I have my IB acct set up in USD as my base currency. If I wanted to change it in Euro base what should I do? Any suggestions greatly appreciated
I am interested as well. only my base currency would be Euros and would like to change it to US$. please see this thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=26453&perpage=6&pagenumber=3 thanks
thanks. but would it be possible to convert the Euro balance to a US$ balance through an IDEAL transaction and withdraw the money? thanks
yes, according to def: http://www.elitetrader.com/vb/showthread.php?s=&postid=401757#post401757 - jaan
I believe IB recently added the capability to wire money out in other than the base currency. The website may not have been updated yet. I just went to my Account Management page to set up a wire transfer and IB asked me to select the currency. ACH is another matter - looks like USD only, or defaults to base currency.
Thus, if you have a USD account, convert your USD to EUR, and can wire out your EUR, then it seems there is not much point in opening a new account simply to change the base currency to Euro. But that is stating the obvious ...