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Interactive Brokers - experiences and opinions

  • #861
  • Mar 5, 2020 4:08am Mar 5, 2020 4:08am
Quoting Trader915
Anyone else experiencing server/connection issues with TWS/mobile/web/ account login on website etc atm ?
Same problem here...

Impossible to reach them by phone...

https://www1.interactivebrokers.com/en/index.php?f=2225

Where are you located?

(I'm in France)
  • #862
  • Mar 5, 2020 5:06am Mar 5, 2020 5:06am
Cheers for the link.

Yeah, hung up after waiting 45 min on the phone...

Appears to be resolved for now.

I'm in Austria.
  • #863
  • Apr 28, 2020 5:07pm Apr 28, 2020 5:07pm
hello,

i'm planning to open an account with IBKR to trade futures and forex,

BUT i'm really preoccupied by some spikes i see on charts (not present with other brokers), like on usdtry 2019 and many others i guess.
They're proud to have huge liquidity,etc but it seems that the standard shit happens with them also,
So, can you enlight me on this broker, is reasonable to trade forex with them, or can i just trade futures currencies ?
Or they do usual manipulations for forex section like fxcm,etc. and get fines every year ahah ?

Attached Image (click to enlarge)
Click to Enlarge Name: usdtry manipulation ibkr.PNG Size: 69 KB


i see also a thread on this subject here : https://www.elitetrader.com/et/threa...-price.322308/


thank you for your feedback
  • #864
  • May 12, 2020 2:49am May 12, 2020 2:49am
Hiya,



Anyone opening an IB account for Sport Forex and Futures? The TWS is too poor to consider it a charting platform. What third-party charting match best with this? Does it worth buying Ninja-trader for 1099USD and connect it to the IB? Anf if so, does the price can get manipulated by Ninja-trader, or as its paid in advance for platform charge, there will be no price manipulation from the Ninja-trader side? Also whats better from Ninja-trader to buy it separately and connect it to the IB account?


Tnx and best of luck
<3
  • #865
  • May 17, 2020 9:20am May 17, 2020 9:20am
Quoting BlondePeach
Hiya, Anyone opening an IB account for Sport Forex and Futures? The TWS is too poor to consider it a charting platform. What third-party charting match best with this? Does it worth buying Ninja-trader for 1099USD and connect it to the IB? Anf if so, does the price can get manipulated by Ninja-trader, or as its paid in advance for platform charge, there will be no price manipulation from the Ninja-trader side? Also whats better from Ninja-trader to buy it separately and connect it to the IB account? Tnx and best of luck ...

i've answered to your PM but i have a question, why you don't simply make your analyzis with MT4 ? Personnaly i find it's the best in terms of number of indicators, personnalisation,etc.

i'll go to IBKR just to enter my orders.

Btw, for people interested, after several mails to IBKR and messages on forum, i still have 0 answer from IBKR on these forex artificial spikes...
  • #866
  • May 21, 2020 11:31am May 21, 2020 11:31am
Quoting thomasz1
{quote} i've answered to your PM but i have a question, why you don't simply make your analyzis with MT4 ? Personnaly i find it's the best in terms of number of indicators, personnalisation,etc. i'll go to IBKR just to enter my orders. Btw, for people interested, after several mails to IBKR and messages on forum, i still have 0 answer from IBKR on these forex artificial spikes...
Hiya @thomasz1



I don't know why but I don't get a notification for replies to my posts here in ForexFactory for an unknown reason, thus I just saw this now.
1) I like to do the analysis with MT4 too, but then as the IB does not have the MT4 account(directly), where can I get the data-feeds for MT4 account that I'm doing the analysis for placing trades in TWS directly?
2) The platforms like NT8 have better and sharper charting/indicators and tools, that MT4 does not?


Tnx and best of luck
<3
  • #867
  • May 21, 2020 1:09pm May 21, 2020 1:09pm
I'll add my 2 cents....

Regarding the price spikes on the Turkish lira it will be difficult to tell this late afterwards if they really occurred live or not. I have never had any issues with price spikes that were specifically only occurring on IB's platform.

I've been trading with IB for many years and while they are not perfect, this is by far IMO the best broker available for anyone trading 100K positions or larger outside of a real tier one prime broker. But again, good luck getting a agreement with them as a sole trader entity regardless of how much capital you've got. It wont happen!

As an example I use Duklascopys Jforex as charting software and then execute my trades through IB as I've never been much of a fan of their charting platform.
Use whatever works for you in terms of charts/analytics (whether its MT4, Jforex, Multicharts etc) and simply use IB for execution. I trade manually so don't ask me about automated stuff.

//Trader915
  • #868
  • May 22, 2020 7:01am May 22, 2020 7:01am
Quoting Trader915
I'll add my 2 cents.... Regarding the price spikes on the Turkish lira it will be difficult to tell this late afterwards if they really occurred live or not. I have never had any issues with price spikes that were specifically only occurring on IB's platform. I've been trading with IB for many years and while they are not perfect, this is by far IMO the best broker available for anyone trading 100K positions or larger outside of a real tier one prime broker. But again, good luck getting a agreement with them as a sole trader entity regardless of...
thank you for your feedback ! Appreciated

yes, what i like with them is their liquidity that you can see here :
Attached File(s)
File Type: pdf chiffres février interactive broker et autres broker volume liquidité.pdf   238 KB | 842 downloads


what is quite reassuring but what conveys yet less comprehensible and more suspicious huge spikes on some products (even for minor pairs)
  • #869
  • May 22, 2020 7:11am May 22, 2020 7:11am
Quoting BlondePeach
{quote} Hiya @thomasz1 I don't know why but I don't get a notification for replies to my posts here in ForexFactory for an unknown reason, thus I just saw this now. 1) I like to do the analysis with MT4 too, but then as the IB does not have the MT4 account(directly), where can I get the data-feeds for MT4 account that I'm doing the analysis for placing trades in TWS directly? 2) The platforms like NT8 have better and sharper charting/indicators and tools, that MT4 does not? Tnx and best of luck
don't know for your first point,

but i disagree for second point, you have all indicators you can imagine on mt4, more than anywhere else, if i had to see something annoying with mt4 it's the huge pc ressources it requires and the poor wide of timeframes, but it exists solutions for that with offline charts if i'm not wrong, but hey, your choice of course ^^
Till you're profitable it's the right choice ahah
  • #870
  • Edited 10:28am May 22, 2020 10:08am | Edited 10:28am
Quoting Trader915
...good luck getting a agreement with them as a sole trader entity regardless of how much capital you've got. It wont happen! ...
Hiya @Trader915



Thanks. 1) Do you mind please clarifying what do you mean by this 'agreement'? Could you please explain it in details and possibilities as a 'sole trader' and 'corporate accounts' as well?
2) What's wrong with Duka that you prefer it over IB? How do you compare Duka to IB in term of not-price-manipulation, not unlimited spread, nor unlimited spike experiencing when/if you trade with them?
3) Does the Duka's live data feeds in smaller to larger timeframes like 1Min, 5Min, 15Min, 1Hour and 4Hour have the exact patterns of candles match IB's candlestick patters in relevant timeframes or it's different?

May please answer in details?


Tnx and best of luck
<3
  • #871
  • May 22, 2020 10:19am May 22, 2020 10:19am
Quoting thomasz1
{quote}... and the poor wide of timeframes, but it exists solutions for that with offline charts if i'm not wrong, but hey, your choice of course ^^ .
Hiya @thomasz1


Thanks. Do you mind explaining what do you mean by these 'poor wide of timeframes'? And regarding system resources usage, the NT8 has the highest usage than MT4. But I bought a custom build laptop for trading, it has Xeon-2276 4.7+GHz Turbo-boost CPU+high specifications. Thus I don't feel any pain in resources.
?

Tnx and best of luck
<3
  • #872
  • May 22, 2020 10:22am May 22, 2020 10:22am
Hiya everyone,




Also, I'm looking to build an AI/EA that can send me signals by email when there is an indicator cross or MA cross, and alert my by email, is there any solution for this already or shall I build myself something personally?


Tnx and best of luck
<3
  • #873
  • Edited 4:57am May 24, 2020 4:25am | Edited 4:57am
Hiya,



Does anyone know if there is an equivalent of this report for Switzerland based brokers? This report is for US brokers and it's named 'SELECTED FCM FINANCIAL DATA AS OF...'. It does show how much 'Adjusted Net Capital' every regulated broker has and how much ''Total Amount of 'Retail Forex Obligation' each broker has?

Tnx and best of luck
Attached File(s)
File Type: pdf 01- FCM Webpage Update - March 2020.pdf   237 KB | 613 downloads
<3
  • #874
  • Jun 1, 2020 5:43am Jun 1, 2020 5:43am
Quoting thomasz1
hello, i'm planning to open an account with IBKR to trade futures and forex, BUT i'm really preoccupied by some spikes i see on charts (not present with other brokers), like on usdtry 2019 and many others i guess. They're proud to have huge liquidity,etc but it seems that the standard shit happens with them also, So, can you enlight me on this broker, is reasonable to trade forex with them, or can i just trade futures currencies ? Or they do usual manipulations for forex section like fxcm,etc. and get fines every year ahah ? {image} i see also a...
I suggest to use this broker as broker not as datafeeding for your signal, best way to me: Platform=MCs; datafeeding=Oanda; Broker=IB. Cheers
  • #875
  • Jun 1, 2020 8:54am Jun 1, 2020 8:54am
Quoting Xamarass
{quote} I suggest to use this broker as broker not as datafeeding for your signal, best way to me: Platform=MCs; datafeeding=Oanda; Broker=IB. Cheers
hello, thank you for your answer, so you can assure me that spikes i see on the graphs are just technical/ visual mistakes ? Are you sure it was not real, no need to be afraid for my SL ahah ?
  • #876
  • Jun 1, 2020 9:08am Jun 1, 2020 9:08am
Quoting thomasz1
{quote} hello, thank you for your answer, so you can assure me that spikes i see on the graphs are just technical/ visual mistakes ? Are you sure it was not real, no need to be afraid for my SL ahah ?
Hi I can assure that quality data of iqfeed in my experiance are better than IB datafeed that's the reason why I suggest you DON'T use IB datafeed to feed your charts.
Hope it's clear and hope it helps . cheers
  • #877
  • Jun 1, 2020 9:23am Jun 1, 2020 9:23am
Quoting Xamarass
{quote} Hi I can assure that quality data of iqfeed in my experiance are better than IB datafeed that's the reason why I suggest you DON'T use IB datafeed to feed your charts. Hope it's clear and hope it helps . cheers
yep it's clear but it doesn't really answer to my problem because i still don't know if i must be afraid for my SL or no ahah
(I really completely don't care of spikes for my analysis, i just want to be sure they are visual,technical mistakes and not real manipulations / SL hunting, but with the end of pandemy i hope i'll can finally talk to their support, if i have an answer i'll share on the thread )


but it's still a valuable comment so thank you for your time
  • #878
  • Jun 1, 2020 5:45pm Jun 1, 2020 5:45pm
Quoting thomasz1
{quote} yep it's clear but it doesn't really answer to my problem because i still don't know if i must be afraid for my SL or no ahah (I really completely don't care of spikes for my analysis, i just want to be sure they are visual,technical mistakes and not real manipulations / SL hunting, but with the end of pandemy i hope i'll can finally talk to their support, if i have an answer i'll share on the thread ) but it's still a valuable comment so thank you for your time
ops sorry Thomasz but I'm not probably able to confirm you that your SLs are safe but if are not safe with IB, please don't use any other brokers… are worst. And anyway if they are manipulating price hunting SL (I don't beleive that) their tech support will not be helpufull !
  • #879
  • Jun 10, 2020 2:23pm Jun 10, 2020 2:23pm
Quoting Xamarass
{quote} ops sorry Thomasz but I'm not probably able to confirm you that your SLs are safe but if are not safe with IB, please don't use any other brokers… are worst. And anyway if they are manipulating price hunting SL (I don't beleive that) their tech support will not be helpufull !
Hiya @Xamarass and all IB users,

Part of the tech-support team is the one who does the price manipulations(the 1% who are hand in hand with business-owner/funder/CEO/CXO). it's like you call the p¬oli~ce and claim against one of them who assaulted you. While you should file to the court.

This also confirms that IB is less price manipulator than others.

Programmers advise please;
How is this connection through the IB's Native Python, Python(actually) and Java connections to IB or IB's TWS?


Tnx and best of luck
<3
  • #880
  • Jun 10, 2020 2:40pm Jun 10, 2020 2:40pm
Quoting Xamarass
{quote} I suggest to use this broker as broker not as datafeeding for your signal, best way to me: Platform=MCs; datafeeding=Oanda; Broker=IB. Cheers
Hiya @Xamarass



Do you mind clarifying whether you get the data feeds from 'datafeeding=Oand' as you mentioned it IDfeeds? How OandA offers the data feeds? How do you get into conclusion that IQfeeds is superior to IB's data as if you get performed a test result over a specific period of time? May I see the results of your experiments for my own records, please? or at least you may clarify why you get into this conclusion and by what factors that you believe is correct? Please I never want to doubt you, I never mocked your results, just what to know if this is based on proper factors or its just your feeling that's it?


Tnx and best of luck
<3
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