Commissions for Trader Workstation

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Under contracts for performance of intermediary services in connection with transacting in financial instruments on foreign markets
Trading in stocks, funds (ETF) and securities      
Country  Commission   Minimum
  Amount
 
  Maximum
Amount
 
 *

all regulatory fees included for all types of orders   


NORTH AMERICA
USA
All USD 0.015/stock USD 3.00 1.5% of the value traded, plus exchange fees,
electronic connection network (ECN)
and additional fees
US Non-Smart Routed
API orders
< = 500 stocks
USD 0.039/stock USD 3.9 1.5% of the value traded, plus exchange fees,
electronic connection network (ECN)
and additional fees
> 500 stocks USD 0.024/stock USD 3.9 1.5% of the value traded, plus exchange fees,
electronic connection network (ECN)
and additional fees
VWAP Orders USD 0.03/stock USD 3.0 1.5% of the value traded, plus exchange fees,
electronic connection network (ECN)
and additional fees
Canada
All CAD 0.02/stock
CAD 2.00 1.5% of the value traded
Mexico
All MXN 0.2% of the
value traded
MXN 120  

EUROPE
Belgium
All 0.15% of the value of stocks or ETF EUR 8.00 EUR 43.50  

France

EUR - denominated

0.15 % of the value
traded

EUR 8.00 EUR 43.50  
USD - denominated

0.15 % of the value
traded

USD 8.00 USD 63.00  

Germany

Xetra 0.15 % of the value of securities or ETF EUR 8.00 EUR 148.50
if stocks
 
EUR 43.50
for ETF
 
SWB 0.18% of the value
of securities or ETF
EUR 8.00 none *
Chi X 0.15% of the value
of securities or ETF
EUR 8.00 EUR 43.50  
* SWB exchange allowance for higher fees for clients
who are professional financial institutions
FWB 0.15% of the stocks’
value
EUR 8.00 EUR 58.50 *
* FWB exchange allowance for higher fees for clients
who are professional financial institutions.
Italy
all 0.15% of the value
traded
EUR 8.00 EUR 43.50  
Holland
EUR 0.15 % of the value of
stocks or ETF
EUR 8.00 EUR 43.50  
USD USD 8.00 USD 63.00  
Austria
all 0.15 % of the value of
stocks or ETF
EUR 8.00 EUR 180.00  
Spain
all 0.15 % of the value of
stocks or ETF
EUR 8.00 none
 
Sweden
all
0.5 % of the value of
stocks or ETF

SEK 490.00

EUR 20.00

none
 
Switzerland
All 0.15 % of the value of
stocks or ETF
CHF 20.00 none *
CHF - denominated 0.15% of trade value CHF 20.00 none
EUR - denominated 0.15% of trade value EUR 15.00 none
USD - denominated 0.15% of trade value USD 15.00 none
GBP - denominated 0.15% of trade value GBP 9.00 none
* A stamp duty of 0.075% is payable for stocks on the Swiss
Exchange, within the territory of Switzerland.
  

Great Britain* 

all   GBP 8.00 GBP 8.00  GBP 8.00 
* where the transaction volume is up to GBP 50,000      
GBP 8.00 + 0.0665% on the value,
exceeding GBP 50,000
GBP 8.00  GBP 38.57
 
* where the transaction volume exceeds GBP 50,000      
International
order book
USD 0.1% of value  USD 10.00 none  

* 0.5% UK stamp duty rate is chargeable;
a 1% Irish stamp duty on purchases
for Instruments denominated in USD$ traded on stock exchanges in Great Britain, the commissions valid for the USA apply
 

Macedonia* Shares Trades up to MKD 100 000 0.7 % + MKD 100 **  
Trades from MKD 100 001 to MKD 1 000 000 0.8% **  
Trades from MKD 1 000 001 to MKD 5 000 000 0.65% **  
Trades over MKD 5 000 000 0.52% **  

* The trade is fulfilled by online trading platform MetaTrader 4 
** MKD 300 settlement bank fee for each trade


ASIA AND THE PACIFIC ZONE
Hong Kong
all
0.176% of the value of stocks or ETF
HKD 36
 
Australia all 0.16% of the stocks’ value AUD 12.00  
Japan all 0.16% of the stocks’ value JPY 900  
India (incl. Transaction fees,
stock exchange sees and service fees)
all

0.10 % of the value traded

INR 150
5.00%
OPTIONS
Country
Submission of orders Commission Minimum

NORTH AMERICA
For USA, the commission is determined by a commission + exchange + regulatory fee
 

  Via Options Smart Order Router: <= 10,000 contracts per month
  Premium => USD 0.10 USD 1.40/contract USD 2.00
  USD 0.05 =< Premium < USD 0.10 USD 1.20/contract USD 2.00
  Premium < USD 0.05 USD 0.50/contract USD 2.00
  Via Options Smart Order Router:10,001-50,000 contracts per month
 

Premium => USD 0.05

USD 1.00/contract USD 2.00
  Premium < USD 0.05 USD 0.50/contract USD 2.00
  Via Options Smart Order Router: 50 001-100 000 contracts per month
  All premiums USD 0.50/contract USD 2.00
  Via Options Smart Order Router: > 100 000 contracts per month
  All premiums USD 0.30/contract USD 2.00
    USD 3.50/contract USD 3.50
  BOX, CBOE, ISE & PHLX fee /Options Regulatory Fee (ORF)/ USD 0.014 per option
Canada
all CAD 3.00 CAD 3.00
Mexico
 
AMXL MXN 50 MXN 50
NAFTRAC MXN 40 MXN 40
QQQQ MXN 60 MXN 60
 



STOCK EXCHANGE COMMISSIONS Adding liquidity Using liquidity
BATS commission fees options
All
0.6 -0.5
BOX commission fees options
Price improvement periods -PIP
All -0.60 0.60
Non-PIP Penny Pilot Issues
Penny Pilot issues - SPY, IWM,
QQQQ
-0.10 0.50
Penny Pilot issues - all
other
-0.30 0.30
Non-PIP All other
All -0.90 1.30
At the Opening orders
All
0.2 0.2
Index/ETF:
Surcharge - RUT 0 0
Surcharge - NDX & MNX 0 0
CBOE commission fees options
Equity
All 0 0
ETF/HOLDRs
QQQQ 0 0
All other >=100 contracts 0.36 0.36
All other <=100 contracts 0 0
Index
OEX 0.80
0.80
XEO 0.80
0.80
SPX, Premium>=$1.00 0.88
0.88
SPX, Premium<=$1.00 0.70
0.70
DXL 0.80
0.80
MVR 0.36 0.36
BXO and RUH 0.80
0.80
DIVD, DVS 0.80
0.80
Volatility 0.80
0.80
All other 0.36 0.36
Index/ETF Surcharge
Surcharge - Volatility 0 0
Surcharge – OEX, XEO, SPX,
DVS, DIVD, DJX, DXL
0 0
Surcharge – MNX, NDX, RUT 0 0
C2 Option fees
C, BAC, XLF, F, SPY 0.50 0
All other 0.30 0
Market-on-Open 0 0
ISE commission fees options
All
Singly Listed Premium
& F/X Options (1)
0.36 0.36
BRB, NZD, PZO, SKA 0.80
0.80
2nd market options (2) 0.10 0.10
ISE Modified Maker/Taker
Pricing Symbols >= 100
contracts(3)
0.4 0
ISE Modified Maker/Taker Pricing
Symbols < 100 contracts(3)
0 0
ISE Modified Maker/Taker
Pricing Symbols - Crossing Orders(3)
0 0
All other 0 0
Index/ETF Surcharge
Surcharge - BKX, MFX,
MID, MSH, SML, UKX
0 0
Surcharge - NXTQ 0 0
Surcharge - RMN, RUI,
RUT, MVR
0 0
Surcharge - NDX, MNX 0 0
Surcharge - FUM, HSX,
POW, TNY, WMX
0 0
NASDAQOM commission fees options
IWM, QQQQ, SPY 0.70
-0.6
Other – Penny Pilot Options 0.70
-0.50
Index Options
MNX, NDX 1.0 -0.2
All other
0.9 -0.4
All
Market-on-Open 0 0
Limit-on-Open 0 0
Market-on-Close
and Penny Pilot
0 0
Limit-on-Close
and Penny Pilot
0 0
Market-on-Close and All Other 0 0
Limit-on-Close and All Other 0 0
PCX commission fees options
Penny Pilot Issues   
All 0.9 -0.50
Premium Tier   
SPY, C, BAC, QQQQ,
AAPL, IWM, XLF, GLD, EEM, GE,
UNG, FAZ,DIA, GDX, USO  
0.9
-0.6
FX options
ISE FX - AUM, AUX, BPX, BRB,
CDD, EUI, EUU, GBP, NDO,
NZD, PZO, SFC, SKA, YUK 
0.9 -0.50
Non-Penny Pilot Issues  
All
Other – Penny Pilot Options   
Penny Pilot issues
AND At-the-Open 
0 0
ISE FX AND At-the-Open  0 0
Index/ETF Surcharge   
RUT 
BKX 
MNX 
NDX 

ISE FX (AUM, AUX, BPX, BRB,
CDD, EUI, EUU, GBP, NDO,
NZD, PZO, SFC, SKA, YUK) 

PHLX commission fees options
Equity and ETF options
Select Products  0.50
-0.4
All other
Index options
MNX, NDX, RUT, RMN 
QNET  0 0
All other
0.88
0.88
Index/ETF Surcharge   
RUT, RMN, MNX, NDX 
FX options
All
0.7 0.7
EUROPE
Belgium
All
EUR 9.00 EUR 9.00  
France
 
All except CAC40
EUR 0.9 EUR 0.9
 
CAC40 EUR 1.50 EUR 1.50  
Germany
    
All stock options
EUR 3.30
EUR 3.30
*
*stock options
 
All except for DAX EUR 4.50 EUR 4.50 *
*index options
 
DAX EUR 6.00 EUR 6.00  
Netherlands
All EUR 6.00 EUR 6.00  
Italy
All EUR 9.00 /
contract
EUR 9.00 /
contract
 

Sweden

   
All
SEK 45 SEK 45 *
*stock options
 
All
SEK 60 SEK 60 *
*index options
 
Switzerland
   
all CHF 5.10 CHF 5.10 *
*stock options
 
all CHF 8.40 CHF 8.40 *
*index options
 
United Kingdom
All
GBP 5.10 GBP 5.10
 
Spain
Stock options
EUR 2.70 /
contract
EUR 13.50  

ASIA AND THE PACIFIC ZONE
Australia
all AUD 9.00 AUD 9.00
Hong Kong
 
all 0.4% of option value
+ HKD 6 per contract
HKD 38.00
Japan
all 1000 YEN 1000 YEN
South Korea
all 0.4% of the value
KRW 2000
India   (2)( incl. Transaction fees, stock exchange fees and service fees)
  =< 10 Crores(3) INR 100/contarct none
  10 =< 30 Crores(3) INR 80/contract none
  >= 30 Crores(3) INR 60/contract none
 
  • (3) 1 lac = approx. INR 100,000; 1 crore = approx. INR 10,000,000

FUTURES AND OPTIONS ON FUTURES
For the USA, the commission fee is determined by a fixed fee
+ exchange + regulatory fee
 

Country Exchange
Commission
USA
                                       
A fixed fee in the contract’s respective currency
US EUR GBP CAD CHF HKD AUD SEK SGD JPY
1.70
1.30 1.20 1.70
1.90
14.00 1.90
13.00 2.40 170
Exchange fee
CBOT and CBOT (Floor-Based)
Ags-Electronic USD 3.62
Agricultural mini-sized USD 1.92
Big Dow USD 3.12
Mini-Sized Dow USD 2.28
Other financial products USD 1.92
US Treasury Futures USD 1.12
US Treasury Options USD 1.62
Financials (Futures) (Pit/Floor) USD 0.6
Financials (Options) (Pit/Floor) USD 1.0
Agriculture (Futures and Options)
(Pit/Floor)
USD 1.2
CFE 
BXM, CYX, RVX, VBI,
VIX, VT, VXD, VXN
USD 1.00
RUI, RUT USD 0.6
CME (Electronic & Floor Based) 
Forex Futures (USD) USD 3.2
Forex Futures (CAD) CAD 3.7
Forex Futures (JPY) JPY 372
Forex Futures (AUD) AUD 4.32
Forex Futures (EUR) EUR 2.26
Forex Futures (CHF) CHF 4.10
Forex Futures (GBP) GBP 1.84
E-mini Forex Futures USD 1.70
Forex Future Options USD 1.70
Forex E-micro (USD) USD 0.32
Forex E-micro (CAD) CAD 0.34
Forex E-micro (JPY) JPY 30
Forex E-micro (CHF) CHF 0.34
E-mini Equity USD 2.28
E-mini Equity Options USD 1.10
Interest Rate USD 2.38
Interest Rate GE Options USD 1.78
E-mini Interest Rate USD 0.36
Equity (USD) USD 4.6
Equity (USD) JPY 360
Commodities USD 3.78
ETFs USD 0.70
Housing Index USD 2.28
Foreign Exchange (Pit/Floor) USD 1.2
Interest Rate (Pit/Floor) USD 1.28
Equity (Pit/Floor) USD 1.56
Agriculture (Pit/Floor) USD 1.28
ELX USD 0.48
NYBOT 
DX, R. TO, RUT USD 2.70
RF, TF USD 1.88
CC, CT. KC, OJ, SB, SE USD 3.00
CT Options on Futures USD 3.00
NYMEX
Futures CL, GC, HG,
HO, NG, PA, PL, RB, SI
USD 2.90
Futures QH, QM, QU USD 2.40
Futures 8Q, QG USD 1.00
Futures 6Q USD 0.58
Futures REBCO USD 4.00
Futures QO, QI, QC USD 1.50
Futures UX USD 2.90
Futures Options CL,
GC, HO, NG, RB, SI
USD 2.90
NYSE LIFFE
Gold & Silver full-sized USD 2.12
Gold & Silver mini-sized USD 1.62
Futures on MSCI Indices USD 1.82
Regulatory fee
USD Products USD 0.02
CAD Products CAD 0.06
JPY Products JPY  4.66
AUD Products AUD 0.06
EUR Products EUR 0.04
CHF Products CHF 0.06
GBP Products  GBP 0.04
Canada
All CAD 4.80 CAD 4.80
Mexico
Forex Futures (USD) MXN 40.00 MXN 40.00
AMXL, CEMEXCPO, FEMSAUBD, GCARSOA1,
TELMEXL, Forex Futures (EUR)
MXN 50.00 MXN 50.00
BONO3, IPC Options MXN 80.00 MXN 80.00
IPC, BONO10 MXN 100.00 MXN 100.00
Belgium
All EUR 9.00 EUR 9.00
France
All EUR 4.00 EUR 4.00
Germany
All EUR 4.00 EUR 4.00
Italy
MIB30 EUR 4.00 EUR 4.00
Mini MFIB30 EUR 4.00 EUR 4.00
Holland
All EUR 6.00 EUR 6.00
Spain
Mini IBEX35 Futures EUR 4.00
EUR 4.00
Mini IBEX35 Options EUR 4.00
EUR 4.00
Sweden
All
SEK 40.00 SEK 40.00
Switzerland
All CHF 8.00 CHF 8.00
Great Britain
 
Non-announced herein GBP 4.25 GBP 4.25
LIFFE Coffee and Sugar GBP 4.25 GBP 4.25
Intercontinental Exchange
(USD Denominated Contracts)
GBP 4.25 GBP 4.25
Australia
All AUD 10.00 AUD 10.00
Hong Kong

HSI HKD 90.00 HKD 90.00
MHI HKD 51.00 HKD 51.00
HFI.HK, HHI, FXC HKD 60.00 HKD 60.00
Single Stock Futures HKD 85.50 HKD 85.50
Japan
Non-specified herein 1000 YEN 1000 YEN
JGB 1500 YEN 1500 YEN
N225 Mini 80 YEN 80 YEN
India
(plus Securities
Transaction
Tax, Exchange Charges,
and Service Tax)
= < 10 Crores(2) 0.06% INR 100
10 = < 20 Crores(2) 0.04% INR 100
= > 20 Crores(2) 0.02% INR 100
Singapore
SSG SGD 10.00 SGD 10.00
SEY, SJB, SGXNK, SGXNKM YEN 600 YEN 600
APEX50, N225U, STW,
XINA50, NIFTY
USD 5.70 USD 5.70
South Korea
Futures 0.008% of value


US SSFs
US Single Stock Futures are only offered under the
"Cost Plus" system – the basis plus a volume discount,
to which the exchange and the regulatory costs are added.
 
IB Fee  SSFs ETFs с 1K
Multiplier
Volume (per month)
<=20 000 Contracts USD 0.60 USD 3.00
20 001-100 000 Contracts USD 0.40 USD 2.00
100 001-200 000 Contracts USD 0.30 USD 1.50
>200 000 Contracs USD 0.20 USD 1.00
Exchange fees: 
OneChicago USD 0.28 USD 1.00
Regulatory fees: 
FINRA USD 0.04/contract USD 0.04/contract

BONDS
Country Level Commission
Minimum
Maximum
North America
USA
Up to USD 10,000
of the nominal
0.2% * Volume
traded (10 bps)
USD 10.00 USD 20.00
Exceeding USD 10,000
of the nominal
0.05% * Volume
traded (2.5 bps)
  none

MUTUAL FUNDS
Fee Price
IB Transaction Fee USD 29.90/transaction
EFPs Exchange for Physical
EFP Contract
< 100 Contracts USD 1.00/contract
100-499 Contracts USD 0.60/contract
500-1 999 Contracts USD 0.50/contract
2 000 + Contracts USD 0.40/contract

REQUIRED MINIMUMS
Customers requiring any of the below connections are subject to the following connection minimums:


TWS
API
CTCI
Internet
(Gateway Client for CTCI)
$10
$3 (for age 25 and under)
$10
$3 (for age 25 and under)
$100 + $500 one-time setup fee