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Interactive Brokers

$0 (Lite) / per-share (Pro) stock commission · fractional shares · 24/5 overnight trading · options

Visit Interactive

Key capabilities

Commission
$0 (Lite) / per-share (Pro)
Fractional shares
Yes
Extended hours
Yes
Overnight (24/5)
Yes

~10,000 eligible · Broadest in industry — effectively all US equities

Options
per-contract pricing
OTC access
5/5 full, 0/5 limited
Penny-stock surcharge
Per-share pricing applies
Short locate
best

OTC market access by tier

OTC Markets organises non-exchange-listed securities into five tiers by disclosure quality. Interactive Brokers’s coverage:

  • OTCQXFull
  • OTCQBFull
  • Pink CurrentFull
  • Pink LimitedFull
  • Grey MarketFull

Notes

Broadest OTC access including pink/grey/foreign. Best short inventory for small caps.

Frequently asked

What does Interactive Brokers charge for stock trades?
$0 (Lite) / per-share (Pro) on stocks, with a per-share pricing applies penny-stock surcharge.
Does Interactive Brokers offer fractional shares?
Yes.
Does Interactive Brokers have 24-hour trading?
Yes — approximately 10,000 eligible securities (Broadest in industry — effectively all US equities).
Can I trade penny stocks and OTC names on Interactive Brokers?
Yes — full access to all five OTC tiers (OTCQX, OTCQB, Pink Current, Pink Limited, Grey).
What does Interactive Brokers charge for options?
per-contract pricing per contract.

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