Is there one? Or can one scale as much as the market depth will allow?
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Max. Order Size on IDEAL Pro?
- Thread starter short&naked
- Start date
for EUR max = 5.000.000
http://www.interactivebrokers.com/e...?exch=ibfxpro&showcategories=FX&ib_entity=llc
http://www.interactivebrokers.com/e...?exch=ibfxpro&showcategories=FX&ib_entity=llc
IB's listed maximums are for a single order...so yes you can enter large positions.
If you are trading such size then you can easily afford a good front-end like Buttontrader...which allows you to enter how ever big of size you want and it will automatically break the order down into smaller orders that execute instantly.
ie enter a 20 million buy for AUD, will split the order into 8 mill, 8 mill, and 4 million and execute them all (assuming the offer is there to fill this)
If you are trading such size then you can easily afford a good front-end like Buttontrader...which allows you to enter how ever big of size you want and it will automatically break the order down into smaller orders that execute instantly.
ie enter a 20 million buy for AUD, will split the order into 8 mill, 8 mill, and 4 million and execute them all (assuming the offer is there to fill this)