How Does Trading Multiple Accounts Simultaneoulsy with IB F&F Work?

May 18th, 2020, 06:32 PM

Does anyone have experience trading multiple accounts with IB Friends and Family? I would like to place trades on a single chart and have those replicated and size adjusted across accounts. I currently use ninjatrader but I dont know if this platform would work. Is this functionality on the backend/IB software, or does it have to be supported by the front end, ninjatrader?

May 18th, 2020, 08:14 PM

I can only provide dated information which may not be of any value. About 8 years ago I had a F&F account. Trading purely from IB's non-chart-based format, it was pretty slick. If I remember correctly, you could setup the "allocation" at #contracts specifically for the various accounts. Alternatively, the gains/losses could be distributed based on the % of capital available in each of the F&F accounts.

Sadly, by the time I started using NT, I was not using IB. It would be interesting to know how much of the IB-only (BE) functionality exists using the front end.

June 20th, 2020, 09:44 AM

I just did this setting up an an advisory account. You don't need a front-end platform. I did it all in R and then Python (I finally threw in the towel with R - it was/is my favorite language). Check out Interactive Brokers API Documentation on GitHub. https://interactivebrokers.github.io/tws-api/

It will explain how to set it up in Java, C#, Python, C++, and VS. I hated just having a back-end program running, so I eventually made myself a fancy GUI with JavaScript and Adobe Creative Cloud lol.

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June 20th, 2020, 09:48 AM

You also may be able to connect NinjaTrader with IB TWS using the Interactive Brokers IB Gateway app (you can download it on their website).

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How Does Trading Multiple Accounts Simultaneoulsy with IB F&F Work?

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How Does Trading Multiple Accounts Simultaneoulsy with IB F&F Work?