REMINDER
Monthly Account Inactivity Fees Were Eliminated
While many of our clients actively trade or maintain substantial equity in their account, we have decided to eliminate our monthly inactivity fee so there are no impediments to maintaining an account with IBKR.As of July 1, 2021, we eliminated inactivity fees for most account types, so there is no longer a USD 10 charge for not maintaining a minimum balance or transaction activity with your account. The change will be reflected on August 2021 account statements.
Our decision to remove inactivity fees aligns us with industry standards and reflects our ongoing commitment to provide clients with low-cost trading solutions.
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EXPANDED OFFERING
The New Standard in
Portfolio Management Software
Did you hear that in April 2021, PortfolioAnalyst was verified as calculating Time-Weighted Returns and Money-Weighted Returns in accordance with the Global Investment Performance Standards (GIPS®) calculation methodologies? GIPS was developed by the CFA Institute, is used by investment management firms around the world, and establishes standards for investment performance, making it easier for you to compare firms and make more informed investment decisions.
PortfolioAnalyst consolidates, tracks and analyzes your complete financial performance. Link your investment, checking, savings, annuity, incentive plan and credit card accounts to understand your current and historical financial state and plan for the future.
IBKR clients enjoy free, full access to PortfolioAnalyst's advanced features and receive real-time updates regarding their IBKR portfolio positions. Simply log in to Client Portal to access PortfolioAnalyst.
In addition, we recently released the following enhancements to PortfolioAnalyst:
- Full support for daily money-weighted returns (MWR) when using daily frequencies throughout PortfolioAnalyst reports and online tools.
- Use of Lipper Global as a new data source for fund sector classifications where sector-specific funds are appropriately classified.
- Integration with Quote Details:
- Quick Trade order ticket to easily place orders, manage open orders and view recent trades.
- Advanced intraday charting options to change time periods, add technical indicators like SMA, EMA, Bollinger Bands, and display volume charts.
- Live news stream and recent transactions.
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GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
REMINDER
Simple Investing, Simple Pricing.
Interactive Brokers introduced new, simplified pricing for Western European stocks:
- Standard pricing is now €3/£3 per trade for up to €/£6000 in value
- Larger trades commissioned at just 0.05% of trade value
These low commission rates are available with IB SmartRoutingSM, which optimizes the execution quality for clients by accessing the many exchanges and trading venues across the continent. Please note the Fixed commission model does not have fee caps.
Our new pricing is offered alongside our current tiered pricing so that you can choose a commissions structure that best aligns with your investing objectives, without added spreads, ticket charges, platform fees or account minimums.
Clients from over 200 countries and territories trade stocks, options, futures, currencies, bonds, funds and more from a single, integrated account. Fund or trade your account in multiple currencies, access 135 global exchanges including all U.S exchanges, and use powerful mobile, web and desktop trading platforms.
[1] Restrictions apply. For more information, visit our website
REMINDER
Trade More, Pay Less
Hong Kong stocks now from HKD 0.015% - 0.05% of Trade Value1
Interactive Brokers has new, lower pricing for Hong Kong stocks:
- HKD 0.015% - 0.05% of trade value without added spreads, platform fees or account minimums
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[1] Restrictions apply. For more information, visit our website
EXPANDED OFFERING
Zero Spread for Institutional Orders
Interactive Brokers' clients executed over 3 million trades per day1 during Q2 2021. We believe our institutional clients would benefit greatly from interacting with this liquidity.
As you know there is great controversy about payment for order-flow. Brokers, who charge zero commissions, sell their orders to High Frequency Traders who execute these orders at slightly better prices than the NBBO. But these execution prices are still advantageous enough for them to be able to pay the brokers, maintain their operations, and make a profit that sums to billions. In the first quarter, nearly 50% of all stock trades2 were executed off the exchanges, resulting in less liquidity and wider markets for institutional traders.
At Interactive Brokers we charge a commission averaging just under $0.002 per share3 and seek to execute our orders at the best price our order-execution system can find in various dark pools and the exchanges. Traders who do not need immediate execution and are willing to rest mid-point pegged orders in our ATS can effectively reduce the bid/offer spread to zero both for themselves and for the SmartRouted orders we cross with their resting order.
Join them - both your institution and other IBKR clients would benefit greatly and equally!
IBKR hosts resting orders on our ATS, shielding our clients' intentions while achieving best price execution. We have incorporated anti-gaming logic into our SmartRouter to prevent predatory traders from probing the IBKR ATS to detect large resting orders. In addition, we do not trade against our clients' orders.
IBKR ATS accepts Accumulate/Distribute, Relative (a.k.a. Pegged-to-Primary), Pegged-to-Market, Pegged-to-Midpoint, Scale and non-marketable Limit orders. All order types (other than midpoint peg orders) provide dynamic adjustment so that a buy order is always at least one tick below the NBO, and a sell order is always at least one tick above the NBB. Midpoint peg orders are always executed at the midpoint of the NBBO. In addition, the GTD (Good-til-Date/Time) feature lets you select an expiration date and time up until which an order will stay active.
As an IBKR client, you can interact with our SmartRouted order flow by directing your order to the IBKR ATS. Simply click "Advanced" on the TWS Order Entry panel and select IBKR ATS as your destination. If you are looking to connect with the IBKR ATS using an API, contact our API Team at [email protected] to learn more.
We look forward to helping you realize zero spread executions.
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[1] Daily average revenue trades (DARTs). For more information, see ibkr.com/ir
[2] Based on WSJ article, GameStop Mania Highlights Shift to Dark Trading; February 12, 2021
[3] Commissions may vary based on commission model. For more information, visit our commissions webpage.
New Tools
New Features Added to
IBKR Trading Platforms
We recently added functionality to IBKR Mobile, Trader Workstation (TWS) and Client Portal to deliver a powerful and seamless trading experience across our platforms, whether you are trading from your desktop or on-the-go.
All Platforms
- Trade Worldwide: As an IBKR client, you have the unique opportunity to trade products in 135 markets around the world. The Trade Worldwide news feed makes it easier for you to discover new products that may complement your current investment strategy. Based on your current portfolio and trading habits, the Trade Worldwide feed presents a list of actionable, potential global investments picked just for you. Click Related Tickers at the bottom of any news story to trade the product or add to your Watchlist.
Trade Worldwide is available in Client Portal from the Discover menu and in Desktop TWS news feeds. Coming soon to IBKR Mobile.
IBKR Mobile (iOS)
- Direct Access to Tax Forms: Now you can access your tax forms and share or download them to your device directly from the Account Management drop-down entry in the More menu. Tap the Tax Forms icon to open the page in Client Portal.
- Enable "Edge" Gestures: Enable Edge Gesture in the Display section of Configuration to make it easier to perform actions with one hand on many of our most popular screens.
- Improved Partitions: Portfolio Partitions now have a cleaner look and added functionality.
Client Portal
- Spot Your Next Opportunity with Interactive Brokers and TradingView
We have teamed up with TradingView, a social network of 30 million traders and investors using the world’s best charts and tools to spot opportunity in global markets, to provide you with free stock charts, stock quotes, and trade ideas.TradingView charts are available in the Quote Details screen in Client Portal for any stock symbol. Coming soon to all our trading platforms.
- Combo/Spread Support: Use the Strategy Builder in the Option Chain to create multi-leg options strategies. Add a strategy to a Watchlist, see the Risk Profile, or Trade directly from the strategy screen. Access by clicking Option Chain from the Quote Details screen.
- Exit Strategy: Easily set up an exit strategy for your orders using the Exit Strategy link at the bottom of the Order Ticket. Define a bracket order to capture profit (Profit Taker) and help minimize loss (Stop Loss). Use one or both orders and modify as needed.
- Search Improvements with Added Information: The search bar has been enhanced to provide additional information on a contract. After the contract search has been returned, click in the search bar (labeled "Search Inside") to see a drop-down list of useful information on the contract, including fundamentals, news and more.
- Mutual Fund Scanner: From the Markets menu select Mutual Fund Scanner to set filters and search for Fund Families. Click Download to XLS to download your results into Excel.
Visit the Release Notes section of the Documentation page to find out more about recent enhancements.
ABOUT IBKR TRADING PLATFORMS
NEW SERVICES
New Funds and Fund Families
Available at the Mutual Funds Marketplace
The Interactive Brokers Mutual Funds Marketplace provides clients from over 200 countries and territories with access to more than 40,000 funds from 400 fund families, including Allianz, American Funds, BlackRock, Fidelity, Franklin Templeton, Invesco, MFS and PIMCO.
Unlike most firms, IBKR never charges a custody fee. In addition, we offer over 7,700 funds with no transaction fees and low, transparent commissions. Inside the US, commissions are the lesser of USD 14.95 or 3% of trade value, while fee funds outside the US are EUR 4.95 (or equivalent).
To help provide you with a broad selection of funds, we recently added the following fund families to the Marketplace:
Global Fund Families
- ALEXANDER FORBES INV GLOBAL
- ANDBANK AM LUX (LU)
- AVIVA INV GLOBAL
- AXA FUNDS
- BIRLA SUN LIFE (IE)
- BLUEBAY AM LLP (LU)
- BLUEBOX AM (LU)
- CREDICORP CAPITAL AM (LU)
- DNB AM (NO)
- EAGLE CAPITAL (IE)
- ERSTE AM GMBH (AT)
- FEDERATED INTL EUROPE (IE)
- FINSERVE NORDIC AB (SE)
- FUNDSMITH LLP (GB)
- HARBOR ITHAKA (LU)
- JUPITER AM (EUROPE) LT (IE)
- NIKKO AM (LU)
- PINEBRIDGE INV EUROPE LTD (IE)
- POLEN
- ROLINCO
- RORENTO DH EUR
- SIA (LU)
- SUSTAINABLE GROWTH ADVISERS LTD (LU)
- T ROWE PRICE GLOBAL INV SERVICES LTD (LU)
- TCW IM (LU)
- UBS THIRD PARTY MGMT CO (LU)
- WELZIA MGMT (LU)
US Fund Families
- ALPHA FIDUCIARY FUND
- CHANNEL FUNDS
- PHAECIAN FUNDS
- VALUED ADVISORS TRUST
- WAYCROSS FUNDS
In February 2021, Benzinga recognized Interactive Brokers as the Best Broker for Mutual Funds. Visit the Mutual Funds Marketplace to learn why.
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Launch Mutual Fund Search Tool
New Tools
Find Your Next Opportunity at the Bonds Marketplace
Search for the best yields from a vast universe of bonds from issuers in the Americas, Europe and Asia in our Bonds Marketplace. IBKR provides direct market access at a low cost to a wide array of corporate, government and municipal securities. Our clients get the best bids and offers with low, transparent commissions and no hidden mark-ups.
Browse availability with our Bond Search Tool and:
- Use filters like Maturity Date to find and invest in companies that suit your strategy. Plot results based on Yield to Worst and Duration to dive deep and compare issuers.
- Easily place orders by copying your results into a watchlist or exporting your list.
- Save your scan and run it again at any time if you need to find other similar bonds.
39,000+
Global Corporate Bonds
19,000+
US CDs
1,250+
US Treasuries
1,000,000+
US Municipal Bonds
2,800+
Non-US Sovereign Bonds
In February 2021, Benzinga recognized Interactive Brokers as the Best Broker for Bonds. Visit the Bonds Marketplace to learn why.
Learn More
Launch Bond Search Tool
More Reasons Than Ever to Visit
IBKR Campus is your one-stop destination for learning about the markets, products and tools available to you at Interactive Brokers, while improving your understanding of current events and financial technology.
Traders' Academy offers more than 50 courses on investment products, IBKR trading tools, portfolio and risk analysis, investment analysis, APIs, advisor tools and taxes.
Getting Started for Advisors
Are you thinking about becoming an advisor or a new advisor to the IBKR platform? Our revised Getting Started for Advisors course walks you through IBKR's integrated advisor solutions and helps you get up to speed.
New videos include:
- How to Access Interactive Brokers' Automated Trading System (IBKR ATS)
- Two-Factor Authentication (iPhone)
- Two-Factor Authentication (Android)
Sign Up for Delivery to Inbox
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Watch, listen and learn about current market topics, IBKR tools and more by participating in any of our free webinars or browsing our extensive offering of recorded webinars.
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Watch or read market commentary and analysis from more than 70 industry sources, including IBKR's Chief Strategist Steve Sosnick and Senior Analyst Steven Levine.
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A free online resource for educators looking to blend finance or computer science classwork with real-world trading experiences.
A blog for quantitative professionals with an interest in programming, deep learning, IBKR API, AI, Blockchain and other transformative technologies influencing modern markets.
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NEW PRODUCTS
New Products Available on the IBKR Platform
Americas
- Mini-Russell 2000 Index Options (MRUT)
- E-mini Nasdaq-100 Monday Weekly Options (Q1A – Q5A)
- E-mini Nasdaq-100 Wednesday Weekly Options (Q1C – Q5C)
- Australian Dollar / US Dollar (AUD/USD) Weekly Monday Options on Futures (MA1 – MA5)
- Canadian Dollar / US Dollar (CAD/USD) Weekly Monday Options on Futures (MD1 – MD5)
- Euro / US Dollar (EUR/USD) Weekly Monday Options on Futures (MO1 – MO5)
- British Pound / US Dollar (GBP/USD) Weekly Monday Options on Futures (MB1 – MB5)
- Japanese Yen / US Dollar (JPY/USD) Weekly Monday Options on Futures (MJ1 – MJ5)
- Micro US Dollar / Canadian Dollar (USD/CAD) Futures (M6C)
- Micro US Dollar / Japanese Yen (USD/JPY) Futures (M6J)
- Micro US Dollar / Swiss Franc (USD/CHF) Futures (M6S)
NYMEX/Comex
- Silver Weekly Options (SO1 – SO5)
- Micro WTI Crude Oil Futures (MCL)
Cbot
- Chicago SRW Wheat Weekly Options (ZW1 – ZW5)
- Small Cannabis Equity Index Futures (S420)
EMEA
- Options on Euro-BTP Futures (OBTP)
APAC
- Mini USD / CNH Futures (MCS)
- FTSE Vietnam 30 Index Futures (FVN)
- FTSE China H50 Index Futures (XINOI)
View Product Listings
EXPANDED OFFERING
Additional News and Research Providers Available on the IBKR Platform
Our clients enjoy access to dozens of free and premium market research and news providers. New providers include:
Bridgeweave is a London based Fintech that creates breakthrough solutions for wealth and investments powered by AI. Their core product, InvestorAi, acts like your personal quant analyst, using machine learning and AI tools to sift through billions of elements of data, every day. It generates investment ideas or insights which are intuitive, affordable, easy to understand and available on your mobile phone.
Bridgeweave's competitive advantage is their vertical AI product, InvestorAi, which has been trained specifically for wealth and investments. With deep sector knowledge and expertise, InvestorAi delivers investment ideas/insights which are easy to use and understand.
To subscribe to InvestorAi, log in to Client Portal, click the Head/Shoulders icon in the upper right corner of the home page, click User Settings, click the gear icon next to Research Subscriptions and then click the gear icon next to Current GFIS Subscriptions.
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IEX Cloud is the financial data business of the IEX Group, which also separately operates the IEX Exchange. Since 2019, IEX Cloud has been setting new standards for easy delivery and use of financial data. IEX Cloud connects you with 150+ enterprise-grade datasets through one easy-to-use platform and API.
To subscribe to IEX Cloud, log in to Client Portal, click the Head/Shoulders icon in the upper right corner of the home page, click User Settings, click the gear icon next to Research Subscriptions and then click the gear icon next to Current GFIS Subscriptions.
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Seasonax is a leader in seasonal trading pattern analytics. The whole idea of Seasonax is to provide users with an easy tool and access to interpret data and to make their investment decisions. It is based on recurring seasonal patterns that can be identified in stocks, indices, FX, commodities during the entire calendar year. In other words, with two clicks the user can determine the best date when to buy and sell individual market instruments based on historical performance.
To subscribe to Seasonax, log in to Client Portal, click the Head/Shoulders icon in the upper right corner of the home page, click User Settings, click the gear icon next to Research Subscriptions and then click the gear icon next to Current GFIS Subscriptions.
Subscribe
TF International Securities Group is a wholly-owned subsidiary of TF Securities Co., Ltd. (“TF Securities”) in Hong Kong. TF International has established a strong presence in Hong Kong and serves clients from all around the globe to connect Chinese and global capitals. Subscription includes access to fundamental and economic research reports from Hong Kong and China.
TFI Securities is a complimentary service and does not require a subscription.
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Updata is a market leader in the provision of technical analysis and automated trading software. The software is compatible with dozens of different data sources including Interactive Brokers right up to professional market terminals such as Bloomberg and Refinitiv Eikon. Users can run hundreds of different charts across multiple workspaces. The Technical Analysis tools cover all the bases including world leading point and figure. Automatic price targets are given with a single key press.
To subscribe to Updata, log in to Client Portal, click the Head/Shoulders icon in the upper right corner of the home page, click User Settings, click the gear icon next to Research Subscriptions and then click the gear icon next to Current GFIS Subscriptions.
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Supporting documentation for any claims and statistical information will be provided upon request.
Options and Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading options read the “Characteristics and Risks of Standardized Options”. Before trading futures, please read the CFTC Risk Disclosure.
Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.
