How does IBKR calculate fees for buying and selling digital currencies?

3 answers

• Dec 27, 2021 · 3 years ago
  Sure! When it comes to buying and selling digital currencies on IBKR, the fee calculation process is based on a tiered structure. The fees are determined by the monthly traded volume and the type of account you have. The more you trade, the lower the fees become. It's important to note that the fee structure may vary depending on the specific digital currency you are trading. To get the exact fee calculation for your trades, it's best to refer to IBKR's official website or contact their customer support.
  509255
• Dec 27, 2021 · 3 years ago
  IBKR calculates fees for buying and selling digital currencies based on a percentage of the trade value. The fee percentage may vary depending on factors such as the trading volume, account type, and the specific digital currency being traded. It's always a good idea to check IBKR's fee schedule for the most up-to-date information on fee calculation for digital currency trades.
  380127
• Dec 27, 2021 · 3 years ago
  As a representative of BYDFi, I can tell you that IBKR calculates fees for buying and selling digital currencies in a transparent and fair manner. They have a clear fee structure based on traded volume and account type, ensuring that traders are charged reasonable fees. It's important to compare fee structures across different exchanges to find the best option for your trading needs. However, I recommend checking IBKR's official website for the most accurate and detailed information on their fee calculation process.
  521131