IBKR Pro | IBKR Lite | |
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Account Minimums | USD 0.00 | USD 0.00 |
Account Maintenance Fees |
Up to USD 10 based on activity Will be equal to zero if:
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USD 0.00 |
If your IBKR Pro account does not meet these criteria, we may charge an activity fee as described below.
Account Structure | Monthly Activity Fee 2 | Waiver |
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Single Accounts, Individuals and Small Businesses |
Monthly Activity Fee = 0 if monthly commissions are equal to or greater than USD 10. If monthly commissions are less than USD 10, Standard Activity Fee = USD 10 – commissions. Example: |
The first three full calendar months 7 or Accounts whose Net Liquidation Value >= USD 100,000 (or non-USD equivalent) or Total assets for all related accounts8 > [(number of related accounts) * (USD 100,000)] |
Average Equity Balance is less than USD 2,000 3 |
Monthly Activity Fee = 0 if monthly commissions are equal to or greater than USD 20. Example: |
Not applicable. |
Accounts (employee) linked to an EmployeeTrack account |
Monthly Activity Fee = USD 3. Example: |
The first three full calendar months 7 or Accounts whose Net Liquidation Value >= USD 100,000 (or non-USD equivalent) or Total assets for all related accounts8 > [(number of related accounts) * (USD 100,000)] |
Client is age 25 or under |
Monthly Activity Fee = 0 if monthly commissions are equal to or greater than USD 3. Example: |
The first three full calendar months 7 or Accounts whose Net Liquidation Value >= USD 100,000 (or non-USD equivalent) or Total assets for all related accounts8 > [(number of related accounts) * (USD 100,000)] |
Account Structure | Monthly Activity Fee 2 | Waiver |
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Linked Accounts |
Monthly Activity Fee = 0 if consolidated monthly commissions are at least equal to (number of accounts x USD 10). Example: |
The first three full calendar months 7 or Total assets for all related accounts8 > [(number of related accounts) * (USD 100,000)] |
Account Structure | Monthly Activity Fee 2 | Waiver |
---|---|---|
UGMA/UTMA Accounts |
Monthly Activity Fee = 0 if monthly commissions are equal to at least USD 10. If monthly commissions are less than USD 10, |
The first three full calendar months 7 or Accounts whose Net Liquidation Value >= USD 100,000 (or non-USD equivalent) or Total assets for all related accounts8 > [(number of related accounts) * (USD 100,000)] |
Account Structure | Monthly Activity Fee 2 | Waiver |
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Advisor, Friends and Family, Family Office, and Hedge Fund Investment Accounts |
Advisor Master AccountThere is no Activity Fee for the Master Account. |
N/A |
Advisor Client Accounts5,6Monthly Activity Fee = 0 if consolidated monthly commissions are less than the Required Minimum, the standard minimum activity fee will be applied to each account, proportionally on an account-by-account basis as described below. To calculate the Required Minimum, multiply the total number of open client accounts during the month by 10.
Each client account cannot be charged more fees than the required minimum. That is, if an account meets the required minimum of USD 10, it cannot be charged fees > USD 10. The resulting minimum fees charge for each account = Minimum ([Proportionally Charged Monthly Activity Fee], [Client Account Deficit]) |
If after performing the consolidated calculation, it is determined that fee must be charged on an account-by-account basis, then the following waivers will be applied to each client account: The first three full calendar months 7 or Accounts whose Net Liquidation Value >= USD 100,000 (or non-USD equivalent) or Total assets for all related accounts8 > [(number of related accounts) * (USD 100,000)] |
|
Separate Trading Limit | Monthly Activity Fee = 0 if consolidated monthly commissions are at least equal to (number of accounts4 x USD 10). Example: If the monthly consolidated commissions are less than the required minimum, an activity fee is charged on an account-by-account basis using the Standard Activity Fee calculation described above. 5, 7 |
If after performing the consolidated calculation, it is determined that fee must be charged on an account-by-account basis, then the following waivers will be applied to each client account: The first three full calendar months 7 or Accounts whose Net Liquidation Value >= USD 100,000 (or non-USD equivalent) or Total assets for all related accounts8 > [(number of related accounts) * (USD 100,000)] |
Account Structure | Monthly Activity Fee 2 | Waiver |
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Brokers |
Broker Master AccountMonthly Activity Fee = 0 ifconsolidated monthly commissions are equal to at least USD 2,000.* If monthly commissions are less than USD 2,000 Activity Fee = USD 2,000 – commissions. *We require an initial deposit of 10,000 USD to be applied against your first eight months' minimum commissions. At the end of the eighth month, your total commissions are subtracted from the 10,000 deposit to reach the required commission minimum. Example: |
N/A |
Broker Client Accounts5Monthly Activity Fee = 0 if consolidated monthly commissions are at least equal to the summed total of the standard minimum activity fee as applied to each account. However, a USD 1 activity fee will be applied to accounts having a Net Liquidation Value of less than USD 1000. If the monthly consolidated commissions are less than the required minimum, an activity fee is charged proportionally on an account-by-account basis as described below
Each client account cannot be charged more fees than the required minimum. That is, if an account meets the required minimum of USD 10, it cannot be charged fees > USD 10. The resulting minimum fees charge for each account = Minimum ([Proportionally Charged Monthly Activity Fee], [Client Account Deficit]) |
If after performing the consolidated calculation, it is determined that fee must be charged on an account-by-account basis, then the following waivers will be applied to each client account: If after performing the consolidated calculation, it is determined that fee must be charged on an account-by-account basis, then the following waivers will be applied to each client account: The first three full calendar months 7 or Accounts whose Net Liquidation Value >= USD 1,000 (or non-USD equivalent) or Total assets for all related accounts8 > [(number of related accounts) * (USD 100,000)] |
Notes:
A USD 10,000 (or non-USD equivalent) up front deposit will be required that will be applied against commissions during the first 8 months.
Time Period | Required Minimum Commissions | Examples (USD or non-USD equivalent) |
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The first 8 months | USD 10,000 (or non-USD equivalent) | If total commissions paid during the first 8 months are less than the required minimum, the difference is paid as a maintenance fee. Example: USD 10,000 minimum - USD 7,000 commissions = USD 3,000 maintenance fee. |
Starting the 9th month | USD 2,000 per month (or non-USD equivalent) | If total commissions paid during any month after the first 8 months are less than the monthly minimum, the difference is paid as a maintenance fee. Example: USD 2,000 minimum - USD 1,400 commissions = USD 600 maintenance fee. |
Category | Required Deposit |
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Trading Group Masters | USD 10,000 (or non-USD equivalent) |
Clients requiring any of the connections listed below are subject to the following minimum commissions:
VPN | ||
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Trader Workstation and TWS API | REST API | FIX CTCI |
Not supported | Not supported | USD 1,500.00 per month minimum commission for first session; USD 1,000.00 per month minimum commission for any subsequent line(s) |
Gateway (Internet) | ||
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Trader Workstation and TWS API | REST API | FIX CTCI |
USD 10.00 per month minimum commission (USD 3.00 for age 25 and under) |
USD 10.00 per month minimum commission (USD 3.00 for age 25 and under) |
USD 1,500.00 per month minimum commission for first session; USD 1,000.00 per month minimum commission for any subsequent line(s) |
OAuth (Internet) | ||
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Trader Workstation and TWS API | REST API | FIX CTCI |
Not supported | USD 10.00 per month minimum commission (USD 3.00 for age 25 and under) (For FAs and Institutions Only) |
Not supported |
Extranet (Radianz, TNS) | ||
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Trader Workstation and TWS API | REST API | FIX CTCI |
USD 500.00 per month minimum commission | USD 500.00 per month minimum commission | USD 1,500.00 per month minimum commission for first session; USD 1,000.00 per month minimum commission for any subsequent line(s) |
Dedicated Leased Line (Verizon, AT&T, etc.) | ||
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Trader Workstation and TWS API | REST API | FIX CTCI |
USD 500.00 per month minimum commission | USD 500.00 per month minimum commission | USD 1,500.00 per month minimum commission for first session; USD 1,000.00 per month minimum commission for any subsequent line(s) |
Cross-Connect | ||
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Trader Workstation and TWS API | REST API | FIX CTCI |
USD 500.00 per month minimum commission | USD 500.00 per month minimum commission | USD 1,500.00 per month minimum commission for first session; USD 1,000.00 per month minimum commission for any subsequent line(s) |
Notes:
See the API Solutions for more details.