Trading

Desktop Trading

Traders who require more sophisticated trading tools can use our market maker-designed Trader Workstation (TWS), which optimizes your trading speed and efficiency with an easy-to-use spreadsheet interface, support for more than 50 order types, task-specific trading tools for all trading styles, and real-time account balance and activity monitoring.


Mobile Trading

Our mobile solutions allow you to trade your IB account on the go. The iTWS for iPhoneTM and the TWS for BlackBerry® are custom-designed for these popular models, while the generic MobileTrader supports most other Smart phones.


Web Trading

Traders who prefer a clean and simple interface can use our HTML-based WebTrader, which makes it easy to view market data, submit orders, and monitor your account and executions.


Platform Demos

Our TWS and WebTrader trading demos handle just like the real applications, but with delayed data, minor feature limitations and no risk! Demos are free and accessible to everyone. Log into one of our demo trading platforms to see the features and benefits IB offers, or to test drive a specific tool or algo.


API Solutions

Find out about our propriety Java, VB, C++ and Excel API and download the API software. Get details on our FIX connectivity, and access the API Users’ Guides, Reference Guides, and all of our Getting Started guides.


SmartRouting

Provides an overview of the benefits provided to customers with IB’s SmartRouting technology, and illustrates the SmartRouting logic for stocks, options and combination orders for different regions.


Order Types & Algos

Our extensive order type and algo offerings are categorized by trading need and also alphabetically with a brief description. Click the links in the alphabetical listing to find out more details on specific order types.


Paper Trading Account

Find out how IB customers can open a PaperTrader account, which functions just like a production account but simulates fills. The paper account is linked with an approved and funded account, and uses the same trading permissions, base currency, data subscriptions and other settings as the live account.


Customer Activity Monitor

Download the CAM software, and access the highlights, Users’ Guide and latest release notes.


Third Party Integration

We provide links to third party integration tools specializing in portfolio management, order management systems (OMS) and post-trade allocation. Each section provides a list of available providers with contact information.

Product Listings

Provides a comprehensive list of all of our product offerings on market centers worldwide. Pages are sorted by product type, then by market region.


New Products

Our new products page lists all recently added products by date starting with the most recent additions.


Exchange Listings

Lists market centers and the products they support, grouped by region and then country.


Margin

The margin pages provide an overview on how margin is used with some helpful examples, and lists all margin requirements by product. Special notes are included where needed.


Traders' Calendar

Our popular International Trading & Expirations Calendar App can be accessed from mobile, tablet, desktop or laptop devices.


Stock Borrow and Loan

Lists all stock available for shorting with IB, and includes special information and restrictions, describes the mechanics of a short sell, and describes the Buy-In procedures according the SEC regulations implemented in September 2008.


ADR Conversions

An American Depository Receipt, or ADR, is an instrument that trades like a stock but is composed of ordinary shares of a foreign corporation.


Delivery, Exercise and Actions

This page describes the physical delivery and liquidation rules for futures and futures options, rules for submitting option exercise requests, and instructions on how to participate in a voluntary corporate action.


Erroneous Trade Policy

This Customer Service page gives you contact information, tips on how to get the most our of your customer service experience, and describes our Erroneous Trade policy in detail.