapore Dollar 0.10 % from SGD 3.90
MXN Mexican Peso 0.10 % from MXN 39.00
ILS Israeli Shekel 0.01 % from ILS 10.00
SEK Swedish Krona 0.09 % from SEK 14.00
NOK Norwegian Krone 0.09 % from NOK 14.00
CZK Czech Krona 0.02 % from CZK 70.00
DKK Danish Krona 0.09 % from DKK 40.00
RUB Russian Ruble 0.10 % from RUB 140.00
CNH Chinese Yuan 0.10 % from CNH 19.00
ZAR South African Rand 0.01 % from ZAR 50.00

Example:
5 CFDs Germany 30 (symbol: IBDE30), trading at 12.000 index points
-> 5 CFDs * 12.000 = €60.000 in trading value
-> €60.000 * 0.01 % (commission) = €6.00 fee

Financing cost for CFDs

  • For long-positions you’ll have to pay debit interest.
  • By holding a short position you will receive credit interest. In the case of negative credit interest rates, you will also pay for short-positions.

On the Trader Workstation you can trade contracts for difference (CFDs) on stocks, indices and Forex.

Overview Share CFDs on Trader Workstation

Country Currency Commission Minimum Commission Financing costs
Australia AUD 0.05 % AUD 5.90 Key interest rate +/- 3 %
Europe EUR 0.1 % EUR 3.90 Key interest rate +/- 3 %
Denmark DKK 0.09 % DKK 59.00 Key interest rate +/- 3 %
United Kingdom GBP 0.1 % GBP 3.9 Key interest rate +/- 3 %
Japan JPY 0.1 % JPY 490.00 Key interest rate +/- 3 %
Norway NOK 0.09 % NOK 59.00 Key interest rate +/- 3 %
Sweden SEK 0.09 % SEK 49.00 Key interest rate +/- 3 %
Switzerland CHF 0.1 % CHF 3.90 Key interest rate +/- 3 %
Czech Republic CZK 0.2 % CZK 90.00 Key interest rate +/- 3 %
USA USD ¢1 per CFD contract USD 1.90 Key interest rate +/- 3 %

Overview Index CFDs on Trader Workstation at FXFlat

Index CFD Symbol Commission Minimum Commission Financing Costs
Germany 40 IBDE40 0.01 % EUR 1.90 Key interest rate +/- 3 %
US 30 IBUS30 0.01 % USD 1.90 Key interest rate +/- 3 %
US 500 IBUS500 0.01 % USD 1.90 Key interest rate +/- 3 %
US Tech 100 IBUST100 0.01 % USD 1.90 Key interest rate +/- 3 %
UK 100 IBGB100 0.01 % GBP 1.90 Key interest rate +/- 3 %
Euro 50 IBEU50 0.01 % EUR 1.90 Key interest rate +/- 3 %
France 40 IBFR40 0.01 % EUR 1.90 Key interest rate +/- 3 %
Spain 35 IBES35 0.01 % EUR 1.90 Key interest rate +/- 3 %
Netherlands 25 IBNL25 0.01 % EUR 1.90 Key interest rate +/- 3 %
Switzerland 20 IBCH20 0.01 % CHF 1.90 Key interest rate +/- 3 %
Japan 225 IBJP225 0.01 % JPY 50.00 Key interest rate +/- 3 %
Hong Kong 50 IBHK50 0.01 % HKD 14.00 Key interest rate +/- 3 %
Australia 200 IBAU200 0.01 % AUD 1.90 Key interest rate +/- 3 %
Italy 40 IBIT40 0.01 % EUR 1.90 Key interest rate +/- 3 %

Currency Trading on Trader Workstation at FXFlat

Currency Name Commission Minimum Commission
EUR Euro 0.2 basis points * volume EUR 3.50
USD United States Dollar 0.2 basis points * volume USD 3.50
AUD Australian Dollar 0.2 basis points * volume AUD 3.50
CAD Canadian Dollar 0.2 basis points * volume CAD 3.50
CHF Swiss Franc 0.2 basis points * volume CHF 3.50
CNH Chinese Yuan 0.2 basis points * volume CNH 20.00
CZK Czech Crown 0.2 basis points * volume CZK 3.50
DKK Danish Crown 0.2 basis points * volume DKK 15.00
GBP British Pound 0.2 basis points * volume GBP 3.50
HKD Hong Kong Dollar 0.2 basis points * volume HKD 19.00
HUF Hungarian Forint 0.2 basis points * volume HUF 900.00
ILS Israeli Schekel 0.2 basis points * volume ILS 10.00
JPY Japanese Yen 0.2 basis points * volume JPY 150.00
MXN Mexican Peso 0.2 basis points * volume MXN 39.00
NOK Norwegian Krone 0.2 basis points * volume NOK 14.00
NZD New Zealand Dollar 0.2 basis points * volume NZD 3.90
RUB Russian Ruble 0.2 basis points * volume RUB 140.00
SEK Swedish Krona 0.2 basis points * volume SEK 14.00
SGD Singapore Dollar 0.2 basis points * volume SGD 3.90
TRY Turkish Lira 0.2 basis points * volume TRY 20.00
ZAR South African Rand 0.2 basis points * volume ZAR 60.00

Example for a forex trade

Buy: 100.000 EUR/USD with quote EUR/USD: 1.30
(Means: Buying 100.000 Euro and Selling 130.000 USD at the same time)

Calculation: 0.00002*130.000 USD ⇒ 2.60 USD Order fee

Spot Forex - No hidden mark-ups, but transparent and cheap interbank spreads with top commissions at FXFlat!

Warrants & certificates

Exchange Order fee Minimum fee
Frankfurt 0.10 % EUR 3.90
Stuttgart 0.12 % EUR 3.90

Interest rates

Currency IBKR Benchmark (BM) Credit (per year)* Debit (per year)
AUD Australian Dollar LIBOR (RBA Daily Cash Rate Target) Benchmark -0.5% Benchmark + 3%
CAD Bank of Canada Overnight Lending Rate Benchmark -0.5% Benchmark + 3%
CHF Swiss Average Rate Overnight (SARON) Benchmark -0.5% Benchmark + 3%
CNY/CNH CNY HIBOR Overnight Fixing Rate Benchmark -0.5% Benchmark + 3%
CZK Prag ON Interbank Offered Rate Benchmark -0.5% Benchmark + 3%
DKK Danish Tom/Next Index Benchmark -0.5% Benchmark + 3%
EUR Euro Short-Term Rate (€STR) Benchmark -0.5% Benchmark + 3%
GBP Sterling Overnight Index Average (SONIA) Benchmark -0.5% Benchmark + 3%
HKD HKD HIBOR (Overnight rate) Benchmark -0.5% Benchmark + 3%
HUF Budapest Interbank Offered Rate Benchmark -0.5% Benchmark + 3%
ILS Tel Aviv Interbank Offered O/N Rate Benchmark -0.5% Benchmark + 3%
INR India SBI Base Rate Benchmark -0.5% Benchmark + 3%
JPY Tokyo Overnight Average Rate (TONAR) Benchmark -0.5% Benchmark + 3%
KRW Korean Won KORIBOR (1 week) Benchmark -0.5% Benchmark + 3%
MXN Mexican Interbank TIIE (28 day rate) Benchmark -0.5% Benchmark + 3%
NOK Norwegian Overnight Weighted Average Benchmark -0.5% Benchmark + 3%
NZD New Zealand Dollar Official Cash Daily Rate Benchmark -0.5% Benchmark + 3%
PLN WIBOR (Warsaw Interbank Overnight Rate) Benchmark -0.5% Benchmark + 3%
RUB RUONIA (Ruble Overnight Index Average) Benchmark -0.5% Benchmark + 3%
SEK SEK STIBOR (Overnight Rate) Benchmark -0.5% Benchmark + 3%
SGD Singapore Dollar SOR (Swap Overnight) Rate Benchmark -0.5% Benchmark + 3%
USD Fed Funds Effective (Overnight Rate) Benchmark -0.5% Benchmark + 3%
ZAR South Africa Benchmark Overnight Rate on Deposits (Sabor) Benchmark -0.5% Benchmark + 3%

Interest rates are daily calculated and credited to your account at the beginning of each calendar month. Effective interest rates are available at the end of each month in the “monthly report”.

Interest rates serve for information purposes, relevant interest rates are those shown in your account after having logged in.

*Interest Paid on Idle Cash Balances (Exception: Interactive Brokers Central Europe does not pay credit interest!)

Client accounts are eligible to receive credit interest on long settled cash balances and short stock collateral values in their securities accounts. Interest accrues and is payable on a daily basis. IBKR posts the interest payments on a monthly basis on the third business day of the following month.

IBKR uses a blended rate based on the tiers outlined in the table below. The tiers on which interest rates are based are subject to change without prior notification.
For balances held in CHF, CZK, DKK, EUR, JPY or SEK, IBKR currently applies an effective negative rate to long balances held. For other currencies in which the benchmark rate plus the interest rate paid is less than zero, the interest paid is 0%.

Account & payment transactions

Trader Workstation Account Fees
Account management Free of charge
Telephone orders* Depending on the currency via Interactive Brokers
Trading Software: Trader Workstation Free of charge
Trading Software: AgenaTrader Free of charge
Trading Software: Mobile App Free of charge
Trading Software: WebTrader Free of charge
Dividend payment Free of charge

Payment transactions Fees
Opening an account Free of charge
Deposit by bank transfer Free of charge
1st payout per calendar month Free of charge
2nd and every further payout per calendar month by SEPA €1.00
2nd and every further payout in the calendar month by bank transfer €8.00

Additional Fees
Partial Executions free of charge at the same day
Exposure Fee Daily Exposure Fee imposed for having a very high worst-case loss risk exposure.
Legal Entity Identifier (LEI) New corporate customers need a LEI number. If you need one, you can order it in the opening process. The registration fee is €60.00 and an annual fee of $75.00.
Inactivity Fee Every client with equity below $1,000 generates at least $1.00 in commissions each month or will be assessed the difference.

Phone numbers for telephone orders

Country Direct Dial Availability Times CET
Swiss UK +41 4172 6950 0 +44 2077 1056 95 Monday - Friday 09:00 a.m. - 06:00 p.m.
USA +1 3125 4269 01 Monday - Saturday 02:00 p.m. - 02:00 a.m.
Hongkong +852 2156 7907 Monday - Friday 02:00 a.m. - 11:00 a.m.

In principle, orders can only be placed online.
In case of technical problems that prevent access to these trading platforms, open positions can be closed by telephone as market orders via Interactive Brokers. New positions cannot be opened by telephone.

Please have your security questions and answers and your U-account number ready!

Please note that you can reach the English-speaking trading department of Interactive Brokers with the listed telephone numbers!

Telephone Orders to close Positions

Currency Telephone Orders*
USD 30.00 USD per order
CAD 40.00 CAD per order
MXN 550.00 MXN per order
CHF 30.00 CHF per order
EUR 30.00 EUR per order
GBP 25.00 GBP per order
NOK 250.00 NOK per order
SEK 250.00 SEK per order
AUD 40.00 AUD per order
HKD 235.00 HKD per order
INR¹ 2,000,00 INR per order
JPY 3,000.00 JPY per order
KRW 35,000.00 KRW per order
NZD 40.00 NZD per order
SGD 40.00 SGD per order

* Orders can only be placed by phone for orders to close positions. The stated fee is in addition to all regular commissions. If there is a technical problem on the part of IBKR, the fees will be waived.

¹ Demat fees of 4.5 INR per share (regardless of the number of shares) apply in the following cases: sale of shares, transfer from the beneficiary's account to the personal Demat account and vice versa, transfer from the personal Demat account to a Demat account with one other broker.

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