# Interactive Brokers Q&A \[2026\]
**URL:** https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780
**Category:** Investing / Brokers
**Created:** [February 10, 2023, 1:31pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780 "2023-02-10T13:31:20Z")
**Posts on this page:** 20
**Page:** 8
### Author:  [@assemblyrequired](https://forum.mustachianpost.com/u/assemblyrequired)
#### Post date: [June 26, 2024, 10:02am UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/172 "2024-06-26T10:02:07Z")
Does IBKR answer quicker when writing them in English?
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### Author:  [@fittim](https://forum.mustachianpost.com/u/fittim)
#### Post date: [June 26, 2024, 12:29pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/173 "2024-06-26T12:29:50Z")
> [@Abs\_max](#):
>
> I think ever since IBKR activated automatic currency conversion, the dividends gets converted to base currency. That’s my assumption.
No, I think values below $5 are converted to base currency automatically in general.
Edit: and it was also like this before the AutoFx was introduced last month.
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### Author:  [@asinivali](https://forum.mustachianpost.com/u/asinivali)
#### Post date: [June 26, 2024, 12:30pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/174 "2024-06-26T12:30:16Z")
Not the case for me, I have CHF as base currency and my latest dividends were in USD as usual.
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### Author:  [@oswand](https://forum.mustachianpost.com/u/oswand)
#### Post date: [June 26, 2024, 12:37pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/175 "2024-06-26T12:37:54Z")
I always write them in English and have gotten a response within 24 hours most of the time.
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### Author:  [@assemblyrequired](https://forum.mustachianpost.com/u/assemblyrequired)
#### Post date: [June 26, 2024, 12:55pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/176 "2024-06-26T12:55:35Z")
I have CHF as base currency as well, and the USD 19.82 dividends I received yesterday were not converted.
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### Author:  [@EdgyTwinkle](https://forum.mustachianpost.com/u/EdgyTwinkle)
#### Post date: [June 26, 2024, 1:26pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/177 "2024-06-26T13:26:31Z")
Same here, base currency CHF, and received USD dividends as usual (VT)
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### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [June 26, 2024, 1:38pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/178 "2024-06-26T13:38:13Z")
Ok. Good to know.
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### Author:  [@assemblyrequired](https://forum.mustachianpost.com/u/assemblyrequired)
#### Post date: [July 1, 2024, 9:21am UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/179 "2024-07-01T09:21:55Z")
My last order was not executed on ARCA, but on DARK instead. Did I buy VT from Satan or what does that mean?
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### Author:  [@REandSTOCK](https://forum.mustachianpost.com/u/REandSTOCK)
#### Post date: [July 1, 2024, 9:41am UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/180 "2024-07-01T09:41:36Z")
It is a dark pool. It means that the broker keep his precious buyers and sellers for himself (or with his partners) and have them make transactions outside of the stock exchange
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### Author:  [@assemblyrequired](https://forum.mustachianpost.com/u/assemblyrequired)
#### Post date: [July 1, 2024, 10:08am UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/181 "2024-07-01T10:08:56Z")
And is that a good thing? And if not, can I disable it?
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### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [July 1, 2024, 10:39am UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/182 "2024-07-01T10:39:15Z")
You usually get a price improvement compared to lit exchanges.
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### Author:  [@FunnyDjo](https://forum.mustachianpost.com/u/FunnyDjo)
#### Post date: [July 1, 2024, 4:29pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/183 "2024-07-01T16:29:17Z")
It’s beneficial for the broker but not the customer.
It s like optimising trades for the broker.
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### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [July 1, 2024, 4:49pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/184 "2024-07-01T16:49:15Z")
> [@FunnyDjo](#):
>
> It’s beneficial for the broker but not the customer.
You’d rather get the best quote from a lit exchange? (the broker is not allowed to provide a worse execution than the best available public quote, so it should be winning for the customer)
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### Author:  [@almi](https://forum.mustachianpost.com/u/almi)
#### Post date: [July 2, 2024, 10:20am UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/185 "2024-07-02T10:20:37Z")
> [@Abs\_max](#):
>
> WHT tax deduction is 15%
Was it spot on 15%? I recently noticed that the deduction was somewhat below this (more like 13.9xx%) and I don’t see why. 🤷♂️
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### Author:  [@assemblyrequired](https://forum.mustachianpost.com/u/assemblyrequired)
#### Post date: [July 2, 2024, 10:31am UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/186 "2024-07-02T10:31:31Z")
For me it was, yes, down to the last cent.
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### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [July 2, 2024, 10:46am UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/187 "2024-07-02T10:46:24Z")
Yes.
Exactly 15%
But for me payment was in USD and also the tax deduction was in USD.
Which ETF do you own? Could it be due to exchange rate differences?
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### Author:  [@almi](https://forum.mustachianpost.com/u/almi)
#### Post date: [July 2, 2024, 3:25pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/188 "2024-07-02T15:25:03Z")
> [@assemblyrequired](#):
>
> For me it was, yes
> [@Abs\_max](#):
>
> Yes.
> Exactly 15%
You are both right, I made a mistake when reading the statement file from IBKR. I thought the value in “Witholding tax” was already deducted from the “Dividends” value in the “Change in NAV” table. But actually the value in “Dividends” is before any WHT and I got paid out this “Dividends” amount minus the value in “Witholding tax” and this gives me also exactly 15%.
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### Author:  [@assemblyrequired](https://forum.mustachianpost.com/u/assemblyrequired)
#### Post date: [July 2, 2024, 9:16pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/189 "2024-07-02T21:16:50Z")
On the topic of dividends:
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [July 25, 2024, 7:57am UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/190 "2024-07-25T07:57:26Z")
3 posts were merged into an existing topic: [IBKR behaves weirdly when converting currency and immediately buying with a cash account](https://forum.mustachianpost.com/t/ibkr-behaves-weirdly-when-converting-currency-and-immediately-buying-with-a-cash-account/12894/47)
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### Author:  [@assemblyrequired](https://forum.mustachianpost.com/u/assemblyrequired)
#### Post date: [August 17, 2024, 10:09am UTC](https://forum.mustachianpost.com/t/interactive-brokers-q-a-2026/9780/191 "2024-08-17T10:09:50Z")
In case anybody was wondering why the currency exchange “Comm./Fees” column on trades with Auto FX shows “0.00” – the 0.03% fee is [hidden in a slightly worse exchange rate](https://www.interactivebrokers.co.uk/en/pricing/commissions-spot-currencies.php):
> For currency trades executed under the auto currency conversion service, IB will typically add or subtract (at its discretion) 0.03% to the exchange rate that would otherwise apply. Please note that IB does not separately charge a commission on these auto-conversion trades.
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