Interactive broker leveraged FX products? - futures io
futures io futures trading



Interactive broker leveraged FX products?


Discussion in Currencies

Updated
    1. trending_up 434 views
    2. thumb_up 0 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Interactive broker leveraged FX products?

(login for full post details)
  #1 (permalink)
Schwyz, Switzerland
 
Experience: None
Platform: NinjaTrader, Visual Studi
Broker: IB, Biftinex, Binance
Trading: Yes
 
Posts: 44 since Jan 2012
Thanks: 5 given, 30 received

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

Started this thread Reply With Quote

Journal Challenge February 2021 results (so far):
Competing for $1500 in prizes from Topstep
looks_oneSBtrader82 's Trading Journalby SBtrader82
(154 thanks from 29 posts)
looks_twoJust BEING a Trader: Letting Go!!by iqgod
(111 thanks from 32 posts)
looks_3Wisdom is Emptinessby Mtype
(68 thanks from 25 posts)
looks_4Deetee’s DAX Trading Journal (time based)by Deetee
(31 thanks from 16 posts)
looks_5Journal for peanuts1956by peanuts1956
(23 thanks from 13 posts)
 
 
(login for full post details)
  #2 (permalink)
Switzerland
 
Experience: None
Platform: NT
Trading: Ukulele
 
Posts: 38 since Mar 2011
Thanks: 428 given, 36 received

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

Reply With Quote
 
(login for full post details)
  #3 (permalink)
Netherlands
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: IB, NinjaTrader Brokerage
Trading: Commodities, (crypto)currencies & equities
 
Mich62's Avatar
 
Posts: 310 since May 2012
Thanks: 330 given, 533 received


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.

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #4 (permalink)
Schwyz, Switzerland
 
Experience: None
Platform: NinjaTrader, Visual Studi
Broker: IB, Biftinex, Binance
Trading: Yes
 
Posts: 44 since Jan 2012
Thanks: 5 given, 30 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...

Started this thread Reply With Quote
 
(login for full post details)
  #5 (permalink)
Netherlands
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: IB, NinjaTrader Brokerage
Trading: Commodities, (crypto)currencies & equities
 
Mich62's Avatar
 
Posts: 310 since May 2012
Thanks: 330 given, 533 received

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)

Visit my futures io Trade Journal Reply With Quote


futures io Trading Community Traders Hideout Currencies > Interactive broker leveraged FX products?


Last Updated on January 22, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1500 prizes from Topstep!

February
 

Identifying Setups & Targets Using Profile Charts w/Trevor & Tradovate

Feb 25
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts