How can I exchange EUR to USD on Interactive Brokers without going through FXCONV?
How can I exchange EUR to USD on Interactive Brokers without going through FXCONV?
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Franck Dernoncourt · External communityPost link
External question — Personal Finance Stack Exchange
Author: Franck Dernoncourt
Original post: https://money.stackexchange.com/questions/156323
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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I'm looking at this Interactive Brokers account:
The cash position is 77,535.00 EUR. Interactive Brokers say it's worth 84,755.45 USD. xe.com
agrees
with that estimate. However, converting 77,535.00 EUR to USD via FXCONV (where Interactive Brokers is routing such orders by default) only brings 84,565.42 USD, which is a 190.03 USD less than 84,755.45 USD. Therefore, I don't thing going through FXCONV is optimal.
How can I exchange EUR to USD on Interactive Brokers without going through a FXCONV?
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Franck Dernoncourt · External communityPost link
External answer — Personal Finance Stack Exchange
Author: Franck Dernoncourt
Original post: https://money.stackexchange.com/a/156328
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
One can use the Interactive Brokers Trader Workstation (TWS) to
choose the destination
:
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Quoted from Forex.com.bd-Editorial External answer — Personal Finance Stack Exchange Author: Franck Dernoncourt Source score (net votes, not local likes): -1 Original post: https://money.stackexchange.com/a/156328 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. One can use the Interactive Brokers Trader Workstation (TWS) to choose the destination :
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