The Traderszone Network

Published in TZ Latest News 10 April, 2017 by The TZ Newswire Staff

How do I estimate the amount of forex cash required to avoid incurring interest on IB?

On Interactive Brokers, I seem to be incurring daily interest charges. I have some balances in the various currencies, but the interest charges keep coming. I trade futures denominated in CHF, USD and EUR.

How can I calculate how much I need?

I have attached a recent daily statement. Base currency is GBP.