Commission Markups

Brokers have the ability to charge their clients for services rendered based on a fee-per-trade unit for each asset class (e.g. stocks, options, etc.), exchange and currency. The trade unit is determined by the unit Interactive Brokers uses for its commissions charges and can be on a per share, per contract, or % of trade value basis. To specify the commission markups, please take the steps outlined below.

  1. Click Menu in the top left corner > Administration & Tools > Fees & Invoicing > Fees
  2. The display selector will open on the right hand side.
    • To sort the list by any column heading, click the arrow next to that heading.

  3. Select an account you'd like to charge a markup to.
  4. Select if you'd like to use a Client Fee Template
  5. Select the Fee Strategy from the drop-down menu

  6. Select the Fee Per Trade Unit check box and select the products you would like to charge a markup on.

    After selecting the product listed in the below screenshot, an additional pop-up menu may appear allowing you to select the Currency, Exchange, and Product (Ticker Symbol).

    Note: When making the selections for Currency, Exchanges, and Product, please be aware that the Products field supersedes the Exchange field, while the Exchange field supersedes the Currency field.

    Note: When charging a markup on FX products, the commission is based on the second currency in the FX pair. For example, if a client trades in EUR.USD, the markup is based on the USD and not the EUR.

  7. Press Continue

  8. Configure the specific trade unit fees. For more information on this, please click here.

    Note: You may select your Unit to be based on Shares or Percent. If percent was selected in the Unit column, then the % of notional trade value will be used as the trade unit instead of shares. For example, a broker enters 0.15 into the Absolute Markup column for USD stocks and selects % units. This indicates the broker would like to markup 0.15% of the trade value on top of IBKR’s commissions.
    The minimum column will still be entered as a dollar amount when the Unit is based on a percent.
    The Fee # and Volume columns are per trade tier (not per month).

  9. Press Continue to review and Save.

For more information on commission markups, please click here.