Confused about "single broker" license

[stevenev]

Hi, if I purchase the single broker license - for IB....

Can I have multiple IB accounts with that license? I understand there is a "group" feature which I really don't want to use, as I want to have independent strategies, and I understand it is gone in Version 8 anyways.

If not the above, do I have to buy multi-broker licnese to run multiple IB accounts, and would it allow me to trade at the same time, i.e. tie a strategy to a specific account?

How's that done. In the free version, I see you can only connect to one broker account.

Thanks in advance, steve

[NinjaTrader_ChelseaB]

Hello stevenev,

Yes, the license key allows for access to that brokerage type with as many accounts as you would like.

If you want to set up multiple IB connections, each connection needs to use a different port number.
http://ninjatrader.com/ConnectionGui...nnection-Guide

[stevenev]

Hi Chelsea, thanks.

To check my understanding, I could use multiple IB accounts on a single broker license, without using 'group' feature? This means that I can have different strategies running against different IB accounts.

[NinjaTrader_ChelseaB]

Hello stevenev,

Automated NinjaScript strategies cannot use a group account. You would need to create a new instance of the strategy for each account you would like to trade to.

Group accounts will replicate order submissions to multiple accounts, but will not replicate order modifications.

Below is a link to the help guide on Account Groups.
http://ninjatrader.com/support/helpG...unt_groups.htm