Attach an FX Order to Trades

Attach FX Order to Trade

International Stock Purchases Made Easy

Trader Workstation (TWS) makes it easy to attach an FX Order to your international stock order to help you have enough funds in the stock's currency to complete the trade while avoiding any interest charges from financing the purchase.

To attach an FX order to your trade, load the ticker you wish to purchase into the order entry panel and click the buy button. Then:

  • Enter the quantity, price and time-in-force for the trade.
  • Click the "Advanced" button
  • Expand the Hedge Button
  • From the first input drop-down, select FX order
    • TWS will autodetect the correct currency pair based on your account's base currency and the currency for the shares you are purchasing, as well as the buy/sell portions of the trade.
  • If needed, click the box next to FX Hedge

The Order Entry panel will then add "+FX Order" in yellow font to confirm that the FX Order was added to the stock order.

FX Order Example

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Learn more about attaching FX orders

View Traders' Academy Course User Guide

Disclosures

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 rate on borrowed funds must be considered when computing the cost of trades across multiple markets.

Interactive Brokers Canada Inc. is a member of the Canadian Investment Regulatory Organization (CIRO) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the CIRO 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 CIRO AdvisorReport