4Star Rating for Low Cost *
Interactive Brokers The Professional’s Gateway to the World’s Markets 4 Star Rating for Low Cost * Consider 3 way to minimize your trading costs:
US Margin Loan Rates Comparison $25K $200K $1.5M E-Trade 7.64% 6.14% 3.89% Fidelity 7.575% 6.575% 3.750% Interactive Brokers 1.62% 1.12% 0.62% optionsXpress 6.25% 5.00% 4.00% Schwab 8.00% 6.875% 6.25% TD Ameritrade 8.50% 7.25% 6.25% thinkorswim 7.70% 7.70%** 7.70%**
Margin Rate Comparison as of 03/01/2010. Services vary by firm. **Negotiable Margin Rate Comparison as of 03/01/2010. Services vary by firm. **Negotiable
Interactive IB Brokers Industry Advantage Net Dollar Price Improvement [A] US Stocks (cents per $0.26 $-0.05 $0.31 vs. National Best Bid/Offer 100 shares)
US Options Significantly better than the industry (cents per $0.73 $0.52 $0.21 as a whole [B] for second half 2009. contract)
Source: Transaction Auditing Group, Inc. (TAG), a third-party provider of transaction analysis
US Commission Rates Comparison 1 E-mini 100 1 Stock S&P 500 Shares Option Future Plus Plus 1 1 exchange exchange E-Trade $7.99 $8.74 fees $2.99 fees Fidelity $7.95 2 $8.70 2 N/A Interactive Brokers* $1.00 3 $1.00 3 $2.40 3 optionsXpress $9.95 4 $12.95 5 $6.99 6 SAMPLE Schwab $8.95 7 $9.70 N/A TD Ameritrade $9.99 $10.74 N/A thinkorswim $5.00 $2.95 $3.50 Commission Comparison as of 03/01/2010. Services vary by firm. Data is for U.S. equities, stock options and futures.
*Lower commission rates for larger volumes and comparable rates worldwide. *Lower commission rates for larger volumes and comparable rates worldwide.
Interactive Brokers www.interactivebrokers.com/CompanyNameHere The Professional’s Gateway to the World’s Markets
Interactive Brokers LLC is a member of NYSE, FINRA, SIPC. Supporting documentation for any claims and statistical information will be provided upon request. *According to Barron’s How Barron’s Ranks 22 Leading Online Brokers - March 15, 2010, ranked Interactive Brokers with a 4.2 star rating for cost. Barron’s is a registered trademark of Dow Jones & Company, Inc. Criteria included Trade Experience, Trading Technology, Usability, Range of Offerings, Research Amenities, Portfolio Analysis & Report, Customer Service & Education, and Costs. [1] E-Trade - 150-1,499 trades per quarter. [2] Fidelity’s $7.95 flat commission applies to online trades in U.S. equity securities. It does not apply to foreign stock transactions or restricted securities transactions. Additional fees may be charged on orders that require special handling. A minimum deposit of $2,500 is required to open an account. [3] IB - Accounts generating commissions less than $10 per month (with account equity of $2,000 or more) will be assessed the difference as a monthly activity fee. [4] optionsXpress - minimum 9 stock trades per quarter. [5] optionsXpress - minimum 35 option trades per quarter. [6] optionsXpress - eMini – between 1 - 40 contracts per month. [7] Schwab - For online trades in stocks and third-party exchange-traded funds. [A] Net $ Improvement per Share Definition: ((# of Price Improved Shares * Price Improvement Amount) - (# of Price Dis-improved Shares*Price Dis-improvement Amount)) / Total Number of Executed Shares. [B] According to TAG for US stocks (31 cents per 100 shares better), the analysis included all market orders of 100 shares or more, up to 10,000 shares from July - December 2009. The analysis for US options (21 cents per contract better) included all market orders with order sizes of 1 to 50 contracts from July - December 2009. Interactive Brokers The Professional’s Gateway to the World’s Markets
Why Interactive Brokers?
Successful traders and investors understand that superior technology and lower trading costs can result in greater returns. For 33 years the IB Group[1] has been building electronic access trading technology that delivers real advantages to professionals worldwide. With consolidated equity capital of US $4.8 billion, IB and its affiliates exceed 1,000,000 trades per day. Discover some of the reasons why professional traders and investors choose IB.
Globality
» We provide electronic access to stocks, options, futures, forex, bonds and funds on over 80 market centers in 19 countries from one account. » We maintain a global presence, with offices and affiliates in the US, Switzerland, Canada, UK, Australia, Hungary, Russia, India, China and Estonia. » Awarded a 4.5-star rating by Barron’s magazine in the Best for International Traders category.[2] » Our integrated approach makes it easy to trade global products on multiple exchanges and assets denominated in multiple currencies all from a single account.
Best Trade Execution & Lowest Trade Cost
» IB SmartRoutingSM is designed to search for the best price available at the time of your order, and to route and re-route all or parts of your order to achieve optimal execution. » Our statistics speak for themselves. Based on independent measurements, the Transaction Auditing Group, Inc., (TAG), a third-party provider of transaction analysis, has determined that Interactive Brokers’ US stock and options price executions were significantly better than the industry[3] during the second half of 2009. » For combination orders routed via SmartRouting, IB undertakes the risk of partial executions. » In the case of an exchange malfunction, IB SmartRouting AutorecoverySM re-routes options orders and IB undertakes the risk of double executions.
Risk Management &SAMPLE Control
» Our real-time margin system continuously enforces limits on an account-by-account basis, and allows customers to monitor their margin cushion directly in TWS. » TWS provides sophisticated portfolio risk man- agement via the IB Risk NavigatorSM, which is free to IB customers.
Interactive Brokers LLC is a member of NYSE, FINRA, SIPC • Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations. [1] Includes Interactive Brokers Group and predecessor companies. [2] According to Barron’s How Barron’s Ranks 22 Leading Online Brokers - March 15, 2010, Interactive Brokers was awarded the highest 4.5 star rating for Best for International Traders, and 4.5 stars to qualify for the top three for Best for Frequent Traders. [3] Source: The Transaction Auditing Group (TAG). Industry as a whole for the referenced periods according to TAG. The analysis for stocks included all market orders of 100 shares or more up to 10,000 shares. The analysis for options included all market orders with order sizes of 1 to 50 contracts. Interactive Brokers The Professional’s Gateway to the World’s Markets
Low Cost
» IB has automated every aspect of the trade process in-house, allowing us to offer low[4] commissions. » Customers can choose bundled and unbundled pricing structures to enjoy the lowest cost based on their trading activity. » Awarded a 4-star low cost broker rating by Barron’s magazine. IB has been awarded four or more stars for six straight years.[5] » Our Portfolio Margin Accounts with real-time risk management allow increased leverage with greater safety. 85% lower margin loan rates than the average of six of our top competitors.[6]
Comprehensive Reporting
» Customizable activity statements can be viewed as PDFs or in HTML format, and can be downloaded into a variety of third-party software, such as Quicken or MS Excel. » Flexible download files available in text or XML format. » Daily margin reports detail requirements by underlying.
SAMPLE
Interactive Brokers LLC is a member of NYSE, FINRA, SIPC • Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations. [4] According to Barron’s How Barron’s Ranks 22 Leading Online Brokers - March 15, 2010, ranked Interactive Brokers with a 4.2 star rating for cost. Barron’s is a registered trademark of Dow Jones & Company, Inc. Criteria included Trade Experience, Trading Technology, Usability, Range of Offerings, Research Amenities, Portfolio Analysis && Report, Customer Service & Education, and Costs. [5] Low cost broker 2005 through 2010 according to Barron’s online broker review. [6] Based on IB’s US Margin Loan Rates Comparison as of 3/1/2010. Interactive Brokers The Professional’s Gateway to the World’s Markets
Trading Technology » Choose to connect to our trading system through the IB API » Market-maker designed Trader Workstation (TWS) optimizes or our industry-standard CTCI FIX interface. your trading speed with a single multi-product spreadsheet » Advanced algo tools and order types help individual trad- interface offering real-time streaming quotes and quick click ers manage multiple large volume orders simultaneously and order entry. get the best execution. » Sophisticated TWS trading tools such as OptionTrader, » IB WebTrader offers a simplified trading interface to connect FXTrader, BookTrader and Accumulate/Distribute provide to our trading system. product-specific order modules to accommodate any » Awarded a 4.5-star rating by Barron’s magazine in the Best trading needs. for International Traders category.[2]
Educational Offerings
» Our Education Center provides information about IB products and services in many different ways, from self-paced interactive tours and live webinars to detailed, step-by-step instructions. » Daily market briefs written by our own in-house analysts provide insights into the the U.S. equity options, interest rate and global currencies markets. » Download our free widget and gadget trading tools from Traders’ University, and experiment with options pricing and strategies. » Participate in free, live webinars on topics such as trading with TWS, understanding options, andSAMPLE how to take advantage of volatility in the gold market. Customer service for CompanyNameHere employees toll free 24/6 at 866-806-0139
Open an account today http://www.interactivebrokers.com/CompanyNameHere
To open an account with IB, a minimum deposit of USD 10,000 is required.
Interactive Brokers LLC is a member of NYSE, FINRA, SIPC • Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations. [2] According to Barron’s How Barron’s Ranks 22 Leading Online Brokers - March 15, 2010, Interactive Brokers was awarded the highest 4.5 star rating for Best for International Traders, and 4.5 stars to qualify for the top three for Best for Frequent Traders.