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Your total US options commissions include IB fees, that are tiered based on volume, plus exchange fees.


IB Execution and Clearing Fees

United States
Tier
Commissions
Minimum per Order
Example
Smart Routed: <=10,000 Monthly Contracts
Premium => USD 0.10 USD 0.70
per contract 		USD 1.00 1 Contract @ USD 2 Premium
= USD 1.00
2 Contracts @ USD 5 Premium
= USD 1.40
USD 0.05 =< Premium < USD 0.10 USD 0.50
per contract		 USD 1.00 3 Contracts @ USD 0.075 Premium
= USD 1.50
Premium < USD 0.05 USD 0.25 per contract USD 1.00 5 Contracts @ USD 0.03 Premium
= USD 1.25
Smart Routed: 10,001-50,000 Monthly Contracts
Premium => USD 0.05 USD 0.50
per contract		 USD 1.00 1 Contract @ USD 2 Premium
= USD 1.00
2 Contracts @ USD 5 Premium
= USD 1.00
Premium < USD 0.05 USD 0.25 per contract USD 1.00 5 Contracts @ USD 0.03 Premium
= USD 1.25
Smart Routed: 50,001-100,000 Monthly Contracts
All Premiums USD 0.25
per contract		 USD 1.00 1 Contract @ USD 2 Premium
= USD 1.00
2 Contracts @ USD 5 Premium
= USD 1.00
Smart Routed: > 100,000 Monthly Contracts
All Premiums USD 0.15
per contract		 USD 1.00 1 Contract @ USD 2 Premium
= USD 1.00
2 Contracts @ USD 5 Premium
= USD 0.30
Direct Routed
  USD 1.75
per contract		 USD 1.75 1 Contract = USD 1.75

Canada
Tier
Commissions
Minimum per Order
Example
All CAD 2.00 per contract CAD 2.00 1 Contract = CAD 2.00


Exchange Fees

United States
   
Remove Liquidity
 Add Liquidity
AMEX All stock options and QQQQ 0.00 0.00
AMEX All ETFs except QQQQ 0.15 0.15
AMEX All index options not listed below 0.45 0.45
AMEX MNX, NDX 0.22 0.22
AMEX HOLDR 0.15 0.15
BOX All options not listed below 0.00 0.00
BOX GOOG, RIO, RUT, SNDK, EBAY, BAC, MEDX, NDX, IBM, XOM, EMC, MER, GS, ELN, MNX, HAL, LEH, F, AA, VLO, JPM, PFE, NEM, DELL, WMT $0.50 -0.25(4)
BOX Penny Pilot Issues 0.45 -0.25(4)
CBOE All stock options and QQQQ 0.00 0.00
CBOE All ETFs except QQQQ 0.18 0.18
CBOE All index options not listed below 0.18 0.18
CBOE OEX, XEO
0.30 0.30
CBOE SPX Price>=$1 0.44 0.44
CBOE SPX Price<$1 0.35 0.35
CBOE DXL, MVR, VIX
0.40 0.40
ISE All stock options and ETFs not listed below 0.00 0.00
ISE BBH, BKX, DIA, DSI, DVY, ENT, EEM, EFA, ERF, EWA, EWC, EWG, EWH, EWJ, EWY, EWZ, FCG, FDG, FDM, FIW, FNI, FTZ, FUM, FXI, GDX, HHH, HHO, IAI, IBB, IEF, IGW, IJH, IJR, IJS, ILF, IVE, IVV, IVW, IWB, IWD, IWM, IWN, IWO, IYE, IYM, IYR, IYT, KBE, KCE, KIE, KLD, MDY, OEF, OIH, PBW, PGJ, PHO, PMP, POW, PPH ,QID, QLD, RKH, RSP, RTH, SDS, SHY, SMH, SPY, SSO, TLT, TNY, TTH, TWM, UKX, UNG, USO, UTH, UWM, WMX, XHB, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY, XME, BYT, DMA, HSX, HVY, IXK, IXX, IXZ, JLO, MFX, MID, MNX, MSH, NDX, OOG, RMN, RND, RUF, RUI, RUT, SIN, SML 0.18 0.18
ISE All FX options
0.18 0.18
ISE 2nd Market Stock Options 0.05 0.05
PCX All options and ETFs not listed below
 0.00 0.00
PCX Penny Pilot Issues 0.50 -0.25(4)
PHLX All options not listed below 0.00 0.00
PHLX All index options not listed below 0.44 0.44
PHLX RUT, RMN 0.00 0.00
PHLX Forex Options 0.44 0.44

Notes:

  1. All order types, exchange and regulatory fees included.
  2. Commissions are not charged for US exercise and assignment.
  3. Volume breaks are applied based on monthly cumulative trade volume summed across all options contracts at the time of the trade. Contract volumes for advisor, separate trading limit, and broker accounts are summed across all accounts for the purpose of determining volume breaks. These fees are applied on a marginal basis for a given calendar month. If for example, you execute 12,000 US contracts in a month, your execution costs would be:

    10,000 contracts at $0.75
    2,000 contracts at $0.50
  4. Negative numbers are rebates.
  5. Because of Reg (3) NMS regulations, we may not fill at an inferior price so exchange fees will not be part of our order routing decision except in cases where exchange quotes are equal.