IBKR is the Professional's Gateway to the World's Markets
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Global Market Access
Clients in over 200 countries and territories trade stocks, options, futures, currencies, bonds, funds, crypto1 and more on 150 global markets from a single unified platform .
View Global Markets
Fund your account and trade assets in 27 currencies.2
Learn About Account Funding
Scan world markets for undervalued stocks with IBKR GlobalAnalyst.
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Professional Pricing
Commissions start at USD 0 on US listed stocks and ETFs1 with low commissions on other products, and there are no added spreads, ticket charges or account minimums.*
Learn More About CommissionsMargin rates up to49%lower than the industry.2
Learn More and Compare Margin RatesEarn high interest rates of up to USD4.83% on instantly available cash.3
Learn More and Compare Interest Rates
IBKR BestXTM is a powerful suite of advanced trading technologies designed to help clients achieve best execution and maximize price improvement while minimizing market impact.
Learn More About Best ExecutionEarn extra income on your lendable shares.
Learn More About Stock Yield Enhancement
Which Plan is Best for You?
Compare Plans
IBKR Lite
IBKR Liteprovides retail clients with USD 0 commissions on US listed stock and ETF trades.
IBKR Pro
IBKR Prois for sophisticated investors and active traders. It accesses IB SmartRoutingSM.IB SmartRoutingSM helps support best execution by searching for the best available prices for stocks, options and combinations across exchanges and dark pools.
Which Plan is Best for You?
| Features | IBKR Lite | IBKR Pro |
|---|---|---|
| Commissions: | ||
US Exchange-Listed Stocks / ETFs | Commission-free1, 12 | Fixed or Tiered Pricing |
Other Stocks / ETFs | Fixed Pricing | Fixed or Tiered Pricing |
Options | Fixed Pricing2 | Fixed or Tiered Pricing |
Futures | Fixed Pricing | Fixed or Tiered Pricing |
Currencies | Tiered Pricing | Tiered Pricing |
Bonds | Tiered Pricing | Tiered Pricing |
Mutual Funds | Fixed Pricing | Fixed or Tiered Pricing |
| Account Fees: | ||
Minimum Balance | USD 0 | USD 0 |
Maintenance Fee | USD 0 | USD 0 |
Interest Paid on Instantly Available Cash Balances3 | Benchmark minus 1.5% | Benchmark minus 0.5% |
Interest Charged for Margin Loan | Benchmark plus 2.5% | Begins at Benchmark plus 1.5%, with lower rates for higher loan values.4 |
| Eligible Accounts: | ||
US Retail Investors5 | ||
Institutional Accounts6 | ||
Advisors7,8 | ||
Brokers9,10 | ||
| Account Features: | ||
Stock Yield Enhancement Program | ||
FDIC Promontory Program | ||
Market Data - US Listed Stock/ETFs | Complimentary non-consolidated, real time streaming data* for primary exchanges for US Equities and ETFs. | Complimentary non-consolidated, real time streaming data* for primary exchanges for US Equities and ETFs. |
Market Data - Other Products | Low-cost data bundles and a la carte subscriptions available. | Low-cost data bundles and a la carte subscriptions available. |
Outside Regular Trading Hours11 | 07:00 - 20:00 | 04:00 - 20:00 |
| Trading Technology: | ||
Client Portal | ||
IBKR Mobile | ||
IBot | ||
Trader Workstation (TWS) | ** | |
IBKR APIs | ||
Algos | † | |
Condition Orders & | ||
Paper Trading | ||
Mutual Fund / ETF Replicator | ||
Risk NavigatorSM | ||
= Included
- IBKR Lite is meant for retail investors, including financial advisors trading on behalf of their retail clients. IBKR reserves the right to reject any IBKR Lite order or series of orders if IBKR determines the order(s) appear to show non-retail trading behavior. At the time an order is rejected, the client will be automatically presented the option to resubmit the rejected order on a Fixed commission basis.
- Where available in North America.
- Accounts with a NAV of less than USD 100,000 (or equivalent) will be paid at a rate proportional to accounts with a NAV of USD 100,000 (or equivalent) or more. The proportion is determined by the ratio of the account's NAV to USD 100,000 (or equivalent). This does not apply to currencies with negative interest rates, where the negative rate applied will be the same regardless of account size. See our Interest Rates for details.
- See our Margin Rates for details.
- US Retail Investors includes individuals, joint, UGMA/UTMA, retirement and trust accounts.
- Standalone trust accounts with legal entity trustees are not eligible for IBKR Lite
- Institutional Accounts are defined as any hedge funds, proprietary trading group or organizational type accounts
- Advisors include all registered financial advisors and non-registered financial advisors.
- To be eligible for IBKR Lite, advisors must be US domiciled and must have:
- Less than 15% of client accounts outside the US
- Less than 15% of client equity outside the US
- Less than 15% of client accounts as organization accounts
- No client accounts from Israel
- No partitioned client accounts
- No Separate Trading Limits (Proprietary Trading) accounts
- Brokers require special approval from IBKR before opening an IBKR Lite account. Brokers cannot have both IBKR Lite and IBKR Pro clients under the same account structure. Separate accounts structures are required to facilitate.
- Brokers on the IBKR Lite plan cannot support the follow ing type of client sub accounts:
- Israel is the country of legal residence of the account holder
- Partitioned client accounts
- Three-tier hierarchies (no advisor or STL proprietary trading accounts)
- OMS clients
- Regular trading hours for IBKR Lite and IBKR Pro are 09:30 – 16:00. Market orders placed prior to regular trading hours will be treated as MarketOnOpen orders and count towards client threshold.
- At the end of each month, IBKR will review the total monthly trading volume of US listed stock orders. If the combined volume of OnClose, OnOpen, Outside Regular Trading Hours ("Outside RTH") or sub-USD 1.00 NMS exceeds 10% of an account's monthly US stocktrading volume, a commission of the lesser of USD 0.005 per share or 1% of trade value will be charged.
- * Excludes pink sheet data.
- **Trader Workstation (TWS) is not available to Brokers' clients enrolled in IBKR Lite.
- † Fees may apply.
We understand your investment needs change over time. You can switch between the IBKR Lite and IBKR Pro plan at any time. Your first three reclassifications are processed on a daily basis while subsequent reclassifications happen on a quarterly basis.
* For more information, see our disclaimers.
Lower investment costs will increase your overall return on investment, but lower costs do not guarantee that your investment will be profitable.
- IBKR Lite provides commission-free trades in US exchange-listed stocks and ETFs. For complete information, see our commissions.
- View our margin rates for more information.
- Restrictions apply. For additional information, see our interest rates. Credit interest rate as ofJanuary 2, 2024.
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Order Types and Algos
100+ order types – from limit orders to complex algorithmic trading – help you execute any trading strategy.
Comprehensive Reporting
Real-time trade confirmations, margin details, transaction cost analysis, sophisticated portfolio analysis and more.
A Broker You Can Trust
When placing your money with a broker, you need to make sure your broker is secure and can endure through good and bad times. Our strong capital position, conservative balance sheet and automated risk controls are designed to protect IBKR and our clients from large trading losses.
IBKR
Nasdaq Listed
$14.1B
Equity Capital*
74.6%
Privately Held*
$9.7B
Excess Regulatory Capital*
2.56M
Client Accounts*
1.931M
Daily Avg Revenue Trades*
IBKR Protection
*Interactive Brokers Group and its affiliates. For additional information view our Investors Relations - Earnings Release section.
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Even the most experienced traders or investors need to keep learning to stay ahead. Interactive Brokers provides several resources to help you better understand IBKR products and services, markets and technology.
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Disclosures
- Available currencies vary by Interactive Brokers affiliate.
- IBKR Lite provides commission-free trades in US exchange-listed stocks and ETFs. For complete information, see ibkr.com/commissions.
- For more information, see our disclaimers.
Lower investment costs will increase your overall return on investment, but lower costs do not guarantee that your investment will be profitable. - Rates are subject to change. View our margin rates for more information.
- Rates are subject to change. Restrictions apply. For additional information, see our interest rates. Credit interest rate as of January 2, 2024 .
- Interactive Brokers Group and its affiliates. For additional information view our Investors Relations - Earnings Release section.
-
- INTERACTIVE BROKERS LLC IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.
- Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. For more information about the risks surrounding the trading of Digital Assets please see the "Disclosure of Risks of Trading Digital Assets".
- IB is not party to any transactions in digital assets and does not custody digital assets on your behalf. All digital asset transactions occur on the Paxos Trust Company ("Paxos") or Zero Hash LLC ("Zero Hash") exchanges. Any positions in digital assets are custodied solely with Paxos or Zero Hash and held in an account in your name outside of IB.
- Digital assets held with Paxos or Zero Hash are not protected by SIPC.
- For more information about eligibility to trade digital assets with Paxos or Zero Hash, please see the FAQ.
As a seasoned financial expert, I can confidently delve into the content provided, shedding light on the intricacies of Interactive Brokers (IBKR) and its offerings. My knowledge in the financial industry extends to diverse areas, including brokerage platforms, market access, pricing structures, and technology-driven trading solutions.
The article highlights Interactive Brokers as the "Professional's Gateway to the World's Markets," emphasizing its global reach, professional pricing, innovative technology, and educational resources. IBKR enables clients in over 200 countries and territories to trade a wide range of financial instruments on 150 global markets through a single unified platform.
The platform offers comprehensive market access, allowing users to trade stocks, options, futures, currencies, bonds, funds, and even cryptocurrencies. Funding your account and trading assets in 27 currencies adds flexibility to cater to a global user base.
Key features such as IBKR GlobalAnalyst for stock analysis, competitive commission structures, and margin rates up to 49% lower than industry standards showcase the platform's commitment to providing value to users. The article emphasizes the absence of added spreads, ticket charges, or account minimums, further underlining the transparency and cost-effectiveness of IBKR.
The platform's differentiation between IBKR Lite and IBKR Pro plans caters to different investor profiles. IBKR Lite, designed for retail investors, offers commission-free trades on US-listed stocks and ETFs, while IBKR Pro targets sophisticated investors and active traders, providing access to advanced trading technologies like IB SmartRoutingSM.
The detailed breakdown of commission structures, account fees, eligible accounts, and trading technology for both plans aids users in choosing the plan that aligns with their specific needs. The inclusion of powerful trading platforms such as the Client Portal, IBKR Mobile, IBot, Trader Workstation (TWS), IBKR APIs, and various order types and algorithms reflects the platform's commitment to technological innovation.
Additionally, the information on account eligibility criteria for institutional accounts, advisors, and brokers adds transparency to the platform's client base. The mention of regular trading hours and the handling of market orders outside these hours provides clarity on the platform's operational procedures.
The article concludes by highlighting IBKR's robust financial position, listing key financial metrics, and emphasizing the platform's trustworthiness. Awards and accolades further validate the platform's standing in the industry.
In essence, Interactive Brokers positions itself as a versatile and technologically advanced brokerage platform, catering to a diverse clientele with a global outlook. The article serves as a comprehensive guide for potential users, addressing key aspects such as market access, pricing, technology, and trustworthiness.
