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FX trading IDEAL and IDEALPro with IB

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    FX trading IDEAL and IDEALPro with IB

    I'm about to start trading FX with IB via NT.
    IB offers IDEAL (for trades < 25k) and IDEALPro for trades > 25k.
    How can I specify that I want my trades routed to any of them on NT?
    If I send a 10k order from NT (automated script), does it go directly to IDEAL?

    Thank you

    #2
    Hello,

    I do not know anything about these types of accounts, but order routing is account specific. So any order that is placed must have an account associated to it. When you attach an strategy to a chart or the Strategies tab, you given an Account field to route the orders to. Once the order is submitted to IB, you will need to work with IB as to how this is handled.
    DenNinjaTrader Customer Service

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      #3
      Thank you for your reply.
      IDEAL and IDEALPro are not accounts but two different FX ECNs both offered by IB.

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        #4
        Hello,

        If you have specified that account and have created an account connection for this, your order will be routed to that account.

        You create an account connection using these steps:
        DenNinjaTrader Customer Service

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