Thanks Hurricane, you all helped me a lot, because IB's service just sucks :) I'm used to excellent TOS customer service, looking to opening another account with IB though
thanks for your help guys, starting to get everything. But still how do they calculate 1.61% if let's say I hold overnight? And if I open my account in euros, can I later change my account capital to dollars and keep it that way?
Thanks for addition LeeD, really helpful. So let's say I have 8000e and 3 day trades and suppose I day trade with all my capital, that's $10k*3 day trades= have used $30k for a week, am I right? So how do I calculate that 1.61%? They're not going to charge me 1.61% for $1440000/year (meaning...
thanks for your reply, this all looks too complicated to me, I'm probably just going to keep all my capital in US dollars and pray it doesn't become toilet paper
Hi,
I'm planning on opening an account with IB. I trade US stocks, but as I'm from Europe and the dollar is unreliable, I'm planning to have euros in my account and then trade in US dollars.
Maybe somebody has this kind of experience with IB? How expensive would it be to exchange currencies...