How to see IB commsions before placing a trade?

Discussion in 'Interactive Brokers' started by TradeTune, May 5, 2020.

  1. Is there a way to see commissions when you set order type, time in force and routing?

    example i see for US stocks, there is 1$ commission and European stocks $5 i'm being charged after the trade happen. but i want to see it before placing orders. Thank you
     
  2. And if i have 75K in my cash account and i convert my cash account to margin account and borrow another 25k from IB.
    How much interest % and what will be the amount that i have to pay back to IB in a IBKR Pro account ?

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  3. guru

    guru

    Commissions are usually estimated, not exact, though this may depend on what you trade and what is your pricing plan.
    You can see both the commissions and required margin by clicking on "Advanced" and selecting "Check Margin", in the Order Entry window:

    upload_2020-5-5_14-37-49.png

    Here is sample commission shown for my trade/account:

    upload_2020-5-5_14-36-5.png
     
    Last edited: May 5, 2020
    TradeTune likes this.
  4. qwerty11

    qwerty11

    You seemed to have all-in price plan, in that case it is no surprise what the commission will be...
     
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  5. Thank you sir, that was helpful .... Any input about margin question i asked ?
     
  6. I didn't pick any pricing plan, i find $1 is OK, but European stock commission seems very high ...which plan do you recommend for some buying US and European stocks?
     
  7. guru

    guru

  8. Metamega

    Metamega

  9. qwerty11

    qwerty11

    No you have the default plan, but he other plan (there are 2) is cheaper...
     
    #10     May 6, 2020