For any trader who wants to
play big, there comes a time when he needs to enter the
international trading markets and, in particular, one of the largest markets – the
US market. The abundance of brokers providing their services to the trader
is not always beneficial, as various offers and conditions often put the trader at a standstill.
Let's look at the largest by the
number of transactions per trading day company Interactive Brokers. Today, we can safely say that this company is the
most technologically advanced company in the States in its field providing users with various types of connection to work through
Interactive Brokers API.
It is
very important that the broker
works not only with US citizens, but also foreigners and tries to fully provide all
technical support to foreign users.
A little history about
Interactive Brokers. This broker has been
working in the US market since the late 70s. For all the time of its work, the broker has
established itself as a
reliable, advanced in information technology partner. An important fact is that the broker is the
only one in its field in the US market
has its own clearing company. From 2010 to 2017, according to experts,
Barron's Interactive Brokers was awarded the title of
leader among online brokers. The broker is among the
top ten, according to the resource
www.stockbrokers.com, among online brokers. To date, the
equity of the broker amounted to
more than $6 billion, the
market value ranges from
$16 billion.
One of the
important aspects to get started is opening an account with a broker. What are the positive aspects of broker account registration at
Interactive Brokers:
-
Registration takes place online, in which you fill out the necessary forms to open;
-
Copies of documents for opening a brokerage account must be provided in
electronic form.
After a
few days, after the verification your account will
be activated. Do not rush to transfer money before the end of the test, as you will not be able to use them until the documents are checked.
After it became available for the management of a brokerage account in the personal Cabinet you
need to create a request for replenishment of funds.
Different currencies can
be used to replenish the account, which simplifies the task for users.
Let's look at what types of
platforms Interactive Brokers offers for trading:
-
Mobile version of the platform, which enables online trading through mobile gadgets with
iOS and
Android operating systems;
-
Desktop version of the platform Trader Workstation (TWS), which is a full-fledged terminal for work
-
WEB application -
WebTrader, built on
HTML, allowing online use of trading functions and tools.
The
Interactive Brokers API requires
special attention. With all the
positive reviews about
Interactive Brokers, there is a very important point. The broker
provides open source code to create its own application based on its
API.
Many users who first open
Trader Workstation, the desktop version of the terminal, are confused. The abundance of seemingly different related information on the screen leads to confusion. Quite a long time design, makes use of the terminal is very inconvenient and causing a large number of questions.
In order to correct the situation, the
broker provided access to the
Interactive Brokers API libraries, so that each user would have the opportunity to
create their own terminal.
Applications that are
created using Interactive Brokers API have
full functionality, have
access to the user's
open accounts,
access to
market data and
trading charts.
A wide range of
programming languages is limited only by the choice of operating system for some of them:
Having the
ability to create their own application, the user
creates a convenient environment for work. For the convenience of
creating your application, we recommend using our
S#.API.
This program allows you to
use libraries to create the necessary software product for the trader – terminal, using the
C#. The library's own
API, allows you to expand the capabilities of the
created terminal. The integrated ability to
connect through the necessary Protocol, such as
FIX Protocol, through our connectors, allows you to
simplify the user's work, thereby reducing the time for the
development and adaptation of the application to
work on the trading floor.