Does Interactive Brokers charge a fee when an ETF gets liquidated?

Discussion in 'Interactive Brokers' started by timothylee, Nov 11, 2022.

  1. If an ETF that I own is going to liquidate itself, is Interactive Brokers going to charge me a fee when the ETF gets liquidated? TD Ameritrade and E-Trade charge a $38 "mandatory reorganization fee" when a company or ETF is liquidated. Does Interactive Brokers charge a similar fee?
     
  2. maxinger

    maxinger

    As far as I know,
    nothing is free in this world
    (esp things from IB).

    And when people give you free things, better run away.
     
  3. TheDawn

    TheDawn

    This is a website that lists all of the brokers that charge a "reorganization fee" for corporate actions. https://www.brokerage-review.com/account-fee/reorganization/robinhood-reorganization-fee.aspx
    According to this website, IB actually does not charge such a fee.

    I cannot find it anywhere on its website under either "Other Fees" or "Commissions". https://www.interactivebrokers.com/en/pricing/other-fees-overview.php

    IB does give you a break on some fees but be aware it makes it up by charging you somehow somewhere.
     
    Last edited: Nov 11, 2022
  4. It’s free
     
  5. Yea never heard of it charging for that.