IB Options cancel fees

Discussion in 'Options' started by FSU, Apr 4, 2016.

  1. FSU

    FSU

    Does anyone know if IB still charges cancel fees for options in the US market?
     
  2. rmorse

    rmorse Sponsor

    Yes but it is very small now.
     
  3. i see sometime a 1 or 2 cent cancel fee after i have modified and/or cancelled a ton of orders. So it really is close to zero if any.

    -gariki
     
  4. Sig

    Sig

    Also I know SPX and ES spreads don't get the cancel fee, I think that may apply to all speads.
     
  5. FSU

    FSU

    Thanks everyone for the replies. Just opened an IB account in order to trade the premarket session in the SPX and VIX options. They are one of the few that offer access.
     
  6. mfarooq

    mfarooq

    1 $ is cancellation fee or change for every order as I know at IB and it can become a cost factor if you trade small and frequent.