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Direct MessagesDate/Time: Thu, 18 Apr 2024 05:53:34 +0000
Post From: Stock Trading Plans ( Question for our Interactive Brokers Users)
| [2020-02-16 08:51:01] |
| User390455 - Posts: 56 |
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According to another thread on this board, Interactive Brokers will be making the API available with Interactive Brokers Light.
It possible than can change for now is in Strategy from IB (Exclude IB API).For the US Resident Naturel person who can chose IBRK Lite or IBRK Pro. IB give 3 avantages chose IBRK Pro IBRK Pro (3 avantages present by IB) > IB SmartRouting (Dark Poll or Direct Access Order) [No sell to Market Maker] > IB WebTrader > IB API IBRK Lite you can only use (IB Mobile, TWS [without IB API], Client Portal [Cheap version of WebTrader]) (Tech : https://www.interactivebrokers.com/en/index.php?f=13868 [IBRK Pro Only => WebTrader & IB API] / Routing : https://www.interactivebrokers.com/en/index.php?f=1685) IBRK Lite is clearly, a defensive mouvement. If your are active trader you are fastly move on an IBRK Pro account. And without IB SmartRouting your real price of an order is random. For small orders, may be better than the fixed comision or not. IB Limitation https://www.interactivebrokers.com/en/index.php?f=45196 OnClose or OnOpen US listed stock orders are free for IBKR Lite clients so long as the order does not exceed 10% of an account's monthly US stock trading volume, otherwise your account will be charged USD 0.005 per share. IBKR reserves the right to reject any IBKR Lite order or series of orders if IBKR determines the order(s) appear to show non-retail trading behavior. At the time an order is rejected, the client will be automatically presented the option to resubmit the rejected order on a Fixed commission basis. Date Time Of Last Edit: 2020-02-16 15:32:57
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