Hi,
A couple of months I started live trading. My paper account did not work so with some support I changed it to a USD base currency. I guess that I already wired EUR's to it. The results were not that good so I stopped the algorithm and left the bought ETF on the account. Mr. Draghi is buying all the bad money from the banks on behalf of the tax payers here. So the USD/EUR would change in my benefit....however....
It turns out that I got significant FX losses due to the fact that the account is still EUR although it states USD. I need to check if warnings for a currency translation did occur. I believe so. But for those also at the other half of the planet.
I believe the documentation below should at least be updated to inform for this situation.
J.
What currency do you support?
The open beta only supports IB accounts with USD for the base currency. If you want to use an additional currency, you can add it as the funding currency to your IB account.
If you have an institutional IB account, you can create a separate base currency for each sub-account.
