In IBKR Mobile you can create a new order with an attached Bracket order, or add a Bracket order leg to an existing open order using the Attach Order section of the Order Ticket.
To attach a Bracket order to a new order:
- At the bottom of the Order Ticket tap Attach Order and then tap Bracket . Modify order parameters as needed.
To add a Bracket order to an existing open order:
- Tap the Account menu icon (head and shoulders) in the top left corner of the app.
- Tap Transactions and from the tab set along the top tap Orders.
- From the Orders screen tap the order you want to modify then tap Modify Order.
- In the Attach Order section, tap to show the dropdown list and select Bracket.
- Edit parameters as needed, review and Submit the modifications.
The bracket sets up two different closing positions; one to close a profitable position, and one to close a position with only limited loss. Once the parent order fills, the opposite side profit taker and stop-loss orders are triggered. When one fills, IBKR will submit a cancel request for the other.
Additional Information
- Attaching bracket orders in the IBKR Mobile for Android and IBKR Mobile for iOS available in our User Guides