Does IBKR allow for setting FXCONV in HotKey?

Discussion in 'Interactive Brokers' started by salamanderforex, Feb 12, 2021.

  1. Hi,

    Anyone know if I can have a HotKey that can include FXCONV and not IDEALPRO for a forex order?

    I don't see the option when I try to create this type of HotKey on IBKR. I only see Destination SMART and DEFAULT and not even IDEALPRO but order goes as IDEALPRO.

    Thanks,
     
  2. Why, for what? Conversions are by definition customized transactions where latency does not matter at all. It's literally 3 or 4 mouse clicks to do an internal fx conversion of your funds.

     
  3. HotKeys are not made because of latency.
     
  4. what are they made for?

     
  5. Not related to my question. Open a new thread to ask if you have a question; don't hijack this thread.
     
  6. Your question makes no sense which is what I tried to gently point you to, hence you got so far no answers. You don't need shortcuts to convert fx balances. You need hotkeys to trade where latency matters. Needless to say, with latency I mean the time from order submission to hit the order book.