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MetaTrader Interactive Brokers Orders Copier: Seamless Trading Integration

The MetaTrader Interactive Brokers Orders Copier (MTIBOC) is a powerful tool that enables effortless order replication between one or more existing MetaTrader 4/5 accounts and an Interactive Brokers (IBKR) account, including Financial Advisor accounts.

Key Features:

  • Supports all order types, including Stop Loss and Take Profit.
  • Flexible order size scaling for IBKR accounts.
  • Customizable symbol mapping between MetaTrader and IBKR contracts.
  • Designed for Windows OS; compatible with MacOS using Wine or Parallels.
  • Source code available for creating White Label versions for resale.

How It Works:

MTIBOC utilizes an expert advisor (EA) that detects and relays orders from various sources within your MetaTrader 4/5 account to the copier software. The copier then accurately replicates these orders onto your Interactive Brokers account, ensuring seamless execution.

Subscription Options:

  • 10-day trial available for EUR 10.
  • Monthly subscription plans with auto-renewal.
  • Subscription price varies based on the number of managed accounts.

Benefits:

  • Bridges the gap between MetaTrader and IBKR.
  • Cost-effective solution for traders concerned about commissions and execution prices.
  • Offers excellent execution prices on IBKR accounts due to the absence of artificial spreads.
  • Enhances trading efficiency and reduces the potential for errors.

Limitations:

  • Cannot feed MetaTrader charts with IBKR data due to MetaTrader’s limitations.
  • Can’t directly trade options or futures; depends on the capabilities of your MetaTrader broker.
  • Net accounts on IBKR prevent simultaneous long and short positions.

Technical Requirements:

  • Windows 10, Windows 2016, or Windows 2019.
  • Recommended machine specs: 2 Cores >= 3.0 GHz, >= 6 GB RAM.

Why MTIBOC:

MTIBOC stands out as an essential tool for traders seeking seamless integration between MetaTrader and Interactive Brokers. Its ability to replicate orders accurately, cost-effectively, and efficiently makes it a unique solution in the market. By automating order copying, traders can focus more on their strategies and less on manual execution.

Conclusion:

The MetaTrader Interactive Brokers Orders Copier is a valuable tool that simplifies trading operations by effortlessly copying orders from MetaTrader to Interactive Brokers accounts. Its reliability, flexibility, and cost-effectiveness make it a must-have for traders who utilize both platforms. Whether you’re an experienced trader or just starting, MTIBOC can significantly enhance your trading experience.

 

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