IBKR: currency accounts and FX costs
Read UK spot pricing alongside cash/margin mechanics without equating conversion with leveraged-FX permission.
Account scope
Pricing uses the Interactive Brokers U.K. Limited website. Configuration depends on residence and affiliate; these pages establish neither Vietnamese acceptance nor every permission at every company. Spot rates are for direct clients; an introducing broker/advisor may add charges.
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Diagram explained
Separate permissions, fees and available cash
- Multi-currency cash is not borrowing
- Manual minimum; auto rate markup
- Two free requests / calendar month
Conversion differs from borrowing
Cash accounts can hold multiple currencies but cannot borrow; leveraged Forex requires additional qualifications/permissions. A reporting currency does not itself convert all cash or extinguish a foreign-currency debit.
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Two charging mechanisms
Manual spot has commission and an order minimum; auto-conversion typically adjusts the rate by 0.03% without separate commission. Focused examples separate small amounts, minimums and conversion frequency.
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Moving cash out
Other Fees currently lists two free withdrawal requests per calendar month, followed by currency/method fees. Intermediary charges are excluded. Check settlement and withdrawable cash rather than only net asset value.
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Register for up to 100% trading fee rebates
Rebate details
Contact FINEX to confirm the rebate rate, eligible fees and account conditions before registering. contact@finexbroker.com
Your next step
Sources and scope
Sources are provider publications. Conditions may vary by entity, country, account and program. Recheck before signing up.