Is Interactive Brokers Free?


No, Interactive Brokers is not free but it does provide free services. Interactive Brokers is a secure online broker with a transparent fee policy. It has top-tier licenses from FINMA, IIROC, FCA, MAS, FSA, SFC, and CFTC. Interactive Brokers offers premium trading tools and competitive prices.

This article discusses the specifics of Interactive Brokers fee structure.

Is Interactive Brokers Free?

Interactive Brokers does not charge a fee for real stock trading on the US market. However, if you opt for trading other assets, you’ll have to pay a brokerage fee. Interactive Brokers does not charge an inactivity fee. Read our in-depth reviews to learn more about Interactive Brokers and its fee structure.

Assets Fee level Fee terms
US stock feeLow$0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan.
EURUSD feeAverageTrade value less than $1 billion: 0.2 bps * trade value; min. $2
US mutual fund feesAverage$14.95 per transaction or 3% of trade value, whichever is lower
Inactivity feeLowNo inactivity fee

Are Interactive Brokers Fees Low?

Interactive Brokers is a secure online broker with a transparent fee structure and low trading costs. For example, the US stock fee for a $2000 trade is $1. Verify our in-depth reviews to learn more about the costs of trading with Interactive Brokers.

Does Interactive Brokers Charge A Non-Trading Fee?

Interactive Brokers has low non-trading fees. For example, it does not charge a withdrawal or deposit fee for bank transfers. Read our in-depth reviews to discover the non-trading fees at Interactive Brokers.

Interactive Brokers Saxo Bank TradeStation Global
Withdrawal fee$0$0$0
Deposit fee$0$0$0
Inactivity feeNoYesNo
Account feeNoNoNo

Does Interactive Brokers Have An Inactivity Fee?

Interactive Brokers does not charge an inactivity fee. It is an excellent choice for traders at all levels of experience.

Interactive Brokers Saxo Bank TradeStation Global
Bank transferYesYesYes
Credit/debit cardNoYesNo
Electronic walletsNoNoNo
Deposit fee$0$0$0

Final Verdict

Interactive Brokers is not a free broker, but it is a top choice as a trustworthy brokerage firm. It has a competitive pricing structure with a transparent fee policy. Read our in-depth reviews to learn more about Interactive Brokers and its fees.

Interactive Brokers compared to other brokers:

Interactive Brokers Review


The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.


All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

Previous articleIs Plus500 Good For Beginners?
Next articlePlus500 Account Opening
Braden Chase is an investor, trading specialist, and former research specialist for who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.


Please enter your comment!
Please enter your name here