If you are an institution, click below to learn more about our offerings for RIAs, Hedge Funds, Compliance Officers and more.

Advisors: Seize the day.
Offer your clients crypto.

IBKR Advantage

  • Low commissions – 0.12% to 0.18% of trade value1 with no added spreads, markups or custody fees
  • Seamlessly access crypto markets through IBKR's professional grade desktop platform and intuitive mobile and web platforms
  • Cryptocurrency trade execution and custody are provided by Paxos Trust Company
  • Trade stocks, options, futures, spot currencies, bonds, funds and more from a single integrated platform at IBKR
  • Cryptocurrency futures also available on the same platform
  • IBKR Rated #1 Best Online Broker – 5 out of 5 stars by Barron’s 20212
Cryptocurrencies
The Future is Now

The Future is Now

If your clients haven’t started asking you to add cryptocurrencies to their portfolio allocations it’s likely that they will soon. At Interactive Brokers we’ve made it easy to trade crypto on our platform at low cost, alongside stocks, options, futures, currencies, bonds and funds. Trade execution and custody for cryptocurrencies are provided by Paxos Trust Company.

Low, Transparent Pricing

Low Commissions on
Bitcoin, Bitcoin Cash, Ethereum and Litecoin

0.12% to 0.18% of Trade Value1

with No Added Spreads, Markups or Custody Fees

While other crypto exchanges and brokers charge trading fees as high as 2.00% of trade value or more, and add spreads or markups to the cryptocurrency price, cryptocurrency trading with Paxos on Interactive Brokers’ platform has a low commission of just 0.12% to 0.18% of trade value1 with a USD 1.75 minimum per order (but the minimum is subject to a cap of 1% of trade value). Plus, there are no added spreads, markups, or custody fees.

Low, Transparent Pricing

Crypto Trading Cost Comparison3

Fee IBKR / Paxos Gemini
ActiveTrader
Coinbase
Pro
Webull SoFi
Crypto Transaction Fee
for $1,000 of crypto
0.18% 0.35% 0.50% None None
Spread / Markup None None None 1.00% 1.25%
Total fee 0.18% 0.35% 0.50% 1.00% 1.25%
Cost of $1,000 trade $1.80 $3.50 $5.00 $10.00 $12.50

Trade BTC, BCH, ETH and LTC through Paxos

Trade alongside global stocks, options, futures, spot currencies, bonds, funds and more via the IBKR platform.

Professional trading platforms

Professional Trading Platforms and Tools

Trader Workstation (TWS)

Our flagship desktop trading platform helps you efficiently manage client assets with powerful tools designed for Financial Advisors, RIAs and wealth managers.

Advisor Trading Tools

Use our pre-trade allocation tools to allocate and rebalance block cryptocurrency trades across multiple client accounts.

Sustainable Investing

Use Interactive Brokers’ suite of environmental, social and governance (ESG) tools to help interested clients align their investments with what they care about most.

Professional trading platforms
Efficient pricing gold in small quantities

Security You Can Trust

Security is crucial to cryptocurrency trading. Use the IBKR platform and funds from your from client accounts to trade cryptocurrencies at Paxos Trust Company, which employs military-grade security to protect your crypto assets. Paxos Trust Company is regulated and supervised by the New York Department of Financial Services (the New York bank regulator), and by the US Treasury’s Office of the Comptroller of the Currency (OCC).

The IBKR Advantage for Advisors

  • No ticket charges, minimums, or fees for custody, technology, software, platform or reporting.
  • No advisory team or prop trading group to compete with you.
  • Low-cost global trading and custody for advisors of all sizes.
  • Trade stocks, options, futures, currencies, bonds and funds from a single integrated master account, and trade cryptocurrencies from the same platform.
  • Free CRM, portfolio management and trading platform, plus PortfolioAnalyst®, a tool to consolidate clients’ entire portfolios.
  • Automated and flexible client billing.
  • Free compliance and website building services.
  • Debit card and Bill Pay available for US advisor clients

Learn More

Open a Registered Investment Advisor Account

Our Advisor accounts let Professional Registered Investment Advisors (RIAs) and Commodity Trading Advisors (CTAs) execute and allocate trades among multiple clients from a single order management interface.

For other Institutional Account Types, click here
For other Individual Account Types, click here

FAQs

Before you can trade cryptocurrencies, you need to log into Client Portal and request "United States - Crypto Currencies" trading permissions. Once trading permissions are established, you trade cryptocurrencies in the same way that you trade other products. Search for the symbol and open it in Quote Details or add it to your Watchlist. Select the symbol to trade, then complete the available parameters to create and then submit the order.


All exchange and custody services in connection with trading and holding cryptocurrency tokens and other digital asset tokens through IBKR trading platforms are provided by Paxos Trust.

Cryptocurrency trading with Paxos on Interactive Brokers’ trading platforms has a low commission of just 0.12% to 0.18% of trade value* with a USD 1.75 minimum per order (but the minimum is subject to a cap of 1% of trade value). Plus, there are no added spreads, markups, or custody fees.

*Depending on client monthly volume, with a USD 1.75 minimum commission per order (but the minimum is subject to a cap of 1% of trade value).


All exchange and custody services in connection with trading and holding cryptocurrency tokens and other digital asset tokens through IBKR trading platforms are provided by Paxos Trust.

All exchange and custody services in connection with trading and holding cryptocurrency tokens and other digital asset tokens (collectively, "crypto") through Interactive Brokers LLC’s ("IBKR") platform are provided by Paxos Trust (a New York Limited Trust Company licensed by the New York Department of Financial Services), which is specifically licensed to engage in virtual currency services.

This means to trade crypto, you must become a client of Paxos. When clients request the cryptocurrency trading permission in Client Portal, they agree to permit IBKR to provide their information to Paxos in order to apply for an account at Paxos in their name, and they are required to sign Paxos’ Customer Terms & Conditions. Clients must also sign a supplement to the IBKR Client Agreement which authorizes and instructs IBKR to engage in certain cashiering activities in their IBKR brokerage account to (i) withdraw US dollars from their brokerage account and transfer them to their account at Paxos to pay for crypto purchased and (ii) to sweep proceeds of sales of crypto at Paxos out of their account at Paxos and into their brokerage account at IBKR. Crypto trading permissions are enabled once a supplement to the IBKR Customer Agreement is signed and the IBKR client is approved as a Paxos client.

Once enabled, IBKR clients can trade crypto in their Paxos account using the IBKR trading platforms. When clients trade crypto through the IBKR platform, although IBKR acts as your cashiering agent, IBKR has no custody or control over the crypto assets you hold in your account at Paxos. All crypto transactions occur on the Paxos exchange. Paxos is your custodian for all crypto assets, and none of the legal protections associated with your securities account at IBKR (such as insurance under the Securities Investor Protection Act) apply to those crypto assets.

By supporting crypto trading through IBKR’s platform in conjunction with Paxos, IBKR provides its clients the convenience of centralized cash management and a single user interface that shows both their IBLLC-carried securities & commodities positions and their Paxos-carried crypto positions.

To comply with all relevant regulatory requirements and to avoid any client confusion, IBKR keeps the distinction between activities and positions at IBKR and activities and positions with Paxos very clear throughout all of the trading platforms. This may include the presentation of symbols indicating an asset is held at Paxos, headers, footers, pop-ups, and other such notices.

See All FAQs

Disclosures
  • INTERACTIVE BROKERS LLC IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.
  • Trading in digital assets, including cryptocurrencies, is especially risky and is only for individuals with a high risk tolerance and the financial ability to sustain losses. For more information about the risks surrounding the trading of Digital Assets please see the "Disclosure of Risks of Trading Digital Assets".
  • IB is not party to any transactions in digital assets and does not custody digital assets on your behalf. All digital asset transactions occur on the Paxos Trust Company ("Paxos") exchange. Any positions in digital assets are custodied solely with Paxos and held in an account in your name outside of IB.
  • Digital assets held with Paxos are not protected by SIPC.
  • Digital asset trading with Paxos is limited to U.S. residents with individual or joint accounts.
  1. Depending on client monthly volume, with a USD 1.75 minimum commission per order (but the minimum is subject to a cap of 1% of trade value).
  2. For more information, see our awards page.
  3. Rates as of August, 17, 2021. Competitor rates and offers subject to change without notice. Services vary by firm.