Interest and Financing

IB Shares CFDs


Contract Interest is calculated daily on all open CFD positions held at the close of the trading session, and is applied as a blended rate based on notional balances as shown below:


IB Share CFDs

Balance Cutoffs Contract Interest Charged/Paid on Open CFD Positions
Currency Position Tier I Tier II Share CFDs
Below Tier I
Share CFDs
Between Tier I
and Tier II
Share CFDs
Above Tier II
AUD Long/Short 1 140,000 1,400,000 3.082% / 0.082%
(BM +/- 1.5%)
3.082% / 0.082%
(BM +/- 1.5%)
3.082% / 0.082%
(BM +/- 1.5%)
CHF Long/Short 1 100,000 1,000,000 1.5% / -2.314%
(BM +/- 1.5%)
1% / -1.814%
(BM +/- 1%)
0.5% / -1.314%
(BM +/- .5%)
CZK Long/Short 1 N/A N/A 3.25% / -2.75%
(BM +/- 3%)
3.25% / -2.75%
(BM +/- 3%)
3.25% / -2.75%
(BM +/- 3%)
DKK Long/Short 1 N/A N/A 0.83% / -2.17%
(BM +/- 1.5%)
0.83% / -2.17%
(BM +/- 1.5%)
0.83% / -2.17%
(BM +/- 1.5%)
EUR Long/Short 1 100,000 1,000,000 1.5% / -2.035%
(BM +/- 1.5%)
1% / -1.535%
(BM +/- 1%)
0.5% / -1.035%
(BM +/- .5%)
GBP Long/Short 1 80,000 800,000 1.925% / -1.075%
(BM +/- 1.5%)
1.425% / -0.575%
(BM +/- 1%)
0.925% / -0.075%
(BM +/- .5%)
HKD Long/Short 1 780,000 7,800,000 1.857% / -1.143%
(BM +/- 1.5%)
1.857% / -1.143%
(BM +/- 1.5%)
1.857% / -1.143%
(BM +/- 1.5%)
JPY Long/Short 1 N/A N/A 1.5% / -1.713%
(BM +/- 1.5%)
1.5% / -1.713%
(BM +/- 1.5%)
1.5% / -1.713%
(BM +/- 1.5%)
NOK Long/Short 1 850,000 8,500,000 1.8% / -1.2%
(BM +/- 1.5%)
1.3% / -0.7%
(BM +/- 1%)
0.8% / -0.2%
(BM +/- .5%)
SEK Long/Short 1 850,000 8,500,000 1.5% / -2.167%
(BM +/- 1.5%)
1% / -1.667%
(BM +/- 1%)
0.5% / -1.167%
(BM +/- .5%)
SGD Long/Short 1 130,000 1,300,000 2.641% / -1.359%
(BM +/- 2%)
2.641% / -1.359%
(BM +/- 2%)
2.641% / -1.359%
(BM +/- 2%)
USD Long/Short 1 100,000 1,000,000 2.683% / -0.317%
(BM +/- 1.5%)
2.183% / 0.183%
(BM +/- 1%)
1.683% / 0.683%
(BM +/- .5%)



Stock Borrow Fee

An additional borrow charge is levied on short CFD Positions, determined for each stock individually based on market borrow rates. IB will provide non-binding, indicative borrow rates to clients. Borrow rates may change without notice over the life of the short position based on market conditions.

Disclosures
  1. For long open positions, your account will be charged interest. For short open positions, your account will generally be paid interest, except in cases where the contract interest rate is negative. When the rate is negative, your account will be charged interest.