common-close-0
BYDFi
Trade wherever you are!

What are the fees for trading cryptocurrencies on Interactive Brokers?

avatarTamzaiti MohamedDec 25, 2021 · 3 years ago1 answers

Can you provide a detailed explanation of the fees associated with trading cryptocurrencies on Interactive Brokers? I'm interested in knowing the different types of fees, such as trading fees, withdrawal fees, and any other fees that may apply. Additionally, I would like to understand if there are any discounts or promotions available for frequent traders or high-volume traders.

What are the fees for trading cryptocurrencies on Interactive Brokers?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    As an expert in the field, I can tell you that trading cryptocurrencies on Interactive Brokers incurs certain fees. These fees include trading fees, which are typically a percentage of the trade value, and withdrawal fees, if you decide to transfer your cryptocurrencies out of the platform. The specific fees can vary depending on the cryptocurrency you are trading and the volume of your trades. It's important to note that Interactive Brokers may offer discounts or promotions for frequent traders or high-volume traders. To get the most accurate and up-to-date information on fees and any available discounts, I recommend visiting the Interactive Brokers website or contacting their customer support.