Commissions & Fees
COMMISSIONS
Minimize Your
Costs to
Maximize Your Returns1
Low commissions on products across 160 global markets
No added spreads, ticket charges, platform fees, or account minimums
Commissions below are for U.S. markets. Click each product for full global commissions.
Tiered
Fixed
Stocks/ETFs
USD 0.0005 to 0.0035 per share
USD 0 on No Transaction Fee ETFs
Tiered
USD 0.005 per share
USD 0 on No Transaction Fee ETFs
Fixed
Options
USD 0.15 to 0.65 per contract
Tiered
USD 0.65 per contract
Fixed
Futures
USD 0.25 to 0.85 per contract
Tiered
USD 0.85 per contract
Fixed: US-Future and Future Options
Spot Currencies
0.08 to 0.20 basis points x Trade Value per order
Tight spreads as narrow as 1/10 PIP
Bonds
10 basis points x Face Value per order
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 July 4th, 2024 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 AUD 5,000 |
200 shares 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 2.05 | AUD 0.55 | AUD 1.50 | AUD 4.10 | AUD 1.10 | AUD 3.00 | 0.03% | ||
| Saxo4 | AUD 9.89 | AUD 1.50 | AUD 8.39 | AUD 19.79 | AUD 3.01 | AUD 16.78 | 0.25% | ||
| WeBull5 | AUD 18.03 | AUD 1.25 | AUD 16.78 | AUD 36.07 | AUD 2.51 | AUD 33.56 | 0.50% | ||
| CMC Markets6 | AUD 20.14 | AUD 0.00 | AUD 20.14 | AUD 40.28 | AUD 0 | AUD 40.28 | 0.60% | ||
| IG Markets7 | AUD 23.50 | AUD 0.00 | AUD 23.50 | AUD 46.99 | AUD 0.00 | AUD 46.99 | 0.70% | ||
| Superhero8 | AUD 24.81 | AUD 2.99 | AUD 21.82 | AUD 46.63 | AUD 2.99 | AUD 43.64 | 0.65% | ||
| Stake9 | AUD 27.99 | AUD 4.49 | AUD 23.50 | AUD 51.48 | AUD 4.49 | AUD 46.99 | 0.70% | ||
| NABTrade10 | AUD 31.73 | AUD 14.95 | AUD 16.78 | AUD 53.51 | AUD 19.95 | AUD 33.56 | 0.50% | ||
| Selfwealth11 | AUD 34.35 | AUD 14.21 | AUD 20.14 | AUD 54.49 | AUD 14.21 | AUD 40.28 | 0.60% | ||
| Westpac Online12 | AUD 49.98 | AUD 29.84 | AUD 20.14 | AUD 85.08 | AUD 44.80 | AUD 40.28 | 0.60% | ||
- DISCLAIMER: Comparison to other providers is based on our understanding of their published rates for trading US shares available on their websites as of 4 July 2024. We assumed account based currency is AUD and the trade is purchasing US stocks. 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 1.48965 (AUD/USD = 0.671294)
- 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’s FX fee quotes the total automated currency conversion service rate of 0.03%. Client initiated standalone FX conversion commissions are 0.0022%, with a minimum of USD 2.20 (inclusive of GST where applicable). 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.
- Saxo's VIP account type used. Minimum US stock commission is USD 1.00 per order for all account tiers. 0.25% is the maximum spread Saxo apply.
- WeBull’s Regular and Extended Trading hours fee is applied at USD 0.0035 times trade value.
- 0.60% is the maximum spread CMC apply.
- Assuming IG Markets automated FX conversion rates.
- Superhero charge 0.01% of trade value with a minimum USD 2.00 per trade.
- Stake charge 0.01% of trade value with a minimum USD 3.00 per trade.
- 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%.
- Selfwealth charge flat fee of USD 9.50 per trade and 0.60% FX spread.
- Westpac Online charge tiered fee starting at USD 19.95 per trade up to 0.31% of trade value for trades over USD 10,000.
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.
View additional information about Advisor/Introducing Broker client billing and allocation minimums, account minimums and other fees.
Disclosures
- Lower investment costs will increase your overall return on investment, but lower costs do not guarantee that your investment will be profitable.
- 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.