Required Minimums

 

Balance

The following minimums are required to open an account 1:


Category Required Deposit
All Individuals not listed below, Trading Group Masters, and Broker Masters USD10,000.00(or non-USD equivalent)
Indian residents 2 trading with an IB India account INR deposits only Equivalent to USD2,000.00
Indian residents 2 trading with an IBLLC-US account USD5,000.00(or non-USD equivalent)
IRAs 3 USD5,000.00(or non-USD equivalent)
Individuals age 21 or younger USD3,000.00(or non-USD equivalent)
Advisor and Broker Clients USD5,000.00(or non-USD equivalent)

 

Notes:
  • To Trade a margin account you must maintain at least USD 2,000 or non-USD equivalent. For details on margin requirements, see the Margin page.
  • Pattern Day Traders have higher minimum requirements, which are defined in the Day Trading section of margin requirements.


    •  
  • [1] Accounts that show no balance will be closed. To reactivate an account that has been closed for having no balance, a new account deposit of USD 10,000 or non-USD equivalent is required.
  • [2] Indian resident is an individual who resides in India for more than 182 days per year.
  • [3] Because of contribution limits, IRA accounts will only be required to deposit USD 5,000 in order to open a new account. In addition, US Regulators require USD 25,000 (or non-USD equivalent) to Day Trade stocks and options.

http://www.interactivebrokers.com/en/p.php?f=minimumDeposits&p=balance

 

Monthly Activity

As IB caters to active professional traders and investors, we require that each account generate a minimum of commissions per month. Accounts generating commissions less than the minimum as stated below in any given month will be assessed the difference as a monthly activity fee. Please note that the monthly activity fee is based on commissions only, and does not include fees related to third-party assessments such as market data subscriptions or order modification/cancellation fees.

In addition to monthly fee minimums, we pass through market data fees from the exchanges for any real-time market data service in which a customer subscribes. Customers choosing to subscribe to US non-professional real-time market data will have the USD 10 (or non-USD equivalent) monthly market data subscription fee waived if they spend USD 30 (or USD equivalent) or more in commission for the month.


Customer Type Activity Fee Minimum
All customers not listed below USD10.001(or non-USD equivalent)
Financial Advisor Client USD10.00(or non-USD equivalent)
Indian residents2 trading with an IB India account USD5.003(or non-USD equivalent)
Age 25 or under USD3.00(or non-USD equivalent)
Customer with equity balances < USD 2,000 (or USD equivalent) USD20.00(or non-USD equivalent)

 

Notes:
  • For the purpose of computing minimums for Advisors, Institutions, and Brokers, fees are considered on a consolidated basis. The number of accounts under an Advisor, Institution, and Broker structure are multiplied by the USD 10 minimum, and compared to the total commissions for all accounts. If the total commissions are greater than the minimum calculation, no activity minimum fee will be applied. If the total commissions are less than the minimum calculation, the minimum fee calculation will be applied to each individual account.

    As an example, I have one advisor master account and four client accounts. My minimum is five times USD 10, or USD 50. If all five accounts on a consolidated basis had commissions of USD 60, no minimum would be charged. If the consolidated commissions for all five accounts were USD 40, the USD 10/USD 20 minimum described in the Activity Fee Minimum column would be applied to each account (including advisor and master accounts).


    •  
  • [1] Waived for the first 3 full calendar months.
  • [2] Indian resident is an individual who resides in India for more than 182 days per year.
  • [3] Waived for the first 3 months.


http://www.interactivebrokers.com/en/p.php?f=minimumDeposits&p=act

Connection Minimums

Customers requiring any of the below connections are subject to the following connection minimums:


VPN
TWS API CTCI
USD150.00per month minimum VPN Not Supported via API USD150.00per month minimum + USD700.00one-time setup fee

Internet (Gateway Client for CTCI)
TWS API CTCI
USD10.00per month minimum (USD3.00for age 25 and under) USD10.00per month minimum (USD3.00for age 25 and under) USD100.00per month minimum + USD500.00one-time setup fee

Extranet (Radianz, TNS, Savvis)
TWS API CTCI
USD500.00per month minimum USD500.00per month minimum USD1,500.00per month minimum for first line; USD1,000.00per month minimum for any subsequent line(s)

Dedicated Leased Line (Verizon, AT&T, etc)
TWS API CTCI
USD500.00per month minimum USD500.00per month minimum USD1,500.00per month minimum for first line; USD1,000.00per month minimum for any subsequent line(s)

Notes:
  • Minimum fees may also be satisfied in a non-USD equivalent.


See the API Solutions Comparison for more details.


http://www.interactivebrokers.com/en/p.php?f=minimumDeposits&p=mins

 

Introducing Brokers Commission

A USD 10,000 (or non-USD equivalent) up front deposit will be required that will be applied against commissions during the first 5 months. At the beginning of the 6th month, any positive difference between the deposit and the first 5 months of commissions is taken as a commission minimum. Beginning in the 6th month, a regular commission minimum of USD 2,000 (or non-USD equivalent) per month will be applied against commissions, with any positive difference taken as a commission minimum.


http://www.interactivebrokers.com/en/p.php?f=minimumDeposits&p=broker