My a/c with IB is in base currency of GBP. All the time I earn some income in EUR and USD. My GBP net fluctuates depending on exchange rates. Periodically I can convert EUR and USD to GBP manually. But is there a procedure where IB will covert them automatically at the end of the day all my balances from EUR and USD to GBP? Thanks for the information. I am trying to avoid currency fluctuations.
there will be always some small rest after a conversion that has influence on the "FX portfolio". as you dont want that smallest rest to see it in the FX trading windows you can do that: -open your account windows -open the fx portfolio -there you see the small rest -right click on that line -choose adjust position and cost -you can do whatever you want , it does not have any inpact on real positions, only has influence how it apears on your account or position windows -out in 0 on position or avg.price -OK then it should be clean . Dont know if that helps... euro