Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917).
Registered Office: 1 Harbourfront Place #12-01/03, Harbourfront Tower 1, Singapore 098633.
IBKR Lite provides commission-free trades in US exchange-listed stocks and ETFs (subject to certain limitations for overnight trades and those under USD 1.00 per share). IBKR may charge non-commission related fees. Trades in non-exchange-listed US stock (e.g., Pink sheet and OTCBB), ETFs, warrants and other non-qualifying products and recurring investment instructions, are subject to IBKR's standard commission schedule.
IBKR Lite is meant for retail investors. IBKR reserves the right to reject any IBKR Lite order or series of orders if IBKR determines the order(s) appear to show non-retail trading behavior. At the time an order is rejected, the client will be automatically presented the option to resubmit the rejected order on a Fixed commission basis. Overnight (between 8 pm and 4 am New York City time) US listed stock trades and those under USD 1.00 per share are free for IBKR Lite clients so long as an account's monthly volume of such trades does not exceed 10% of the account's total monthly US stock trading volume, otherwise the account will be charged the lesser of USD 0.005 per share or 1% of trade value for such trades.
IBKR Lite clients are charged no brokerage account activity fees, and no market data fees for US exchange-traded stocks and ETFs. Clients may incur non-commission related fees such as market data fees for other products, service fees such as wire transfer fees, and fees to cover regulatory fees incurred by IBKR when clients sell stocks. These fees are not intended to be a direct pass-through of exchange and third-party fees. Costs passed on to IBKR Lite clients may be greater than the costs paid by IBKR to the relevant exchange, regulator, clearinghouse or third party. For products not entitled to zero-commission trading under IBKR Lite, the same commission structure will apply to both IBKR Lite and IBKR Pro. Where applicable, a "Fixed" commission model will apply to IBKR Lite clients for such products. For more information, see commissions.
Please refer to IBSG IBKR Lite Disclosure for more information.