Recent content by makaveli_mo

Now at this point when I right click GBP and click close currency ballance under the market value option it gives me the ability to convert the money into the base currency which is usdollars in the demo version. Im assuming if I didnt convert at this point I would be able to send the money to...

when i use the fx conv functionality under market value I get usdollars as well as GBP. To change the functionality to fx conv however I click on the pair to buy or sell then instead of transmitting direct click cancel it appears under orders where i can modify it to fx conv then click transmit...

when conducting a trade it can be routed through ideal, ideal pro , and fx conv. From my research http://www.interactivebrokers.com/en/general/education/pdfnotes/PDF-FXTrader.php the functionality im looking for is FXconv and not routing the deal through ideal pro do you agree GC1

under account then market value real fx ballance in the demo im holding cash (im assuming) in both us dollar and gbp without opening a usdollar secondary account. GOSH IM SO CONFUSED

gc1 your base currency account will be in GBP would you need to open a secondary USD account in the ib broker platform in order to hold the funds. Wow im finding it a bit difficult working the software. Something that should be very easy for some reason I am finding difficult. Is there any...

gc1 have you done this previously using the fxconv option

Thanks GC1 just downloaded it im assuming the higher value trades automatically get routed to ideal fx pro. Do you have any experience of this sort of trade

By the way wouldnt the exchange rates be the same no matter how much the order size is typically about 2 to 3 pips from the mid market rate available on xe.com

hello there thanks for your response can you outline a detailed step by step guide on how to do this using the IB platform. Also which account needs to be opened as to my understanding there are various FX trading accounts with IB. Thanks

Update I understand that this is not possible to do via Barc FX and am now thinking of using IB brokers has anyone got experience using their trading platform

Hello there, Hope everyone is enjoying the bank holiday in the uk! My question is 2 fold A) is there anyone using the barcfx platform for fx trading here? Does anyone know the costs and the competitiveness of the spreads B) I would like to deposit a sum of money into my fx account say 10K GBP...

when i do buy the stocks they must convert my money right to buy a us stock

thanks bud id really appreciate it if i could add you to msn or something. By the end of the week that stock will probably be back up again

Sounds great man how long would it take to set up and fund my account. Also if I buy us dollars wouldnt it be a good idea for me to shop around and get a good rate on the conversion. Thanks for looking at my thread bud. By the way im liking your ride.

pmn im in the same situation have you been able to find out more about this?