Before applying

Three checks before choosing

Choose a country in Finder to check the entity and terms for that scope. Finder →

Request research

Requests help prioritize research; they do not change the published evidence.

No name or email required. A daily network identifier is used only to limit duplicate requests. Requests are not published.

Costs, platforms and protection first

Interactive Brokers

United Kingdom · Interactive Brokers (U.K.) Limited

Costs
Spot currency Tier I: 0.20 bp of trade value, minimum USD2/order.
Platforms
TWS, IBKR Desktop, Mobile, Client Portal and API.
Client protection
Retail CFD protections differ from margin liabilities on other products.
Sources and applicability

Public documents for the named entity/account. Confirm residence acceptance when applying.

Costs

Spot-currency pricing; not a blanket CFD or automatic-conversion rate.

Spot currencies — tiered commissions ↗ · 2026-09-29
Client protection

General terms provide for interest and repayment on negative cash balances.

Client terms — B3 / Schedule 1 ↗ · 2026-09-29

Terms for the named entities. Minimum spreads are not total costs or a cheapest-first ranking.

Interactive Brokers

  • Catalog records
Brand overview and official site
Official website snapshot
An official website snapshot is not on file for this broker.

Official website snapshot

File section · 04

Trading conditions

Advertised figures are published by the broker. Observed figures are FXVeritas measurements and are not currently monitored.

Platforms
Client Portal, IBKR Desktop, TWS, IBKR Mobile, IBKR GlobalTrader and APIs
Minimum deposit
USD 0
Base currencies
AED, AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, INR, ILS, JPY, MXN, NOK, NZD, PLN, SEK, SGD, ZAR, TRY and USD
Account types
Cash / Margin / SIPP / Portfolio Margin
Commission
Spot FX 0.08–0.20 basis point of trade value; USD 1–2 minimum per order

Not in file — Maximum leverage · Advertised minimum spread · Swap-free option · Copy trading

By account type

Cash

Not in file

Margin

Not in file

SIPP

Not in file

Portfolio Margin

Not in file

Funding and non-trading fees on file

  • Currency conversionAutomatic currency conversion · Typically 0.03% added to or subtracted from the exchange rateIBKR automatic currency-conversion serviceOfficial source
  • Inactivity feeUSD 0Standard IBKR UK client accountOfficial source

Known evidence gaps

These items remain unresolved after checking the cited official sources. Unknown does not mean unavailable.

Official evidence

Advertised figures are not observed spreads. Observed data is not currently monitored. Last checked: Aug 22, 2026, 02:15 UTC

Spread intelligenceSwap intelligence

Not monitored — No observed data. Not currently monitored.

Research changes

These are saved research additions, not dates when a regulator changed a licence. Previous source-check and import records remain in the audit archive.

  1. · Source check

    Interactive Brokers · Interactive Brokers (U.K.) Limited · costs source check

  2. · Source check

    Interactive Brokers · Interactive Brokers (U.K.) Limited · platforms source check

  3. · Source check

    Interactive Brokers · Interactive Brokers (U.K.) Limited · protection source check

View full research history →