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Interactive Brokers Broker Profile

342 bytes added, 17:20, 30 November 2023
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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:
httphttps://individualswww.interactivebrokers.com/en/control/systemstandaloneindex.php?os=win&ib_entityf=llc14099#tws-software
For FOREX trade size should be equal to the amount of units, not trade lots.
* '''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]]