Wired 12k from my bank account to the CH Interactive Brokers account, arrived quickly at full value. Then put in a USD_CHF Buy order for 12325$ (left 10$ as a cushion for fees or if I have to increase the LMT value), current USD / CHF value ist at 0.97265. I used the automatic LMT order which set the max price at 0.9728.
Food for thought
Would you increase / decrease the LMT value or is the automatic value usually fine for smoothless transactions?
If I exceed the monthly fee threshold of 3$ (age <25), does it contribute to the following month or is it lost? I believe the first three months are free anways…
What happens if I edit or cancel an order before its fulfillment? Is the commission waived or even increased?
Here is a snapshot of the transaction, is everything correct?
Projected commission is 2.43$.