IBKR & TWS Compatible

TradingView to Interactive Brokers Automation Platform

Automate your TradingView alerts directly to your Interactive Brokers (IBKR) brokerage account in under 5 minutes. PickMyTrade processes your order in under 200ms on our side, then places the matching stocks, options, or futures order on the IBKR trading platform through TWS or IB Gateway.

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Under 200ms Order Processing

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Complete Solution

TradingView to Interactive Brokers Automation

Seamless integration for professional stock, options, and futures traders

What is TradingView to Interactive Brokers Automation?

PickMyTrade enables seamless TradingView alert automation directly to Interactive Brokers (IBKR) through the TWS (Trader Workstation) platform. Our no-code solution allows traders to execute automated trading strategies using TradingView's powerful charting and alert system.

Whether you're trading stocks, options or futures through Interactive Brokers, PickMyTrade bridges the gap between signal generation and order execution with support for both live and paper trading accounts.

Why Choose Automated Trading with IBKR?

Interactive brokers auto trading and IBKR algo trading eliminate emotional decision-making and ensure consistent execution of your trading strategy. With PickMyTrade's Interactive Brokers API integration for TradingView webhook alerts, every signal triggers instant order placement through your Interactive Brokers trading platform:

Fast order relay - PickMyTrade processes your order in under 200ms on our side
24/7 automation - trade global markets around the clock
Advanced risk management - automatic stop loss and take profit
Multi-account support - manage multiple IBKR accounts simultaneously
Global market access - stocks, options, futures, and forex

Supported Trading Platforms & Instruments

Complete ecosystem integration for Interactive Brokers trading

Signal Generation

  • TradingView Alerts
  • TradingView Strategies
  • Pine Script Indicators
  • Custom Webhooks

Execution Platform

  • Interactive Brokers TWS
  • IBKR API
  • Paper Trading Accounts
  • Live Trading Accounts

Instruments Supported

Video Tutorials

Learn Through Video Guides

Watch step-by-step tutorials to master TradingView to IB automation

How to set up automated trading from TradingView to Interactive Brokers?

Playlist

TradingView to Interactive Brokers automated trading setup
How to set up automated trading from TradingView to Interactive Brokers?
Automating TradingView strategies on Interactive Brokers
Automating TradingView strategies on Interactive Brokers for futures and stocks.
Automating TradingView indicators with Interactive Brokers
Automating TradingView indicators with Interactive Brokers (IBKR).
Automate IBKR trading using a TradingView indicator
How to Automate Interactive Brokers (IBKR) Trading Using a TradingView Indicator
Automate IBKR trading using a TradingView strategy
How to Automate Interactive Brokers (IBKR) Trading Using a TradingView Strategy
Setup Your Automation

Connect TradingView to Interactive Brokers in 3 Steps

Set up automated IBKR trading in minutes. No coding knowledge required - just copy, paste, and trade.

1

Configure Your IBKR Account

  • Download and install TWS from the Interactive Brokers website, then launch and login with your IBKR credentials
  • Launch PickMyTrade and click the IB Connection button in the navbar to establish connection
  • Add your account by entering your IB Connection Name and selecting single or multiple account setup
  • Verify your settings including Token, Connection Name, Account Name, Risk %, and Quantity Multiplier
2

Set Up TradingView Webhook Alerts

  • Generate your unique webhook URL in PickMyTrade
  • Copy the alert message code for your strategy
  • Paste into TradingView alert settings
  • Works with both Pine Script indicators and strategies
3

Start Automated Trading

  • When your TradingView alert fires, PickMyTrade receives the webhook
  • PickMyTrade processes your order in under 200ms on our side then relays it to Interactive Brokers
  • Automated stop loss and take profit orders placed simultaneously
  • Monitor trades in real-time through your TWS dashboard

Key features

Why Traders Choose PickMyTrade

Multiple Alert Types

Automate trades using either indicator-based alerts or strategy-based alerts from TradingView. This flexibility ensures your automation works seamlessly with any trading style, from technical analysis to fully coded strategies.

Indicator Alerts

Strategy Alerts

Under 200ms Processing

Seamless Integration

Flexible Symbol Mapping

Trade exactly the asset you want, even if your alert is on a different one. Map symbols freely (e.g., alert on NQ, trade MNQ) or stick to one-to-one mapping for precision.

Cross-Symbol Mapping

Precision Targeting

Flexible Configurations

Smart Quantity Settings

Control trade size your way: set a fixed quantity or use dynamic risk-based sizing that adjusts according to your stop loss and risk percentage, ensuring consistent risk management.

Fixed Quantity

Risk Percentage

Auto Size Adjustment

Risk Protection

Advanced SL & TP Options

Choose from multiple stop loss and take profit calculation methods: by points, percentage, ticks, exact price, or total profit/loss per contract, giving you complete control over trade exits.

Points / Dollars

Percentage

Price Variables

Ticks

Profit/Loss per Contract

Multiple Account Support

Link multiple IB accounts to one PickMyTrade profile and control execution individually with multipliers or risk-based sizing. Perfect for managing multiple portfolios. See the guide to connecting multiple IBKR accounts.

Multi-Account

Quantity Multiplier

Risk-Based Allocation

One-Click Setup

No Credential Sharing Required

Your IB credentials stay completely private. PickMyTrade never asks for or stores your Interactive Brokers login details. Connect securely through IB's official API without compromising account security.

Secure Connection

No Password Storage

Official IB API

Full Privacy

Example

Fast & Accurate Execution

This example illustrates how precision and speed transform market prospects into actionable trades. The strategy buys NQ at 21,891, setting a stop loss at 21,841 and a take profit at 21,991, which is 100 points above. With 10 contracts, trade parameters are well defined, capping potential loss at $10,000 and profit at $20,000.

As soon as the alert goes off on TradingView, PickMyTrade processes the order in under 200ms on our side and relays it to Interactive Brokers without manual intervention. This level of system automation provides consistent adherence to a trading plan without the need for a manual trader, even during periods of high volatility.

Entry Point

BUY NQ 21,891.00

NASDAQ-100 E-mini Futures

Position Size

10 Contracts

$20 per point multiplier

Stop Loss

21,841.00

-50 points risk

Take Profit

21,991.00

+100 points target

Risk Analysis

Maximum Risk

$10,000

50 pts × $20 × 10 contracts

Risk per contract: $1,000

Maximum Profit

$20,000

100 pts × $20 × 10 contracts

Risk/Reward Ratio: 1:2

Before You Start

Requirements and limits

To automate TradingView to Interactive Brokers with PickMyTrade you need:

  • A TradingView Pro, Pro+ or Premium plan. Webhooks are a paid TradingView feature and free accounts cannot send them.
  • TWS or IB Gateway running and logged in, either on your own machine or a VPS, or through PickMyTrade's cloud connection.
  • API access enabled in TWS or IB Gateway (File > Global Configuration > API > Settings), with the correct socket port (7497 paper / 7496 live in TWS) and a trusted IP.
  • The right IBKR market data subscriptions and trading permissions for the assets and exchanges you want to trade.
  • An Interactive Brokers account, paper or live. Test on paper first.

The honest limit: because orders route through the IB API and a webhook round trip, this path fits swing and intraday trading, not sub-minute high-frequency scalping. Orders only reach IBKR while TWS or IB Gateway (yours or PickMyTrade's cloud connection) is running.

Compare Brokers

Interactive Brokers vs other supported brokers

Interactive Brokers is the multi-asset broker in the PickMyTrade lineup. If you only trade futures, a futures-first broker may suit you better. Here is how IBKR compares, with links to set up each one:

Broker Asset classes Best for Set up
Interactive Brokers (IBKR) Stocks, ETFs, options, futures, global exchanges Traders who want one broker for equities, options and futures worldwide This page
Tradovate Futures US futures and Tradovate-based accounts pickmytrade.trade
Rithmic Futures Futures traders who want a fast, established data and routing stack TradingView to Rithmic
TradeStation Stocks, options, futures US traders who want stocks and futures on one platform TradingView to TradeStation

Pricing

One plan, every broker

PickMyTrade is $50 per month or $500 per year. Every account starts with a 5-day free trial and no credit card is required. One subscription covers TradingView to Interactive Brokers automation along with every other supported broker, with unlimited accounts, so you can run stocks, options and futures from the same account. There is no separate fee to connect IBKR, and you can test the full setup on an IBKR paper account during the trial before you commit.

Monthly

$50 / month

Yearly

$500 / year

5-day free trial, no credit card required, unlimited accounts.

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Your Questions Answered

Frequently Asked Questions

Everything you need to know about TradingView to Interactive Brokers automation

Setup & Connections

Can you automate TradingView alerts to Interactive Brokers?
Yes. PickMyTrade connects TradingView to Interactive Brokers, so when your TradingView alert fires, PickMyTrade places the matching order on your IBKR account through TWS or IB Gateway. There is no coding involved. You paste a PickMyTrade webhook URL and alert message into a TradingView alert, and PickMyTrade handles execution on IBKR for stocks, options and futures.
How do I connect TradingView to Interactive Brokers without coding?
Install and log in to TWS or IB Gateway, turn on API access in the settings, then connect that account inside PickMyTrade. Generate your webhook URL and alert message in PickMyTrade and paste them into a TradingView alert. When the alert triggers, PickMyTrade routes the order to IBKR. You never touch the IB API directly and you do not write any code.
Do I need TWS or IB Gateway running for automation to work?
Yes. Interactive Brokers' API works through TWS or IB Gateway, so one of them has to be running and logged in for orders to route. You can run TWS or IB Gateway on your own computer or a VPS, or use PickMyTrade's cloud connection so you do not have to keep your own machine on. Either way, orders only reach IBKR while that connection is live.
Which TWS/IB Gateway API port do I use (paper vs live)?
In Trader Workstation the default API socket port is 7497 for a paper trading account and 7496 for a live account. If you use IB Gateway instead, the defaults are 4002 for paper and 4001 for live. Set the matching port in File > Global Configuration > API > Settings, enable API access, and add your trusted IP.

Trading & Security

What can I trade on IBKR through PickMyTrade (stocks, options, futures)?
You can trade the main IBKR asset classes: stocks and ETFs, options, and futures, across the exchanges your IBKR account is permitted to access. Because Interactive Brokers is a global multi-asset broker, this covers far more than futures alone, which is the main reason traders pick IBKR for automation. It works on both paper and live accounts.
Does PickMyTrade store my Interactive Brokers login or API credentials?
No. PickMyTrade connects through the Interactive Brokers API using TWS or IB Gateway, which you log in to yourself. Your IBKR username and password stay with Interactive Brokers, and you authorize the API connection inside your own TWS or Gateway. PickMyTrade sends orders over that authorized connection rather than storing your broker login.
How fast are orders executed and is this suitable for scalping?
PickMyTrade processes your order in under 200ms on our side. Total time from chart to fill also depends on TradingView's webhook delivery, the round trip to IBKR through TWS or IB Gateway, and IBKR's own routing. This suits swing and intraday strategies well. It is not designed for sub-minute high-frequency scalping where microseconds decide the outcome.

Requirements & Pricing

Do I need a TradingView paid plan to use webhooks with IBKR?
Yes. Webhook alerts are a paid TradingView feature, so you need a TradingView Pro, Pro+ or Premium plan to send alerts to PickMyTrade. Free TradingView accounts cannot send webhooks. Everything else, connecting IBKR and routing orders, is handled inside PickMyTrade.
Can I run multiple IBKR accounts from one TradingView strategy?
Yes. PickMyTrade can route a single TradingView alert to one or more Interactive Brokers accounts, so you can mirror the same strategy across several accounts. You map each alert to the account or accounts you want it to trade. See the guide on connecting multiple IBKR accounts for the exact steps.
How much does TradingView-to-IBKR automation cost and is there a free trial?
PickMyTrade is $50 per month or $500 per year, and every account starts with a 5-day free trial that needs no credit card. The subscription covers TradingView to Interactive Brokers automation along with the other supported brokers. You can test the full setup on a paper account during the trial before committing.

Have more questions? We've answered 160+ in our complete IB FAQ.

View All 160+ Interactive Brokers FAQs

Start Your Automated Trading Journey with Interactive Brokers

What Makes PickMyTrade Different for IBKR?

Unlike other trading automation platforms, PickMyTrade is purpose-built for TradingView to Interactive Brokers algorithmic trading. Our automated trading system for Interactive Brokers leverages the IBKR API to provide seamless connectivity. We understand the unique requirements of the IBKR platform and IBKR trading platform users across global markets.

  • No coding required - alternative to complex IBKR API Python development
  • Fast order relay - leveraging IBKR API for under 200ms order processing on our side
  • Multi-asset support - stocks, options, futures, forex through IBKR
  • 24/7 reliability - cloud-based infrastructure for uninterrupted trading

Ready to Automate Your IBKR Trading?

Join hundreds of traders who use our interactive brokers auto trading solution. Whether you're testing with an IBKR paper trading account or trading live on your interactive broker account, PickMyTrade makes IBKR algo trading accessible to everyone.

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