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Interactive Brokers fees: the fine print
Broker · 7 of 8 facts found on official pages · every fact quoted and dated.
Full ACATS transfer-out fee
$0
"While IBKR does not charge for incoming or outgoing ACATS transfers"
Partial transfer-out fee
$0
"While IBKR does not charge for incoming or outgoing ACATS transfers"
Reverse split / mandatory reorg fee
$0
"All Other (Mandatory, Voluntary, With Options, etc) … Free"
Universal corporate-actions table; dissenter/appraisal rights requests are USD 500.
Fractional shares after a reverse split
Not published
We haven't found this on an official page yet.
Voluntary reorg / odd-lot tender fee
$0
"All Other (Mandatory, Voluntary, With Options, etc) … Free"
DRIP (auto dividend reinvestment)
Yes (commission applies)
"We offer a dividend reinvestment program whereby account holders may elect to reinvest qualifying cash dividends to purchase shares in the issuing company. … Yes. Dividend reinvestment is subject to a commission charge based on your account's pricing structure"
Dividends are skipped if the estimated commission is at least the dividend amount.
Fractional share trading
Yes
"Trade fractional shares globally."
Rate on uninvested cash
3.38%
"Clients with a NAV of more than USD 100,000 (or an equivalent value in other currencies) earn an annual rate of … 3.38% … on their USD cash balances above USD 10,000."
Nothing paid on the first $10,000; accounts under $100k NAV get a proportionally lower rate.
Questions
How much does Interactive Brokers charge to transfer an account out?
$0 for a full outgoing transfer; partial transfers: $0, per its official fee page.
Does Interactive Brokers charge a fee for reverse splits or mandatory reorganizations?
$0. Universal corporate-actions table; dissenter/appraisal rights requests are USD 500.
What does Interactive Brokers charge for tender offers and other voluntary corporate actions?
$0.