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Commissions Metals

Commissions

Metals

Gold USD/oz. (Loco London, US Spot Gold) and Silver USD/oz. (Loco London)

Commissions apply to all order types and use a pricing structure in which
all exchange and regulatory fees are included.

London Gold, US Spot Gold2
Order Amount (USD) Tiered
0 – 500,000 1.5 basis points1 *Trade Value
500,000.01 – 1,000,000 1.0 basis points1 *Trade Value
> 1,000,000 0.7 basis points1 *Trade Value
Minimum Per Order Tier 1: USD 2.00
Tiers 2 and 3: N/A
London Silver
Order Amount (USD) Tiered
0 – 250,000 3.0 basis points1 *Trade Value
250,000.01 – 500,000 2.0 basis points1 *Trade Value
> 500,000 1.5 basis points1 *Trade Value
Minimum Per Order Tier 1: USD 2.00
Tiers 2 and 3: N/A
Storage Cost Fees
London Gold, London Silver Storage cost 0.10% per annum.
US Gold USD 0.15 per ounce per month3


Borrow Fees All Products
Balance Cutoffs USD Borrow Fees Charged
0 – 1,000,000 6.08% (BM + 1%)
1,000,000.01 – 10,000,000 5.58% (BM + 0.5%)
> 10,000,000 5.38% (BM + 0.3%)

Assumes Benchmark is 1.183% and closing price 1275

Buy 500 XAUUSD Contracts at 1275 = IBKR Execution Fee 9.56 + Storage 1.77 = 11.33

Sell 500 XAUUSD Contracts at 1275 = IBKR Execution Fee 9.56 + Borrow Fee 38.66 = 48.22


US Spot Gold Physical Delivery Fees
IBKR Processing Fee USD $500.00
Delivery Fee USD $20.00 plus an additional USD $2.50 per ounce4

Notes:

  1. 1 basis point=0.0001.
  2. US Gold is only available to legal residents of the United States. US Gold is not available to legal residents of Arizona, Montana, New Hampshire, and Rhode Island.
  3. The fee will be calculated daily and charged on the third business day of the following month.
  4. The FideliTrade delivery fees and processes are subject to change. They can be confirmed after the delivery request has been made. For more information on US Spot Gold delivery costs and shipping see Knowledge Base article: https://ibkr.info/article/3929.
  • Commissions apply to all order types.
  • All exchange and regulatory fees included.
  • Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 ounces is submitted and 100 ounces execute, then you modify the order and another 100 ounces execute, a commission minimum would be applied to both 100 ounces orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
  • VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.

Interactive Brokers Canada Inc. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the IIROC 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 IIROC AdvisorReport

IIROC