Stock Trading: Trade Stocks Online
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Trade Stocks Globally from a
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The IBKR Advantage
- £3/€3 per trade for Western European stocks with no added spreads, account minimums or platform fees
- Low commissions on US stocks with commissions just USD 0.0005 to USD 0.0035 per share with IB SmartRoutingSM
- Trade stocks globally on 90+ market centers
- Lowest financing rates in the industry
- Professional trading platforms, mobile apps, order types, and tools
- Transparent shortable inventory and pricing
- Fractional Shares let you invest regardless of share price
- Earn extra income on your fully paid shares
Zero Commission Isn't the Same as Free
Interactive Brokers clients receive significant savings vs. other brokers
US Stock Trading Costs for UK Residents
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 |
- DISCLAIMER: Comparison to other providers is based on our understanding of their published rates for trading US shares available on their websites as of 19 July 2024. Some providers offer multi currency accounts which were not considered in the comparison. We assumed account base currency is GBP and that a FX conversion to USD is required. The comparison is shown for illustrative purposes only. For confirmation of the most up to date competitor rates on different account types and product information you should visit their websites.
- Total cost considers execution commission and FX conversion costs charged by the providers. In the case of IBKR, and some other providers where readily disclosed, we have additionally included regulatory, clearing and exchange fees that are passed through to the client on a transactional basis.
- For comparison purposes, we have converted "Advertised Rates" to GBP. The USD/GBP FX rate we used in the comparison table is 0.77423.
- IBKR, tiered stock commissions of $0.0035 per share + exchange, regulatory and clearing fees. Assumed auto currency conversion charge of 0.03%. Full rate card is available by visiting IBKR Commissions.
- Robinhood passes through third-party costs of 0.03% related to FX fees when exchanging from GBP to USD. Assumed a market order which is assessed a spread fee estimated at 0.0125%.
- Saxo's VIP account type used. Minimum US stock commission is $1.00 per order for all account tiers.
- Degiro fees effective April 18, 2024, per fee schedule on Degiro UK website. €1.00 per trade transaction fee + €1.00 per trade handling fee. Assumed that the trade is placed via Auto FX Trader.
- We assumed client has traded at least 3 times in the previous calendar month to meet IG's requirement for £0 US stocks commission.
- AJ Bell's £5.00 fee for trades on US shares per deal is based on less than 10 deals in the previous month. FX conversion rates are tiered based on trade value.
- Rate for Basic Investment Account type at Freetrade.
- Hargreaves Lansdown's £11.95 commission rate is based on 0-9 deals in the previous month. FX conversion rates are tiered based on the deal value.
- Interactive Investor's £3.99 commission rate is for the Investor account type. FX conversion rates are tiered based on the deal value. The illustration does not include cost of the account monthly service plan.
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 | |
Lower Costs to Maximize Returns1
Interactive Brokers offers low, simple stock pricing on the most active European exchanges. We are simplifying our pricing so you know the cost before you invest. Commissions on Western European stocks is just £3/€3 per trade for typical trade sizes. For larger trades (those over £6000/€6000) the cost is .05% of trade value.
Commissions range from USD 0.0005 to USD 0.0035 per share on US stocks and include the IB SmartRoutingSM system. IB SmartRoutingSM helps support best execution by searching for the best available prices for stocks, options and combinations across exchanges and dark pools. Also, it continuously evaluates changing market conditions and dynamically re-routes all or parts of your order.
Competitive interest paid on instantly available cash balances.
Trade stocks globally on
90+ market centers.
Trade popular US stocks
around the clock,
five days per week.
Lowest Financing Rates in the Industry
IBKR charges margin loan rates2 from USD 5.08% to USD 6.08%*
We offer the lowest margin loan interest rates of any broker, according to the StockBrokers.com 2024 online broker review.
Click below to calculate your own sample margin loan interest rate.
*Restrictions Apply
Professional Trading Platforms, Order Types, and Tools
Powerful, award-winning trading platforms and tools for managing your portfolio. Available on desktop, mobile apps, and web.
See Our Trading Platforms90+ order types – from limit orders to complex algorithmic trading – help you execute any trading strategy.
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Learn About Sustainable Investing
Transparent Shortable Inventory and Pricing
The Shortable Instruments (SLB) Search tool is a fully electronic, self service utility that lets you search for availability of shortable securities from within Client Portal.
Learn About Short Securities Availability
Earn Extra Income on Your
Fully Paid Shares
Earn extra income on your fully paid shares. IBKR borrows your shares to lend to traders who want to short and are willing to pay interest to borrow the shares. You are paid interest each day shares are on loan and retain the ability to trade your loaned stock without restrictions.
Learn About Our Stock Yield Enhancement Program
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Open an AccountDisclosures
- Lower investment costs will increase your overall return on investment, but lower costs do not guarantee that your investment will be profitable.
- According to StockBrokers.com Interactive Brokers Review: Read the full article Online Broker Reviews, May 6, 2024. "Professionals can take advantage of industry-leading commissions, including the lowest margin rates across all balance tiers."