Brokerage

Includes GST. Exchange, clearing and regulatory fees are charged separately. View our broker's non-brokerage related fees.

United States

Charge0.10% of trade value

Ticket chargeA flat charge applied per order. The minimum per trade is inclusive of the ticket charge.$0.15

Min per trade$0.50

Buy $10,000 worth of US shares

0.10%(rate)×$10,000(trade value)+$0.15(ticket)=$10.15(brokerage)

Excludes exchange, clearing and regulatory fees.

US Exchange Fees›

Regulatory Fees

SEC Transaction Fee: USD 0.0000206 × Value of Aggregate Sales

FINRA Trading Activity Fee: USD 0.000195 × Quantity Sold

FINRA Consolidated Audit Trail Fee: USD 0.000003 × Quantity

Exchange Fees

AMEX ARCA ARCAEDGE BATS BLUEOCEAN BYX CBOE CHX Direct Edge EDGEA EDGX FOX RIVER Algo IBEOS IBKRATS IEX ISE JEFFALGO LTSE MEMX MIAX - PEARL NASDAQ/Island NASDAQ BX NASDAQ PSX NASDAQRLP NYSE NYSENAT NYSERLP OTC LINK ECN TXSE 24X National Exchange

Clearing Fees

NSCC, DTC Fees: USD 0.00020 per share

Pass Through Fees

NYSE Pass Through Fees: IBKR commission × 0.000175

FINRA Pass Through Fees: IBKR commission × 0.000565

Currency conversion

Applied whenever you convert cash between currencies, at a single flat rate for every pair.

Charge0.03% of trade value

Min per trade$2.00

FX spreadNone (mid-market rate)

Convert $10,000 into another currency

0.03%(rate)×$10,000(amount)=$3.00(fee)

Brokerage fees apply to all order types. Appropriate exchange fees will also apply.Est. fees shown at the time of order execution is calculated by IBKR. Final charge on your statement may differ due to exchange fees and regulatory fees that aren't immediately available.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.IBKR's Tiered (i.e., commission plus external venue fees/rebates) 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 IBKR's Tiered commission schedule may be greater than the costs paid by IBKR to the relevant exchange, regulator, clearinghouse or third party. For example, IBKR may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by IBKR may be less than the rebates IBKR receives from the relevant market. For example, IBKR may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients. In certain circumstances, IBKR may receive discounts with respect to exchange fees, including exchange and/or clearing fees, that may not pass-through to clients.Paasa may change these rates at any time in its sole discretion. Commission rates may also vary by program or arrangement. Restrictions apply. The published rates are for direct clients of Paasa only.