Compare FX Executions (FX Browser)

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 Advisor 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. To view this information, please take the steps outlined below.

  1. Go to Help > Support Center and select Compare FX Executions (FX Browser).

  2. Search for an Executed Trade and click Submit.

  3. The next screen will display the list of executions for the given account on a 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.

    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.

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 1 to 15.