#53 of 115 in the US ranking · Broker / app

Interactive Brokers Review (October 2026): Fees, US States and Licenses

Best for: Low-commission crypto beside stocks

5.4/10

US access 20%9.0
Regulation 20%0.0
Security record 15%7.0
Cost 15%5.0
Range 10%6.4
Popularity 15%5.6
Data quality 5%7.0

By Vahe Hakobyan Verified October 5, 2026 Medium confidence No affiliate links

Taker fee— Not verified
US states— Not verified
New York— Not verified
Coins20
CustodyCustodial
App Store4.5 ★ · 12K

Our verdict

Interactive Brokers lets brokerage clients trade 20 cryptocurrencies through linked accounts at Paxos Trust Company or Zero Hash LLC. Commission is 0.12% to 0.18% of trade value with a $1.75 minimum per order and no added spread, markup or custody fee. Trading runs 24/7 and coins can be transferred in from external wallets. Crypto holdings are not SIPC-protected.

Pros

Commission of 0.12%-0.18% with no added spread
Crypto held by Paxos or Zero Hash
24/7 trading with deposits from external wallets

Cons

Only 20 cryptocurrencies
$1.75 minimum makes small orders costly
Crypto balances not covered by SIPC

Interactive Brokers fees

Maker / taker: — Not verified
Simple buy: Commission 0.18% of trade value (first $100,000 monthly volume), $1.75 minimum per order capped at 1% of trade value; no added spread or markup
Volume tiers: 0.18% up to $100K monthly volume; 0.15% $100K-$1M; 0.12% above $1M. Commission-based, not maker/taker.
ACH deposit: — Not verified
Wire deposit: — Not verified
Card purchase: — Not verified
USD withdrawal: — Not verified
Crypto withdrawal: — Not verified
Other fees: Paxos account fee $0.15 per month (pass-through); no custody fee
Minimum deposit: — Not verified

Is Interactive Brokers available in my state?

IBKR offers 20 cryptocurrencies through linked Paxos Trust Company or Zero Hash LLC accounts at 0.12%-0.18% commission (pages read Oct 5, 2026); state exclusions not published on those pages.

The list of states this platform serves is not verified yet.

New York: — Not verified
ID check (KYC): Yes
Withdraw crypto: — Not verified
Funding: — Not verified

Is Interactive Brokers regulated?

US operator: — Not verified
Parent company: — Not verified
State licenses: — Not verified
New York license: — Not verified
Founded: 1978
Headquarters: Greenwich, CT, USA

How secure is Interactive Brokers?

Proof of reserves: — Not verified
Audits: — Not verified
Insurance: Digital assets held with Paxos or Zero Hash are not protected by SIPC

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on Interactive Brokers

Spot
Advanced trading
Stocks & ETFs

Crypto trades 24/7 after the Paxos or Zero Hash account is funded; supported coins can be transferred in from external wallets. Outbound withdrawal terms were not confirmed on the pages read.

Apps: Web, iOS
Support: — Not verified

Interactive Brokers FAQ

What are Interactive Brokers's fees?

Simple buy: Commission 0.18% of trade value (first $100,000 monthly volume), $1.75 minimum per order capped at 1% of trade value; no added spread or markup.

Does Interactive Brokers require ID verification?

Yes. Interactive Brokers verifies your identity before you can trade.

How many cryptocurrencies can I trade on Interactive Brokers?

About 20 cryptocurrencies are available to US users, per Interactive Brokers's official asset list.

Alternatives to Interactive Brokers

Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.