PHLX Options Fees

Public Customer Broker-Dealer Firm Joint Back Office Away MM Professional
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Remove
Liquidity
Add
Liquidity
Multi-Listed Equity, ETF and Index Options
Penny Pilot USD 0.00 USD 0.00 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48 USD 0.48
SPY USD 0.41 USD 0.00 USD 0.48 USD 0.00 USD 0.48 USD 0.00 USD 0.48 USD 0.00 USD 0.48 USD 0.00 USD 0.48 USD 0.00
NDX3 USD 0.25 USD 0.25 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
VOLQ USD 0.00 USD 0.00 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD (0.40) USD 0.40 USD 0.40
Non Penny Pilot USD 0.00 USD 0.00 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
PHLX Singly Listed Equity, ETF and Index Options
All 1
USD 0.40 USD 0.40 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
FX Options2
FX Options 2 USD 0.00 USD 0.00 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50 USD 0.50
Index/ETF Surcharge
NDX3 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25
BKX USD 0.00 USD 0.00 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10
VOLQ USD 0.00 USD 0.00 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10

Notes:

  1. A list of underlying products can be found on the PHLX's website at http://www.nasdaqtrader.com.
  2. All Complex Orders are charged a Surcharge of 0.25 * Quantity.
  3. A surcharge of 0.25 per contract will be assessed to all Customer Complex executions. A surcharge of 0.50 per contract will be assessed to all Non-Customer complex executions.

The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options".

Your capital is at risk and your losses may exceed the value of your original investment.

Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.

Cryptoassets are unregulated in the UK. Interactive Brokers (U.K) Limited ("IBUK") is registered with the Financial Conduct Authority as a cryptoassets firm under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.

Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.

Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.

For a list of IBG memberships worldwide, see our exchange listings.