Can you explain the pricing structure for cryptocurrency trading on IBKR Lite and IBKR Pro?

1 answers

• Nov 25, 2021 · 3 years ago
  As an expert in the cryptocurrency trading industry, I can provide you with insights into the pricing structure for cryptocurrency trading on IBKR Lite and IBKR Pro. IBKR Lite offers commission-free trading for cryptocurrencies, which means you won't have to pay any commissions when you buy or sell cryptocurrencies on this platform. However, there may still be other costs involved, such as exchange fees and regulatory fees. On the other hand, IBKR Pro offers a tiered pricing structure with commissions that vary based on the size of the trade. The larger the trade, the lower the commission rate. This can be advantageous for high-volume traders who want to reduce their trading costs. It's important to note that both platforms may have additional costs, such as financing costs and market data fees. It's always a good idea to review the fee schedule provided by IBKR to get a comprehensive understanding of the pricing structure for cryptocurrency trading on these platforms.
  983492