For opening an account with IB, the normal choice is aĪnd trade high volumes, consider a Portfolio Margin account with its lower margin costs.Īt the time of this writing, IB paper trading accounts were only available after opening a real account.ĭue to the high margin and lot size requirements, the Forex/CFD trading The IB plugin included with the free Zorro version supports paper trading accounts that begin with the letter "D". With the same user is opened, even on a different PC. The connection will break down when a second Gateway or TWS instance But only a single TWS or a single Gateway per Up to 8 Zorros can connect to the same Gateway or to the same TWS. Server field of the account list (see below). Other socket port numbers than 7496 or 4002 can be set up in the
Enter an individual number from 1.8 in Zorro's User field for connecting to the Gateway via socket port 4002. Open Configuration/API/Settings and make sure that the socket port is set to 4002. The Password field can be left empty.įor trading with Gateway, select IB API (not FIX CTCI). Enter an individual number from 101.108 in Zorro's User field for connecting to the TWS via socket port 7496. Make sure that Allow connections from localhost only Deselect Read-Only API when you want to send orders. Make sure that the socket port is set to 7496. (stable) version, not the beta (unstable) version.įor trading with the TWS, open File/Global Configuration/API/Settings (see screenshot below) and select Enable ActiveX and Socket Clients. When downloading TWS or Gateway from the IB website, get the release Long-term algo trading with the IB API requires supervising the trading system and The Gateway lasts a bit longer and usually disconnects every weekend.
The TWS, a bloated java program, normally stops every 24 hours and interrupts the connection. The TWS is preferable for testing a script, the Gateway for automated Through IB's Trader Workstation ( TWS), or through the IB Gateway. The IB bridge gives ZorroĪlgo trading strategies direct access the IB API, either Including options and futures, and low trading costs. Interactive Brokers™ offers access to most major exchanges, a huge number of supported assets
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