IB Ideal Forex Conversion

Discussion in 'Interactive Brokers' started by Nasdaq5048, May 26, 2006.

  1. That's gotta be the best thing out there. Here is another question i have. For IDEALPRO, i can buy japanese yen on 5% margin. So, say i put up 5K USD for 100K USD worth of japanese yen. Let say i now have 11.2 Mil yen (112.00 * 100K) on IDEALPRO. Is my buying power in japanese stocks actually 5K USD or 11.2 Mil yen ?
     
    #11     May 28, 2006
  2. ^ that's a good 1; free leverage fallin' off da sky, ROFRORLAWAFFLE
     
    #12     May 28, 2006