I am looking at my IB annual statement trying to figure out my FX P&L for last year. Could someone tell me how to read this statement? Just looking to get the net gain in USD to report on my tax return. My base currency is USD. Each currency shows sales and purchases in that currency but not in USD. I assume the answer is somewhere in the "Change in Position Value" section. That section also includes my stock and futures trades.
I won't be trading forex with IB again. This is too much trouble. Other brokers give you P&L in USD.
Yes, it is nightmare. I keep all my FX trades logged in excel to the penny...Still amazes me IB has yet to find a way to give us our FX PL to the penny each year. It's a black hole.