Can I trade Korean Won (KRW)?

If you have requested an IRA account with margin permissions you may trade products which are denominated in a currency other than that of your designated Base Currency. However, as IRA accounts, by regulation, are not allowed to borrow cash (i.e., have a debit balance in any currency type), you would need to first convert a sufficient amount of your current cash balance into the currency in which the product is denominated prior to entering your order to purchase that product. This conversion can be transacted on our IdealPro platform if greater than USD 25,000, or equivalent, or the odd lot venue if below USD 25,000…

IB’s venue for executing Forex trades, referred to as IdealPro, operates as an exchange-style order book, assembling quotes from the largest global Forex banks and dealers as well as other IB clients and market makers. For purposes of maintaining competitive bid-ask spreads and optimal liquidity, a minimum size of USD 25,000, or equivalent, is imposed on all IdealPro orders. Orders below this size are considered odd lots and their limit prices are not disclosed through IdealPro even if inside the IdealPro bid-ask spread. As such, odd lot marketable limit orders are not guaranteed execution at the inter-bank spreads afforded to IdealPro orders, and will generally be executed at slightly inferior prices ranging from 1- 2 basis points* outside the IdealPro quote…

Please note that opening positions for UK stocks are assessed a stamp tax duty of 0.5% of trade value for UK stocks and 1.0% of trade value for Irish listed stocks. You can see details of any stamp taxes charged in the Transaction Fees section of your Activity Statements. To see more information about fees which may be assessed on trade executions please visit the …

IBKR’s venue for executing Forex trades, referred to as IdealPro, operates as an exchange-style order book, assembling quotes from the largest global Forex banks and dealers as well as other IBKR clients and market makers. For purposes of maintaining competitive bid-ask spreads and optimal liquidity, a minimum size of USD 25,000, or equivalent, is imposed on all IdealPro orders. Orders below this size are considered odd lots and their limit prices are not disclosed through IdealPro even if inside the IdealPro bid-ask spread…