Forex Execution Statistics
IBKR clients can now analyze the quality of their forex executions in comparison to forex trades by other IBKR customers through the FX Browser tool in Client Portal. The tool provides transaction data for the 15 forex transactions that occur immediately before and after in the same currency pair of the client's transaction.
Note:
The number of transactions may be limited to fewer than the stated 15 as the NFA also has placed a 15 minute window on the query. Meaning, if within a 15 minute window before and after the customer's execution there are fewer than 15 executions the customer's query will return only those executions which occurred within the time window.
Accessing the FX Browser Tool
To Access the FX Browser tool, login to Client Portal using the Login button on our website. Click the Help menu (question mark icon in the top right corner) followed by Support Center. Please note, at this time only data for the live account will be provided.
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From there, select "See Trades on IBKR's FX Platform" from the list of Information & Tools:
Submitting a Query
When the FX Browser is launched, you will be presented with the following screen:
Please note that only Trade Date is a mandatory field in the query. When clicking on the Trade Date field, a calendar widget will populate and allow you to select your trade date. Only transactions from the last 6 months will be available to search.
Active customers may wish to limit the results by further selecting the currency pair, side or time of the execution.
Once the desired query has been entered, click on the Submit button.
The next screen will display the list of executions for the given account on the specified day. From there, you may select the execution you wish to receive the execution statistics on.
Once the execution you wish to view has been selected, click the "Download NFA Report" button.
Reading the Report
The results will be returned in a new tab and will contain the 15 executions before and 15 executions after the trade you selected on the previous screen. Per the note above, if fewer than 15 executions occurred in the 15 minute time frame only those executions will be displayed.
The query results will include the following information:
- Execution date and time, as expressed in Eastern time
- Side (buy or sell)
- Quantity (of Transaction Currency)
- Currency pair
- Execution price
- Commissions and other charges assessed by the FDM
- Currency denomination of commissions
Your trade will be marked as Trade Number "0" and the trades before and after your trade will be numbered from 1 to 15.
Error Messages
If the search criteria you enter does not bring up any trade information, you will be presented with the following error message:
