XAU/JPY

Discussion in 'Interactive Brokers' started by SoCalOptionsWriter, Feb 5, 2024.

  1. How do I trade this gold-FX pair at IB? Or even XAU/USD?
     
  2. maxinger

    maxinger

    Your Q is too general.

    Anyway, trade it like any other futures/CFDs;
    up trend - buy low sell high
    down trend - sell high buy low
    no trend -sit on your hands
     
    Last edited: Feb 5, 2024
  3. IB withdrew from the US retail forex market back in 2016.
    Per Google;
    Interactive Brokers Group, Inc. (Nasdaq: IBKR), has notified its clients that starting September 1st 2016 only people with assets of over $10 million will be allowed to open leveraged forex positions with the firm.

    Options appear to be either find a US Forex broker that offers the market you want to trade, or pick something close like Gold futures offered by IB. - Lou
     
  4. Thanks. Can’t believe I didn’t know this.
     
  5. eleanorK80

    eleanorK80

    Just log into your IB account, search for XAU/USD, and hit trade. Make sure your funds cover it. Any issues, give IB a shout for help. your question is too general.
     
  6. Nope. I had tried that already.
     
  7. shmvls

    shmvls

    only XAUUSD is available, as commodity and CFD.
    make sure your permission for trading Metal commodity, CFD is configured and approved by IBKR.

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