Commissions

North America

Notes:

Volume tiers are applied based on monthly cumulative trade volume summed across US Share CFDs at the time of the trade. European Share CFD trades will not count towards the monthly volume (and vice versa). The above commissions include all fees and are applied on a marginal basis for a given calendar month. If for example, you execute 500,000 US share CFDs in a month, your IB Commission would be:
300,000 CFDs at USD 0.005
200,000 CFDs at USD 0.0045

All exchange and regulatory fees included.
VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.

See Product Listings for countries and shares covered.

	Per Trade Fee	Minimum (CZK) ²
Czech Republic	0.17%	60 per Trade + 10 per Order

Notes:

The CFD tiers are based on the Monthly Trade Value as expressed in EUR. When calculating the Monthly Trade Value in EUR, IB converts any non-EUR denominated CFD trade to its EUR-equivalent using the most recent exchange rate. In this way, stock trades denominated in non-EUR currencies will be counted towards the monthly value for commission breaks.
The minimum fees are additive. For example, an order resulting in a single execution carries a minimum fee of CZK 70. An order executed in two tranches carries a minimum fee of CZK 130.

Commissions apply to all order types. In addition a surcharge is applied to IB Algo orders (VWAP, DarkIce, etc.) for CFDs on European shares as follows:
- GBP denominated 0.015%
- EUR denominated 0.01%
- CHF denominated 0.025%
- EUR (Finnish only) denominated 0.025%
- SEK and DKK denominated 0.10%
All exchange and regulatory fees included.
VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.

Monthly Value (in AUD) ¹	Per Trade Fee	Minimum per Order (AUD)
<= 10,000,000	0.05%	5.00
10,000,000	0.03%	3.00

	Fee
Stamp Duty	0.10%²
SFC Transaction Levy	0.0027%

Monthly Value (in HKD) ¹	Per Trade Fee	Minimum per Order (HKD)
<= 300,000,000	0.05%	12.00
> 300,000,001	0.03%	8.00

	Fee
Clearing	JPY 2.95 + 0.0004%

Notes:

The minimum fees are additive. For example, an order resulting in a single execution carries a minimum fee of CZK 70. An order executed in two tranches carries a minimum fee of CZK 130.
Round up to the nearest 1.00
Tiers are based on the combined Monthly Trade Value expressed in JPY of CFD and Share trades. The per trade fee is applied on a marginal basis, in the same way as for Europe and the US.

Commissions apply to all order types. In addition a surcharge is applied to IB Algo orders (VWAP, DarkIce, etc.) for CFDs on Asian shares as follows:
- AUD, HKD, JPY and SGD denominated 0.10%
All exchange and regulatory fees included.
VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.