Will my dividend automatically convert to my base currency?

Account holders may find themselves holding balances in currencies other than their designated Base Currency as a result of trades in products denominated in a different currency or from profits/losses directly associated with Forex trading. In these cases, IB does not act to automatically convert balances back to the Base Currency as this action would require assumptions as to the account holder's desired currency exposure as well as the trade price at which they would be willing to close the position.1 IB does, however, provide those account holders who are not active Forex traders an expedited 3 step process for converting such positions at an individual or aggregate currency level. These steps are outlined below…

No, IBKR will not automatically convert proceeds from sell orders into your base currency. If you sell securities denominated in a different currency, the proceeds will remain in that currency. You can manually convert the proceeds back to your base currency if desired…

An IRA account may trade products denominated in a currency other than the USD Base Currency, but such accounts are not allowed to borrow cash in any currency. Therefore, if you are looking to purchase a product denominated in a currency other than the Base Currency, you would need to first convert your Base Currency into the denominated currency of that product. …

Clients maintaining a cash or margin account opened via IBKR (Taiwan), are required to select their base currency when completing the account application process. While the account does not need to be funded in the base currency, funds below 5 USD or equivalent in any other supported IBKR currencies will be automatically exchanged to the preset base currency…