Commissions & Fees

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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.

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 August 28, 2025 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 3.07 AUD 1.53 AUD 1.54 AUD 3.07 AUD 1.53 AUD 1.54 0.03%
WeBull4 AUD 17.54 AUD 1.25 AUD 16.29 AUD 35.08 AUD 2.51 AUD 32.57 0.50%
CMC Markets5 AUD 19.54 AUD 0.00 AUD 19.54 AUD 39.09 AUD 0.00 AUD 39.09 0.60%
IG Markets6 AUD 22.80 AUD 0.00 AUD 22.80 AUD 45.60 AUD 0.00 AUD 45.60 0.70%
Superhero7 AUD 24.25 AUD 3.08 AUD 21.17 AUD 45.43 AUD 3.08 AUD 42.35 0.65%
Stake8 AUD 22.54 AUD 4.62 AUD 17.92 AUD 40.45 AUD 4.62 AUD 35.83 0.55%
NABTrade9 AUD 31.24 AUD 14.95 AUD 16.29 AUD 52.52 AUD 19.95 AUD 32.57 0.50%
Selfwealth10 AUD 34.18 AUD 14.64 AUD 19.54 AUD 53.73 AUD 14.64 AUD 39.09 0.60%
Westpac Online11 AUD 28.80 AUD 7.63 AUD 21.17 AUD 53.40 AUD 11.05 AUD 42.35 0.65%
Bell Direct12 AUD 19.54 AUD 0.00 AUD 19.54 AUD 39.09 AUD 0.00 AUD 39.09 0.60%

  1. DISCLAIMER: Comparison to other providers is based on our understanding of their published rates for trading US shares available on their websites as of 28 Aug 2025. 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.
  2. 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 1.5349738 (AUD/USD = 0.651477).
  3. 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.
  4. WeBull’s Regular and Extended Trading hours fee is applied at USD 0.0025 times trade value.
  5. 0.60% is the maximum spread CMC apply.
  6. Assuming IG Markets automated FX conversion rates.
  7. Superhero charge 0.01% of trade value with a minimum USD 2.00 per trade.
  8. Stake charge 0.01% of trade value with a minimum USD 3.00 per trade. In addition, Stake offer a "FastFunds" service where the FX spread is 50bps. In this calculation we have assumed their standard FX spread of 55 bps.
  9. 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% has been used in these calculations.
  10. Selfwealth charge flat fee of USD 9.50 per trade and 0.60% FX spread.
  11. 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.
  12. Bell Direct charge $0 commission with FX spread of 0.60%.

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
  1. 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.