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Date/Time: Wed, 01 May 2024 17:30:21 +0000



CFD-Forex in Interactive Brokers

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[2016-09-16 05:27:38]
Ulaju - Posts: 56
Now we can trade CFD-Forex through IB and the overnight fees are fairly better than trading spot forex. Can we trade CFD forex from the charts?

The symbols are the same: EUR.USD, GBP.USD, etc. Now when you write EUR.USD in the watchlist you get a pop-up where you can choose between IDEALPRO or CFD.
[2016-09-16 05:48:49]
Sierra Chart Engineering - Posts: 104368
Yes. Refer to:
Interactive Brokers Symbols: CFD Format
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
[2016-09-22 06:57:31]
Ulaju - Posts: 56
I'm using them already, but order execution doesn't work. If I execute orders through IB, then I can see them on the charts, but I can't open new orders through the charts.

Trade log:




Interactive Brokers | Requesting Open orders. | 2016-09-22 14:53:09
Interactive Brokers | Received Open orders end message. | 2016-09-22 14:53:09
Requesting order status for non-responsive order. | Symbol: EUR.USD-CFD-SMART-USD | TradeAccount: U8987051 | InternalOrderID: 930 | 2016-09-22 14:53:57 *
Requesting order status for non-responsive order. | Symbol: EUR.USD-CFD-SMART-USD | TradeAccount: U8987051 | InternalOrderID: 931 | 2016-09-22 14:53:57 *
Requesting order status for non-responsive order. | Symbol: EUR.USD-CFD-SMART-USD | TradeAccount: U8987051 | InternalOrderID: 932 | 2016-09-22 14:53:57 *
Interactive Brokers | Received Open orders end message. | 2016-09-22 14:53:57
Interactive Brokers | Received Open orders end message. | 2016-09-22 14:53:57
Interactive Brokers | Received Open orders end message. | 2016-09-22 14:53:57
Order Error - Order timed-out waiting for response from service/exchange server. Internal Order ID: 930. Service Order ID: 407. Symbol: EUR.USD-CFD-SMART-USD | 2016-09-22 14:54:27 *
Order Error - Order timed-out waiting for response from service/exchange server. Internal Order ID: 931. Service Order ID: 408. Symbol: EUR.USD-CFD-SMART-USD | 2016-09-22 14:54:27 *
Order Error - Order timed-out waiting for response from service/exchange server. Internal Order ID: 932. Service Order ID: 409. Symbol: EUR.USD-CFD-SMART-USD | 2016-09-22 14:54:27 *
[2016-09-22 08:56:01]
Sierra Chart Engineering - Posts: 104368
You will need to as Interactive Brokers that why would you submit an order for EUR.USD-CFD-SMART-USD there is no response from TWS.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
[2016-09-27 19:24:11]
Ulaju - Posts: 56
Ok I did already and I have the response... I hope you guys can sort out my problems with CFD-Forex using this information. That would be sooo great:



"Dear Mr. Armendariz,

The log file shows error message "No security definition has been found found for the request" when you attempted to place orders for Forex CFDs. The error basically means your order was not rejected, but the contract definition sent by the third party software cannot be recognized by IB.

I see that the third party software define the contract as:

Symbol = EUR.USD // This is not correct
SecType = CFD
Currency = USD
Exchange = SMART

They should instead define the symbol = EUR only:

Symbol = EUR
SecType = CFD
Currency = USD
Exchange = SMART

If you just contact the third party directly, they should be able to help you out with defining a contract. If they are not sure how to resolve this, you can give them the correct contract definition provided above, they should be able to fix that on their side.

Regards,

Steven J.
API Support, Technical Assistance Center
Interactive Brokers
"
[2016-09-28 00:11:01]
Sierra Chart Engineering - Posts: 104368
According to what they are saying you should specify the symbol this way:
EUR-CFD-SMART-USD

Reference:
http://www.sierrachart.com/index.php?page=doc/IBSymbols.html#CFDFormat
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing

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