Stock Trading: Trade Stocks Online
Products
Trade Stocks Globally from a
Single Screen
The IBKR Advantage
- €3/£3 per trade for Western European stocks with no added spreads, account minimums or platform fees
- Low commissions on US stocks with commissions just USD 0.0005 to USD 0.0035 per share with IB SmartRoutingSM
- Trade stocks globally on 90+ market centers
- Lowest financing rates in the industry
- Professional trading platforms, mobile apps, order types, and tools
- Transparent shortable inventory and pricing
- Fractional Shares let you invest regardless of share price
- Earn extra income on your fully paid shares
Trade US Stocks
for Less at IBKR
Other brokers have high, hidden FX conversion fees on US stock trades.
IBA has prepared Target Market Determinations and Product Disclosure Documents relating to certain products. Where applicable, you should carefully consider these documents at ibkr.com.au/info.
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.
Lower Costs to Maximize Returns1
Stocks Commissions
Low Commissions
€3/£3 per trade for Western European stocks
USD 0.0005 to USD 0.0035 per share for US Exchange-Listed stocks
Tiered or Fixed • No PFOF
Lowest Financing Rates in the Industry2
4.83% - 5.83%
Interest Charged for Margin Loans
Earn Interest at Competitive Rates3
Up to USD 3.83%
on instantly available cash
Trading Technology
- Free Access to all IBKR's trading platforms
- Free real-time streaming data on al US-listed stocks
- IB SmartRoutingSM
- IBKR APIs
Additional Plan Benefits
- No minimums for general investment accounts
- No inactivity fees
- No added spreads, ticket charges or platform fees
- No recurring fees
Interactive Brokers offers low, simple stock pricing on the most active European exchanges. We are simplifying our pricing so you know the cost before you invest. Commissions on Western European stocks is just €3/£3 per trade for typical trade sizes. For larger trades (those over €6000/£6000) the cost is .05% of trade value.
IB SmartRoutingSM helps support best execution by searching for the best available prices for stocks, options and combinations across exchanges and dark pools.
Professional Trading Platforms, Order Types, and Tools
Powerful, award-winning trading platforms and tools for managing your portfolio. Available on desktop, mobile apps, and web.
See Our Trading Platforms100+ order types, algos and tools – from limit orders to complex algorithmic trading – help you execute any trading strategy.
See Our Order Types, Algos and ToolsUse a full suite of professional trading tools to help make better decisions and manage your portfolio. Spot market opportunities with Advanced Market Scanners and analyze your portfolio with Risk Navigator.
See Our Trading ToolsFundamentals Explorer provides comprehensive, worldwide fundamentals data on 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 Our Fundamentals ExplorerAlign your investments with what you care about most. Use the Impact Dashboard to identify and invest in companies that share your values, and use ESG scores from Refinitiv to make investment decisions based on more than just financial factors.
Learn About Sustainable Investing
Transparent Shortable Inventory and Pricing
The Shortable Instruments (SLB) Search tool is a fully electronic, self service utility that lets you search for availability of shortable securities from within Client Portal.
Learn About Short Securities Availability Earn Extra Income on Your
Fully Paid Shares
Earn extra income on your fully paid shares. IBKR borrows your shares to lend to traders who want to short and are willing to pay interest to borrow the shares. You are paid interest each day shares are on loan and retain the ability to trade your loaned stock without restrictions.
What are Stocks?
A stock represents ownership in a company. When you purchase a stock, you become a shareholder and own a small portion of the company issuing the stock. Therefore, you have a claim on its assets and earnings.
A company typically issues stock to raise capital to fund growth, research and development, or its operations without taking on debt.The two main types of stock are common stock, which typically provides you with voting rights and potential dividends, and preferred stock, which usually provides fixed dividends and priority over common shareholders in the unlikely event of a liquidation.
How Do You Buy Stocks?
You can purchase stocks through an online brokerage account like those available at Interactive Brokers or through a financial advisor. If you use an online brokerage account, you can place buy or sell orders for stock through the broker’s platform after your account is approved and funded.
Stocks are bought and sold at a stock exchange, such as the New York Stock Exchange (NYSE), the NASDAQ, the London Stock Exchange (LSE), Euronext or the Shanghai Stock Exchange.
What Are the Risks and Rewards of Stocks?
A stock’s price can be volatile, meaning the value of your stock may rise or fall significantly, even over short periods. There are no guarantees in stock investing. You may lose money if the price of a stock drops below your purchase price and you sell at a loss. In addition, you can also experience losses from a company’s bankruptcy, poor earnings or broader market factors such as industry or economic trends, interest rate changes, geopolitical events or investor sentiment.
However, if a stock’s price increases over time, you may benefit from capital appreciation and earn dividend income from companies that share profits with their owners. Dividends can provide a steady income stream and, if reinvested, may help you enhance longer-term returns.
Interactive Brokers’ Education and Resources for Stocks
Traders’ Academy
Traders’ Academy by Interactive Brokers provides complimentary resources to educate you on stocks, including several courses on corporate stocks and equity-related funds.
Traders’ Insight
Traders’ Insight provides market-related articles and commentary from Interactive Brokers’ employees, exchanges and third-party contributors.
Start trading like a professional today!
Open an AccountDisclosures
- Lower investment costs will increase your overall return on investment, but lower costs do not guarantee that your investment will be profitable.
- According to StockBrokers.com Interactive Brokers Review: Read the full article Online Broker Reviews, January 29, 2025. "Interactive Brokers continues to lead with unbeatable margin rates, a significant advantage for active and professional traders." View our margin rates for more information.
- Rates are subject to change. Restrictions apply. For additional information, see our interest rates. Credit interest rate as of June 6, 2025.