Integration with Interactive Brokers Traders Work Station Master Advisor Account

[Trader 11]

Hi,

I’m interested in your program to trade a Master Advisor Account with Interactive Brokers. Below are some questions to help me understand if this will work for my situation.

1. When linked to a Master Advisor Account will all the trades be entered and managed on a single chart or order entry with one click for that symbol? (This pertains to multiple accounts set up in the Master Advisor Account in IB TWS (Interactive Brokers Trader Work Station) with an amount being allocated equally to each account.)
2. Are there any limitations I should be aware of with MEDVED TRADER vs IB TWS in trading this Master Advisor Account as far as entries, management, and exits?

Below is a specific example:

3. I create an order in MEDVED TRADER to go long 99 shares of MSFT near the close of the market and hold over night. In IB TWS the configuration is for all orders to be evenly allocated between 3 sub-accounts under the Master Advisor Account. Would each account in MEDVED TRADER go long a position of 33 shares per the configuration setup in IB TWS?
4. Once long in MSFT, I create an order in MEDVED TRADER from a single chart or order entry to close the 99 shares position of MSFT the following day. In IB TWS the configuration is set for all

Thanks.

[Jerry Medved]

I answered you via email a few minutes ago

Though we support login by advisor accounts, we do not handle any special management or allocation.  You can select which account to send trades to in MT and MT sends them there. As far as allocation goes, if you have 3 individual accounts linked, TWS shows the login as having 4 – the 3 individual accounts, and the master Advisor account. If you send the trades to the advisor account, I believe that gets allocated to the individual accounts by TWS. Not sure what allocation – most likely whatever default is setup in TWS.