Help me understand the AEB (Stock - NL) commission in IBKR

[juliepeasandlove]

Hello

• Trying to buy: SPYL ACC EUR- AEB (Stock - NL).
• IB Base currency: EUR
• ETF Currency: EUR
• IBKR Pricing Plan: IBKR Pro
• My expectation: low commission. AEB commission: https://www.interactivebrokers.com/en/accounts/fees/combinedEurStkFees.php

Screenshot of IBRK

Examples:

• 1 000 EUR - 1 013.56 - 1.36% (Comission)
• 10 000 EUR - 10 108.28 - 1.08% (Commission)
• 50 000 EUR - 50 540.49 - 1.08% Comission)

Why commission is so high?

UPD: When i did real order comission was 3-4 euros

 

[roberto83]

@juliepeasandlove Where did you get the examples?

 

[juliepeasandlove]

@roberto83 from IB, just tried to make and order

https://preview.redd.it/qlrkhnvk1ax...bp&s=829a7db030aac616be300f1b6cf1e612383b64b8

 

[juliepeasandlove]

@roberto83 https://preview.redd.it/52i58ydm1ax...bp&s=5f86ed33898b5cbf719434f2f9c869b46c1b3ee4

 

[roberto83]

@juliepeasandlove Even if it’s a limit trade you won't be able to send an order with all your money. I don't think IBKR knows the commission right away. So it will probably not charge you that.

 

[twointwomillion]

@juliepeasandlove you do realize you're setting a limit order way below the bid and ask spread right?

 

[juliepeasandlove]

@twointwomillion Yes, that was "test" order check the comission

 

[twointwomillion]

@juliepeasandlove try to make a proper order instead.

 

[juliepeasandlove]

@twointwomillion https://preview.redd.it/0gwwpda32ex...bp&s=1fa6199d57442e26d21589fc5d0f24f70dcc3d9b

Same comission.

 

[twointwomillion]

@juliepeasandlove same issue, you didn't make an order. you don't even have the sufficient money in your account to do so.

Again, make the order, not a "test" .

 

[juliepeasandlove]

@twointwomillion you was right, when i did real order comission was 3 euros

 

[twointwomillion]

@juliepeasandlove by the way, you didn't even show what the actual commission is.

look at the item labeled commision

commision: €xxx.xx

 

[job8732]

@juliepeasandlove i bought 100 spyl on aeb on friday and it was 1.31

 

[job8732]

try to buy full shares instead of putting an amount

 

[juliepeasandlove]

@job8732 Same:

https://preview.redd.it/ia664kuy1ex...bp&s=3f3ec9d8c6e0701c854dc241c88f09cc8f474b12