Disclosure: Some of the links below are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through to make a purchase.
Interactive Broker (affiliate link) provides their clients with multiple platforms to trade at their comfort. I have listed the platforms available and posted some of my findings as I navigate my way figuring out how to use their platforms.
Please be sure to have sufficient funds in the currency you are trading in. If not, charges from your margin account applies.
What happens if I trade a product denominated in a currency which I do not hold in my account?
Please refer to my post on How to Convert from Base Currency to Trading Currency in Interactive Broker.
1. Quick Trade
Go to link: https://gdcdyn.interactivebrokers.com/sso/Login
Under “New Order” –> select (in my case) “Stock” –> input Symbol, Quantity and Price.
Exchange is “SMART”
2. Trader Workstation (TWS)
Link to download: https://www.interactivebrokers.com/en/index.php?f=16040
TWS User Guide: https://www.interactivebrokers.com/en/software/tws/twsguide.htm
SMART feed – data across all the exchanges
DIRECTED feed – data for a specific exchange
– more on that in an upcoming post
3. IBKR Mobile (App)
Self- explanatory. Personally, I feel that using the Mobile App is way easier than using Quick Trade or Trader Workstation.
4. Trade button on main page
– purely to execute a trade, no analysis
Please note that subscription for Market Data Fee are as applicable, in order to see streaming live data.
See below screenshot for example.
For those market data that are not subscribed, data shown are delayed market data (15 to 20 mins delay).
For other sources that provide the market data, please refer to the Sources tab.