Why IBKR Lite

Why IBKR Lite

Low cost?
Try no cost.


Unlimited, commission-free trading on US exchange-listed stocks and Exchange Traded Funds, with no account minimums or inactivity fees.1

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Why IBKR Lite?

IBKR Lite is the hassle free way to trade in the US, India and other eligible countries.

We offer unlimited, commission-free trading on US exchange-listed stocks and ETFs,2 as well as low cost access to global markets without required account minimums or inactivity fees.

If that is not reason enough, we pay competitive interest on your idle cash balances, let you earn extra income in our Stock Yield Enhancement Program and offer low financing rates for borrowing against your account.
Start on the path to financial freedom with an IBKR Lite account.

Unlimited, Commission-Free Trading

IBKR Lite offers clients unlimited, commission-free trading on US listed stocks and ETFs, with low pricing on other products.3

No Account Minimums or Inactivity Fees

Whether you are new to investing or a seasoned investor, you shouldn’t have to pay your broker to hold your money. IBKR Lite Clients are not required to maintain account minimum balances and are not charged minimum activity fees.

Competitive Interest Rates

Earn competitive interest4 on the idle cash in your account and borrow against your account.

Simple to Use Trading Platforms

IBKR Lite Clients have access to Client Portal, our simple to use online account management and trading platform, and IBKR Mobile, our robust mobile trading app that gives you the freedom to trade your account on-the-go from the palm of your hand.

Earn Extra Income

IBKR Lite Clients can join our Stock Yield Enhancement Program. The Program lets IBKR borrow your fully paid stock in exchange for cash collateral. IBKR then loans the stock and shares half the interest earned with you. However, since it is your stock you can still trade your loaned stock with no restrictions.
IBKR Strength and Security

IBKR Financial Strength and Security

When choosing a broker, you need to be confident the broker is secure and can endure through the good times and bad.

Interactive Brokers Group has been in business for more than 40 years, is trusted by more than 650,000 clients and has consolidated equity capital in excess of USD 7.0 billion.5

Which Plan is Best for You?

IBKR Lite provides streamlined technology for market participants to enjoy unlimited, commission-free trading in US exchange-listed stocks and ETFs, low cost access to global markets and no account minimums and no inactivity fees.

OR

IBKR Pro is the traditional IBKR plan designed for sophisticated investors. IBKR Pro offers the lowest cost6 access to more than 125 markets in 31 countries with a full suite of premier trading technologies.

IBKR Lite / IBKR Pro Comparison Video

Frequently Asked Questions About IBKR Lite

In brief, IBKR Lite is an IBKR pricing plan that provides unlimited, commission-free trading in US listed stock and ETFs, low cost access to global markets, a simplified trading experience via Client Portal and IBKR Mobile, no account minimums and no inactivity fees.

In brief, IBKR Pro is the legacy IBKR pricing plan designed for the active trader and sophisticated investor.

The IBKR Pro plan provides lowest cost access to global markets, access to IB SmartRoutingSM and a full suite of premier trading technology.1

Individual, Joint, Trust and Retirement accounts are eligible for IBKR Lite. Accounts can choose cash or margin trading.

IBKR Lite will be offered to Individual, Joint, Trust or Retirement account holders:

  • In the United States
  • In India

The IBKR Lite pricing plan does not charge inactivity fees.

There is no account minimum for either IBKR Lite or IBKR Pro accounts.

Any Individual, Joint, Trust or Retirement account holder classified as IBKR Lite can request reclassification to IBKR Pro (or back to IBKR Lite) through Client Portal. Your first three requests for reclassification will be processed on the Friday following your request. After three reclassifications, subsequent reclassifications will be processed on a quarterly basis.

A limited number of order types and trading algorithms will be offered to clients on the IBKR Lite pricing plan. For more information please see: ibkr.com/liteinfo

IBKR Pro clients will have access to our full complement of order types and trading algorithms.

All sell orders are subject to small fees to offset the transactions fees imposed on the firm by regulators. For more information visit ibkr.com/commissions

Yes. The designation as a Professional or Non-Professional for market data purposes is based upon exchange definitions and has no bearing on the IBKR Lite pricing plan. An individual classified as a Professional for market data purposes is not precluded from maintaining an IBKR Lite account. Similarly, an individual classified as a Non-Professional for market data purposes is not precluded from maintaining an IBKR Pro account.

1. Rated Lowest Cost Broker by StockBrokers.com Annual Online Review 2019. Read the full review

Ranked #1 for Low Commission and Fees by Investors Business Daily, Best Online Stock Brokers 2019 Lists: Choose The Best Oline Broker For You, January 28, 2019. Read the full review

Margin borrowing is only for sophisticated investors with high risk tolerance.
You may lose more than your initial investment.
  1. All sell orders are subject to small fees to offset the transactions fees imposed by regulators on the firm. For more information, see ibkr.com/liteinfo
  2. The IBKR Lite pricing plan can only be applied to the following account types: Individual, Joint, Trust and IRA. While investment advisors cannot sign up for IBKR Lite, they are free to encourage their clients to do so if appropriate.
  3. IBKR Lite provides commission-free trades in US exchange-listed stocks and ETFs routed to select market makers. IBKR may charge non-commission related fees. Trades in non-exchange-listed US stocks (e.g., Pink sheet and OTCBB) are subject to IBKR’s standard commission scheduled. For more information, see ibkr.com/liteinfo
  4. Accounts with a NAV of less than USD 100,000 (or equivalent) will be paid at a rate proportional to accounts with a NAV of USD 100,000 (or equivalent) or more. The proportion is determined by the ratio of the account's NAV to USD 100,000 (or equivalent). The negative rate applied to accounts holding these currencies is the same regardless of account size.
  5. For more information on IBG’s financial strength, see ibkr.com/safety
  6. For more info, see ibkr.com/compare.
  • Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.