If you are an institution, click below to learn more about our offerings for RIAs, Hedge Funds, Compliance Officers and more.

Margin Reference Benchmark Rates

Reference Benchmark Rates


IBKR's benchmark for each currency is the reference rate around which our credit, debit, stock loan and other interest rate linked calculations are determined. IBKR uses a combination of internationally recognized reference rates (such as LIBOR and Fed Funds), bank deposit rates, and dynamic interbank rates determined from foreign exchange and money markets to calculate an IBKR Reference Benchmark rate.

For more information about IBKR Reference Benchmark click here.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate click here.


CurrencyDescription for Effective Date 20211203 Rate Effective Date
USD
Reference Benchmark USD
0.080%
20211203
USD
Reference Benchmark USD Libor
0.078%
20211203
AUD
Reference Benchmark AUD
(0.046)%
20211203
BRL
Reference Benchmark BRL
7.650%
20211203
CAD
Reference Benchmark CAD
0.161%
20211203
CHF
Reference Benchmark CHF
(0.745)%
20211203
CNH
Reference Benchmark CNH
2.114%
20211203
CZK
Reference Benchmark CZK
2.609%
20211203
DKK
Reference Benchmark DKK
(0.532)%
20211203
EUR
Reference Benchmark EUR
(0.563)%
20211203
GBP
Reference Benchmark GBP
0.051%
20211203
HKD
Reference Benchmark HKD
0.057%
20211203
HUF
Reference Benchmark HUF
2.436%
20211203
ILS
Reference Benchmark ILS
(0.551)%
20211203
INR
Reference Benchmark INR
8.700%
20211203
JPY
Reference Benchmark JPY
0.004%
20211203
KRW
Reference Benchmark KRW
1.000%
20211203
MXN
Reference Benchmark MXN
5.910%
20211203
NOK
Reference Benchmark NOK
0.446%
20211203
NZD
Reference Benchmark NZD
0.672%
20211203
PLN
Reference Benchmark PLN
1.241%
20211203
RUB
Reference Benchmark RUB
7.526%
20211203
SEK
Reference Benchmark SEK
(0.161)%
20211203
SGD
Reference Benchmark SGD
0.133%
20211203
TRY
Reference Benchmark TRY
16.609%
20211203
ZAR
Reference Benchmark ZAR
5.723%
20211203
Prior Period Benchmark Rates

IBKR accrues interest daily and posts actual interest monthly on the third business day of the following month. For detailed examples on how we calculate interest, open the Interest Paid to You and Interest Rates Charged to You on Margin Loan Balances sections on this page.


Futures trading at IBKR

Start trading like a professional today!