Interactive Brokers Trading Foreign Markets
Posted: Fri Dec 19, 2008 6:02 pm
Anyone would like to share experience using Interactive Brokers to trade foreign markets (base = US, base currency = USD)?
I want to trade stocks in Australia, UK, France, German, Japan, and Hong Kong, all these are denominated in local currencies of the respective countries. I chatted with an IB representative, she said no problem, just trade then as one would with any stocks on the NYSE, Nasdaq, or Amex. I asked her if there is an official IB website detailing that, she said no. I just want to check with other traders who have experience with this type of matters before I plunge.
I may also trade the futures (eg, DAX, FSTE, K200, London Coffee, Western Barley etc), so IB “foreignâ€
I want to trade stocks in Australia, UK, France, German, Japan, and Hong Kong, all these are denominated in local currencies of the respective countries. I chatted with an IB representative, she said no problem, just trade then as one would with any stocks on the NYSE, Nasdaq, or Amex. I asked her if there is an official IB website detailing that, she said no. I just want to check with other traders who have experience with this type of matters before I plunge.
I may also trade the futures (eg, DAX, FSTE, K200, London Coffee, Western Barley etc), so IB “foreignâ€