Trading Fees Rise: IEX Ports Cost More Starting October 1
Published Date: 9/16/2025
Notice
Summary
IEX is raising fees for its logical order entry ports, which traders use to send and receive trade orders. This change affects anyone using IEX’s order entry system and kicks in on October 1, 2025. If you trade on IEX, expect a bit higher costs starting then!
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
IEX raises order-entry port fees
If your firm uses IEX logical order entry ports, the monthly fee for ports beyond the free allowance rises from $250 to $450 per port, and the number of free ports per subscriber falls from five to three. These changes take effect October 1, 2025; under the proposal about 6% of current subscribers would pay $450/month for a fourth port and about 14% would pay $900/month for a fourth and fifth port.
Certain ports remain free (DR, test, drop copy)
IEX will continue to provide ports for its Disaster Recovery Data Center, IEX Testing Facility, drop copy ports, and market data ports free of charge, and Disaster Recovery/Test ports do not count toward the three free Order Entry Ports. This remains in effect as of October 1, 2025.
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