U.S. commissions
Stocks & ETFs (Greater than $1 per share) |
$0.01 per share *$1 minimum |
Stocks & ETFs (Less than $1 per share) |
1% of trade value *$1 minimum |
Options |
$1 for first contract + $0.75 per additional |
Options exercise / assignment fee |
Free |
Broker assisted trades |
No extra charge |
Monthly trade value1 | Fee per trade value | Minimum per order |
USD ≤ 100,000 |
0.18%* |
USD $1.75, but no more than 1% of trade value |
USD 100,000.01 - 1,000,000 |
0.15%* |
USD $1.75, but no more than 1% of trade value |
USD > 1,000,000 |
0.12%* |
USD $1.75, but no more than 1% of trade value |
1Paxos will charge a commission on every trade of 18 bps of trade value, subject to a USD 1.75 minimum commission on any executed order. IBKR receives a portion of that commission as a referral fee from Paxos. Above the monthly volume tiers shown above (or for any order charged a commission exceeding 1% of trade value), customers will receive rebates from IBKR of a portion of the referral fee, such that the customer’s effective commission rate will be the lesser of the commission shown above or 1% of the trade value.
Mutual fund trades (Greater than $1 per share) |
$27.50 |
Broker assisted trades |
No extra charge |
Up to 10,000 face value |
0.1% * face value + $3 per bond |
Remaining face value |
$0.025% * face value + $3 per bond |
Broker assisted trades |
No extra charge |
Up to $1 million face value |
0.025% * face value + $3 per bond |
Remaining face value |
0.005% * face value + $3 per bond |
Broker assisted trades |
No extra charge |
*Our Pricing Guide is currently being updated. Please contact us for more information.
Minimums & additional fees
Required minimum |
$2,500 |
Inactivity fee |
$15/month for accounts under $25,000 |
Access to all platforms |
Free |
Automated customer account transfer |
Free (incoming/outgoing) |
Corporate actions | Free |
Withdrawals |
Free (one per month) Any subsequent withdrawal in the same month is $1 for an ACH, $4 for a check and $10 for a wire. |
Order cancellation | Free |
IRA custodial fee | Free |
1Zacks Trade's margin rate starts at 8.83% compared to Charles Schwab (rate starting at 13.575%), E*Trade (rate starting at 14.2%), Fidelity (rate starting at 13.575%), TD Ameritrade (rate starting at 14.75%) and Vanguard (rate starting at 13.75%). Zacks Trade commissions for stocks start at $0.01 per share with a $1.00 minimum. Competitor margin rates obtained from published websites as of 7/27/2023 are believed to be accurate but not guaranteed. Some of the brokers may reduce margin interest rates depending on account activity or margin debit balances. Comparisons do not include competitor discounts or promotions.