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Margin Reference Benchmark Rates

Reference Benchmark Rates


IBKR's benchmark for each currency is the reference rate for our investment loans. IBKR uses a combination of internationally recognized reference rates (such as Fed Funds), bank deposit rates, and dynamic interbank rates determined from foreign exchange and money markets to calculate an IBKR Reference Benchmark rate.

For more information about IBKR Reference Benchmark click here.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate click here.


CurrencyDescription for Effective Date 20221208 Rate Effective Date
USD
Reference Benchmark USD
3.830%
20221208
AED
Reference Benchmark AED
4.063%
20221208
AUD
Reference Benchmark AUD
2.984%
20221208
BGN
Reference Benchmark BGN
1.340%
20221208
BRL
Reference Benchmark BRL
13.650%
20221208
CAD
Reference Benchmark CAD
4.001%
20221208
CHF
Reference Benchmark CHF
0.071%
20221208
CNH
Reference Benchmark CNH
0.865%
20221208
CZK
Reference Benchmark CZK
6.781%
20221208
DKK
Reference Benchmark DKK
1.108%
20221208
EUR
Reference Benchmark EUR
1.383%
20221208
GBP
Reference Benchmark GBP
2.965%
20221208
HKD
Reference Benchmark HKD
3.308%
20221208
HUF
Reference Benchmark HUF
17.000%
20221208
ILS
Reference Benchmark ILS
2.826%
20221208
INR
Reference Benchmark INR
8.700%
20221208
JPY
Reference Benchmark JPY
(0.122)%
20221208
KRW
Reference Benchmark KRW
3.250%
20221208
MXN
Reference Benchmark MXN
10.517%
20221208
NOK
Reference Benchmark NOK
1.960%
20221208
NZD
Reference Benchmark NZD
4.535%
20221208
PLN
Reference Benchmark PLN
7.122%
20221208
RON
Reference Benchmark RON
5.369%
20221208
RUB
Reference Benchmark RUB
7.280%
20221208
SAR
Reference Benchmark SAR
6.753%
20221208
SEK
Reference Benchmark SEK
2.273%
20221208
SGD
Reference Benchmark SGD
3.517%
20221208
TRY
Reference Benchmark TRY
9.034%
20221208
USD
Reference Benchmark USD Libor
3.820%
20221208
ZAR
Reference Benchmark ZAR
7.335%
20221208
Prior Period Benchmark Rates

IBKR accrues interest daily and posts actual interest monthly on the third business day of the following month. For detailed examples on how we calculate interest, open the Interest Paid to You and Interest Rates Charged to You on Margin Loan Balances sections on this page.


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