Required Minimums

Configuring Your Account

CONFIGURING YOUR ACCOUNT

Required Minimums

Client Accounts Client Accounts Advisor Accounts Advisor Accounts Broker Accounts Broker Accounts Proprietary Trading Accounts Proprietary Trading Accounts Enhanced Network Connections Enhanced Network Connections

Individual, Joint, Trust and Org Accounts

IBKR Account
Account Minimums USD 0.00
Inactivity Fees USD 0.00

Advisor, Family Advisor, Non-Professional Advisor, Family Office and Hedge Fund Investment Accounts

Account Structure Monthly Inactivity Fee
Master Account USD 0.00
Client Accounts USD 0.00

Broker Accounts

A USD 10,000 (or non-USD equivalent) up front deposit will be required that will be applied against commissions during the first 8 months.

Time Period Required Minimum Commissions Examples (USD or non-USD equivalent)
The first 8 months USD 10,000 (or non-USD equivalent) If total commissions paid during the first 8 months are less than the required minimum, the difference is paid as a maintenance fee.
Example: USD 10,000 minimum - USD 7,000 commissions = USD 3,000 maintenance fee.
Starting the 9th month USD 2,000 per month (or non-USD equivalent) If total commissions paid during any month after the first 8 months are less than the monthly minimum, the difference is paid as a maintenance fee.
Example: USD 2,000 minimum - USD 1,400 commissions = USD 600 maintenance fee.
Account Structure Monthly Inactivity Fee
Broker Client Accounts

USD 0.00 if aggregate broker client account commission exceeds total required commission (USD 1.00 multiplied by the number of broker client accounts).

If broker client account commissions do not exceed total required commission, a USD 1.00 inactivity fee will be applied on a prorated basis to accounts having a Net Liquidation Value of less than USD 1,000.00 and generated commission of less that USD 1.00.

Proprietary Trading Group Accounts

Category Minimum Required Deposit
Trading Group Masters USD 0.00

Enhanced Network Connections

Clients requiring any of the connections listed below are subject to the following minimum commissions:

VPN
Trader Workstation and TWS API REST API FIX CTCI
Not supported Not supported USD 1,500.00 per month minimum commission for the first FIX session;
USD 1,000.00 per month minimum commission for any subsequent FIX Session
Gateway (Internet)
Trader Workstation and TWS API REST API FIX CTCI
USD 0.00 per month minimum commission USD 0.00 per month minimum commission USD 1,500.00 per month minimum commission for the first FIX session;
USD 1,000.00 per month minimum commission for any subsequent FIX Session
OAuth (Internet)
Trader Workstation and TWS API REST API FIX CTCI
Not supported USD 0.00 per month minimum commission
(For FAs and Institutional Only)		 Not supported
Extranet (Radianz, TNS)
Trader Workstation and TWS API REST API FIX CTCI
USD 500.00 per month minimum commission USD 500.00 per month minimum commission USD 1,500.00 per month minimum commission for the first FIX session;
USD 1,000.00 per month minimum commission for any subsequent FIX Session
Dedicated Leased Line (Verizon, AT&T, etc.)
Trader Workstation and TWS API REST API FIX CTCI
USD 500.00 per month minimum commission USD 500.00 per month minimum commission USD 1,500.00 per month minimum commission for the first FIX session;
USD 1,000.00 per month minimum commission for any subsequent FIX Session
Cross-Connect
Trader Workstation and TWS API REST API FIX CTCI
USD 500.00 per month minimum commission USD 500.00 per month minimum commission USD 1,500.00 per month minimum commission for the first FIX session;
USD 1,000.00 per month minimum commission for any subsequent FIX Session

Notes:

  • Residents of Chicago, IL will be subject to a Chicago Personal Property Tax on special connectivity costs. For additional information, please visit our Knowledge Base.
  • Residents of Connecticut will be subject to a Connecticut Sales Tax on special connectivity costs. For additional information, please visit our Knowledge Base.

See the API Solutions for more details.

Disclosures

  • The non-USD equivalent for all USD values is also acceptable.