IBKR Fact Sheet

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IBKR Fact Sheet


Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 150 markets in 27 currencies5, from a single integrated platform, to clients from over 200 countries and territories. We service individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. For the sixth consecutive year, Barron's ranked Interactive Brokers #1 with 5 out of 5 stars in its June 9, 2023, Best Online Brokers Review. 1

  • IBG LLC was founded by its Chairman, Thomas Peterffy. Over the last 47 2 years, it has grown internally to become a major securities firm with equity capital of 14.7 billion 3.
  • Interactive Brokers' headquarters is in Greenwich Connecticut, and it has 2,950+ employees in its offices in the United States, Switzerland, Canada, Hong Kong, United Kingdom, Australia, Japan, Hungary, Russia, India, China, Luxembourg, Ireland, Singapore and Estonia. IBKR is regulated by the SEC, FINRA, SFA and other regulatory agencies around the world.
  • IBKR is among the largest electronic brokers based on daily average revenue trades (DARTs) executing 2,469,000 trades per day4.
  • Interactive Brokers Group 2 has consistently been at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983.
  • Standard & Poor's issues investment grade ratings to both IBG LLC and IB LLC (IBKR).

In what year did you begin brokerage operations?


The original organization was first created as a market maker in 1977

Ending Client Equity (as of 7/1/2024)

USD 497.2 billion

36% higher than prior year and 2% higher than prior month

Equity capital

USD 14.7 billion

Excess regulatory capital

USD 10.4 billion

Number of client accounts (as of 7/1/2024)

2.92 million

28% higher than prior year and 2% higher than prior month

Daily Average Revenue Trades (DARTs) (as of 7/1/2024)


Minimum to open a brokerage account

USD 0.00

Number of market centers worldwide


Number of currencies5


Account insurance provided over SIPC

Excess SIPC coverage per account: USD 30 million, including USD 900,000 for cash. Excess SIPC coverage cap: USD 150 million.

In addition, for clients who have received the full SIPC protection, the Lloyd's policy provides up to an additional USD 30 million (including USD 900,000 for cash), subject to an aggregate limit of USD 150 million.

Products & Commissions



Stocks and ETFs

USD 0.0005 to USD 0.0035 per share* (based on volume)

* Plus, exchange, regulatory, and clearing fees. If an exchange provides a rebate, we pass some or all the savings directly back to clients.

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 and maintaining complete control over their orders. IBKR BestX includes:

  • The IB SmartRoutingSM system, which supports best execution for clients by searching for the best available prices for stocks, options and combinations across exchanges and dark pools. SmartRouting continuously evaluates changing market conditions and dynamically re-routes all or part of your order, seeking immediate electronic execution.
  • IBKR ATS, which allows clients to choose to interact solely with IB SmartRouted order flow and access order flows that may not be available at exchanges.
  • IBUSOPT, a destination is designed to offer clients the opportunity to interact with IB SmartRouted marketable order flow and have their orders filled in between the National Best Bid/Offer (NBBO) for US listed equity options and certain index options.
  • Advanced Order Types, with both IBUSOPT and IBKR ATS offering Pegged-to-Midpoint and Pegged-to-Best order types. The IBKR ATS also offers a Reroute to SMART order type.

Extended Trading Hours for US Stocks
Trading Hours: 4:00 - 20:00 ET

Regular trading hours are 9:30 - 16:00 ET. Market orders placed prior to regular trading hours will be treated as Market On Open orders.

As an accommodation, IBKR also offers a fixed commission plan at USD 0.005 per share.

Individual accounts, including clients of Financial Advisors, and organizational accounts, are eligible for fractional shares trading permission with the exception of the following:

  • Any client type with residency in Israel
  • Clients with Canadian RRSP/TFSA accounts
  • Clients of Interactive Brokers Securities Japan ("IBSJ")

Financial Advisors, Money Managers and Introducing Brokers can enable their clients on an all-or-none basis.

There are 17,801 US or European stocks (or ETFs, where available) eligible for fractional shares trading as of 4/18/2024.

Minimum fractional-share trade is USD 0.01 (Assessed to non-recurring fractional share trades.)

Interactive Brokers was the first big broker to offer US fractional share trading and, based on our research and what is publicly stated on other companies' websites, we believe that we offer a larger selection of securities available for fractional share investing than any other broker.

Interactive Brokers has a "fee waived" no transaction fee (NTF) program for exchange-traded funds (ETFs) where we will reimburse IBKR clients for commissions paid on ETF shares held for at least 30 days.


USD 0.65/contract

  • Lower rates for low premium contracts
  • Minimum USD 1.00
  • Volume tier discounts down to USD 0.15/contract

Assuming option premium is greater than 10 cents.

These options costs are the maximum. If you do more volume in a month, it goes down to USD 0.15 per contract with no extra charge.


USD 0.25 to USD 0.85 per contract plus exchange, regulatory and carrying fees.


Corporate bonds:
0.1% * first USD 10,000 face value, plus 0.025% * face value above USD 10,000. Min USD 1.00 per transaction and max fee of smallest value between USD 250.00 or 1% of trade value.

Municipal bonds:
0.05% * first USD 10,000 face value, plus 0.0125% * face value above USD 10,000. Min USD 1.00 per transaction and max fee of smallest value between USD 125.00 or 1% of trade value.

Treasury bill, note and bonds:
0.002% for first USD 1 million, with a USD 5.00 minimum.
Additional face value is 0.0001% times face value with USD 5.00 minimum.

IBKR offers low and fully transparent commissions on bonds, with no mark-up on bond prices, and provides access to a full universe of US government securities, corporate bonds, municipal securities, CDs, and non-US sovereign bonds, plus fixed income futures and fixed income options.

Mutual funds

Inside the US: the lesser of 3% of trade value or USD 14.95 flat rate.*

Outside the US: EUR 4.95 or currency equivalent.*

*For funds not in the No Transaction Fee (NTF) program

Total Number of U.S. Funds: 11,305
No Fee Funds (free): 4,710 (42%)
Fee Funds: 6,595 (58%)

Total Number of Offshore (Non-U.S.) Funds: 32,576
No Fee Funds (free): 13,893 (43%)
Fee Funds: 18,683 (57%)

(as of 4/18/2024)

Neutral – no proprietary funds.

Spot currencies

0.08 to 0.20 basis points * Trade Size

Direct access to interbank quotes. No hidden price spreading, no markup, no kickbacks. Just the combination of real time prices from 17 of the world's largest FX dealing banks plus a transparent, low commission that avoids the conflict of interest of FX platforms which deal for their own account.

Our tight spreads and substantial liquidity are a result of combining quotation streams from 17 of the world's largest foreign exchange dealers. This results in displayed quotes as small as 1/10 PIP wide.

24 trading currencies including AUD, GBP, CAD, CNH, CZK, DKK, EUR, HKD, HUF, ILS, JPY, KRW, MXN, NZD, NOK, PLN, SAR, SGD, ZAR, SEK, CHF, TRY, AED, USD (with special conversion functionality).


Current margin rates

USD 5.83% to 6.83%

Rates charged decrease depending on the size of the debit balance. Benchmark rate +0.5% to 1.5%.

Current rates and tiers can be viewed here.


Interactive Brokers consistently offers low margin rates. See comparison here: ibkr.com/compare

Other Fees

Monthly inactivity fee

USD 0.00


Inactivity fees have been eliminated as of July 1, 2021.


Trader Workstation (TWS)

Trader Workstation (TWS) is our flagship platform designed for active traders and investors who trade multiple products and require power and flexibility, TWS includes all of our most advanced algos and trading tools, and offers a library of tool- and asset-based trading layouts for total customization.

See Trader Workstation (TWS)

IBKR Mobile

Our IBKR Mobile smartphone app for iOS and Android makes it easy to trade and monitor your IBKR account on-the-go. It includes many of the same advanced capabilities as our flagship desktop trading platform, such as chart trading and options analysis, and supports trading in all the product types we offer.

See IBKR Mobile

Client Portal

Client Portal is our one-stop, web-based platform to check quotes and place trades, see account balances, P&L and key performance metrics, funding, reporting, and more.

See Client Portal

IBKR GlobalTrader

A simple app for trading global stocks, IBKR GlobalTrader lets you deposit in your local currency and easily trade global stocks from your phone or tablet.

See IBKR GlobalTrader


A simple app for sustainable investing, IMPACT makes it easy to find and invest in companies that share your values, helping to better align your portfolio with the kind of world you want to create.



Stock and ETF Tools

IBKR GlobalAnalyst

By comparing the prices and financial metrics of global stocks in the same currency, IBKR GlobalAnalyst helps identify new investment opportunities.

See IBKR GlobalAnalyst

Fundamentals Explorer

Fundamentals Explorer provides comprehensive, worldwide fundamentals data to IBKR clients at no cost. It covers over 30k companies, shows more than 300 data points per company, has more than 80 sources for newswires and reports and features 5.5k+ analyst ratings from TipRanks.

See Fundamentals Explorer

Fractional Shares

With the introduction of fractional shares, Interactive Brokers created Cash Quantity Stock Orders, which let clients placer orders in a specific dollar amount instead of specifying the number of shares - eliminating the need to pull out a calculator.

See Fractional Shares

Short Securities Availability

The Shortable Instruments (SLB) Search tool is a fully electronic, self-service utility that lets clients search for availability of shortable securities from within Client Portal.

See Short Securities Availability

Mutual Fund/ETF Replicator

Use the Mutual Fund/ETF Replicator to identify and invest in lower cost ETFs with similar strategies to higher-fee mutual funds.

See Mutual Fund/ETF Replicator

Stock Yield Enhancement Program

Earn extra income on the fully-paid shares of stock held in your account by allowing IBKR to borrow shares from you in exchange for cash collateral, and then lend the shares to traders who want to sell them short and are willing to pay interest to borrow them.

See Stock Yield Enhancement Program

Social Sentiment by Social Market Analytics (SMA)

Spot positive and negative changes in investor attitudes with Social Market Analytics' (SMA) patented social sentiment processing technology.

See Social Sentiment

Options Tools


IBKR's proprietary trading tool for executing speculative trades or building complex, multi-leg orders to hedge a position.

See OptionTrader

Options Portfolio

Options Portfolio continuously and efficiently scours market data for low-cost option strategies to bring a portfolio in line with user-defined objectives for the Greek risk dimensions (Delta, Gamma, Theta and Vega).

See Options Portfolio

Mobile Options Trading

Exercise options wherever you are with our new mobile option exercise tool. Choose a strategy and then simply tap different tiles in the grid to quickly change the legs that are part of the strategy.

See Mobile Options Trading

Options Analytics

Manipulate key option pricing criteria – including price, time and implied volatility – and visualize the impact on premiums.

See Options Analytics

Options Strategy Lab

Generate potentially profitable stock and option combinations, based on your forecast for stock and ETF prices, market volatility and other market variables.

See Options Strategy Lab

Probability Lab

Redefine the price and volatility outlook for an underlying stock or ETF, and identify potentially profitable options strategies, based on that view.

See Probability Lab

Futures Tools


Create proprietary combination order strategies or choose from multiple templates with pre-defined programs to execute futures trades.

See ComboTrader


Seamlessly integrated into Trader Workstation (TWS), SpreadTrader is the single-screen command center for managing futures positions.

See SpreadTrader

Index Arbitrage Meter

Analyze index arbitrage strategies with the Index Arbitrage Meter, our measurement tool that illustrates the spread between futures contracts and their respective spot prices.

See Index Arbitrage Meter

Bond Search Tool

IBKR offers low and fully transparent commissions on bonds, with no mark-up on bond prices, and provides access to a full universe of US government securities, corporate bonds, municipal securities, CDs, and non-US sovereign bonds, plus fixed income futures and fixed income options. This is one of the easiest ways to get pricing on bonds, rather than calling around to various brokerages.

See Bond Search Tool

Mutual Fund Search Tool

The Interactive Brokers Mutual Fund Marketplace provides our clients access to 48,000 + funds worldwide from over 550 fund families. It can be accessed by clients from over 200 countries and territories and includes many prominent fund families, including funds from Allianz, American Funds, BlackRock, Fidelity, Franklin Templeton, Invesco, MFS, PIMCO, Vanguard and many others. Over 19,000 funds are available with no transaction fees.

The Mutual Fund Search Tool can be used to identify funds by your country of residence, commission charged, fund type or fund family.

See Mutual Fund Search Tool

Portfolio Management Tools


PortfolioAnalyst is a robust performance reporting tool that lets you see the performance of all your financial accounts in one place on any desktop or mobile device. You can quickly link your investment, checking, savings, annuity, incentive plan and credit card accounts held at almost any financial institution. You can see summary values at a glance for each individual financial institution or consolidated across all financial institutions and different time periods, including current and prior balances, return percentage, and percent change in value. The tool also lets you drill down to view positions and transactions by account or by asset class.

PortfolioAnalyst is also available as a standalone product for non-clients. Standalone PortfolioAnalyst is also free. The tools show how much money people could potentially save or earn if they had an Interactive Brokers account.

See PortfolioAnalyst

Portfolio Checkup

Portfolio Checkup is an easy-to-use online portfolio analysis tool that provides people with a single page analysis of their current financial situation. This tool is also free for clients and non-clients.

With Portfolio Checkup, investors can:

  • Measure performance against 230 industry benchmarks or their custom benchmarks and toggle between money and time weighted returns with the click of a mouse.
  • Use risk metrics such as max drawdown, peak-to-valley, Sharpe ratio and standard deviation to understand at a glance their portfolio's risks relative to returns.
  • Understand their portfolio exposure by geography, sector and asset class.
See Portfolio Checkup

Mutual Fund / ETF Parser

Also part of the PortfolioAnalysis tool, Mutual Fund / ETF Parser categorizes the individual components of stocks within mutual funds and exchange traded funds. This lets investors get an accurate, granular picture of their overall exposure to asset classes, industry sectors, and companies.

See Mutual Fund / ETF Parser

Sustainable Investing


A simple app for sustainable investing, IMPACT makes it easy to find and invest in companies that share your values, helping to better align your portfolio with the kind of world you want to create.


Carbon Offsets

Available in the IMPACT app, investors can use the Carbon Offsets tool to select from either greenhouse-gas emitting activities related to household, transportation and food, or enter a specific amount of carbon to offset in dollars or tons. Interactive Brokers seamlessly sources and retires the Carbon Credits at the appropriate agencies enabling investors to reduce their carbon footprints, while achieving broader sustainability goals.


Environmental, Social and Governance (ESG)

ESG scores from Refinitiv give you and your clients a new set of tools for making investment decisions based on more than just financial factors.

See Environmental, Social and Governance (ESG)

Impact Dashboard

Use the Impact Dashboard to identify and invest in companies that share the values held by your clients.

See Impact Dashboard

API Solutions

Our proprietary API and FIX CTCI solutions let institutions create their own automated, rules-based trading system that takes advantage of our high-speed order routing and broad market depth.

See API Solutions

Order Types and Algos Tools

Order Types and Algos

90+ order types – from limit orders to complex algorithmic trading – help you execute any trading strategy.

See Order Types and Algos


The Accumulate/Distribute algo can help you to achieve the best price for a large volume order without being noticed in the market, and can be set up for high frequency trading.

See Accumulate/Distribute

IB Risk Navigator

The Risk Navigator is a real-time market-risk management platform that provides a comprehensive measure of risk exposure across multiple asset classes around the globe.

See IB Risk Navigator

Model Portfolios

Advisors can use a more organized approach to investing client assets with Model Portfolios. Construct a custom portfolio of financial instruments, and then trade this model on behalf of your clients.

See Model Portfolios


IBot is an Artificial Intelligence-powered resource that provides access to a wide spectrum of information, account data and trading tools. With IBot you can speak or type plain English commands to:

  • trade stocks, options, futures, currencies and bonds
  • get quick account information and manage your account
  • get detailed quotes, run advanced scanners, see charts and fundamentals
  • get fast answers to common issues and questions that previously had to be answered by Client Services

IBot can respond to:

  • Plot SPY
  • What's my P&L
  • Chart AAPL vs MSFT
  • Show my filled orders
  • Buy 300 shares of IBKR
  • Show top tech companies by volume
  • and much more

Available within Trader Workstation, Client Portal and IBKR Mobile.

See IBot

Education – IBKR Campus

Traders' Academy

51 courses including over 300 lessons.

Interactive Brokers' Traders' Academy is intended for financial professionals, investors, educators and students seeking a better understanding of the asset classes, markets, currencies, tools and functionality available on IB's award-winning Trader Workstation (TWS), IBKR Mobile, Account Management and TWS API applications. Please see www.tradersacademy.online for more information.

Our complimentary courses use a blended delivery method of lessons, videos, quizzes, and notes to help TWS users improve their understanding of its tools and capabilities.

See Traders' Academy

IBKR Webinars

Watch, listen and learn about current market topics, IBKR tools and more by participating in any of our free webinars or browsing our extensive offering of recorded webinars. Topics span market research, fundamental & technical analysis, options trading strategies, institutional topics, algorithmic trading, trader tax issues, and more.

See IBKR Webinars

Traders' Insight

Traders' Insight, our market commentary blog, features written and video market commentary from nearly 100 contributors. In addition, IBKR's Chief Strategist Steve Sosnick offers market commentary and Senior Analyst Steve Levine provides weekly previews.

See Traders' Insight

IBKR Podcasts

A podcast series featuring interviews with executives, thought leaders and market experts from across the financial services industry discussing topical themes impacting global markets and trading.

See IBKR Podcasts

IBKR Quant

The IBKR Quant Blog serves quantitative professionals who have an interest in programming. Discussion topics include deep learning, IBKR API, artificial intelligence (AI), Blockchain and other transformative technologies influencing modern markets. Discussions about R, Python and other popular programming languages often include sample code to help you develop your own analysis.

See IBKR Quant

Student Trading Lab

A free online resource for educators looking to blend finance or computer science classwork with real-world trading experiences.

See Student Trading Lab
  1. For more information, click here
  2. Includes Interactive Brokers Group and predecessor companies.
  3. Includes Interactive Brokers Group and its affiliates.
  4. Based on the latest Interactive Brokers Group Brokerage Metrics report.
  5. Available currencies vary by Interactive Brokers affiliate. Learn more.

  • Non-US products are available at equivalent low rates.
  • Any discussion or mention of an ETF is not to be construed as a recommendation, promotion or solicitation. All investors should review and consider associated investment risks, charges and expenses of the investment company or fund prior to investing. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
  • Rates are subject to change. Eligibility and terms apply. For further details please refer to our commissions.

Interactive Brokers Canada Inc. is a member of the Canadian Investment Regulatory Organization (CIRO) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the CIRO AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.

Know Your Advisor: View the CIRO AdvisorReport