Overview
- US Markets are charged a low, fixed rate commission plus exchange, regulatory and clearing fees
- Non-US Markets are charged a single flat rate per contract or percent of trade value, including all commissions, exchange, regulatory, clearing and overnight position fees
North America
Our transparent Fixed pricing for futures in US markets includes our low broker commission plus exchange, regulatory and clearing fees. You are not charged a overnight position fee for positions held overnight.1
United States
| Commission per Contract | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| USD | EUR | GBP | CAD | CHF | HKD | AUD | SEK | SGD | JPY | CNH | |
| US-Future and Future Options | 2.55 | 1.625 | 1.50 | 1.70 | 2.85 | 14.00 | 2.85 | 13.00 | 2.40 | 340 | 16.50 |
| NYBOT Russell 1000 and 2000 Index | 1.35 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Globex e-mini FX Futures | 1.50 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Globex e-micro FX Futures | 0.45 | N/A | N/A | 0.30 | 0.45 | N/A | N/A | N/A | N/A | 60 | 3.00 |
| CFE Bitcoin – GXBT | 15.00 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| CME Bitcoin – BRR | 30.00 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| CME: MES, MNQ, M2K CBOT: MYM NYMEX: MGC, SIL |
0.75 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
United States – Exchange and Regulatory Fees4
| CBOT | CFE | CME (Electronic-Globex) |
| ICE US | NFX | NYBOT |
| NYMEX | NYSE LIFFE |
Canada
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| All | CAD 4.80 | CAD 4.80 |
Example1 Roundturn = CAD 9.60 |
||
Mexico
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| Forex Futures (USD) | MXN 40.00 | MXN 40.00 |
| AMXL, CEMEXCPO, FEMSAUBD, GCARSOA1, TELMEXL, Forex Futures (EUR) | MXN 50.00 | MXN 50.00 |
| BONO3, IPC Options | MXN 80.00 | MXN 80.00 |
| IPC, BONO10 | MXN 100.00 | MXN 100.00 |
ExampleForex Futures (USD): AMXL, CEMEXCPO, FEMSAUBD, GCARSOA1, TELMEXL, Forex Futures (EUR): BONO3, IPC Options: PC, BONO10: |
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Europe
Our Fixed pricing for futures in non-US markets charges a single flat rate per contract or percent of trade value, including all commissions, exchange, regulatory, clearing and overnight position fees.
Belgium
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| All | EUR 9.00 | EUR 9.00 |
Example1 Roundturn = EUR 18.00 |
||
France
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| Mini-CAC40 Futures | EUR 0.80 | EUR 0.80 |
| All Other | EUR 4.00 | EUR 4.00 |
Example1 Roundturn = EUR 8.00 |
||
Germany
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| All (including SSF) | EUR 4.00 | EUR 4.00 |
| Mini-DAX Index | EUR 1.60 | EUR 1.60 |
Example1 Roundturn = EUR 8.00 |
||
Italy
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| SPMIB30, MFIB | EUR 6.00 | EUR 6.00 |
| Mini MFIB30 | EUR 4.00 | EUR 4.00 |
ExampleSPMIB30, MFIB: Mini MFIB30: |
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Netherlands
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| Mini-AEX Futures | EUR 1.10 | EUR 1.10 |
| Index Futures | EUR 5.60 | EUR 5.60 |
| Single Stock Futures | EUR 4.00 | EUR 4.00 |
| All Other Futures | EUR 6.00 | EUR 6.00 |
ExampleIndex Futures |
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Norway
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| Index Futures | NOK 24.00 | NOK 24.00 |
| Stock Futures | 0.10% of Trade Value | N/A |
Example1 Index Futures Roundturn = NOK 48.00 |
||
Spain
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| IBEX35 | EUR 6.00 | EUR 6.00 |
| Mini IBEX35 Futures | EUR 1.80 | EUR 1.80 |
| Mini IBEX35 Options | EUR 1.60 | EUR 1.60 |
| Single Stock Futures | EUR 4.00 | EUR 4.00 |
ExampleIBEX35: Mini IBEX35 Futures: Mini IBEX35 Options: Single Stock Futures: |
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Sweden
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| All not listed below | SEK 40.00 | SEK 40.00 |
| Index Futures | SEK 24.00 | SEK 24.00 |
| Stock Futures | 0.10% of Trade Value | N/A |
Example1 Roundturn = SEK 80.00 |
||
Switzerland
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| All (including SSF) | CHF 8.00 | CHF 8.00 |
Example1 Roundturn = CHF 16.00 |
||
United Kingdom
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| All not listed below | GBP 3.40 | GBP 3.40 |
| CHF-denominated not listed below | CHF 5.00 | CHF 5.00 |
| EUR-denominated not listed below | EUR 4.00 | EUR 4.00 |
| LIFFE Coffee and Sugar | USD 9.30 | USD 9.30 |
| Intercontinental Exchange (USD Denominated Contracts) | USD 7.20 | USD 7.20 |
| LME OTC Lookalike Platform: AH, CA, ZSLME, PB | USD 21.90 | USD 21.90 |
| LME OTC Lookalike Platform: NI | USD 21.15 | USD 21.15 |
| LME OTC Lookalike Platform: SNLME | USD 18.15 | USD 18.15 |
| Single Stock Futures (GBP Denominated Contracts) | GBP 3.40 | GBP 3.40 |
| Single Stock Futures (USD Denominated Contracts) | USD 8.25 | USD 8.25 |
| Single Stock Futures (EUR Denominated Contracts) | EUR 5.00 | EUR 5.00 |
| Single Stock Futures (CHF Denominated Contracts) | CHF 7.50 | CHF 7.50 |
| IPE – UCA, UCX, NCF, RDAM | USD 29.25 | USD 29.25 |
| IPE – Emissions Contracts | EUR 12.00 | EUR 12.00 |
ExampleAll Not Listed Below: LIFFE Coffee and Sugar: Intercontinental Exchange (USD Denominated Contracts): Single Stock Futures (GBP Denominated Contracts): Single Stock Futures (USD Denominated Contracts): Single Stock Futures (EUR Denominated Contracts): Single Stock Futures (CHF Denominated Contracts): LME OTC Lookalike Platform SNLME: |
||
Asia-Pacific
Our Fixed pricing for futures in non-US markets charges a single flat rate per contract or percent of trade value, including all commissions, exchange, regulatory, clearing and overnight position fees.
Australia
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| VW, WH and BA | AUD 12.50 | AUD 12.50 |
| SPI – Mini Futures | AUD 2.00 | AUD 2.00 |
| All Other | AUD 10.00 | AUD 10.00 |
Example1 Roundturn = AUD 20.00 |
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Hong Kong
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| HSI, CHH, CES120 | HKD 60.00 | HKD 60.00 |
| MHI | HKD 34.00 | HKD 34.00 |
| HFI.HK, HHI, MCH | HKD 40.00 | HKD 40.00 |
| CNH – Denominated | CNH 26.00 | CNH 26.00 |
| USD – Denominated | USD 7.20 | USD 7.20 |
| Single Stock Futures | HKD 40.00 | HKD 40.00 |
ExampleHSI: MHI: HFI.HK, HHI, MCH: Single Stock Futures: |
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India
Securities Transaction Tax, Exchange Charges, and GST
| Product | Standard | Minimum | Maximum |
|---|---|---|---|
| Futures3 | 1 bps | INR 6 | INR 205 |
Japan
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| JGB and all products not listed below | JPY 1000 | JPY 1000 |
| TOPX, NKVI, N225 (futures) | JPY 800 | JPY 800 |
| N225 Mini (futures) | JPY 80 | JPY 80 |
| MNTPX, TPXC30, TSEREIT, JPNK400, TSEMOTHR | JPY 100 | JPY 100 |
| MJ | JPY 170 | JPY 170 |
ExampleAll Products Not Listed Below: JGB: N225 Mini: MNTPX: MJ: |
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Singapore
| Commissions per Contract | Minimum per Order | |
|---|---|---|
| SSG | SGD 8.00 | SGD 8.00 |
| US | SGD 7.20 | SGD 7.20 |
| SEY and all JPY products not listed below | JPY 600 | JPY 600 |
| UJ | JPY 720 | JPY 720 |
| AJ and KJ | JPY 570 | JPY 570 |
| SGXNK (NIY on SGXCME) (futures only) | JPY 450 | JPY 450 |
| SGXNKM | JPY 100 | JPY 100 |
| SGB | JPY 170 | JPY 170 |
| CN (XINA50 China Index Futures) | USD 8.55 | USD 8.55 |
| SCI future (Iron Ore) | USD 9.75 | USD 9.75 |
| TH | USD 6.75 | USD 6.75 |
| MD | USD 9.75 | USD 9.75 |
| CY | USD 5.40 | USD 5.40 |
| USD-denominated products not listed above | USD 8.55 | USD 8.55 |
| UC | CNH 22.40 | CNH 22.40 |
ExampleSSG: SEY: SGXNKM : |
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South Korea
| Commissions | Minimum per Order | |
|---|---|---|
| All not listed below | 0.008% of Trade Value | N/A |
| Stock futures | 0.08% of Trade Value | N/A |
| KWY futures | 3,000 per contract | N/A |
Example1 Roundturn = 2 Contracts @ KRW 400 (500,000 Multiplier) = 200,000,000 x 0.008% = KRW 16,000 |
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- Euro Pacific’s Tiered commission models are not intended to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in Euro Pacific’s Tiered commission schedule may be greater than the costs paid by Euro Pacific to the relevant exchange, regulator, clearinghouse or third party. For example, Euro Pacific may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by Euro Pacific may be less than the rebates Euro Pacific receives from the relevant market. For example, Euro Pacific may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients.
- Volume tiers are applied based on monthly cumulative trade volume summed across all futures and futures options contracts at the time of the trade. Only contracts that are traded while under the Volume Tiered pricing structure will count towards the monthly volume. Contract volumes for advisor, institutions, and broker accounts are summed across all accounts for the purpose of determining volume breaks. These fees are applied on a marginal basis for a given calendar month. If for example, you execute 1,500 US contracts in a month, your Euro Pacific execution costs would be: 1,000 contracts at USD 0.60 and 500 contracts at USD 0.45
- For first 100 lots. Portion of order above 100 lots will be charged at INR 5 per lot.
- Non-member exchange and regulatory fees are applied, unless a client is pre-qualified by Euro Pacific. Contact Sales & Trading for more information.
- The maximum per order for NRIs will be INR 150.
- Commissions apply to all order types.
- All fees are charged in the currency of the traded product.
- VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
- Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
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Effective March 1, 2013, certain Italian stocks will be subject to a transaction tax. For additional details regarding the calculation of the tax, please refer here.
- Effective September 1, 2013, derivatives on those Italian securities subject to the transaction tax will similarly become subject to a transaction tax. For additional details regarding the derivative transaction tax, please refer here.
- The standard commission will be charged for the exercise or assignment of any Futures or Future Options Contract.
- Single Stock Futures are not available for volume tiered pricing.
Euro Pacific Trader is offered by Euro Pacific Securities Inc. (“Euro Pacific Securities”), as an Introducing Broker to Interactive Brokers LLC. Interactive Brokers LLC is the custodian, technology provider, and clearing broker to all transactions executed through Euro Pacific Trader and thus the rates, conditions, and examples shown on this site may be subject to change and differ from what is displayed on Euro Pacific Trader. The rates, conditions, and examples on this site are provided on a best-efforts basis and should not be taken as final.
Euro Pacific Securities will not be held responsible for pricing and conditional discrepancies that may arise in the normal course of offering Euro Pacific Trader. Customers should always review and rely on the conditions that are shown directly on Euro Pacific Trader, and it is the responsibility of all customers to carefully review the conditions of every action before approving execution on Euro Pacific Trader.
Interactive Brokers LLC is a registered Broker-Dealer, Futures Commission Merchant and Forex Dealer Member, regulated by the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA), and is a member of the Financial Industry Regulatory Authority (FINRA) and several other self-regulatory organizations. Interactive Brokers LLC does not endorse or recommend any introducing brokers, third-party financial advisors or hedge funds, including Euro Pacific Securities. Interactive Brokers LLC provides execution and clearing services to customers. None of the information contained herein constitutes a recommendation, offer, or solicitation of an offer by Interactive Brokers LLC to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy. Interactive Brokers LLC makes no representation, and assumes no liability to the accuracy or completeness of the information provided on this website.For more information regarding Interactive Brokers, please visit www.interactivebrokers.com.