IB Universal , cost for scalping.

Discussion in 'Retail Brokers' started by ChrisCha, Jan 22, 2004.

  1. ChrisCha

    ChrisCha

    For accounting reasons, I am interested in this, an account held in a single currency.

    I dont really understand how they do it, wether they convert on each day or each trade...

    Could anyone tell what is the real cost of this for scalping stocks ?
    How much does it add, per share ?

    Thank,


    Chris
     
  2. as I understand margin interest is applied only to overnight borrowing (losses too ...)

    otherwise gains/losses can be transferred using their FX system as triggered
     
  3. Do traders pay interest on intraday margin usage at IB (borrowing during trading hours only)?
     
  4. H2O

    H2O

    No