Which Plan is Best for You?

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Features	IBKR LITE	IBKR PRO
Commissions:
US Exchange-Listed Stocks / ETFs	Commission-free1, 13	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
Forex	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	Up to USD 10 per month (less commission paid that month)
Interest Paid on Idle 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:
Retail Investors5
Institutional Accounts6
Advisors7,8
Introducing Brokers9,10,11
Account Features:
Stock Yield Enhancement Program
FDIC Promontory Program
Market Data - US Listed Stock/ETFs	Free non-consolidated, real-time streaming data* for primary exchanges.	Low-cost data bundles and a la carte subscriptions available.
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 Hours12	07:00 - 20:00	04:00 - 20:00
Trading Technology:
Client Portal
IBKR Mobile
IBot
Trader Workstation (TWS)	**
IBKR Web Trader
IBKR APIs
Algos	†
Condition Orders & Advanced Order Types
Paper Trading
Mutual Fund / ETF Replicator
Risk NavigatorSM
Back Testing

= 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 ibkr.com/interest for details.
• For more information, see ibkr.com/interest
• Retail Investors includes individuals, joint, UGMA/UTMA, retirement and trust accounts.
  • 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, non-registered financial advisors, and Friends and Family advisors.
• To be eligible for IBKR Lite, advisors must be US domiciled and must have:
  • Less than 15% of client accounts outside the US
  • Less than 15% of client equity outside the US
  • Less than 15% of client accounts as organization accounts
  • No client accounts from Israel
  • No partitioned client accounts
  • No Separate Trading Limits (Proprietary Trading) accounts
• Introducing Brokers includes all Fully Disclosed and Non Disclosed accounts.
• Introducing Brokers require special approval from IBKR before opening an IBKR Lite account. Introducing Brokers cannot have both IBKR Lite and IBKR Pro clients under the same account structure. Separate accounts structures are required to facilitate.
• Introducing Brokers on the IBKR Lite plan cannot support the follow ing type of client sub accounts:
  • Israel is the country of legal residence of the account holder
  • Partitioned client accounts
  • Three-tier hierarchies (no advisor or STL proprietary trading accounts)
  • OMS clients
• Regular trading hours for IBKR Lite and IBKR Pro are 09:30 - 16:00
• OnClose or OnOpen US listed stock orders are free for IBKR Lite clients so long as the order does not exceed 10% of an account's monthly US stock trading volume, otherwise your account will be charged USD 0.005 per share.

• * Excludes pink sheet data.
• **Trader Workstation (TWS) is not available to IBKR Lite Broker Clients.
• † 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.