Members, arcades, and proprietary traders operating under a special exchange program may be entitled to special fee pricing. At this time, IBKR provides discounted fees associated with several incentive programs available through the CME (electronic ECBOT, GLOBEX, and NYMEX). While clients must contact the exchange directly regarding the application and approval process, IBKR strongly recommends that clients contact IBKR by email at memberpricing@interactivebrokers.com for details on the incentive programs currently supported by IBKR. Additionally, it is the client's obligation to notify IBKR of any incentive program membership. IBKR will need to independently verify the account’s status with the exchange. If verified, reduced fees will go into effect within 2 weeks of IBKR receiving verification. Reduced fees will not be retroactively applied for trading done prior to IBKR being notified and confirming the account’s incentive program status.
Aside from the commission, fees charged to clients by IBKR, whether standard or discounted in association with exchange incentive programs, are intended to cover the costs of execution, including exchange fees. Such fees charged by IBKR generally reflect the exchange fee structure, but in certain circumstances may be higher or lower than the fees charged by the exchange.