IB currently offers an unbundled commission structure for European stocks traded on German and Swiss stock exchanges. Customers may take advantage of reduced commissions based on the volume traded on a monthly basis across all European exchanges currently offered under the unbundled model.

The European Unbundled Stock Commission tiers are based on the Monthly Trade Value as expressed in EUR. When calculating the Monthly Trade Value in EUR, IB converts any non-EUR denominated trade eligible under the unbundled commission rules to its EUR-equivalent using the most recent exchange rate. In this way, stock trades denominated in non-EUR currencies will be counted towards the monthly value for commission breaks.