Interactive brokers close forex position

Open topic with navigation. This section shows activity only for currency pair trades.

The "Position" value may reflect the sum of trades executed in the FX market plus conversions to convert non-base funds into your base currency. To avoid having currency conversions reflected in this panel, use the FXCONV destination on the order line. When the FX Portfolio panel is displayed, currency positions will also be displayed in the trading window. To remove currency positions from display, condense the FX Portfolio panel by clicking the arrow to the left of the panel title.

An exchange on which the pair trades. This may not be the executing exchange for the trade. The sum of trades executed in the FX market for the selected currency pair.

The difference between the trade price and the market price times position, including commission. Last liquidation "Yes" or "No" tag.

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If set to "Yes" this position will be put at the end of the queue to liquidate last in the case of margin requirements.

To set, use the right-click menu on the desired position.

While IB provides customers the opportunity to pre-request the order of liquidation in the event of a margin deficiency in their account, such requests are not binding on IB.

Customers are encouraged to consult the IB Customer Agreement and the IB Disclosure of Risks of Margin Trading for further information. TWS FX Dual Presentation. We separate out your actual currency values, which may result from FX trades, conversions, or trading products in another currency, from your direct FX pair trading activity. Market Value - Real FX Balances.

FX Portfolio - Virtual FX Position. To manage actual currency positions, refer to the Market Value - Real FX Balances section of the account window. Automated FX Transaction Decision.

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When you submit an FX order, TWS will attempt to identify whether you want an FX pair trade or a currency conversion, based on your positions and balances, and will ask you how you want the currency trade to be considered. You submit the order manually, and when the order fills your virtual position in the FX Portfolio section will not be affected. Previously, conversions would affect the virtual position and your only option was to manually adjust the position and cost to negate the completed conversion.

If you prefer to let TWS make this determination without displaying the confirmation box, check Let TWS make this determination automatically in the future at the bottom of the confirmation box. When you activate this feature, FX trades will display FXCONV as the Destination. You can change the destination on a per-order basis by selecting IDEALPRO.

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To enable the message again, activate it from the Messages section of Global Configuration. Note that the order is not transmitted automatically. Position x market price. Real-time price of the position. Average price per contract.