Commissions & Fees
COMMISSIONS
Trade More for Less
With Clear, Low Commissions.1
IBKR charges commissions to deliver professional execution, not hidden costs. Trade global markets with low commissions2 that help you keep more of your performance. We offer the tools, data and execution quality serious investors rely on as they advance.
- Low commissions available for US stocks and ETFs
- Low margin rates and high interest paid on uninvested cash
- No added spreads, account minimums, or hidden fees
Zero Commission Isn't the Same as Free
Interactive Brokers clients receive significant savings vs. other brokers
US Stock Trading Costs for AU Residents
The comparison to other providers is based on the rates published on their websites as of 8 July 2026 for deals in US stocks. Providers' account types used for this illustration are what we consider default standard tier.1
See Notes and Disclaimers for complete information.
| 100 shares on NYSE AUD 5,000 |
200 shares on NYSE AUD 10,000 |
Advertised Rates – FX Fee | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Broker | Total Trade Cost2 | US Stock Commission2 | FX Fee2 | Total Trade Cost2 | US Stock Commission2 | FX Fee2 | |||
| Interactive Brokers3 | AUD 2.94 | AUD 1.44 | AUD 1.50 | AUD 4.44 | AUD 1.44 | AUD 3.00 | 0.03% | ||
| WeBull4 | AUD 18.78 | AUD 1.45 | AUD 17.33 | AUD 37.17 | AUD 2.51 | AUD 34.67 | 0.50% | ||
| CMC Markets5 | AUD 20.80 | AUD 0.00 | AUD 20.80 | AUD 41.60 | AUD 0.00 | AUD 41.60 | 0.60% | ||
| Superhero6 | AUD 20.23 | AUD 2.89 | AUD 17.33 | AUD 37.56 | AUD 2.89 | AUD 34.67 | 0.50% | ||
| Stake7 | AUD 23.41 | AUD 4.34 | AUD 19.07 | AUD 42.48 | AUD 4.34 | AUD 38.13 | 0.55% | ||
| NABTrade8 | AUD 32.28 | AUD 14.95 | AUD 17.33 | AUD 54.62 | AUD 19.95 | AUD 34.67 | 0.50% | ||
| Selfwealth9 | AUD 34.56 | AUD 13.76 | AUD 20.80 | AUD 55.36 | AUD 13.76 | AUD 41.60 | 0.60% | ||
| Westpac Online10 | AUD 29.70 | AUD 7.17 | AUD 22.53 | AUD 56.11 | AUD 11.05 | AUD 45.07 | 0.65% | ||
| Tiger Brokers11 | AUD 21.96 | AUD 2.90 | AUD 19.07 | AUD 41.03 | AUD 2.90 | AUD 38.13 | 0.55% | ||
| MooMoo12 | AUD 18.77 | AUD 1.43 | AUD 17.33 | AUD 36.10 | AUD 1.43 | AUD 34.67 | 0.50% | ||
- DISCLAIMER: Comparison to other providers is based on our understanding of their published rates for trading US shares available on their websites as of 8 July 2026. We assumed account based currency is AUD and the trade is purchasing US stocks, and thus an FX conversion from AUD to USD would be required. The comparison is shown for illustrative purposes only. For confirmation of the most up to date competitor rates on different account types and product information you should visit their websites.
- Total cost considers execution commission and FX conversion costs charged by the providers, including FX spread applied. In the case of IBKR, and some other providers where readily disclosed, we have also included regulatory, clearing and exchange fees that are passed through to the client on a transactional basis for US stock purchases. Some providers charge a custody fee which has not been included here (note IBKR does not charge custody fees). For comparison purposes, all figures are shown in AUD, and where the providers, including IBKR, quote fees in USD, these are converted to AUD. The USD/AUD FX rate we used in the comparison table is 1.442354 (AUD/USD = 0.693311).
- IBKR, tiered stock commissions of USD 0.0035 per share (for the lowest tier) (with min USD 0.35 per order and max 1% of trade value per order) plus relevant exchange, regulatory and clearing fees. IBKR also offers a fixed fee of USD 0.005 per share (with min USD $1 per order and max 1% of trade value per order) which does not include most relevant exchange, regulatory and clearing fees. The calculations in this table are using IBKR's fixed stock commission, converted to AUD. IBKR's FX fee quotes the total automated currency conversion service rate of 0.03%, which is what is used in this calculation. Client initiated standalone FX conversion commissions are 0.002%, with a minimum of USD 2.00. Note IBKR do not apply any additional FX spread on the prevailing FX rate for client initiated FX conversions. Full rate card is available by visiting IBKR Commissions.
- Webull charge $0 commission but apply a 50 bps or 0.50% spread on the FX conversion.
- 0.60% or 60 bps is the maximum spread CMC apply.
- Superhero charge 0.01% of trade value with a minimum USD 2.00 per trade, with an FX spread of 50 bps or 0.50%.
- Stake charge 0.01% of trade value with a minimum USD 3.00 per trade, with an FX spread of 55 bps or 0.55%.
- NABTrade charge tiered fee starting at AUD 9.95 per trade up to 0.11% of trade value for trades over AUD 20,000. NABTrade also apply an FX spread between 0.50% and 0.80%. In this comparison table the lower FX spread of 0.50% or 50 bps has been used in these calculations.
- Selfwealth charge flat fee of USD 9.50 per trade and 60bps or 0.60% FX spread.
- Westpac Online provide clients an AUD account ("AUD Wallet") where all funds are in AUD, or a Foreign Currency wallet where funds can be held in multiple currencies. The calculation assumes client has converted AUD to USD in order to settle the USD trade.
- Assuming each trade executed relates to 1 order (as Tiger Brokers charge brokerage of USD $2 per order for order >= 1 share and <= 200 shares). In addition Tiger Brokers apply an FX spread of 55 bps or 0.55%.
- Assuming each trade executed relates to 1 order (as MooMoo charge commission of $0 plus a platform fee of USD $0.99 per order). In addition MooMoo apply an FX spread of 50 bps or 0.50%.
When you invest, your capital is at risk. The value of your portfolio can go down as well as up, and you may get back less than you invest.
Stocks/ETFs
TIERED
USD 0.0005 - 0.0035 per share
FIXED
USD 0.005 per share
Options
TIERED
USD 0.15 - 0.65 per contract
FIXED
USD 0.65 per contract
Futures
TIERED
USD 0.25 - 0.85 per contract
FIXED
USD 0.85 per contract
Spot Currencies
0.08 - 0.20 bps x Trade Value
Spreads as narrow as 1/10 PIP
Bonds
10 bps x Face Value
View commissions for global markets and products, including CFDs and the IBKR Global Outsourced Trading Desk.
Choose Your Pricing Plan
We offer flexible pricing plans tailored to your trading style, volume and frequency.
Fixed Pricing
Designed for Active Traders.
USD 0.005
US stocks and ETFs per share (min)
- Single per-share rate that covers all transaction costs
- Access IB SmartRoutingSM system
- Predictable cost structure with fixed rate simplicity
- Minimum per order:
USD 1.00 - Maximum per order:
1 percent of trade value
Tiered Pricing
Designed for High Volume Traders.
USD 0.0005 to USD 0.0035
US stocks and ETFs per share
- Rates fall as monthly volume rises
- Exchange rebates passed through
- Access IB SmartRoutingSM system
- Low minimum per order: USD 0.35
- Full transparency on execution costs
"Interactive Brokers continues to set the benchmark for cost efficiency, offering margin rates and high yields on idle cash that consistently outperform the competition. For the active trader, these are not just perks — they are material contributors to the bottom line."
More Than Low Commissions
IBKR pricing helps you keep costs down and support stronger long-term performance.
Best Execution
Our smart routing technology searches for the best available price for your order at the time of execution, potentially saving you more than the commission cost.
Financial Strength
Trade with confidence knowing you're with a broker that maintains significant excess capital and automated risk controls.
Low Margin Rates1
Access margin rates amongst the lowest in the industry, allowing you to leverage your portfolio more efficiently.
Frequently Asked Questions
It's the central overview of Interactive Brokers' published commission schedules and pricing plans.
It summarizes typical market commission rates across product types and links to full schedules,
disclosures, and plan comparisons.
Fixed pricing uses a single published rate per share or per contract (with stated minimums/maximums)
for predictable costs. Tiered pricing offers lower base rates that can decline as your monthly trading
volume increases, with exchange, regulatory, and clearing costs (and potential rebates) passed through.
Fractional share trades generally follow the same commission schedule as whole-share trades for
the applicable plan, unless otherwise specified in the commission disclosures.
Yes. IBKR generally publishes minimum per order and maximum (often expressed as a percentage of trade
value) depending on product and pricing plan. Always review the detailed schedule for your market
and product.
The commissions overview emphasizes transparent pricing and states there are no added spreads,
platform fees, or account minimums on the commissions overview page, but investors should still
review product-specific third-party fees and disclosures.
Yes. IBKR states that commission rates may change and can vary by program, arrangement, region,
and client type. For the most accurate number, consult the current commissions schedule.
IBKR Pro with Tiered pricing is designed for higher-volume traders who want declining base rates and pass-through rebates/fees, plus access to advanced trading technology and global market access.
Disclosures
- Low commissions do not eliminate the risks associated with trading. All investments involve risk, including the possible loss of principal, and investors should carefully consider their investment objectives and risk tolerance before trading.
- Low trading fees according to BrokerChooser Online Broker Survey 2026: Read the full article Online Broker Reviews, December 2025. "Interactive Brokers has low trading fees and one of the best margin rates in the industry. IB currently pays interest (up to 3.13% for USD) on cash balances if you have a $100k account (net asset value)."
- 1 basis point=0.0001.
- IBKR may change these rates at any time in its sole discretion. Commission rates may also vary by program or arrangement. Restrictions apply.
- IBKR may change these rates at any time in its sole discretion. Commission rates may also vary by program or arrangement. Restrictions apply. The published rates are for direct clients of IBKR. Clients introduced through another broker or managed by an advisor may pay additional commissions set by their introducing broker or advisor. Clients should contact their introducing broker or advisor about the rates that will apply to their account.