Interactive Brokers’ Client Equity Surges 38% as Daily Average Revenue Trades Remain Flat From July

August brought a mix of steady trading and expanding client wealth for Interactive Brokers. The brokerage reported significant year-on-year increases in equity and margin loan balances while daily trading activity remained largely unchanged from July.

Trading Activity Holds Steady

Interactive Brokers reported that daily average revenue trades (DARTs) were 3.49 million, up 29% from August 2024 but roughly flat month-on-month.

On a per-account basis, clients executed an annualized average of 187 cleared DARTs. The average commission across all cleared commissionable orders was $2.68, which included exchange, clearing, and regulatory fees.

By product category, the average commission per order in August was $2 for stocks, $3.81 for equity options, and $4.28 for futures. Futures commissions were composed mostly of exchange, clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term, and regulatory costs, which the firm estimated at 57%.

Client assets showed robust growth across the board. Equity balances reached $713.2 billion, 38% higher than a year earlier and 4% higher than in July.

Margin loan balances also grew, climbing 31% from the prior year to $71.8 billion. Credit balances stood at $146.4 billion, a 31% yearly increase, including $6 billion in insured bank deposit sweeps.

Client Balances Continue to Grow

The firm also continued to expand its client base. August's accounts closed at 4.05 million, a 32% rise year over year and a 2% increase from July.

Interactive Brokers disclosed that its IBKR PRO clients paid an average total cost of 1.8 basis points for executing and clearing U.S. Reg-NMS stocks in August. The average trade size for these transactions was $20,923.

Meanwhile, the value of the company’s proprietary performance benchmark, GLOBAL, rose 0.47% during the month and was up 2.1% year-to-date.

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Last month, Interactive Brokers introduced zero-commission trading in Singapore, giving local investors access to U.S. stocks and exchange-traded funds (ETFs) without platform or settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Read this Term fees.

The launch of the IBKR Lite pricing plan places the brokerage in direct competition with both regional and global rivals in one of Asia’s most active investment hubs. The company said the service stands apart from other “zero-commission” offerings that tack on hidden charges.

Additionally, the broker expanded its collaboration with TipRanks, rolling out a broader suite of the firm’s tools and datasets to give clients enhanced analytics and insights for evaluating stocks and exchange-traded funds.