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Overall Rating
Interactive Brokers Interest Rates

Interactive Brokers Interest Rates

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Interactive Brokers is a global leader in online trading, offering clients the ability to trade stocks, options, futures, and more. In addition to its competitive trading fees, Interactive Brokers also offers clients the opportunity to earn interest on their uninvested cash balances. Clients may earn up to USD 4.08% on their uninvested cash balances held in the securities segment of an account.

Interactive brokers interest rates

How Much Interest is Your Broker Paying You?

When comparing brokers, it's important to consider not only the trading fees but also the interest rates they offer on uninvested cash balances. Below is a comparison of interest rates offered by different brokers:

Broker Interest Rate
Interactive Brokers 4.08%
E-Trade 0.01%
Fidelity 2.32%
Schwab 0.45%
TD Ameritrade 0.35%

As you can see from this comparison, Interactive Brokers offers one of the highest interest rates available for uninvested cash balances among major brokers in the US market.

FAQs

What is the minimum amount required to earn full interest rate?

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.

Does Interactive Brokers pay interest on commodities segment?

No, Interactive Brokers does not pay interest on cash held in commodities segment accounts; however it does pay interest on long-settled cash balances held in securities segment accounts.

What other services does Interactive Brokers provide?

In addition to offering competitive trading fees and high-interest rates on uninvested cash balances, Interactive Brokers also provides clients with access to global markets and advanced tools for portfolio management and risk management such as real-time margin monitoring and portfolio analysis tools. It also offers a wide range of products including stocks, options, futures and more across multiple asset classes including equities, fixed income securities and derivatives instruments such as options and futures contracts.

Conclusion

Interactive Brokers offers one of the highest interest rates available for uninvested cash balances among major brokers in the US market - up to 4.08%. In addition to offering competitive trading fees and high-interest rates on uninvested cash balances, Interactive Brokers also provides clients with access to global markets and advanced tools for portfolio management and risk management such as real-time margin monitoring and portfolio analysis tools.

Overview

Company
9/10
Trust
9/10
Trading Platform
9/10
Account Types
9/10
Costs
8/10
Customer Support
9/10
Regulation
9/10
Cryptocurrency
6/10

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