Brokerage Fee Calculator

Find out what your broker is actually costing you — and how much you'd save switching.

You could save $740.00/yearby switching to Interactive Brokers
Cost CategoryRobinhoodCharles SchwabInteractive Brokers
Annual commission cost$0$0$0
Spread markup (est.)$120.00$0$0
Account fees$0$0$0
Margin interest (20% margin)$1,200$1,325$580.00
Total annual cost$1,320$1,325$580.00
Margin rates: Robinhood 12.00%Schwab 13.25%IBKR 5.80%
Open Schwab AccountOpen IBKR Account

Margin interest calculation assumes 20% of portfolio on margin. Spread markup estimated per trade based on portfolio size. Rates as of 2025.