Interactive Brokers Group Reports Strong Brokerage Metrics for November 2025
Interactive Brokers Group, Inc. (Nasdaq: IBKR), a leading automated global electronic broker, released its monthly performance metrics for November 2025, showcasing robust growth across multiple key indicators. The figures highlight the firm’s ongoing success in attracting new clients and facilitating increased trading activity.
1. Key Brokerage Metrics
Several notable metrics were reported that illuminate the company's performance for the month:
- Daily Average Revenue Trades (DARTs): Interactive Brokers recorded 4.273 million DARTs, representing a 29% increase compared to the same period last year, although it saw a 4% decrease from the previous month.
- Ending Client Equity: The total client equity reached $769.7 billion, marking a 34% increase year-over-year and a 2% decrease from October 2025.
- Client Margin Loan Balances: Ending margin loan balances stood at $83.3 billion, which is 38% higher than the previous year, with a slight 2% increase from the prior month.
- Client Credit Balances: The total credit balances climbed to $154.0 billion, including $6.2 billion from insured bank deposit sweeps, reflecting a 30% year-over-year growth and a 2% decline month-over-month.
- Client Accounts: The firm reported 4.311 million client accounts, a significant 33% increase from last year and a 2% rise from October.
- Average Cleared DARTs per Client Account: There was an annualized average of 214 cleared DARTs per client account for November.
- Average Commission per Cleared Commissionable Order: The average commission was noted at $2.62, which includes exchange, clearing, and regulatory fees.
2. Detailed Breakdown of Trading Activity
The trading activity for November revealed interesting trends across various product categories:
| Product Type | Average Order Size | Average Commission |
|---|---|---|
| Stocks | 809 shares | $1.94 |
| Equity Options | 6.6 contracts | $3.84 |
| Futures | 2.8 contracts | $3.82 |
Notably, futures transactions, which also include options, suggested that exchange, clearing, and regulatory fees represent approximately 58% of the total futures commissions.
3. Financial Insights and Execution Costs
In a move towards transparency, Interactive Brokers provided insights into the trading execution costs for IBKR PRO clients:
- The average U.S. Reg-NMS stock trade was valued at $22,756 in November.
- The total cost of executing and clearing these stocks through Interactive Brokers was approximately 3.0 basis points of trade money, slightly better than the 2.8 basis points net cost over the last twelve months.
Cost and Performance Metrics
To better understand the costs associated with trading, the firm reported a detailed breakdown of trade expenses, which included:
- Total Commissions & Fees: Reached $47.4 million for November, contributing to a total trade expense of $246.6 million.
- Execution Cost: When looking at the execution costs, the total was $199.2 million, demonstrating the efficiency of the trading platform relative to market benchmarks.
4. Global Performance and Currency Diversification
The value of the GLOBAL, reflecting the company's currency diversification strategy, saw a 0.05% increase in November and a 1.767% rise year-to-date. This approach is aimed at stabilizing the company's net worth against fluctuations in currency values.
5. Conclusion
The performance metrics for November 2025 illustrate Interactive Brokers Group's strong position within the electronic brokerage landscape. Despite minor month-over-month declines in certain categories, the overall year-over-year growth in client equity, trading volume, and account numbers underscores the firm's appeal to a diverse clientele. As the market continues to evolve, Interactive Brokers remains committed to leveraging technology and automation to provide superior trading experiences and outcomes.
