IMPACT by Interactive Brokers
No Inactivity Fees or Account Minimums
Stocks
FREE
ETFs
FREE
No Transaction Fee Mutual Funds
FREE
Other Mutual Funds
3% or $14.95 per trade (whichever is lower)
Options
USD 0.15 to USD 0.65 per US option contract.
Cryptocurrencies1
0.12% to 0.18% of trade value*, with a minimum per order of USD 1.75 but no more than 1% of trade value.
View Cryptocurrency Commissions
* Paxos 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.
Carbon Offsets
Offset Amount | Fee |
---|---|
USD 40 or less | 2.50% of offset value |
Over USD 40 to USD 100 | USD 1.00 |
Over USD 100 | 1.00% of offset value |
Deposits
FREE
Wire Withdrawals
FREE once a month, then $10.00
Check Withdrawals
FREE once a month, then $4.00
All Other Withdrawals
FREE once a month, then $1.00
ACATS or DWAC Position Transfers
FREE 2
DRS Deposits
$25.00 per transaction ($100 per rejected transaction)
DRS Withdrawals
$5.00 per transaction (no fee for rejected transaction)
Returned Check Fee
$25.00
FX Auto Conversion
3 basis points of trade value
Simulated Trading
Not ready to open a real account? No problem. Sign up for simulated trading in seconds and try IMPACT before opening a full brokerage account.
Disclosures