Reading that they charge 0.05% of trade value with a min of $4 up to $8000.
Example trade 250 shares of AAPL at $142 would = $17.75 commission from a UK account.
Trade this 250 shares AAPL at $142 would = $1.25 commission (0.005 cent per share) from a US account.
Or have I misunderstood their pricing?
All Stock and ETF orders executed with IB SmartRoutingSM on venues in Belgium, France, Germany, Spain, Italy, Netherlands, Switzerland, United Kingdom3
FIXED
EUR-denominated1
EUR 3.00 for trades up to EUR 6,000
0.05% of trade value for trades over EUR 6,000
GBP-denominated
GBP 3.00 for trades up to GBP 6,000
0.05% of trade value for trades over GBP 6,000
CHF-denominated
CHF 5.00 for trades up to CHF 10,000
0.05% of trade value for trades over CHF 10,000
USD-denominated2
USD 4.00 for trades up to USD 8,000
0.05% of trade value for trades over USD 8,000
Example