Interactive Brokers fees (ETFs) - Tiered vs. Fixed

	A	B	C	D	E	F	G	H	I	J	K	L
1	Interactive Brokers
2	YouTube					Type here how much you are going to invest (make a copy of the sheet first!)
3	Original Source (outdated)				sum to invest (ETFs)	500	1000	2000	2500	4000	5000	10000
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5	tiered pricing fees
6	eg. NBBO smart routing via IBIS		min (EUR)	max (EUR)		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	5
8	IBIS exchange fee	0.0024%	0	48		0.012	0.024	0.048	0.06	0.096	0.12	0.24
9	fixed clearing fee	100%	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	0.1
11	regulatory fee	100%	0.01	0.01		0.01	0.01	0.01	0.01	0.01	0.01	0.01
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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	5.38
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17	fixed pricing fees
18	fee (NBBO smart routing)	0.05%	3			3	3	3	3	3	3	5
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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	5
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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	-0.38
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29	Note: You can switch pricing model under Account Settings - IBRK Pricing Plan					Generally speaking, it makes sense to use tiered for trades below 6.000€ and fixed for trades above 6.000€
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