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Currency Exchange

Before buying stocks, check the currency in which they are listed. Exchanging currency in advance allows you to control the process and get a better price.

There are two ways to do it:

1st - First method

  1. From Portfolio -> Positions
  2. Click on the currency you want to exchange

IBKR Currency exchange from Portfolio Positions

A tab will open on the right (like when opening an order):

  1. Select the target currency (for example, USD).

IBKR Currency exchange from Portfolio Positions

  1. Enter the amount.

IBKR Currency exchange from Portfolio Positions

  1. Review the commission in “Preview”.

IBKR Currency exchange from Portfolio Positions

  1. Confirm the operation by clicking “Submit”.

2nd - Second method

  1. From Trading -> Convert Currency

IBKR Currency exchange from Order Ticket

  1. Access the menu and perform the conversion similar to the previous step.

IBKR Currency exchange from Order Ticket