How can I create a default Clearing Profile for an Allocation order?

New paper trading accounts are set by default with a simulation of the Tiered pricing structure.

This set up can not be changed in Client Portal at the moment. You can request a manual change of the pricing structure to IBKR Client Services sending a ticket…

On the Order Ticket under the Allocation Values section, the advisor can select and deselect the accounts that the orders will be created for. When you deselect an account from the allocation values section then you will want to click "Re-Calculate Order Quantities" for the values to be updated…

To allocate shares/contracts using a pre-defined Allocation Group from the Advisor Portal:

1. Use the Allocation field drop down list to select an Account Group, a single account or All* accounts.
2. For the selected Account Group, modify the per-order allocation method if necessary. User-specified methods aren't editable on a per-order basis…

You can create Profiles that allocate specific percentages or shares of each order into individual accounts.

When logged into the Advisor Master account in Mosaic you can create a new Allocation Profile before entering an order. Go to the Mosaic Order Entry window click in the Allocation field and in the drop down click on “Setup”. This takes you to the Global Configuration window…

No, the Allocation Profile must be updated through the Advisor Setup page before entering/previewing the order.

Find out more about Allocation Profiles in the TWS Users' Guide…