OP was trading below IB FXPRO minimum lot size. A convenience to IB customers for currency conversion. You are told when putting the currency conversion on not to expect an immediate fill even if you see your price trade through.
Yep you are correct. Normal when you trade through, the limits are all gone. I think the OPs original issue is being in FXPro and the minimum lot size which is 1/10th a normal lot. So he got thrown in some bundles. One way in stocks would be for there to be odd lots. An odd lot trades through your price but the rest of the trade (on the other side) did not. One should look at the volume of the trades. In the end, if a LMT does not execute when it should, change it to MKT. IB has a dedicated hot key for LMT->MKT.
I'm not familiar with micro lots, so can't comment. But still, that sounds whacky to me. Here's what I think is really happening. When you click and send a limit order, IB is not routing that order to the market, but keeping it on their book. Essentially, they're the counterparty and they are trading against you. They're acting as a bucket shop with their own ticker tape. Whether that is legal or not, I cannot say. But that's the only way you can explain why your limit order was never executed.
Possibly but I've never heard of micro-lot traders worrying about their small orders being broken up into even smaller orders.
Your logic makes sense but then this from search on min lot size What is the minimum lot size in FxPro? 0.01 In FX, 1 lot = 100,000 of the base currency of the traded pair & the minimum trade size is 0.01 (micro lot) Leverage multiplies your buying power, allowing you to trade a larger trade value than your deposit. Double-edged sword- The higher the leverage, the more risk you are taking, so leverage should be used with care. So instead of trading .01 I was trading .1 (10/100k) which is much above the min lot size.
What currency were you trading? On Eurodollar fx for FXPRO pricing you have to trade 20k. You are doing a currency conversion which is different.
Currently USDJPY......few minutes ago .........market bid price 142.365, limit sell 142.35, took 2 seconds to give a fill of 142.355.........also sometimes says order partially filled. That's very strange for mere 10k size. Also have done currency conversion before and system specifically asks "if it is a currency conversion" but during trading it has not asked same Q even once in last dozen times or so or even more.
The minimum size for dollar yen on FXPRO is 25k. You are doing an odd lot currency conversion even if you do not select currency conversion.
%% Perfect post Perfect doesn't just mean 100% target hits, no one does that all the time anyway; Perfect can also mean mature. Looking @ both sides of the trade-investments helps also; who wants to work for nothing??