Interactive Brokers clients receive
significant savings vs. other brokers
The comparison to other providers is based on the rates published on their websites as of July 19, 2024 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.
Total Trade Cost2 | Advertised Rates3 | |||
---|---|---|---|---|
Broker | 100 shares £5,000 |
200 shares £10,000 |
US Stock Commission |
EXTRA FX FEE |
Interactive Brokers | £1.79 | £3.57 | USD 0.00354 | 0.03%4 |
Robinhood UK | £2.13 | £4.25 | USD 0.005 | 0.03%5 |
Saxo | £13.27 | £25.77 | USD 0.0056 | 0.25%6 |
Degiro | £14.19 | £26.69 | €1.007 | 0.25%7 |
IG | £25.00 | £50.00 | USD 0.008 | 0.50%8 |
AJ Bell | £42.50 | £80.00 | £9.959 | 0.75%9 |
FreeTrade | £49.50 | £99.00 | USD 0.0010 | 0.99%10 |
Hargreaves Lansdown | £61.95 | £86.95 | £11.9511 | 0.75%-1.00%11 |
Interactive Investor | £78.99 | £153.99 | £3.9912 | 1.50%12 |
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.
Calculation Example - UK stock trade at IBKR | ||
---|---|---|
100 shares, 5,000 GBP | ||
GBP/USD rate = 1.2916 | ||
Stock Commission Calc | 100 | shares |
US Stock Commission Rate in USD | $ 0.0035 | per share |
Stock Commissions in USD | $ 0.35 | |
Stock Commissions in GBP | £ 0.27 | |
FX Conversion Calc | £ 5,000.00 | |
Auto-FX conversion rate | 0.03% | |
FX conversion fee | £ 1.50 | |
Clearing Fee | £ 0.02 | |
Total trade cost in GBP | £ 1.79 |
The comparison to other providers is based on the rates published on their websites as of July 19, 2024 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.
Total Trade Cost2 | Advertised Rates3 | |||
---|---|---|---|---|
Broker | 100 shares €5,000 |
200 shares €10,000 |
US Stock Commission |
EXTRA FX FEE |
Interactive Brokers | €1.84 | €3.68 | USD 0.00354 | 0.03%4 |
InvestoPro | €9.90 | €9.90 | €9.905 | 0.00%5 |
Saxo | €13.42 | €25.92 | USD 0.0056 | 0.25%6 |
Degiro | €14.50 | €27.00 | €1.007 | 0.25%7 |
Flatex | €25.90 | €45.90 | €5.908 | 0.40%8 | Fineco | €26.00 | €52.00 | 0.19% trade value9 | 0.00%9 |
ING Diba | €44.80 | €69.80 | €4.90 + 0.25%10 | 0.25%10 |
Swissquote | €59.95 | €104.95 | 0.10% trade value11 | 0.90%11 |
Calculation Example - EU stock trade at IBKR | ||
---|---|---|
100 shares, 5,000 EUR | ||
EUR/USD rate = 1.0882 | ||
Stock Commission Calc | 100 | shares |
US Stock Commission Rate in USD | $ 0.0035 | per share |
Stock Commissions in USD | $ 0.35 | |
Stock Commissions in EUR | € 0.32 | |
FX Conversion Calc | € 5,000.00 | |
Auto-FX conversion rate | 0.03% | |
FX conversion fee | € 1.50 | |
Clearing Fee | € 0.02 | |
Total trade cost in EUR | € 1.84 |