ibkr stock Market Data and Pricing for Investors

Author

Reads 962

A businessman using a calculator to analyze financial charts and graphs on a desk.
Credit: pexels.com, A businessman using a calculator to analyze financial charts and graphs on a desk.

IBKR's stock market data and pricing is a game-changer for investors. They offer real-time quotes, charts, and news for over 100,000 securities worldwide.

IBKR's pricing is transparent and competitive, with no hidden fees. This means you can focus on making informed investment decisions without worrying about surprise charges.

IBKR's real-time market data is available 24/7, giving you a clear picture of the markets at all times. This is especially useful for active traders who need to stay on top of market movements.

With IBKR's robust infrastructure, you can access high-quality market data and pricing from anywhere in the world.

Expand your knowledge: History of Us Stock Market

Trading with IBKR

With IBKR, you can trade US stocks and ETFs, index futures and options, and bonds around the clock. This means you can react immediately to market-moving news and trade over 10,000 US stocks and ETFs.

You can also trade more US stocks and ETFs overnight with IBKR, offering a unique advantage over other brokers. According to Bankrate, as of April 19, 2024, IBKR offers overnight trading for 10,000+ US stocks and ETFs.

IBKR's powerful trading platforms and tools allow you to execute any trading strategy with confidence. With 100+ order types, algos, and tools, you can manage your portfolio effectively and make better decisions.

Trade US Stocks Around the Clock, 5 Days a Week

Credit: youtube.com, Interactive Brokers Full Setup Breakdown (Subscriptions, Hot-Keys & Booktrader)

With Interactive Brokers (IBKR), you can trade US stocks around the clock, 5 days a week. This means you can react to market-moving news and events at any time that suits you.

Overnight stock trading is available for US stocks and ETFs, allowing you to trade from 8:00 pm ET to 3:50 am ET. This includes Sunday at 8:00 pm ET and Friday at 3:50 am ET.

IBKR offers access to over 10,000 US stocks and ETFs for overnight trading. This is significantly more than some of its competitors, such as Robinhood, which offers around 1,000 US stocks and ETFs for overnight trading.

You can also trade US Treasuries, European Government Bonds, and UK Gilts up to 22 hours a day with IBKR. This allows you to respond swiftly to market news and economic events as they occur.

Here's a list of some popular US stocks that you can trade around the clock with IBKR:

  • NFLX (Netflix)
  • TSLA (Tesla)
  • GOOG (Alphabet)
  • AMZN (Amazon)

As a professional trader with IBKR, you can take advantage of industry-leading commissions and the lowest margin rates across all balance tiers. However, it's essential to remember that the risk of loss in online trading can be substantial, and options are not suitable for all investors.

Equity Balance Requirements

Credit: youtube.com, How to use Margin with Interactive Brokers

Trading with IBKR requires a certain level of equity balance in your account. The minimum equity balance requirements vary depending on your account type.

For individual accounts, unless you're listed below, you'll need at least USD 500.00 in equity. This applies to financial advisor clients, institutional and/or organizational accounts, and financial advisors as well.

Non-professional advisors and introducing broker clients have a lower requirement of USD 200.00. If you're an Indian resident trading with an IB India account, the minimum requirement is USD 100.00.

Here's a breakdown of the minimum equity balance requirements by account type:

Data and Pricing

Market data pricing and subscription details are crucial to understand when trading with IBKR. The number of symbols that can be viewed simultaneously via the TWS deep book windows is determined by the number of allowed lines of market data, with a minimum of three and a maximum of 60.

For example, a client with the default allowance of 100 lines of data will be able to simultaneously view deep data for three different symbols. Multiple deep book windows for the same symbol can be opened without impacting market data limits.

For another approach, see: How to Value Stocks Book

Credit: youtube.com, How to setup Interactive Brokers Market Data - Stock and Option Realtime Data

Market data type includes Snapshot Quotes, Level 1, and Level 2 Data. Snapshot quotes are static, non-streaming market data quotes that are available at each point of order entry, and are charged per quote requested.

The cost of Snapshot quotes for US-listed equities and ETFs is $0.01 per request, and all other instruments are $0.03 per request. All IBKR accounts receive a $1.00 monthly waiver for snapshot quotes.

Here is a summary of the different market data types:

  • Snapshot Quotes: $0.01 per request for US-listed equities and ETFs, $0.03 per request for all other instruments
  • Level 1 Market Data: Provides market information on the top of the order book
  • Level 2 Market Data: Provides the full depth of the order book

Group Estimates in USD

Interactive Brokers Group's revenue is estimated to reach $5,466 USD in 2025, $5,887 USD in 2026, and $6,467 USD in 2027.

The dividend yield for Interactive Brokers Group is expected to be 0.52% in 2025, 0.40% in 2026, and 0.46% in 2027.

Interactive Brokers Group's earnings per share (EPS) is estimated to be $7.38 in 2025, $7.96 in 2026, and $8.83 in 2027.

The price-to-earnings (P/E) ratio for Interactive Brokers Group is estimated to be 29.45 in 2025, 27.32 in 2026, and 24.63 in 2027.

Here's a breakdown of Interactive Brokers Group's estimated financial metrics for 2025-2027:

Group Dividend Calendar

Credit: youtube.com, Ex-Dividend Date Explained and Dividend Calendar Strategies | Investing 101

The Interactive Brokers Group Dividend Calendar is a valuable tool for investors, providing a clear picture of the company's dividend payments over the years.

The calendar shows that the company has consistently paid a quarterly dividend of $0.40 since 2014, with some exceptions in earlier years.

In 2012, the dividend yield was 2.92%, significantly higher than in other years.

The company's dividend payments have been made in USD, with no changes in currency over the years.

Here is a table summarizing the dividend payments for Interactive Brokers Group Inc Shs:

The company's dividend payments have been consistent, with some minor variations over the years.

Data

Data is a crucial aspect of trading, and understanding how it works can make a big difference in your investment decisions. Market data is allocated based on the number of symbols you can view simultaneously, with a minimum of three and a maximum of 60 unique symbols allowed.

One unique symbol for every 100 allowed lines of market data is the rule of thumb. For example, a client with the default allowance of 100 lines of data can simultaneously view deep data for three different symbols.

Credit: youtube.com, How To Turn Online Data Into a Pricing Strategy That Works

You can view deep data for multiple symbols without impacting your market data limits, as long as you're not exceeding the maximum allowed. If you're allowed 500 tickers, you can view deep data for five unique symbols.

There are different types of market data, including Snapshot Quotes, Level 1, and Level 2 data. Snapshot quotes are static, non-streaming quotes that can be updated or refreshed by requesting an updated quote.

The cost of snapshot quotes is $0.01 per request for US-listed equities and ETFs, and $0.03 for all other instruments. All IBKR accounts receive a $1.00 monthly waiver for snapshot quotes.

If your snapshot quote fees within a month equal the cost of the real-time streaming service, you'll be automatically upgraded to the real-time streaming service for that month. Here are the different types of market data:

  • Snapshot Quotes: A static, non-streaming market data quote that can be updated or refreshed by requesting an updated quote.
  • Level 1 Market Data: Provides market information on the top of the order book, showing only the best available prices for buyers and sellers.
  • Level 2 Market Data: Provides more comprehensive market data, including multiple bid and ask prices at different levels.

Market data subscription costs will not be pro-rated, and users who subscribe to or unsubscribe from data mid-month will be charged at the full month rate.

Margin Loan Rates: 4.83% - 5.83% USD

Credit: youtube.com, Margin Loans Explained

IBKR charges margin loan rates ranging from 4.83% to 5.83% USD, making them the lowest margin loan interest rates of any broker according to StockBrokers.com 2024 online broker review.

You can calculate your own sample margin loan interest rate on their website.

Restrictions apply to these rates, so be sure to check the fine print before borrowing.

IBKR offers a competitive margin loan rate, with the lowest rates available among all brokers.

A unique perspective: Does Ibkr Pay Interest on Cash

Transparent Inventory and Pricing

In the digital age, having transparent and up-to-date inventory and pricing information is crucial for making informed decisions.

The Shortable Instruments (SLB) Search tool is a fully electronic, self-service utility that lets you search for availability of shortable securities from within Client Portal.

Having access to this kind of information can save you time and reduce uncertainty.

Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.

You can rely on the accuracy of the share prices as of June 11, 2024, to make your decisions.

Subscriptions and Fees

Credit: youtube.com, Which Market Data Subscription do I Need? (Futures, Stocks, Options)

Market data subscription fees start from the day of subscription and are billed within the first three business days of each subsequent month as long as the service remains active. Fees are based on the number of users per account, with multiple charges for multiple users. IBKR retains 5% - 10% of market data fees to cover administrative costs, with the remaining amount paid to the data vendor. Additional fees apply for Snapshot quotes.

The minimum requirements to subscribe and maintain market data and research subscriptions are required, plus the cost of the subscription. This does not include the cost of the service, which is required to have the data activated.

The following table shows the minimum requirements for market data subscriptions:

Market data subscription costs will not be pro-rated, so users who subscribe to or unsubscribe from data mid-month will be charged at the full month rate.

Subscriptions and Billing

Market data subscription fees start from the day of subscription and are billed within the first three business days of each subsequent month as long as the service remains active. Fees are based on the number of users per account, with multiple charges for multiple users.

Credit: youtube.com, Subscription Billing Overview | FastTrack Tech Talk

IBKR retains 5% - 10% of market data fees to cover administrative costs, with the remaining amount paid to the data vendor. Additional fees apply for Snapshot quotes.

To receive real-time market data, customers must be a subscriber to market data. All clients initially receive 100 concurrent lines of real-time market data.

The quantity of market data is allocated using one of three calculations: USD monthly commissions divided by 8, USD equity multiplied by 100 divided by $1,000,000 (rounded down to the nearest integer), or 100.

Here's a breakdown of the calculations:

Market data subscription costs will not be pro-rated. Users who subscribe to or unsubscribe from data mid-month will be charged at the full month rate.

The minimum requirements to subscribe and maintain market data and research subscriptions do not include the cost of the service. The minimum requirements plus the cost of the subscription are required to have the data activated.

Significant Savings

Credit: youtube.com, Ways To Cut The Cost Of Subscriptions

Interactive Brokers clients receive significant savings compared to other brokers. This is due to the company's industry-leading commissions.

The comparison to other providers is based on rates published on their websites as of January 16, 2025, for deals in US stocks. Providers' account types used for this illustration are what Interactive Brokers considers default standard tier.

Lower investment costs will increase your overall return on investment, but lower costs do not guarantee that your investment will be profitable.

Here's a rough idea of the savings you can expect:

These savings can add up over time, making Interactive Brokers a more attractive option for investors.

Professionals can take advantage of industry-leading commissions, including the lowest margin rates across all balance tiers.

US Trading Costs for UK Residents

If you're a UK resident looking to trade US stocks, you'll want to know about the costs involved.

The costs can add up quickly, with some brokers charging as much as £61.95 for a £5,000 trade.

Credit: youtube.com, Stock Trading Commission and Fees Explained

Interactive Brokers, on the other hand, charges a very low US stock commission of just USD 0.0035.

Some brokers also charge an extra FX fee, which can range from 0.03% to 1.50% of the trade value.

Robinhood UK is a great option for those who want to avoid FX fees altogether, with a commission-free US stock trading model.

However, it's worth noting that some brokers, like AJ Bell, charge a flat fee of £9.95 for US stock trades.

Here's a breakdown of the US trading costs for some popular brokers:

Frequently Asked Questions

How do I get up to $1000 of IBKR stock for free?

To receive up to $1000 of free IBKR stock, deposit $100,000 into a new Interactive Brokers account. Smaller deposits earn proportionally smaller bonuses, starting at $1 for a $100 deposit.

Is IBKR stock a buy?

IBKR stock is a Strong Buy, according to 8 Wall Street analysts, with a potential 7.26% price increase from its current price of $179. Consider learning more about Interactive Brokers' analyst ratings and price targets for a more informed investment decision.

Do you actually own the stock on Interactive Brokers?

No, you don't own the stock directly on Interactive Brokers, as your shares are held in a pooled account. Instead, you hold shares on behalf of the beneficial owner

Ann Lueilwitz

Senior Assigning Editor

Ann Lueilwitz is a seasoned Assigning Editor with a proven track record of delivering high-quality content to various publications. With a keen eye for detail and a passion for storytelling, Ann has honed her skills in assigning and editing articles that captivate and inform readers. Ann's expertise spans a range of categories, including Financial Market Analysis, where she has developed a deep understanding of global economic trends and their impact on markets.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.