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Try IBKR Lite

Low cost?
Try no cost.

Unlimited, commission-free trading on US exchange-listed stocks and Exchange Traded Funds, with no account minimums or inactivity fees.¹

Open an Account

Why IBKR Lite ?

IBKR Lite is the hassle free way to trade.

We offer unlimited, commission-free trading on US exchange-listed stocks and ETFs,² as well as low cost access to global markets without required account minimums or inactivity fees.

If that is not reason enough, we pay competitive interest on your instantly available cash balances, let you earn extra income in our Stock Yield Enhancement Program and offer low financing rates for borrowing against your account.

Start on the path to financial freedom with an IBKR Lite account.

Unlimited, Commission-Free Trading

IBKR Lite offers clients unlimited, commission-free trading on US listed stocks and ETFs, with low pricing on other products.³

No Account Minimums or Inactivity Fees

Whether you are new to investing or a seasoned investor, you shouldn’t have to pay your broker to hold your money. IBKR Lite Clients are not required to maintain account minimum balances and are not charged minimum activity fees.

Competitive Interest Rates

Earn competitive interest⁴ on the instantly available cash in your account and borrow against your account.

A Powerful Suite of Trading Platforms

IBKR Lite Clients have access to Client Portal, our simple to use online account management and trading platform, and IBKR Mobile, our robust mobile trading app that gives you the freedom to trade your account on-the-go from the palm of your hand. In addition, our flagship Trader Workstation (TWS) is available for active traders and investors who trade multiple products and require power and flexibility.

Earn Extra Income

IBKR Lite Clients can join our Stock Yield Enhancement Program. The Program lets IBKR borrow your fully paid stock in exchange for cash collateral. IBKR then loans the stock and shares half the interest earned with you. However, since it is your stock you can still trade your loaned stock with no restrictions.

IBKR Financial Strength and Security

When choosing a broker, you need to be confident the broker is secure and can endure through the good times and bad.

Interactive Brokers Group has been in business for more than 40 years, is trusted by more than 3.87 million clients and has consolidated equity capital in excess of USD 17.5 billion.⁵

Which Plan is Best for You?

IBKR Lite

IBKR Lite provides retail clients with $0 commissions on US listed stock and ETF trades, no account minimums and no inactivity fees.

IBKR Pro

IBKR Pro is the IBKR Plan for sophisticated investors and active traders. IBKR Pro clients access the IB SmartRouting^SM system. IB SmartRouting^SM helps support best execution by searching for the best available prices for stocks, options and combinations across exchanges and dark pools.

IBKR reserves the right to reject any IBKR Lite order or series of orders if IBKR determines the order(s) appear to show non-retail trading behavior. At the time an order is rejected, the client will be automatically presented the option to resubmit the rejected order on a Fixed commission basis.

Open an Account

Frequently Asked Questions About IBKR Lite

Margin borrowing is only for experienced investors with high risk tolerance.
You may lose more than your initial investment.

All sell orders are subject to small fees to offset the transactions fees imposed by regulators on the firm. For more information, see ibkr.com/liteinfo
The IBKR Lite pricing plan is available to US residents with the following account types: Individual, Joint, IRA and Trusts when the beneficiary and trustee are natural persons. In addition, US financial advisors can offer to their clients.
IBKR Lite provides commission-free trades in US exchange-listed stocks and ETFs routed to select market makers. IBKR may charge non-commission related fees. Trades in non-exchange-listed US stocks (e.g., Pink sheet and OTCBB) are subject to IBKR’s standard commission schedule. For more information, see ibkr.com/liteinfo. IBKR is able to provide commission free trading in certain products because it receives payment for order flow from market makers for these orders. For more information, read the Interactive Brokers Order Routing and Payment for Order Flow Disclosure.
Accounts with a NAV of less than USD 100,000 (or equivalent) will be paid at a rate proportional to accounts with a NAV of USD 100,000 (or equivalent) or more. The proportion is determined by the ratio of the account's NAV to USD 100,000 (or equivalent). This does not apply to currencies with negative interest rates, where the negative rate applied will be the same regardless of account size. See our Interest Rates for details.
For more information on IBG’s financial strength, see ibkr.com/safety
For more info, see ibkr.com/compare.

Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.

Which Plan is Best for You?

Features	IBKR Lite	IBKR Pro
Commissions:
US Exchange-Listed Stocks / ETFs	Commission-free^{1, 12}	Fixed or Tiered Pricing
Other Stocks / ETFs	Fixed Pricing	Fixed or Tiered Pricing
Options	Fixed Pricing²	Fixed or Tiered Pricing
Futures	Fixed Pricing	Fixed or Tiered Pricing
Currencies	Tiered Pricing	Tiered Pricing
Bonds	Tiered Pricing	Tiered Pricing
Mutual Funds	Fixed Pricing	Fixed or Tiered Pricing
Account Fees:
Minimum Balance	USD 0	USD 0
Maintenance Fee	USD 0	USD 0
Interest Paid on Instantly Available Cash Balances³	Benchmark minus 1.5%	Benchmark minus 0.5%
Interest Charged for Margin Loan	Benchmark plus 2.5%	Begins at Benchmark plus 1.5%, with lower rates for higher loan values.⁴
Eligible Accounts:
US Retail Investors⁵
Institutional Accounts⁶
Advisors^7,8
Brokers^9,10
Account Features:
Stock Yield Enhancement Program
Insured Bank Deposit Sweep Program
Market Data - US Listed Stock/ETFs	Complimentary non-consolidated, real time streaming data* for primary exchanges for US Equities and ETFs.	Complimentary non-consolidated, real time streaming data* for primary exchanges for US Equities and ETFs.
Market Data - Other Products	Low-cost data bundles and a la carte subscriptions available.	Low-cost data bundles and a la carte subscriptions available.
Outside Regular Trading Hours¹¹	07:00 - 20:00	04:00 - 20:00
Trading Technology:
Client Portal
IBKR Mobile
IBot
IBKR Desktop
Trader Workstation (TWS)	**
IBKR APIs
Algos	^†
Condition Orders & Advanced Order Types
Paper Trading
Mutual Fund / ETF Replicator
Risk Navigator^SM

= Included

IBKR Lite is meant for retail investors, including financial advisors trading on behalf of their retail clients. IBKR reserves the right to reject any IBKR Lite order or series of orders if IBKR determines the order(s) appear to show non-retail trading behavior. At the time an order is rejected, the client will be automatically presented the option to resubmit the rejected order on a Fixed commission basis.
Where available in North America.
Accounts with a NAV of less than USD 100,000 (or equivalent) will be paid at a rate proportional to accounts with a NAV of USD 100,000 (or equivalent) or more. The proportion is determined by the ratio of the account's NAV to USD 100,000 (or equivalent). This does not apply to currencies with negative interest rates, where the negative rate applied will be the same regardless of account size. See our Interest Rates for details.
See our Margin Rates for details.
US Retail Investors includes individuals, joint, UGMA/UTMA, retirement and trust accounts.
1. Standalone trust accounts with legal entity trustees are not eligible for IBKR Lite
Institutional Accounts are defined as any hedge funds, proprietary trading group or organizational type accounts
Advisors include all registered financial advisors and non-registered financial advisors.
To be eligible for IBKR Lite, advisors must be US domiciled and must have:
1. Less than 15% of client accounts outside the US
2. Less than 15% of client equity outside the US
3. Less than 15% of client accounts as organization accounts
4. No client accounts from Israel
5. No partitioned client accounts
6. No Separate Trading Limits (Proprietary Trading) accounts
Brokers require special approval from IBKR before opening an IBKR Lite account. Brokers cannot have both IBKR Lite and IBKR Pro clients under the same account structure. Separate accounts structures are required to facilitate.
Brokers on the IBKR Lite plan cannot support the follow ing type of client sub accounts:
1. Israel is the country of legal residence of the account holder
2. Partitioned client accounts
3. Three-tier hierarchies (no advisor or STL proprietary trading accounts)
4. OMS clients
Regular trading hours for IBKR Lite and IBKR Pro are 09:30 – 16:00. Market orders placed prior to regular trading hours will be treated as MarketOnOpen orders and count towards client threshold.
At the end of each month, IBKR will review the total monthly trading volume of US listed stock orders. If the combined volume of OnClose, OnOpen, Outside Regular Trading Hours ("Outside RTH") or sub-USD 1.00 NMS exceeds 10% of an account's monthly US stock trading volume, a commission of the lesser of USD 0.005 per share or 1% of trade value will be charged.

* Excludes pink sheet data.
**Trader Workstation (TWS) is not available to Brokers' clients enrolled in IBKR Lite.
† Fees may apply.

We understand your investment needs change over time. You can switch between the IBKR Lite and IBKR Pro plan at any time. Your first three reclassifications are processed on a daily basis while subsequent reclassifications happen on a quarterly basis.

Try IBKR Lite

Low cost? Try no cost.

Why IBKR Lite ?

Unlimited, Commission-Free Trading

No Account Minimums or Inactivity Fees

Competitive Interest Rates

A Powerful Suite of Trading Platforms

Earn Extra Income

IBKR Financial Strength and Security

Which Plan is Best for You?

Frequently Asked Questions About IBKR Lite

Low cost?
Try no cost.