What are the fees and commissions for cryptocurrency trading on IBKR?

3 answers

• Dec 26, 2021 · 3 years ago
  When it comes to cryptocurrency trading on IBKR, there are a few fees and commissions to be aware of. Firstly, there is a commission fee of 0.08% of the trade value, with a minimum fee of $2.50 per order. Additionally, there may be exchange fees, which vary depending on the specific cryptocurrency being traded. These exchange fees are typically passed on to the trader and can range from a few cents to a few dollars per trade. It's important to note that these fees are subject to change and it's always a good idea to check the latest fee schedule on the IBKR website before making any trades.
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• Dec 26, 2021 · 3 years ago
  The fees and commissions for cryptocurrency trading on IBKR can vary depending on the specific cryptocurrency and trade value. Generally, there is a commission fee of 0.08% of the trade value, with a minimum fee of $2.50 per order. In addition to the commission fee, there may be exchange fees associated with the trade. These fees are typically passed on to the trader and can vary depending on the cryptocurrency being traded. It's important to carefully review the fee schedule provided by IBKR to understand the specific fees associated with your trades.
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• Dec 26, 2021 · 3 years ago
  As a representative of BYDFi, I can tell you that the fees and commissions for cryptocurrency trading on IBKR are competitive within the industry. IBKR charges a commission fee of 0.08% of the trade value, with a minimum fee of $2.50 per order. Additionally, there may be exchange fees associated with the trade, which vary depending on the specific cryptocurrency being traded. It's important to note that these fees are subject to change and it's always a good idea to check the latest fee schedule on the IBKR website for the most accurate and up-to-date information.
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