Interactive Brokers fees (ETFs) - Tiered vs. Fixed

	A	B	C	D	E	F	G	H	I	J	K	L	M	N
1	Interactive Brokers
2	How To Buy ETFs on IBKR (Video Tutorial)					Type here how much you are going to invest (make a copy of the sheet first!)
3	Fractional Shares & Recurring Investments				sum to invest (ETFs)	500	1000	2000	2500	4000	5000	5500	10000	20000
4
5	tiered pricing fees
6	eg. SmartRouting via IBIS (Xetra)		min (EUR)	max (EUR)		actual fees	actual fees	actual fees	actual fees	actual fees	actual fees	actual fees	actual fees	actual fees
7	IB fee	0.05%	1.25	29		1.25	1.25	1.25	1.25	2	2.5	2.75	5	10
8	IBIS exchange fee	0.0024%	0	48		0.012	0.024	0.048	0.06	0.096	0.12	0.132	0.24	0.48
9	fixed clearing fee	100%	0.03	0.03		0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
10	variable clearing fee	0.001%	0	5		0.005	0.01	0.02	0.025	0.04	0.05	0.055	0.1	0.2
11	regulatory fee	100%	0.01	0.01		0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
12	Note: If Gettex is used, you only pay the 0.05% IB fee!
13						This is how much it is going to cost with tiered pricing
14					total tiered fees	1.31	1.32	1.36	1.38	2.18	2.71	2.98	5.38	10.72
15					total tiered fees (Gettex)	1.25	1.25	1.25	1.25	2	2.5	2.75	5	10
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17	fixed pricing fees
18	IB fee (SmartRouting)	0.05%	3			3	3	3	3	3	3	3	5	10
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20						This is how much it is going to cost with fixed pricing
21					total fixed fees	3	3	3	3	3	3	3	5	10
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23
24						And this is how much you save by switching from fixed to tiered
25					saved	1.69	1.68	1.64	1.63	0.82	0.29	0.02	-0.38	-0.72
26					saved (Gettex)	1.75	1.75	1.75	1.75	1	0.5	0.25	0	0
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28
29	Note: You can switch pricing model under Settings - IBKR Pricing Plan				Generally speaking, it makes sense to use tiered for trades up to 5.500€ and fixed for trades over 5.500€
30	It can take up to 48h for the new pricing to be applied!
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