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IB friends and family revisted

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    IB friends and family revisted

    Hi There,
    I know there have been several posts about this in the past but most date back several years ago and I am curious if there has been any updates on this.

    according to interactive brokers site:

    Q: Is Ninja Trader compatible with IB’s Financial Advisor and Friends & Family account type?
    A: Yes, although not with the full order allocation functionality provided directly through the TWS. While Ninja Trader can be used to submit orders for a client sub-account through the Advisor master account, it does not allow for a single order to be allocated to more than one sub-account. This is in contrast to the TWS user interface which provides for multi-client trade allocations from a single order (through the Account Group or Allocation Profile options).



    The desired functionality I am looking for is as follows:

    1. kinetick data feed primary connection
    2. interactive brokers master account secondary connection

    all trades routed through the master account would then use the account allocation profile setup in TWS to route orders to the sub accounts. In my situation there would only be 2 accounts. So ideally if I were to submit an order to buy 100 shares of XYZ on that primary master account, would it automatically be able to allocate 25% to one subaccount and 75% to the master?

    Thank you,
    Evan

    #2
    Hello slocumtrader,

    Thanks for your post.

    At this time you still would not be able to place orders to the advisory master account to allocate your trades to each account.

    What you could use however is the Account Groups feature of NinjaTrader however with this the order will be submitted to both accounts the same, you would not be able to have separate quantities to each account.

    Below I have provided a link to the Account Groups section of our help guide for more information.
    http://www.ninjatrader.com/support/h...unt_groups.htm
    BrandonNinjaTrader Customer Service

    Comment


      #3
      I realize this is an old post but have things changed? Is it possible now?

      Comment


        #4
        Nothing has changed regarding Interactive Brokers account support in NinjaTrader 7.

        In NinjaTrader 8, account groups no longer exist, so the solution below would not work, however, 'FA' accounts are now officially supported in NinjaTrader 8.
        Patrick G.NinjaTrader Customer Service

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