Other Fees


Cancel/Modify Orders

Many exchanges charge fees to their members for orders that are cancelled or modified, and IB charges certain related fees to its customers to help cover these exchange fees. Please note however, that the Modify/Cancel fees listed below may not be a direct "pass-through" of exchange fees in all cases as IB has created cancellation policy based on ease of implementation and proper resource allocation.

Asset/Order Origin Routing Venue Fee per Order(6) Execution Credit (1) (4) Example
US Stock orders
API/CTCI Directed All USD 0.12 USD 0.24 per API/CTCI Directed execution  
API/CTCI Smart   None N/A  
TWS Directed and Smart All None N/A  
US Options orders(2)
  Smart(3) As charged by the exchange(5) USD 0.25 per executed contract, capped at USD 3.75 per order (up to 15 contracts per order) If a customer buys 20 contracts, the credit of $0.25 is given only for the first 15 contracts, and is capped at 1/3 of the commissions paid for the first 15 contracts:

20 contracts at $0.25/contract in commissions =
a credit of 15*0.25*1/3 = $1.25
  AMEX USD 1.25 USD 0.20 per executed contract, capped at USD 1.20 per order (up to 6 contracts per order) If a customer buys 20 contracts, the credit of $0.20 is given only for the first 6 contracts, and is capped at 1/3 of the commissions paid for the first 6 contracts.

6 contracts at 0.70/contract in commissions:
cap = min($1.20, $0.70*6*(1/3)) =
min($1.20, $1.40) = $1.20

6 contracts at $0.25/contract in commissions:
cap = min($1.20, $0.25*6*(1/3)) = min($1.20, $0.50) = $0.50
  BATS USD 0.10 USD 0.05 per executed contract, capped at USD 0.10 per order (up to 2 contracts per order) If a customer buys 20 contracts, the credit of $0.05 is given only for the first 2 contracts, and is capped at 1/3 of the commissions paid for the first 2 contracts.

2 contracts at $0.70/contract in commissions:
cap = min($0.10, $0.70*2*1/3) = min($0.10, $0.47) = $0.10
  BOX USD 0.10 USD 0.05 per executed contract, capped at USD 0.10 per order (up to 2 contracts per order) If a customer buys 20 contracts, the credit of $0.05 is given only for the first 2 contracts, and is capped at 1/3 of the commissions paid for the first 2 contracts.

2 contracts at $0.70/contract in commissions:
cap = min($0.10, $0.70*2*1/3) = min($0.10, $0.47) = $0.10
  CBOE USD 2.00 USD 0.33 per executed contract, capped at USD 1.98 per order (up to 6 contracts per order) If a customer buys 20 contracts, the credit of $ 0.33 is given only for the first 6 contracts, and is capped at 1/3 of the commissions paid for the first 6 contracts.

6 contracts at 0.25/contract in commissions:
cap = min($1.98, $0.25*6*(1/3)) =
min($1.98, $0.50) = $0.50
  ISE USD 2.00 USD 0.33 per executed contract, capped at USD 1.98 per order (up to 6 contracts per order) If a customer buys 20 contracts, the credit of $0.33 is given only for the first 6 contracts, and is capped at 1/3 of the commissions paid for the first 6 contracts.

6 contracts at 0.25/contract in commissions:
cap = min($1.98, $0.25*6*(1/3)) =
min($1.98, $0.50) = $0.50
  NASDAQ USD 0.10 USD 0.05 per executed contract, capped at USD 0.10 per order (up to 2 contracts per order) If a customer buys 20 contracts, the credit of $0.05 is given only for the first 2 contracts, and is capped at 1/3 of the commissions paid for the first 2 contracts.

2 contracts at $0.70/contract in commissions:
cap = min($0.10, $0.70*2*1/3) = min($0.10, $0.47) = $0.10
  PHLX USD 2.10 USD 0.35 per executed contract, capped at USD 2.10 per order (up to 6 contracts per order) If a customer buys 20 contracts, the credit of $0.35 is given only for the first 6 contracts, and is capped at 1/3 of the commissions paid for the first 6 contracts.

6 contracts at 0.70/contract in commissions:
cap = min($2.10, $0.70*6*(1/3)) =
min($2.10, $1.40) = $1.40
  PSE USD 0.10 USD 0.05 per executed contract, capped at USD 0.10 per order (up to 2 contracts per order) If a customer buys 20 contracts, the credit of $0.05 is given only for the first 2 contracts, and is capped at 1/3 of the commissions paid for the first 2 contracts.

2 contracts at $0.70/contract in commissions:
cap = min($0.10, $0.70*2*1/3) = min($0.10, $0.47) = $0.10
EUR Options and Futures orders
TWS and API/CTCI All EUR 0.50 EUR 2.50 per Eurex execution in the same product on the same day.  

Orders with a time in force that specifies an expiration time, such as GTC, will be assessed cancel fees according to the above schedule.

Notes:
  • 1 Execution credits are applied against cancel or modify fees for the day. Execution credits cannot be greater than cancel/modify fees.
  • 2 Cancel/modify fees and execution credits are not applied to US Option combo orders
  • 3 Smart-routed Continuous Update Volatility and Pegged-to-Stock orders will only be routed to BOX or PSE and will not incur modify fees.
  • 4 For options, credit is the lesser of (1/3 of commissions paid on those contracts that count towards credit) and (Execution Credit).
  • 5 For example, a smart-routed order routed to PHLX then cancelled would be charged the PHLX cancel fee of USD 2.10.
  • 6 Unless otherwise specified, the per-order fee applies to both order cancellations and modifications.

Click here for more cancel/modify fee examples.

Trade Bust/Adjustments

If an exchange or other market center charges Interactive Brokers a trade bust,  trade cancel fee or trade adjust fee because of an order placed by an IB customer, or because of a customer bust or adjust request, the customer is fully responsible for the fee and the fee will be deducted from the customer’s account.

In addition to fees charged by exchanges (and in cases where exchanges do not charge a fee), IB will charge the following fees for requests to have trades busted:

  • $50 for the first bust request in a calendar month.
  • $100 per incident for subsequent bust requests in the same calendar month.

The above fees are subject to change.

Exchange Fees Additional info
EUREX 500 EUR  
CME Group (ECBOT, Globex, NYMEX) 500 USD When GCC(1) busts a trade, the party responsible for entering the order into the electronic trading system that gave rise to the trade bust/adjustment shall pay an administrative fee to the Exchange in the amount of $500 for each occurrence. If a non-member customer responsible for entering an order that results in a trade bust fails to pay the fee in accordance with this section, the clearing member carrying the customer's account shall be responsible for payment of the fee.

For additional information see the CME Group Rulebooks. For information regarding CME Rules 588 and 622, click here.
NASDAQ 250 USD If an appeal is requested on a ruling that was previously made and that appeal upholds the original decision, Nasdaq will assess a fine for the appeal.

Additional information regarding this policy can be found on this page. Clearly Erroneous Rule changes effective October 5, 2009, can be found here. For a list of fees, click here.
HKFE 3000 HKD  
Notes:
  • 1GCC is the group at the CME that is responsible for reviewing ECBOT, Globex, and NYMEX executions.
Corporate Actions Fees

IB will not charge for Corporate Actions affecting securities in your portfolio. Click here for more information.

Type    
All   (Mandatory, Voluntary, With Options, etc)   Free
Prime Broker Take-up Fees
Stocks (US only)
USD 1.00 per line item
Options (US only):
USD 1.00 per line item + Exchange Clearing Fees + Regulatory Fees (which combined are USD 0.05/contract)
Futures (US only)
USD 1.00 per line item + Exchange Clearing Fees + Regulatory Fees
Futures Options (US only)
USD 1.00 per line item + Exchange Clearing Fees + Regulatory Fees
Stocks (CAD only)
CAD 1.00 per line item
Withdrawals

After the first withdrawal (of any kind) in a month, IB will charge the following withdrawal fees for any subsequent withdrawal:

Base Currency Wires Checks ACH/EFT SEPA
USD 10.00 4.00 1.00 N/A
AUD 15.00 N/A N/A N/A
CAD 12.00 N/A 2.00 N/A
CHF 11.00 N/A N/A N/A
EUR 8.00 N/A N/A 1.00
GBP 7.00 N/A N/A N/A
HKD 95.00 N/A N/A N/A
JPY 1,600.00 N/A N/A N/A
MXN 100.00 N/A N/A N/A
NZD 15.00 N/A N/A N/A
SEK 50.00 N/A N/A N/A
Deposits

Due to third-party fees to IB, we will pass on a portion of these fees. After the first deposit (of any kind) in a month, IB will charge the following deposit fees for any subsequent deposits.

Base Currency Deposit Amount Wire Fee
MXN Less than 250,000 100

 

Exercise and Assignment Fees
   
Stock Options Free
US Index Options Free
Non-US Index Options Charged the option commission if in-the-money.
Out-of-the-money - free.
Futures and Futures Options Charged the futures options & futures commission.
Charged fees at expiration.
Bundled fees are charged even if the customer has elected unbundled schedule.
ADR (American Depository Receipt) Fees

The Depository Trust Company (DTC) collects custody fees on behalf of ADR agents for ADRs which do not pay periodic dividends. The fees are deducted by DTC in monthly billing and will be passed to accounts which held the ADR on the record date.

For additional information on the fee IB recommends that you consult the ADR prospectus.


Type
 Pass-Thru Fee
ADR Fee
 Range of 0.01 to 0.03 per share
Miscellaneous
Base Currency Telephone Orders
Check Stop Payment
Bounced Check Fee
Archived Statements(1)
Cash Deposits(2)
       
Tier I
Tier II
 Fee Minimum Charge
Australian Dollars (AUD) AUD 35/order N/A N/A AUD 30/first statement, AUD 6/each additional statement. AUD 60/first statement, AUD 10/each additional statement. 1% AUD 60
British Pounds (GBP) £20/order N/A N/A GBP 15/first statement, GBP 3/each additional statement. GBP 35/first statement, GBP 5/each additional statement. 1% £35
Canadian Dollars (CAD) CAD 30/order N/A N/A CAD 25/first statement, CAD 5/each additional statement. CAD 55/first statement, CAD 12/each additional statement. 1% CAD 50
Euros (EUR) €25/order N/A N/A EUR 20/first statement, EUR 5/each additional statement. EUR 40/first statement, EUR 10/each additional statement. 1% €40
Hong Kong Dollars (HKD)(3) HKD 235/order N/A N/A HKD 200/first statement, HKD 40/each additional statement. HKD 400/first statement, HKD 80/each additional statement. 1% HKD 400
Japanese Yen (JPY)(3) JPY 3,000/order N/A N/A JPY 2,500/first statement, JPY 500 each additional statement. JPY 5,000/first statement, JPY 1,000 each additional statement. 1% JPY 5,000
Korean Won (KRW)(3) KRW 35,000/order N/A N/A N/A N/A   N/A
Indian Ruppe (INR) INR 1,500 N/A N/A N/A N/A   N/A
Mexican Pesos (MXN) MXN 400/order N/A N/A MXN 325/first statement, MXN 70/each additional statement. MXN 650/first statement, MXN 140/each additional statement. 1% MXN 650
New Zealand Dollar (NZD) NZD 45 N/A N/A N/A N/A 1% NZD 70
Norwegian Krone (NOK) NOK 200 N/A N/A N/A N/A 1% NOK 300
Swedish Krona (SEK) SEK 250/order N/A N/A SEK 200/first statement, SEK 40/each additional statement. SEK 400/first statement, SEK 80/each additional statement. 1% SEK 400
Swiss Francs (CHF) CHF 35/order N/A N/A CHF 30/first statement, CHF 6/each additional statement. CHF 60/first statement, CHF 10/each additional statement. 1% CHF 55
US Dollars (USD) USD 30/order $50.00 $25.00 USD 25/first statement, USD 5/each additional statement. USD 50/first statement, USD 10/each additional statement. 1% USD 50

Notes:
  • Telephone orders are only allowed for closing orders, and the stated fee is in addition to all regular commission fees. Fees will be waived in the case of IB technology problems.

  • 1Tier 1 = for those statements between 4 and 6 years old
      Tier 2 = for those statements 7 years and older
      For additional information on availability of Daily and Monthly statements click here.
  • 2Please be aware that it is against Interactive Brokers policy to accept physical currency (cash) deposits. Please make all deposits to your IB account by wire transfer, check, direct bank transfer (ACH), or via one of the other methods described in the Funds and Banking page. IB will charge a special handling fee of 1% of the deposit amount (minimum $50 fee) for any physical currency deposits.
  • 3When transferring Asian positions from your IB account, there is a charge of 50.00 USD for each request.