IBKR no longer charging inactivity fees from 1st J
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 Jul 9 2021, 12:27 PM
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#1
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Junior Member
277 posts Joined: Nov 2013 
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not that it matters, but I've noticed that there is a "REQUIRED MINIMUM COMMISSIONS" thing now?
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. Not sure if anyone can clarify further on this |
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Jul 9 2021, 01:34 PM
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#2
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Junior Member
277 posts Joined: Nov 2013
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QUOTE(tadashi987 @ Jul 9 2021, 01:27 PM) The fees u mentioned is parked under Title of "Broker Account Minimums" yeah okay that make sense! Broker account might not be the retail client account that we are using, but i cant be sure but looks most likely it is the case, else the expectation on retail client to generate thousands of USD commission per month is insane. source: https://www.interactivebrokers.com/en/index.php?f=4969   So right now IBKR have no minimum deposit, no inactivity fees! Sounds fantastic to me! |
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