If you are an institution, click below to learn more about our offerings for RIAs, Hedge Funds, Compliance Officers and more.

Margin Reference Benchmark Rates

Reference Benchmark Rates


IBKR's benchmark for each currency is the reference rate around which our credit, debit, stock loan and other interest rate linked calculations are determined. IBKR uses a combination of internationally recognized reference rates (such as LIBOR and Fed Funds), bank deposit rates, and dynamic interbank rates determined from foreign exchange and money markets to calculate an IBKR Reference Benchmark rate.

For more information about IBKR Reference Benchmark click here.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate click here.


CurrencyDescription for Effective Date 20220117 Rate Effective Date
USD
Reference Benchmark USD
0.080%
20220117
USD
Reference Benchmark USD Libor
0.074%
20220117
AUD
Reference Benchmark AUD
0.042%
20220117
BRL
Reference Benchmark BRL
9.150%
20220117
CAD
Reference Benchmark CAD
0.096%
20220117
CHF
Reference Benchmark CHF
(0.797)%
20220117
CNH
Reference Benchmark CNH
1.546%
20220117
CZK
Reference Benchmark CZK
3.499%
20220117
DKK
Reference Benchmark DKK
(0.679)%
20220117
EUR
Reference Benchmark EUR
(0.603)%
20220117
GBP
Reference Benchmark GBP
0.151%
20220117
HKD
Reference Benchmark HKD
0.109%
20220117
HUF
Reference Benchmark HUF
2.214%
20220117
ILS
Reference Benchmark ILS
(0.024)%
20220117
INR
Reference Benchmark INR
8.700%
20220117
JPY
Reference Benchmark JPY
(0.155)%
20220117
KRW
Reference Benchmark KRW
1.250%
20220117
MXN
Reference Benchmark MXN
5.316%
20220117
NOK
Reference Benchmark NOK
0.591%
20220117
NZD
Reference Benchmark NZD
0.298%
20220117
PLN
Reference Benchmark PLN
1.603%
20220117
RUB
Reference Benchmark RUB
8.239%
20220117
SEK
Reference Benchmark SEK
(0.213)%
20220117
SGD
Reference Benchmark SGD
0.315%
20220117
TRY
Reference Benchmark TRY
14.790%
20220117
ZAR
Reference Benchmark ZAR
4.145%
20220117
Prior Period Benchmark Rates

IBKR accrues interest daily and posts actual interest monthly on the third business day of the following month. For detailed examples on how we calculate interest, open the Interest Paid to You and Interest Rates Charged to You on Margin Loan Balances sections on this page.


Futures trading at IBKR

Start trading like a professional today!