Open Account
mob menu
Fees FAQs

Fees FAQs

VISIT OUR KNOWLEDGE BASE

Does Ironbeam charge account maintenance fees?

No. There is no fee for simply having an account with Ironbeam.

What commission rates does Ironbeam charge?

Commission rates vary by account type and volume. You can view current rates on our commissions page.

What service fees should I know about?

Some account actions carry fees. For a full breakdown of current service fees, visit our fee schedule. Commonly asked-about fees include wire transfers, overnight check delivery, risk liquidation, account transfers, and phone orders. There is no charge to transfer funds into your account or to open an account.

Are there fees for placing orders by phone?

Yes. Phone orders carry a per-order fee for orders placed or modified. Cancellations by phone are free. See the fee schedule for current rates.

What happens if my account is liquidated due to insufficient margin?

A risk liquidation fee applies per contract if Ironbeam liquidates positions in your account due to a margin deficiency. You can view this fee on our fee schedule. To understand how margin requirements work and how to avoid liquidation, visit the Ironbeam Knowledge Base.

What are the fees for market data?

Market data fees depend on the exchanges and data packages you subscribe to. Current market data pricing is available on our market data fees page.

Where can I find exchange fees for each contract?

Exchange fees are set by the individual exchanges and subject to change, so Ironbeam does not publish a static list. Email [email protected] for a detailed breakdown of exchange fees on any market we offer.

Does Ironbeam charge fees for transferring my account to another broker?

An outgoing account transfer fee applies if you move your account to another broker. Incoming account transfers are free. See the fee schedule for the current amount.

Are there fees for wire transfers?

Incoming wire transfers are free. Outgoing domestic and international wire transfers carry a fee. Overnight check delivery also carries a fee for both domestic and international. Standard check issuance is free. Full details are on the fee schedule.

Visit the Ironbeam Knowledge Base for platform guides, margin education, and trading resources.

Disclaimer: There is a substantial risk of loss in trading commodity futures and options products. Losses in excess of your initial investment may occur. Past performance is not necessarily indicative of future results. Please contact your account representative with concerns or questions. The information contained here is accurate to the best of our knowledge at the time of this writing. However, various circumstances may change over time which could affect the accuracy of the information presented. Ironbeam Inc makes no guarantees and recommends verifying details before making any decisions based on this content.

By Ironbeam| April 9, 2019| Trader Education| 2 Comments

2 comments

Leave a Reply

Your email address will not be published. Required fields are marked *