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Though there is choice between web-based (Online) and standalone version (Offline), standalone version is recommended for MultiCharts connection. To download Trader Workstation and Gateway, follow this link:
For FOREX trade size should be equal to the amount of units, not trade lots.
===General Settings section===
'''IP address''' and '''Port''' number
'''ClientID'''. “0” by default. If there is another trading platform running on your computer that is connected to IB TWS, it is recommended to change the corresponding value in that piece of software. <br><br>Starting from MultiCharts 11, IB TWS can be launched automatically by MultiCharts on attempt to connect IB broker profile. To enable this option check <b>Launch Trader Workstation</b> at start box.
===Default Order Settings section===
* '''DAY'''
: Order is canceled if it is not executed by the close of the trading day. DAY is set as default; or:
* '''GTC''' (Good-TillTil-CanceledCancelled)
: Order remains active until it is cancelled.
* '''IOC (Immediate-or-Cancel)'''
: '''Account:''' only 1 account of the group should be specified to send all the orders directly on this account.
<div style="background-color: #E3FBE5;">'''Note:''' Interactive Brokers do not provide Realized PnL for multi-accounts in 3rd party apps like MultiCharts due their API specific.</div>
==How stop orders work==
<div style="background-color: #E3FBE5;">'''Note: On IB Live account you can send Stop orders directly to the exchange (green in TWS).'''
<br>Enable "Use outside RTH tag" to do that. In order to send multiple orders directly to the exchange "Use Native OCO Group" should also be disabled.</div>
<div style="background-color: #F0F8FF;">After the broker profile is set up, you can select it for trading, see the '''[[How to Select a Broker Account For Trading]]''' guide.</div>
[[Category:Broker Profiles]]