Political, Economic and Climate Forecast Contracts Are Live -
Client Login | View Markets | Learn More

Margin Reference Benchmark Rates

Margin Trading

Reference Benchmark Rates


IBKR's benchmark for each currency is the reference rate around which our credit, debit, stock loan and other interest rate linked calculations are determined. 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, visit the IBKR Knowledge Base.

For information regarding the various external reference rates that contribute to the IBKR Reference Benchmark rate see Benchmark Interest Calculation Reference Rate Descriptions.


Currency Description for Effective Date 20250812 Rate Effective Date
USD
Reference Benchmark USD
4.33%
20250812
AED
Reference Benchmark AED
4.35%
20250812
AUD
Reference Benchmark AUD
3.942%
20250812
BGN
Reference Benchmark BGN
1.971%
20250812
BRL
Reference Benchmark BRL
14.9%
20250812
CAD
Reference Benchmark CAD
2.753%
20250812
CHF
Reference Benchmark CHF
(0.106)%
20250811
CNH
Reference Benchmark CNH
1.132%
20250812
CZK
Reference Benchmark CZK
3.418%
20250812
DKK
Reference Benchmark DKK
1.577%
20250811
EUR
Reference Benchmark EUR
1.963%
20250812
GBP
Reference Benchmark GBP
3.992%
20250812
HKD
Reference Benchmark HKD
0.248%
20250812
HUF
Reference Benchmark HUF
6.329%
20250812
ILS
Reference Benchmark ILS
4.609%
20250812
INR
Reference Benchmark INR
5.5%
20250812
JPY
Reference Benchmark JPY
0.285%
20250812
KRW
Reference Benchmark KRW
2.5%
20250812
MXN
Reference Benchmark MXN
7.852%
20250812
NOK
Reference Benchmark NOK
4.157%
20250812
NZD
Reference Benchmark NZD
3.348%
20250812
PLN
Reference Benchmark PLN
5.04%
20250812
RON
Reference Benchmark RON
5.615%
20250812
RUB
Reference Benchmark RUB
17.59%
20250811
SAR
Reference Benchmark SAR
5.327%
20250812
SEK
Reference Benchmark SEK
1.947%
20250812
SGD
Reference Benchmark SGD
1.959%
20250811
TRY
Reference Benchmark TRY
35.792%
20250812
ZAR
Reference Benchmark ZAR
6.865%
20250812

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.


Futures trading at IBKR

Start trading like a professional today!