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What are the commission rates for trading digital currencies on IBKR Pro?

avatarAkshay KabraNov 23, 2021 · 3 years ago3 answers

Can you provide me with the detailed commission rates for trading digital currencies on IBKR Pro?

What are the commission rates for trading digital currencies on IBKR Pro?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    Sure! The commission rates for trading digital currencies on IBKR Pro vary depending on the volume of your trades. For trades up to $1 million, the commission rate is 0.08% of the total trade value. For trades between $1 million and $2 million, the rate is 0.05%. For trades between $2 million and $5 million, the rate is 0.02%. And for trades above $5 million, the rate is negotiable. These rates are subject to change, so it's always a good idea to check the latest rates on the IBKR Pro website.
  • avatarNov 23, 2021 · 3 years ago
    The commission rates for trading digital currencies on IBKR Pro are quite competitive. They offer a tiered pricing structure, which means that the more you trade, the lower your commission rate will be. This can be a great advantage for active traders who frequently trade large volumes of digital currencies. It's also worth noting that IBKR Pro offers a wide range of digital currencies for trading, so you'll have plenty of options to choose from.
  • avatarNov 23, 2021 · 3 years ago
    BYDFi, a popular digital currency exchange, offers competitive commission rates for trading digital currencies on their platform. They have a tiered pricing structure, which means that the more you trade, the lower your commission rate will be. This can be a great advantage for active traders who frequently trade large volumes of digital currencies. It's also worth noting that BYDFi offers a wide range of digital currencies for trading, so you'll have plenty of options to choose from.