Interactive Brokers fees explained
Interactive Brokers charges $0.005/sh · min $1 on US stocks and 0.002% for currency conversion.
A typical $10,000 portfolio with 12 trades a year costs about $12/year in unconditional fees.
Verified October 10, 2026 against the broker's official pricing page.
What Interactive Brokers charges, fee by fee
Only verified numbers — each with its source and verification date
Whose prices these areThe commissions on this page are those of Interactive Brokers Ireland Limited, regulated by Central Bank of Ireland (C423427). This is the entity EU and CIS clients contract with; it is a member of the Irish Investor Compensation Scheme. The US-stock commission above is quoted in USD from its price list, and European exchanges are priced per market on the same page. Interactive Brokers LLC (US) and Interactive Brokers U.K. Limited publish their own price lists. Verified September 3, 2026 against the broker's official pricing page.
This is the rate for converting yourself on IDEALPRO, where each order costs at least USD 2.00 — about 0.2% on a USD 1,000 conversion. When the currency is converted automatically as part of buying a share, IBKR instead typically adds 0.03% to the exchange rate.
Verified August 21, 2026 against the broker's official pricing page.
What you'll actually pay
Estimated yearly cost in three scenarios. Only verified fees are counted. Each trade moves a twelfth of the portfolio; per-share commissions assume a $50 share; currency conversion is counted once, on the whole portfolio. An inactivity fee is shown separately and applies only if its condition is met.
- Stock commissions
- $3.33
- FX markup
- $0.02
- Custody
- Free
- Stock commissions
- $12.00
- FX markup
- $0.20
- Custody
- Free
- Stock commissions
- $24.00
- FX markup
- $2.00
- Custody
- Free
Interest on uninvested cash
What the broker pays on money sitting in your account between trades. Rates are variable and verified against the broker's own page.
From $10,000
IBKR Pro (benchmark minus 0.5%); no interest on the first $10k, blended rate reaches full above NAV $100k
From €10,000
IBKR Pro (benchmark minus 0.5%)
From £8,000
IBKR Pro (benchmark minus 0.5%)
Rate tracks the IBKR benchmark; IBKR Lite pays roughly 1% less. No interest on the first $10k equivalent. Cash is SIPC-covered, not FDIC.
Verified October 10, 2026 · broker source →
Fine print that changes the math
- IBKR Pro Fixed plan; Pro Tiered ($0.0035/sh min $0.35) and Lite (US residents only; commission-free on US-listed stocks and ETFs) also available
- Rate tracks the IBKR benchmark; IBKR Lite pays roughly 1% less. No interest on the first $10k equivalent. Cash is SIPC-covered, not FDIC.
Frequently asked questions
How much does Interactive Brokers charge per trade?
Does Interactive Brokers have hidden fees?
What is Interactive Brokers's currency conversion fee?
Does Interactive Brokers charge an inactivity fee?
How we verified this review
Every fact below is verified against primary sources. We refresh on a schedule and on reader feedback.