Two questions in regards to trading forex on IB and interest.

Discussion in 'Retail Brokers' started by bxptone, Apr 7, 2008.

  1. bxptone


    When, if, you earn interest say going long the AUD/USD. How is interest paid and how long do you need to hold a currency to start accruing interest? Thanks.
  2. As far as I am aware it's calculated daily and appears in the statement under interest. They have a section on their site that describes the interest payments, apparently there needs to be greater than $10 000 in the relevant currency.