Review · Fees

Interactive Brokers fees: commission, spreads and minimums

Interactive Brokers prices forex at interbank rates plus a commission set in basis points of the trade value, so it publishes no EUR/USD spread in pips. The minimum deposit is $0 on IBKR Pro and IBKR Lite accounts (checked 19 Oct 2026).

Written and checked by: Low Spread Brokers team
Updated: 20 Oct 2026

19 Oct 2026latest data check

Low Spread Brokers does not give personal investment advice.

At a glance

Interactive Brokers

6.2/10

Entities 9

Minimum deposit: $0
EUR/USD spread from: Not measured
Max retail leverage: 1:30 (major FX CFDs, retail: ESMA-style minimum initial margin 3.33%; 5% other pairs) (FCA) · Leverage limits per CBI CFD rules (Aug 2019) for retail; ESMA minimum margin 3.33% major FX (1:30) per CFD margin page (Central Bank of Ireland)
Platforms: proprietary
Founded: 1978

6 of 9 licences checked on the register, 20 Oct 2026

Visit brokerUnpaid link

58.9% of retail investor accounts lose money when trading CFDs with this provider (Interactive Brokers (U.K.) Limited).

Full Interactive Brokers review

Quick answer

What does Interactive Brokers charge for forex?

A commission on each trade, calculated as a share of its value, on top of the interbank price. Our data has neither the commission rate nor a spread figure, so we cannot put IBKR into a cost-per-lot comparison; its costs score is not measured. What is published: no minimum deposit, and 58.9% of retail CFD accounts lose money at Interactive Brokers (U.K.) Limited, 58.9% at Interactive Brokers Ireland Limited (checked 19 Oct 2026).

Funding methods in our data: Bank wire, ACH (US), Direct ACH (US), Check (US), Online Bill Pay (US), Wise balance transfer and USDC stablecoin (USD). Non-USD methods are not listed.
UK clients are with Interactive Brokers (U.K.) Limited (licence 208159, FCA as IBKR publishes it); their accounts are cleared and carried by Interactive Brokers LLC in the US.
Withdrawal, inactivity and market-data charges are not in our data; they are set in IBKR’s own pricing terms.

Interactive Brokers companies

Interactive Brokers lists 9 companies in our data. Licence numbers are shown as Interactive Brokers publishes them; we have not yet matched them on the regulators’ registers.

Interactive Brokers companies
Entity	Regulator	Licence	Max. retail leverage	Negative balance protection	Compensation
Interactive Brokers LLC	Tier 1 SEC / CFTC	Not publishedAs published by the broker	Not published	Not published	SIPC member
Interactive Brokers (U.K.) Limited	Tier 1 FCA	208159Checked on the register, 20 Oct 2026	1:30 (major FX CFDs, retail: ESMA-style minimum initial margin 3.33%; 5% other pairs)	Yes	Accounts cleared and carried by Interactive Brokers LLC (SIPC); products covered by UK FSCS only in limited circumstances
Interactive Brokers (U.K.) Limited (DIFC Branch)	Tier 1 DFSA	F008423Checked on the register, 20 Oct 2026	Not published	Not published	Not published
Interactive Brokers Ireland Limited	Tier 1 Central Bank of Ireland	C423427Checked on the register, 20 Oct 2026	Leverage limits per CBI CFD rules (Aug 2019) for retail; ESMA minimum margin 3.33% major FX (1:30) per CFD margin page	Yes	Irish Investor Compensation Scheme (ICS)
Interactive Brokers Australia Pty. Ltd.	Tier 1 ASIC	AFSL 453554Checked on the register, 20 Oct 2026	Not published	Not published	Not published
Interactive Brokers Canada Inc.	Tier 1 CIRO	Not publishedCompany checked on the register, 20 Oct 2026; the register does not list the number	Not published	Not published	Canadian Investor Protection Fund (CIPF) member
Interactive Brokers Singapore Pte. Ltd.	Tier 1 MAS	CMS100917Company checked on the register, 20 Oct 2026; the register does not list the number	Not published	Not published	Not published
Interactive Brokers Securities Japan Inc.	Tier 1 JFSA	Kanto Local Finance Bureau Registration No. 187As published by the broker	Not published	Not published	Not published
Interactive Brokers Hong Kong Limited	Tier 2 SFC Hong Kong	Not publishedAs published by the broker	Not published	Not published	Not published

Which entity will I get?

Pick your region to see the entity that would open your account.

Interactive Brokers (U.K.) Limited · FCA · 208159 · Max retail leverage 1:30 (major FX CFDs, retail: ESMA-style minimum initial margin 3.33%; 5% other pairs)

Interactive Brokers Ireland Limited · Central Bank of Ireland · C423427 · Max retail leverage Leverage limits per CBI CFD rules (Aug 2019) for retail; ESMA minimum margin 3.33% major FX (1:30) per CFD margin page

Interactive Brokers Australia Pty. Ltd. · ASIC · AFSL 453554 · Max retail leverage Not published

Our data (collected 19 Oct 2026) names no Interactive Brokers company for this region; check Interactive Brokers’s own site before you apply.

Check the register yourself

Open the regulator’s register, search the licence number and compare the firm name and website address with interactivebrokers.com. Clone firms copy real names and numbers.

Client money and compensation

Interactive Brokers (U.K.) Limited: Accounts cleared and carried by Interactive Brokers LLC (SIPC); products covered by UK FSCS only in limited circumstances. Interactive Brokers Ireland Limited: Irish Investor Compensation Scheme (ICS).

Commission accounts with a $0 published minimum

Brokers with a raw-spread commission account and no published minimum deposit, in the order of our costs score. IC Markets: conflicting sources, another of its pages states minimum deposit USD 200.

1
CMC Markets
7.9/10
Minimum deposit
£0
EUR/USD spread from
0.0 pips
Regulated by
FCA, FCA, BaFin, ASIC, FMA, MAS, CIRO, DFSA
Visit brokerUnpaid link
69% of retail investor accounts lose money when trading CFDs with this provider (CMC Markets UK plc).
2
OANDA
8.1/10
Minimum deposit
$0
EUR/USD spread from
0.0 pips
Regulated by
CFTC / NFA, FCA, KNF, ASIC, CIRO, MAS, JFSA, BVI FSC
Visit brokerUnpaid link
76.6% of retail investor accounts lose money when trading CFDs with this provider (OANDA Europe Limited).
Read review
3
IC Markets
8.1/10
Minimum deposit
$0
EUR/USD spread from
0.1 pips
Regulated by
ASIC, CySEC, FSA Seychelles, SCB
Visit brokerUnpaid link
73.46% of retail investor accounts lose money when trading CFDs with this provider (IC Markets (EU) Ltd).
Read review

Interactive Brokers fees: our verdict

6.2/10

IBKR’s model is transparent in principle (interbank price plus commission) but hard to check from the pages we collected: neither the commission rate nor a typical spread is in our data. The $0 minimum is clear. Before funding, open IBKR’s pricing page for your country and work out the cost of your usual trade size.

Choose it if

you trade shares and other assets as well as forex from one account, with 9 IBKR companies covering 8 markets
you want no minimum deposit: $0 on IBKR Pro and Lite

Look elsewhere if

you compare brokers by published EUR/USD spread per lot: IBKR publishes none
you want MT4, MT5 or cTrader: IBKR offers only its own platforms

Visit brokerUnpaid link

58.9% of retail investor accounts lose money when trading CFDs with this provider (Interactive Brokers (U.K.) Limited).

What changed

19 Oct 2026 Entities, costs and loss rates re-collected from Interactive Brokers’s own pages.

Risk warning:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

Low Spread Brokers does not give personal investment advice.

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FAQ

Interactive Brokers fees: questions

Short answers from Interactive Brokers’s published terms, collected up to 19 Oct 2026. Terms change: check Interactive Brokers’s own page before you trade.

Ask a question

We cannot give personal investment advice.

1What are Interactive Brokers’ fees for forex?

A commission per trade, expressed in basis points of the trade value, plus the interbank spread. Our data does not include the commission rate, so we show no per-lot figure; IBKR publishes it in its pricing terms.