How much do you charge for spot currencies?

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The error message "Your order is not accepted. Minimum of 2,000 USD (or equivalent in other currencies) required in order to purchase on margin, sell short, trade currency or future" means the account balance in your margin account has fallen under USD 2,000.  Margin accounts must maintain a minimum of USD 2,000 (or equivalent in other currencies) of Securities Equity with Loan Value or Commodities Net Liquidation Value to purchase on margin, sell short, trade currencies or futures…

Overview:

The following provides an example of how currency margins are calculated…

You can have the system calculate the order quantity for Forex orders based on a monetary value that you specify.

To use this “Cash Quantity” feature, set up your currency pair order and click the Quantity field (in the Order Entry panel for Mosaic or on the order line in Classic). The default minimum quantity is displayed. Toggle the quantity from the default currency to the alternate currency as needed. For example, if the forex pair you’re trading is EUR.USD, the default currency is EUR and the quantity displayed is in euros. When you toggle to the alternate currency (in this case USD) the value will default to the equivalent USD value based on the current exchange rate. Modify the USD quantity as needed and submit the order…

Cryptocurrency trading on Interactive Brokers’ platform has a low commission of just 0.20% to 0.30% of trade value depending on monthly trade volume with a USD 2.25 minimum per order.

A monthly custody fee of 8 basis points will also be charged on the average daily value of cryptocurrency held in your account. …