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What you are seeing is the commission value in the counter currency, in this case the JPY. Convert it to USD and you'll see it is equivalent. The IB platform is not the best for learning FX trading. You may want to open a paper trading account at one of the "friendlier" FX companies that...

Regarding some of the more "predictable" market moving events, I accept those as part pf the trading risk. Part of my pre-trade checks are to review and note previous and upcoming events that may move the day's market. I have the luxury of treating this like a second job so if the days...

Greetings, I've been solely trading FX for a few years now and after a few hard knocks I've settled into a daytrading strategy best suited for my trading style that has yielded a respectable level of success. I folllow a comprehensive and disciplined trading plan that includes money...