IBKR and limit on the amount converting CHF to USD?

OxygeN

Active member
Hi all.
I've been warned when trying to convert CHF to USD that there's a limit of 125000 - does anybody of you know about this? The warning was also allowing me to tick a box to still proceed - but I don't know what consequences there could be. I've asked IBKR, of course, but no reply yet...

TIA
 
Hi

Are you sure, it's not 25000? There is a message indicating that for odd orders (below 25k), the routing may be suboptimal (not using idealpro).
I am not aware of any 125k limit.
 
I've got this alert:
125000_limit.jpeg
Apparently it's just a warning, no fees or limitations apply. And, also apparently, these limits can be customised... although I haven't yet found where exactly :-(
 
Very interesting. It looks like it's only configurable in TWS, so that kind of sucks. But it's indeed only a warning that can be ignored. I have never done such high orders, so never seen this before.
 
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