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FX Trader

The FXTrader provides an optimized trading interface with IB-designed tools to trade the currency markets.


best currency trading platform: FX Trader

The price display emphasizes the critical portion of the bid/ask, and conveys price movement at a glance by showing an increasing price in green and decreasing price in orange. Each currency pair occupies its own "cell," complete with market data and order information, where you can create, transmit and cancel orders with a single click. Overall order, trade and portfolio information is displayed along the top of the currency pairs grid.

  • Interbank-quality spreads allow you to trade the best bid and ask from multiple liquidity providers with spreads as low as 1/10 pip.
  • Invert the fx quote to compare and trade currencies side-by-side with Globex FX futures.
  • Review order details and margin implications before you transmit, or activate instantaneous transmission to transmit your orders with one click on the bid or ask.
  • Not just for currencies - show data and manage orders on any instrument using the FXTrader trading cells.
  • FXTrader supports over 20 order types including trailing stop limits, brackets, limit if touched, OCA (one cancels all) and scale.
  • The Order Book icon appears when the small-order book has a better price available for the currency pair.
  • Customize the trading cell display to show position, average cost and P&L data.
  • Customize the layout to display a single cell up to a 4 x 4 grid layout, change the color scheme and customize general settings.

There is a substantial risk of loss in foreign exchange trading. The settlement date of foreign exchange trades can vary due to time zone differences and bank holidays. When trading across foreign exchange markets, this may necessitate borrowing funds to settle foreign exchange trades. The interest charges on borrowed funds must be considered when computing the cost of trades across multiple markets.

Interactive Brokers Canada Inc. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the IIROC AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.


Know Your Advisor: View the IIROC AdvisorReport

IIROC