Are forex spreads low at Interactive Brokers?
Yes, forex spreads at Interactive Brokers are low. For example, the EURUSD spread is 0.1, which is considered low.
Check forex spreads at Interactive Brokers for major currency pairs:
| Currency pair | Spread | Low / Average / High |
|---|---|---|
| EURUSD | 0.1 | Low |
| GBPUSD | 0.3 | Low |
| AUDUSD | 0.1 | Low |
| EURCHF | 0.4 | Low |
| EURGBP | 0.2 | Low |
Spreads were collected on Nov 4, 2022.
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Is forex commission charged at Interactive Brokers?
Yes, Interactive Brokers charges commission for forex as per the following table.
| FX commission description | FX commission per 1 lot ($100k) | Low / Average / High |
|---|---|---|
| Trade value less than $1 billion: 0.2 bps * trade value; min. $2 | $2.00 | Low |
Interactive Brokers forex spreads
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For more details on Interactive Brokers, read our comprehensive Interactive Brokers review for 2023.
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