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United States - Alternate Exchange Commissions

US API Direct Routed Orders1

Monthly Volume (shares)1 IBKR Pro - Tiered6 IBKR Pro - Fixed IBKR Lite
All N/A USD 0.0075 N/A
Minimum per order N/A USD 1.00 N/A
Maximum per order N/A 1% of Trade Value2 N/A
Third Party Fees N/A Regulatory Fees N/A

DARK

Remove Liquidity Add Liquidity
Direct Routed Orders N/A3 N/A
IB Smart-RoutedSM Orders N/A4 N/A

IBKRATS

Remove Liquidity Add Liquidity
Direct Routed Orders N/A3 Standard commission applies
IB Smart-RoutedSM Orders Variable5 Variable5

FOXRIVER ALGO

IBKR Pro - Tiered IBKR Pro - Fixed IBKR Lite
All Normal commission applies + USD 0.0030 per share Normal commission applies + USD 0.0030 per share Normal commission applies + USD 0.0030 per share

Disclosures

  1. This charge does not apply to relative, pegged to market and pegged to midpoint orders.
  2. Plus the applicable exchange, ECN and/or specialist fees based on execution venue.
  3. Directed orders to IBKRATS that are marketable will generally be rejected.
  4. In the event IBKR receives a rebate from a liquidity provider, the full rebate will be passed through in the form of a reduction to the standard U.S. Stock commission. Should IBKR receive no rebate on the execution, standard U.S. Stock commissions will apply.
  5. In the event your order crosses another IBKR Client order, the standard U.S. Stock commission minus 0.0007 per share will be charged. In the event IBKR receives a rebate from a liquidity provider, the full rebate will be passed through in the form a reduction to the standard U.S. Stock commission. Should IBKR receive no rebate on the execution, standard U.S. Stock commissions will apply.
  6. Please note that directed API orders cannot use the Tiered fee structure. Clients on the Tiered Fee Structure would be charged the Fixed rate.