Interactive Brokers mobile app enhances ChartTrader

Maria Nikolova

Updates to mobile ChartTrader now let traders create a simple limit order directly in their charts.

Electronic trading major Interactive Brokers LLC has just released a new version of the IBKR Mobile app for Android-based gadgets. Updates to mobile ChartTrader now let users of the solution create a simple limit order directly in their charts. 

To open ChartTrader with a price line on the current price, traders have to tap the up/down arrows icon near the chart parameters. Drag the price line to the desired price then tap Buy or Sell to create a limit order at that price point.

Interactive Brokers has been regularly updating its mobile solutions. In February this year, for instance, the IBKR Mobile app for iOS devices added MidPrice orders for stocks. MidPrice orders are designed to split the difference between the bid and ask prices, and fill at the current midpoint of the NBBO – or better.

Other recent updates include Direct Debit. US clients of the brokerage can now use electronic transfers via the Automated Clearing House (ACH) network to quickly and securely deposit funds, pay subscriptions and other recurring expenses – and more – right from their account. Traders need to enroll in the Integrated Cash Management program via the Transfer & Pay menu in Client Portal/Account Management to get started.

Position and P&L fields are available in the list of fields to add to one’s Portfolio, Watchlists and more. Values are shown in base currency by default. Values that have been converted to base from another currency are displayed in italics. 

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