Recent content by Star912

They got back to me and apparently I was in violation of the free riding rule. About real time settlement, I understand I will no longer be constrained by such rules anyway if I switch to a margin account.

Hi, I have a cash account. Today I closed a largish LSE stock (ETF) position. Then I tried buying EUR.USD (not CFD as far as I know) just so I would have an EUR balance in my account. I ultimately discarded this order before transmitting it. Now, I'm not sure whether this has anything to do...

I'm thinking of eventually upgrading to margin as well, so please let me know if you or anyone else figures it out.

Thanks, seems the correct solution is to use Wire Transfer (although it will not work with most brokers, who want the incoming transfer to be in your own name).

Hi, I want to transfer a small amount of cash from IBKR to another broker in Europe. So I went to Settings > Transfer & Pay > Transfer Positions > Outgoing > DWAC and it seems I can only select Stock/Warrant/Bond as asset to transfer. Is it possible to achieve want I want to do? Should I have...

I should have noted I have a cash account. So I simply create a new forex order to buy EURUSD (let's say 5000 EUR with USD) and then I would be able to withdraw them? Thanks

My base currency at IBKR is USD. I would like to have an EUR sub-account where I would transfer/convert some USD (at a good broker rate) from my main account so that I could later withdraw some EUR. Is this possible? I know at OANDA I could have as many sub-accounts as I wanted in any major...

It's the commission, I've done the calculation and the price exactly matches the one with the commission added.

Or maybe this is because the "Average Price" there includes the commission paid for the trade as well? Thanks

Hi, I'm paper trading now, buying an ETF with a limit order (LMT) of let's say 5.055. The order fills successfully and then I go to "Account Window". There, when I look at my position I see an "Average Price" like 5.073. Why is this happening? Shouldn't my "Average Price" be equal or smaller...