You can close out any non-base currency balances in IBKR Mobile using the Close Currencies tool.
To close out a non-base currency balance:
- Tap the Account menu icon (head and shoulders) in the top left corner of the app.
- Just below the "Deposit Funds" bar, tap Convert and select Close Balances.
- Select the currency balance(s) you want to close, then select Close Balances.
- Review the implications and tap Continue to create the closing order(s).
- Submit the order(s).
Additional Information
- IMPORTANT: Orders to close out foreign currency balances are always market orders and automatically apply the current exchange rate.
- IBKR will only act to automatically convert non-base currency balances when the balance is nominal (e.g. below USD 5 equivalent and assuming no subsequent trade activity through settlement) or when the customer requests to close the account (where the balances are below USD 1,000 equivalent). Find out more in the IBKR Knowledge Base.
- How do I close a currency balance in Client Portal?
- How do I close a currency balance in TWS?
- How do I convert currencies in IBKR Mobile?