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

Margin Reference Benchmark Rates

Reference Benchmark Rates


IBKR's benchmark for each currency is the reference rate around which our credit, debit, stock loan and other interest rate linked calculations are determined. IBKR uses a combination of internationally recognized reference rates (such as Fed Funds), bank deposit rates, and dynamic interbank rates determined from foreign exchange and money markets to calculate an IBKR Reference Benchmark rate.

For more information about IBKR Reference Benchmark click here.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate click here.


CurrencyDescription for Effective Date 20230130 Rate Effective Date
USD
Reference Benchmark USD
4.330%
20230130
AED
Reference Benchmark AED
4.208%
20230130
AUD
Reference Benchmark AUD
3.001%
20230130
BGN
Reference Benchmark BGN
1.916%
20230130
BRL
Reference Benchmark BRL
13.650%
20230130
CAD
Reference Benchmark CAD
4.370%
20230130
CHF
Reference Benchmark CHF
0.761%
20230130
CNH
Reference Benchmark CNH
3.083%
20230130
CZK
Reference Benchmark CZK
6.876%
20230130
DKK
Reference Benchmark DKK
1.707%
20230130
EUR
Reference Benchmark EUR
1.887%
20230130
GBP
Reference Benchmark GBP
3.433%
20230130
HKD
Reference Benchmark HKD
2.144%
20230130
HUF
Reference Benchmark HUF
17.550%
20230130
ILS
Reference Benchmark ILS
3.830%
20230130
INR
Reference Benchmark INR
8.800%
20230130
JPY
Reference Benchmark JPY
(0.455)%
20230130
KRW
Reference Benchmark KRW
3.500%
20230130
MXN
Reference Benchmark MXN
9.776%
20230130
NOK
Reference Benchmark NOK
2.561%
20230130
NZD
Reference Benchmark NZD
4.279%
20230130
PLN
Reference Benchmark PLN
6.878%
20230130
RON
Reference Benchmark RON
6.995%
20230130
RUB
Reference Benchmark RUB
7.000%
20230130
SAR
Reference Benchmark SAR
5.267%
20230130
SEK
Reference Benchmark SEK
2.327%
20230130
SGD
Reference Benchmark SGD
3.854%
20230130
TRY
Reference Benchmark TRY
13.179%
20230130
ZAR
Reference Benchmark ZAR
7.662%
20230130
Prior Period Benchmark Rates

IBKR accrues interest daily and posts actual interest monthly on the third business day of the following month. For detailed examples on how we calculate interest, open the Interest Paid to You and Interest Rates Charged to You on Margin Loan Balances sections on this page.


Futures trading at IBKR

Start trading like a professional today!