Interactive Brokers Cost Effective Options Trading

Interactive brokers cost effective options trading

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Interest Paid on Idle Cash Balances

Client accounts are eligible to receive credit interest on long settled cash balances in their securities accounts.

Accounts with a Net Asset Value (NAV) of USD 100,000 (or equivalent) or more are paid interest at the full rate for which they are eligible.

Accounts with NAV of less than USD 100,000 (or equivalent) receive interest at rates proportional to the size of the account.

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For example, an account with a NAV of USD 50,000 earns credit interest at a rate equal to one-half the rate paid by IBKR to accounts with a NAV of USD 100,000 or more.

Interest accrues and is payable on a daily basis. IBKR posts the interest payments on a monthly basis on the third business day of the following month.

IBKR uses a blended rate based on the tiers outlined in the table below.

Interactive brokers cost effective options trading

The tiers on which interest rates are based are subject to change without prior notification.

For balances held in CHF, DKK, EUR, JPY or SEK, IBKR currently applies an effective negative rate to long balances held. The negative rate applied to accounts holding these currencies is the same regardless of account size.

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For other currencies in which the benchmark rate plus the interest rate paid is less than zero, the interest paid is 0%.

Higher Interest Rates for Large Cash Balances

We pay interest to clients for credit balances, based upon rates available in the interbank deposit market.

For those clients that hold large cash balances in multiple currencies, we offer the ability to take advantage of the Forex Swaps market to potentially earn higher rates. This program is not designed for and would not benefit any client who holds a single-currency long balance.

The mechanics behind this program involve the buying of a currency for settlement one day out and the selling of the same currency two days out, the difference in value between the two settlement dates being the interest earned.

Interactive brokers cost effective options trading

We automatically keep rolling the swaps until you no longer meet the minimum balance criteria, or you instruct us to halt the program. You must have at least USD $10 million in cash, and US residents must be Eligible Contract Participants (ECP) to enroll in the program.

Interactive brokers cost effective options trading

For more information please contact our swaps desk at [email protected] or refer to our Knowledge Base.


Interest Paid to You on Positive (Credit) Cash Balances View Examples



Compare - IBKR Pro vs IBKR Lite

IBKR Pro

IBKR Lite

Your Net Asset Value in USD
Your NAV Adjusted blended rate for

The interest calculator is based on information that we believe to be accurate and correct, but neither Interactive Brokers LLC nor its affiliates warrant its accuracy or adequacy and it should not be relied upon as such.

Neither IBKR nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this calculator.



BM = Benchmark Rate
CurrencyTierRate Paid: IBKR ProRate Paid: IBKR Lite
USD0 - 10,0000%0%
10,000.01 +1.04% (BM - 0.5%)0.04% (BM - 1.5%)
AUD0 - 14,0000%0%
14,000.01 - 140,0000.548% (BM - 0.5%)0% (BM - 1.5%)
140,000.01 +0.798% (BM - 0.25%)0% (BM - 1.5%)
CAD0 - 14,0000%0%
14,000.01 +1.398% (BM - 0.5%)0.398% (BM - 1.5%)
CHF0 - 100,0000%0%
100,000.01 +-1.126% (BM - 0.25%)-2.126% (BM - 1.25%)
CNHAll0%0%
CZK0 - 2,500,0000%0%
2,500,000.01 +1.452% (BM - 0.25%)0.452% (BM - 1.25%)
DKK0 - 700,0000%0%
700,000.01 +-1.193% (BM - 0.25%)-2.193% (BM - 1.25%)
EUR0 - 100,0000%0%
100,000.01 +-0.875% (BM - 0.25%)-1.875% (BM - 1.25%)
GBP0 - 8,0000%0%
8,000.01 +0.093% (BM - 0.5%)0% (BM - 1.5%)
HKD0 - 78,0000%0%
78,000.01 +1.111% (BM - 0.75%)0.111% (BM - 1.75%)
HUF0 - 2,800,0000%0%
2,800,000.01 +0% (BM - 3%)0% (BM - 4%)
ILSAll0%0%
INRAll0%0%
JPY0 - 11,000,0000%0%
11,000,000.01 +-0.859% (BM - 0.25%)-1.859% (BM - 1.25%)
KRW 0 - 12,000,0000%0%
12,000,000.01 +0% (BM - 1.5%)0% (BM - 2.5%)
MXN0 - 190,0000%0%
190,000.01 +2.539% (BM - 4%)1.539% (BM - 5%)
NOK0 - 85,0000%0%
85,000.01 +0% (BM - 2.5%)0% (BM - 3.5%)
NZD0 - 15,0000%0%
15,000.01 +0% (BM - 2.5%)0% (BM - 3.5%)
PLN0 - 400,0000%0%
400,000.01 +0% (BM - 2%)0% (BM - 3%)
RUB0 - 700,0000%0%
700,000.01 +0.982% (BM - 5%)0% (BM - 6%)
SEK0 - 850,0000%0%
850,000.01 +-0.432% (BM - 0.25%)-1.432% (BM - 1.25%)
SGD0 - 15,0000%0%
15,000.01 +0.436% (BM - 1%)0% (BM - 2%)
TRY0 - 60,0000%0%
60,000.01 +5%4%
ZAR0 - 150,0000%0%
150,000.01 +5.62% (BM - 1%)4.62% (BM - 2%)

Interactive brokers cost effective options trading