How do I change the Base Currency for my paper trading account?

The Base Currency for the paper trading account is taken from the live account and cannot differ. To change the Base Currency in the live account. See: How do I change the Base Currency for my account?

Please Note

  • Once you have changed the Base Currency on your live account, changes to this setting generally are reflected the following trading day on your paper trading account.
  • If you are using a free trial demo account and you do not have yet a real account open it is not possible to change the base currency. Convert your free trial demo account to a live IBKR account by selecting Open Account followed by Finish an Application on our website and logging in with your username and password. Your free trial demo account will become your paper trading account and will replicate the Base Currency of your live account.
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How can I access my paper account in TWS?
Can I have different trading permissions in my paper trading account?
Am I able to select a base currency for my account?
What is a base currency, how can I change it, and how does it affect my account?