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mark-liu

ibkr-mcp

by mark-liu

ibkr_fx_rate

Retrieve live foreign exchange rates for any currency pair like EURUSD or USDJPY. Get current FX rate data to support trading decisions.

Instructions

Get live FX rate for a currency pair.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
pairYesCurrency pair like "EURUSD", "AUDUSD", "USDJPY"

Output Schema

TableJSON Schema
NameRequiredDescriptionDefault
resultYes
Behavior3/5

Does the description disclose side effects, auth requirements, rate limits, or destructive behavior?

With no annotations, the description must stand alone. It correctly implies a safe read operation, but lacks details on rate limiting, connection requirements, or data freshness. While not misleading, it is minimally transparent.

Agents need to know what a tool does to the world before calling it. Descriptions should go beyond structured annotations to explain consequences.

Conciseness5/5

Is the description appropriately sized, front-loaded, and free of redundancy?

The description is a single, focused sentence that efficiently conveys the tool's purpose with no fluff or redundancy.

Shorter descriptions cost fewer tokens and are easier for agents to parse. Every sentence should earn its place.

Completeness3/5

Given the tool's complexity, does the description cover enough for an agent to succeed on first attempt?

Given the tool's simplicity and the presence of an output schema, the description covers the basics. However, it lacks usage context and behavioral details that would enhance agent understanding.

Complex tools with many parameters or behaviors need more documentation. Simple tools need less. This dimension scales expectations accordingly.

Parameters3/5

Does the description clarify parameter syntax, constraints, interactions, or defaults beyond what the schema provides?

Schema coverage is 100% and the parameter is already described in the schema. The description adds no extra meaning beyond the schema's explanation of the currency pair format. Baseline score of 3 is appropriate.

Input schemas describe structure but not intent. Descriptions should explain non-obvious parameter relationships and valid value ranges.

Purpose5/5

Does the description clearly state what the tool does and how it differs from similar tools?

Description clearly states the tool retrieves a live FX rate for a currency pair. The specific resource and action are unambiguous, and the tool is well-distinguished from siblings like ibkr_quote which targets securities.

Agents choose between tools based on descriptions. A clear purpose with a specific verb and resource helps agents select the right tool.

Usage Guidelines2/5

Does the description explain when to use this tool, when not to, or what alternatives exist?

No guidance is provided on when to use this tool versus alternatives (e.g., ibkr_quote) or under what conditions it is appropriate. The agent is left without context for decision-making.

Agents often have multiple tools that could apply. Explicit usage guidance like "use X instead of Y when Z" prevents misuse.

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