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Interactive broker leveraged FX products?


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Interactive broker leveraged FX products?

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  #1 (permalink)
 fernlicht 
Schwyz, Switzerland
 
Experience: None
Platform: NinjaTrader, Visual Studi
Broker: IB, Biftinex, Binance
Trading: Yes
 
Posts: 54 since Jan 2012
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Hello all,

there is nobody on the service line at Interactive Brokers and I'm waiting now for +1h :/
Its a bit of a silly question...

Maybe you can help me. Are there any products on IB that are leveraged FX pairs?
Do you know the symbol names?
I know there are currency CFDs but I cant find the right symbol names to use with Ninjatrader.
Here is what I found.
https://www.interactivebrokers.co.uk/en/index.php?f=41295&exch=ibfxcfd&showcategories=CFD

Any suggestions?
Thx, and all the best

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 askerix 
Switzerland
 
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hi fernlicht

those you've mentioned are CFDs.

Forex products are described here:
https://www.interactivebrokers.co.uk/en/index.php?f=39433

margin is here:
https://www.interactivebrokers.co.uk/en/index.php?f=39020&hm=ot&ex=gl&rgt=1&rsk=0&pm=0&rst=010101010101010801

symbols are named like "EUR.USD"

and IDEALPRO should be the order route for non-cfd-forex

cheers,
askerix

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 Mich62 
Netherlands
 
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In NT under Tools>Instruments you can find the instruments and their symbol map to different brokers like IB.

For instance EURUSD is the FX pair (in NT) which will map to EUR.USD when connecting and transacting to IB.

Always try things first in SIM.

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 fernlicht 
Schwyz, Switzerland
 
Experience: None
Platform: NinjaTrader, Visual Studi
Broker: IB, Biftinex, Binance
Trading: Yes
 
Posts: 54 since Jan 2012
Thanks: 7 given, 32 received

Thanks!
I had also contact with NT staff and they said the CFDs are reachable through @CFD name -> means i.e. @eurusd
Which makes sense, since I'm using also the @ in front of crypto to connect to Bitfinex symbols.
Now I have to check with IB, since after loading I don't get any candles on the chart, maybe I have to pay them for the CFD datastream...

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 Mich62 
Netherlands
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: NinjaTrader Brokerage
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What symbol(s) are you using?

From the IB website (https://ibkr.info/article/1984):

"The market data for IB Index CFDs is free, but you need to subscribe to it for system reasons. It is a global permission (like FX), so you only need to subscribe once. To do this, log into Account Management, and click through the following tabs: Settings/User Settings/Trading Platform/Market Data Subscriptions. Alternatively you can set up an Index CFD in your TWS quote monitor and click the “Market Data Subscription Manager” button that appears on the quote line."

Don't know if it's still applicable.

(Also, keep in mind the Liquid Hours, see link above)

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