Trading Platforms


Trader WorkstationWebTrader
Click the TWS or WebTrader button above to access platform-specific resources including
Software, Quickstart, Demo, Users' Guide, Release Notes and Requirements.

 


IB provides different trading platforms to accommodate the needs of different trading styles. Customers have free access to both platforms, and can log into either one using the same username/password combination. Click a button above for more details on a specific trading platform. View the table below for a high-level platform comparison.

 
Trader Workstation (TWS)
WebTrader
Product description: Trader Workstation is our most powerful, full-featured platform that supports trading of multiple, global assets using numerous order types and algos, and offers many sophisticated trading tools. WebTrader is a scaled-down version with a simplified interface that may better serve the novice trader or one who generally trades a single instrument, or uses more basic order types.
Accessible from behind a firewall? No Yes
Complexity of interface: Relatively complex with a steep learning curve. Simplified and intuitive with much less of a learning curve.
Advanced Trading Tools:
  • BookTrader
  • OptionTrader
  • BasketTrader
  • ScaleTrader algo
  • Integrated Stock Window
  • FXTrader
  • SpreadTrader
  • ChartTrader
  • Accumulate/Distribute algo
  • BookTrader
Supports trading for all account structures? Yes No. Supports Individual traders, with limited support for multi-account allocation.
Login access:
  • Via internet
  • As a stand-alone download onto your desktop
  • Via internet only
Supported order types: Over 50 order types and algos supported.
  • Bracket
  • Discretionary
  • Good ‘Till Date/Time
  • Limit
  • Market
  • Stop
  • Stop Limit
  • Limit On Close
  • Market On Close
  • Trailing Stop
  • Trailing Stop Limit
Supported analytics
  • Price/Risk Analytics with IB Risk Navigator.
  • Technical Analytics including Charts, News and Market Scanners.
  • Comprehensive Global Fundamental Analytics.
  • Technical Analytics including basic charts and news.
  • MarketWatch Fundamentals
  • Market Scanners (stocks only)
Provides realtime account
monitoring? 		Yes Yes
Available in multiple languages? Yes, nine. Yes, nine.