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For VIX spreads: IB commission = $0.65/contract CBOE exchange fee (Complex VIX, Premium > $2.00) = $0.45/contract The above fees work out to roughly $0.05/contract 0.65+0.45+0.05 = $1.15/contract or $2.30/spread

My experience is that trading VIX spreads in IB is slightly cheaper than trading individual legs in isolation. This is a recent fill from yesterday. The per-contract cost turned out to be $1.08. But even at these levels it's true that IB comms will eat into this strategy's profits, as J10 said.

Hi, I’ve only been trading it for a short time now, and the strategy doesn’t trade very frequently, so it is still too early for me to draw any real conclusions. After all, I have only completed 2 trades thus far. IBKR commissions are substantial, there’s no doubt about that. Expect to pay around $1.15 per contract (or $2.30 per spread). Commissions will definitely eat a significant chunk of your returns. That being said, I am net positive on the system thus far, despite these high commissions.

Can you give an update? How is it going with IBKR? Is it reasonable with the commissions?