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Such accounts can hold multiple cash balances at the same time.\u003C\u002Fp>\u003Chr\u002F>\u003Cp>To open a position in a security that is denominated or settled in a currency you do not hold:\u003C\u002Fp>\u003Cp>\u003Cstrong>Clients with a cash account\u003C\u002Fstrong>\u003C\u002Fp>\u003Cul>\u003Cli>will have the\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F642225504\"> AutoFX \u003C\u002Fa> functionality automatically engage in “spot” currency transactions on the customer’s behalf in order to flatten negative cash balances. This functionality will only occur for cash accounts and only for buy orders, or\u003C\u002Fli>\u003Cli>will need to convert enough funds to the denominated\u002Fsettled currency to cover the cost of the trade prior to placing the trade.\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003Cstrong>Clients with a margin account\u003C\u002Fstrong>\u003C\u002Fp>\u003Cul>\u003Cli>(a) convert enough cash to cover the cost of the position in the denominated\u002Fsettled currency, or\u003C\u002Fli>\u003Cli>(b) open the position without converting currency and IBKR will extend a margin loan to cover the cost of the trade (please note that for option (b) when the position is closed the margin loan will close as well but the gain\u002Floss on the position will remain in the denominated\u002Fsettled currency).\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003Cstrong>Please Note\u003C\u002Fstrong>\u003C\u002Fp>\u003Cul>\u003Cli>You do not have to change the Base Currency of your account to trade products denominated in different currencies. The main purpose of the Base Currency is to translate statement balances into one single currency.\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\n\u003C\u002Fp>\u003Chr\u002F>\u003Cp>\u003Cstrong>Additional Information\u003C\u002Fstrong>\u003C\u002Fp>\u003Cul>\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F111454768\">How do I convert currency in my Interactive Brokers (IBKR) account?\u003C\u002Fa>\u003C\u002Fli>\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F27271545\">Will changing my Base Currency impact my account balances?\u003C\u002Fa>\u003C\u002Fli>\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F29954117\">Why am I required to designate a Base Currency for my account?\u003C\u002Fa>\u003C\u002Fli>\u003C\u002Ful>",[1204,1210,1212,1214],{"id":628,"title":629,"feedback_context":1205},{"request_context":1206,"type":1207,"id":628,"faq_id":628,"timestamp":1208,"cir_id":1209},"faq-browser-public,faq-browser-1:Jibotsrv3-48784e21-a07b-4272-a6da-a09b05104f95","FAQ_NAVIGATION",1794544549183,"861928d0-f343-40c7-933b-f7d08200bae9",{"id":983,"title":984,"feedback_context":1211},{"request_context":1206,"type":1207,"id":983,"faq_id":983,"timestamp":1208,"cir_id":1209},{"id":1092,"title":1093,"feedback_context":1213},{"request_context":1206,"type":1207,"id":1092,"faq_id":1092,"timestamp":1208,"cir_id":1209},{"id":1178,"title":1179,"feedback_context":1215},{"request_context":1206,"type":1207,"id":1178,"faq_id":1178,"timestamp":1208,"cir_id":1209},"\u003Cp>Clients from most countries in the world benefit from a multi-currency account at IBKR. Such accounts can hold multiple cash balances at the same time.\u003C\u002Fp>\u003Cp>---…\u003C\u002Fp>","m0T_g6FBhcs",[1219,1232,1240,1248],{"id":1220,"title":1221,"feedback_context":1222,"short_description":1225,"source":1226,"slug":1231},"35797368","Can I trade ETFs through Interactive Brokers?",{"request_context":1206,"type":1223,"id":1220,"faq_id":1220,"timestamp":1224,"cir_id":1209},"FAQ_SIMILAR",1794544549207,"\u003Cp>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fsso\u002Fresolver?action=TA_TRADE_PERM_BETA\">MANAGE TRADING PERMISSIONS\u003C\u002Fa>\u003C\u002Fstrong>    \u003Cstrong>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fsso\u002Fresolver?action=TA_MARKET_DATA\">SUBSCRIBE TO MARKET DATA\u003C\u002Fa>\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Trade stocks, options, futures, currencies, bonds, ETFs and more from a single IBKR Integrated Investment Account. Clients from most countries can trade…\u003C\u002Fp>",{"id":1227,"title":1228,"link":1229,"sourceType":1230},"faq","IBKR FAQs","https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=35797368","FAQ","trade-etfs-through-interactive-brokers-35797368",{"id":1233,"title":1234,"feedback_context":1235,"short_description":1236,"source":1237,"slug":1239},"35791957","Can I trade options through Interactive Brokers?",{"request_context":1206,"type":1223,"id":1233,"faq_id":1233,"timestamp":1224,"cir_id":1209},"\u003Cp>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fsso\u002Fresolver?action=TA_TRADE_PERM_BETA\">MANAGE TRADING PERMISSIONS\u003C\u002Fa>\u003C\u002Fstrong>    \u003Cstrong>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fsso\u002Fresolver?action=TA_MARKET_DATA\">SUBSCRIBE TO MARKET DATA\u003C\u002Fa>\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Trade stocks, options, futures, currencies, bonds, ETFs and more from a single IBKR Integrated Investment Account. Clients from most countries are allowed to trade…\u003C\u002Fp>",{"id":1227,"title":1228,"link":1238,"sourceType":1230},"https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=35791957","trade-options-through-interactive-brokers-35791957",{"id":1241,"title":1242,"feedback_context":1243,"short_description":1244,"source":1245,"slug":1247},"711834555","How can I verify if I have any margin loans in my account?",{"request_context":1206,"type":1223,"id":1241,"faq_id":1241,"timestamp":1224,"cir_id":1209},"\u003Cp>To determine if you have any margin loans in your Interactive Brokers (IBKR) account, follow these steps:\u003C\u002Fp>\u003Col start=\"1\">\u003Cli>Account Login and Type:\n\u003Cul>\u003Cli>Log in to your IBKR account…\u003C\u002Fli>\u003C\u002Ful>\u003C\u002Fli>\u003C\u002Fol>",{"id":1227,"title":1228,"link":1246,"sourceType":1230},"https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=711834555","verify-if-have-any-margin-711834555",{"id":1249,"title":1250,"feedback_context":1251,"short_description":1252,"source":1253,"slug":1255},"749792928","Can I transfer security from my regular investment account to my PEA account?",{"request_context":1206,"type":1223,"id":1249,"faq_id":1249,"timestamp":1224,"cir_id":1209},"\u003Cp>An internal transfer of securities from your existing general investment account at IBKR to your Plan d'épargne en actions (PEA) Account is not possible. You can only\u003C\u002Fp>\u003Cul>\u003Cli>Transfer an existing PEA Account from your other provider to IBKR at your account open with us that includes securities and\u002For cash OR…\u003C\u002Fli>\u003C\u002Ful>",{"id":1227,"title":1228,"link":1254,"sourceType":1230},"https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=749792928","transfer-security-regular-investment-account-749792928",{"request_context":1206,"type":1257,"id":1200,"faq_id":1200,"timestamp":1208,"cir_id":1209},"FAQ_CONTENT","have-change-currency-before-buying-29080117"]