The Traderszone Network

Published in TZ Latest News 4 March, 2017 by The TZ Newswire Staff

Question about IB forex leverage

Anyone here trading forex with Interactive Brokers? Is it correct that a) minimum order size is 25k, and that b) according to this page https://www.interactivebrokers.com/en/index.php?f=marginnew&p=forex

the leverage for a EUR denominated account is 3% (33:1). Is it correct to assume that this means that you can use a 1:33 leverage? So for a 10k account, you can buy 330000 worth of EUR?