On some exchanges, different products have different trading hours.
Standard orders submitted through IdealPro are subject to minimum and maximum size restrictions. Customers who wish to submit orders in quantities greater than the standard order maximums can request to gain access to IB’s Large–Size Order Facility. In addition to allowing submission of FX orders greater than the stated limits, the Large–Size Order Facility allows customers to RFQ (Request for Quote) for an FX pair specific to the order quantity entered. Please contact Client Services or your IB Sales Representative to see if you qualify for the Large–Size Order Facility.
U.S. Clients with IBLLC accounts, and Fully Disclosed Broker Clients from the U.S. generally must be Eligible Contract Participants to be eligible to trade Cash Forex. An Eligible Contract Participant is generally an individual or organization with assets of over $10 MM (or $5 MM if trades are hedging). The complete definition is located in Section 1a(18) of the Commodity Exchange Act. For more information about the Commodity Exchange Act, see the U.S. Commodity Futures Trading Commission website, or read the complete definition here.
Click here for the Holiday Calendar. Traders should note in the event one currency of a currency pair has a settlement holiday, the settlement will be delayed until both currencies are available for settlement. In addition, most currency pairs will not settle on a USD settlement holiday. This treatment is regardless of whether USD is part of the transaction directly.
IDEAL FX includes a suite of FX execution services including IDEAL and IDEALPRO.
Additional information about your retail Forex transactions is available in
Account Management (see KB2878), including information required under NFA Rule 2-36(o) about retail Forex trades in the same currency pair as any retail leveraged Forex transaction you executed in your IB account. We can provide this information for trades executed within the 15 minutes immediately before and after your trade. This information is available for a period of 6 months
after your trade.
Gold and silver trading is not available to legal residents of the US, Canada, Australia, Japan, New Zealand or Hong Kong.