Do you trade spot FX with IB?

Discussion in 'Forex Brokers' started by datamerc, Dec 10, 2007.

  1. If the P+L is positive a USD balance then I see no point in converting it to CAD or whatever currency the account is in, unless you think the USD will go down.

    If you are negative USD I assume you will be charge interest on the negative balance and only collect interest on anything above $10,000 USD in your home currency.
     
    #21     Jan 7, 2008
  2. Tuneman

    Tuneman

    They have 50:1 margin right?


    So if i put in an order for Sell 100,000 worth of dollars and buy x number of CAD, then I should only see a 2,000 decrease in available funds?
     
    #22     Jan 8, 2008