How IB commission is calculated for Standard accounts?
4XC
Last Update 6 buwan ang nakalipas
For clients with a Standard account type, the only fee charged is a spread markup, with no trade commission. This means that for every trade executed, a portion of the spread will go towards covering IB's costs. For example, if a client with a Standard account opens a 1 lot trade on the EURUSDxx forex instrument, they will incur a 1.0 pip spread, which amounts to 10 USD (in the quote currency). IB will earn 50% of this amount, or 5 USD. It is important to note that the spread markup can vary depending on the trading instrument and its specifications.