►$5,000 = Minimum initial deposit to open an account.
►$10 = Minimum brokerage fee per month
►y = Market data fees vary per exchange, refer to the following link for details -
http://www.interactivebrokers.com/en/accounts/fees/marketData.php?ib_entity=uk For example, US shares, futures and options exchanges would be billed at $10 per month, although if you do over $30 in commission per month we would waive the $10 fee.
► y = Brokerage fees vary per exchange. For example, all in: GBP 1.70 FTSE futures; USD 2.40 US E-mini S&P refer to the following link for more details
http://www.interactivebrokers.com/en/accounts/fees/commissionFutures-FOPs.php?ib_entity=uk
►We pay interest for deposits over $10,000.
►Our margin rates are professional, i.e., we ask basically the same as the exchanges ask thier professional members, refer to the following link for more details
http://www.interactivebrokers.com/en/trading/marginRequirements/margin_amer.php?ib_entity=uk
► For forex we do not get in the either side of the spread, rather the spread is provided by very large entities. Please review the following link for an independent comparison between IB IDEAL PRO forex spreads vs. other forex spreads
http://www.brokersmatrix.com/common/spreadtable.php
► We do ask a transparend brokerage fee for forex trades. For example, we ask 0.2 basis point x Trade Value; Minimum per order $2.50 or base currency.
► We are FSA regulated.
► We provide up to $30 million in account protection.
► We support over 40 order types.
► We provide free training demo's and Workshops in our London office.
We ask you to compare our services, technology and fees against other brokers before you buy. That is, if you find a better broker, with better technology and cheaper fees we suggest you take it; otherwise do not hesitate to contact our London office 020 7 776 7800 ext 1 so we can assist you in opening an account.
We wish you well!