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Advisor/IBroker Allocation Minimums

US flag United States - Trade Allocation Minimum Commissions

Stocks - Tiered Commissions

We charge a minimum fee for US stock trades allocated by Advisors or Brokers to their clients. By default, the allocation minimum is charged to the client account unless there is a specific rate arrangement between the client and the master account. Advisors can elect to charge the allocation minimum fee to their master account.

Minimum Trade Allocation Fees Minimum (trade value * 0.0005, USD 0.35)

100 Shares executed at a price of USD 10.00 allocated to two accounts (50/50):
Allocation Size = 50
Trade Value = USD 500
Minimum (500 * 0.0005, USD 0.35) = Minimum (0.25, 0.35)
New Tiered Commisions Per Allocation = 0.25

50 Shares executed at a price of USD 100.55 allocated to two accounts (30/20):
30 Share Allocation Trade Value = USD 3016.50
Minimum (3016.50 * 0.0005, USD 0.35) = Minimum (1.50, 0.35)
New Tiered Commission for 30 Share Allocation = USD 0.35

20 Share Allocation Trade Value = USD 2011
Minimum (2011 * 0.0005, USD 0.35) = Minimum (1, 0.35)
New Tiered Commission for 20 Share Allocation = 0.35

Stocks - Fixed Commissions

We charge a minimum fee for US stock trades allocated by Advisors or Brokers to their clients. By default, the allocation minimum is charged to the client account unless there is a specific rate arrangement between the client and the master account. Advisors can elect to charge the allocation minimum fee to their master account.

US Stocks Minimum (trade value * 0.0005, USD 1)

100 Shares executed at a price of USD 100.00 allocated to two accounts (50/50):
Allocation Size = 50
Trade Value Per Allocation = USD 5,000
Minimum (5000 * 0.0005, USD 1) = Minimum (2.5, 1)
New Total Fixed Commission Per Allocation = 1.00

100 Shares executed at a price of USD 24.00 allocated to two accounts (50/50):
Allocation Size = 50
Trade Value Per Allocation = USD 1200
Minimum (1200 * 0.0005, USD 1) = (0.6, 1)
New Total Fixed Commission Per Allocation = 0.60

Notes:

  • There is no allocation minimum for IBKR Lite.