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Interactive Broker report released May 2023!

Interactive Broker released its May 2023 report showing a decline in average commissions, while DARTs and client accounts achieved odd-digit growth.。

In its May 2023 report, DARTs and customer accounts became the focus of Interactive Brokers。The US-based trading platform revealed that DARTs had risen in May 2023, with the number increasing by 5%.。May 2023 DARTs are now 1,860,000。

Singular growth also extends to customer accounts。The number in this category increased by 2% to about 2.$260,000。

Customer accounts remain impressive on an annual basis; however, this is not the case with DARTs。Compared with the same period last year, the volume of transactions fell by 19%.。The only thing that keeps people optimistic is that DARTs are in decline in March 2023, with a number of 2.05 million。This is a monthly decline of 16%, but manageable on an annual basis.。

In April, DARTs reached 1,765,000.。The decline in average commissions is further evidence of this。Customer equity rose 1 percent from the previous month to 3.$45.1 billion。This marks a 10 percent increase compared to the same month last year.。The amount owed by clients to brokerage firms has risen。The figure was $39.5 million, up 1 percent year-on-year - an important increase nonetheless.。

Money owed to brokerage firms comes from leveraged traders.。Because settlement customer margin loan balances fell by 10% compared to the same period in 2022。Decline in credit balances for settlement customers。The value of the category was $98.7 billion, down 1 percent year-on-year.。The figure for April 2023 was 99.$200 million。Compared with the same period last year, an increase of 8%。

Interactive Broker, one of Canada's best forex brokers, saw its commissions drop。The amount of each order is 3.$08, down 3% from April 2023。This covers fees related to clearing, trading and regulation。

According to the report, here is a detailed breakdown of the commission:

- Average $1 per 1,103 shares.95; - per 6.6 Equity Options $4.43; - every 3.3 futures contracts for $4.36。

Interactive Broker estimates that clearing, trading and regulatory fees account for approximately 57% of futures commissions。

In March 2023, Interactive Broker's commission was 3 per order..21美元。This is relative to the February 2023 commission 3.The rise of $12。However, this does not take into account the situation in which all costs are included。

Founded in 1977, Interactive Brokers has evolved and adapted to the trend of modernization.。As cryptocurrencies attempt to enter mainstream markets, many wonder if Interactive Brokers is safe。Rest assured that the company is headquartered in Greenwich and complies with regulatory requirements to ensure safety in the global market.。Stay tuned for the June 2023 report, expected in the first week of July 2023。

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