Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 56% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Sapiens Markets has not accepted registrations from retail clients resident in Spain since July 31, 2024.

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Currency conversion in IBKR

Easily convert cash from one currency to another in IBKR

Currency conversion in IBKR

Easily convert cash from one currency to another using the currency conversion tool.

You simply have to select the currency you want to sell and enter the amount of the currency you want to buy.

You may read more about currency conversion in IBKR HERE.

Automatic currency conversions may be made when the account accumulates balances, either positive or negative, in different currencies than the account's base currency with a notional value of less than 20 USD.

Commissions applied and minimum per order

Additionally, you may check HERE. all the commissions charged by IBKR when converting one currency into another.

The minimum cost per order is 2 USD.