- Min. Commission Fee US Stocks
- US$0.0035
- Min. Commission Fee HK Stocks
- 0.015%
- Min. Funding
- HK$0
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Founded in 1993, Interactive Brokers (also known as IB) has been committed to providing an investment platform for investors to invest globally with low commissions and financing rates and the best price execution. It has been crowned as the Best Online Broker for four years in a row by Barron's, which is a testimonial of its outstanding service.
As the largest brokerage in the US, Interactive Brokers provides an integrated account for investors to buy stocks, options, futures, currencies, bonds and funds. If you are looking for an integrated platform to buy foreign shares, Interactive Brokers can be a good option. Rest assured that your investment through Interactive Brokers is protected as your IB account set up in Hong Kong is regulated by the Hong Kong Monetary Authority (HKMA).
For commissions, there are two types of pricing namely tiered and fixed at Interactive Brokers. Investors can choose the pricing that suits their investment strategy the most. Details are as follows:
Fees & Charges | HK Stocks | US Stocks |
---|---|---|
Maintenance fee (if account balance is less than the minimum requirement i.e. US$100,000) | US$10 | US$10 |
IPO Subscription Fee | • Brokerage Fee: 1% of any successful allocation of shares • Application Processing Fee: HK$100 | N/A |
Real-time Streaming Market Data Fee | Hong Kong Securities Exchange (Stocks, Warrants & Bonds) Depth of Book (L2): HK$ 200 | US Securities Snapshot and Futures Value Bundle: US$10 |
Wire Transfer | • Deposit Funds: 1% (Min.: US$50) • ACATS: Free |
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Withdrawal Fee | • 1 free withdrawal request per calendar month • After the first withdrawal, US$95 will be charged for each withdrawal. |
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Interactive Brokers vs TD Ameritrade | Interactive Brokers | TD Ameritrade |
---|---|---|
Suitable for | • Professional investors • Long-term investors | Investors with little funds |
Features | • Comprehensive portfolio analysis reports available • Low bid-ask spread | Low costs |
Products | Stocks, options, futures, currencies, bonds and funds around the world (Hong Kong stocks and US stocks included) | Hong Kong stocks, US stocks, ETF, options and futures |
Account Minimums | N/A | N/A |
Commissions | • US Stocks: US$ 0.35 per order (Max: 1% of trade value) • HK Stocks: 0.015% - 0.08% of trade value • Investors can choose between tiered or fixed pricing | Free (for international account) |
Account opening offers | • HK$600 Donki Vouchers • Free real-time streaming market data | Free real-time streaming market data |
Want to trade stocks, options, currencies all over the world like a pro? Open your Interactive Brokers account as the first step!
You can open an interactive brokers account online using your laptop or mobile phone. The entire process can be done online in 10 minutes or do. All you have to do is to enter your personal details and link it to your bank account, then you can start trading. Details are as follows:
Visit the IB website, and click sign up to begin the registering process. Then, choose your account type, before creating a username and password to set up an account.
Choose your place of residence
Verify your email address then login to your IB account
Enter your personal details and tax information
Confirm your trading options
Submit W-8BEN (if applicable)
Upload your proof of identity and address
Submit and wait for approval
Fund your account and start trading!