Contracts and account checks

PickMyTrade connects to the wrong IBKR account

Quick answer

Check the account returned by TWS and the account selected in the alert. They should be the same destination you meant to use. A connection name or API client ID is not an account number. Read the actual account before a paper test.

Educational software guidance. Trading involves risk. Read the financial and information disclaimers.

Step by step

  1. 1 Check the paper or live mode and account available in TWS. See screenshot.
  2. 2 In PickMyTrade, select IB and open Connections. If it says No Connections Found, complete the desktop connection before choosing an account. See screenshot.
  3. 3 Open Generate Alert and choose the needed alert type. Under Added IB Accounts, open Add Account. Compare Connection Name and IB Account Number with TWS. See screenshot.
  4. 4 Review each account row and its Quantity Multiplier before generating the alert. A connection label is not the broker account number.
  5. 5 Use a controlled paper workflow and check the broker-side account on the resulting record.

A practical example

You name a connection Paper Test, but it points to a session you later changed. The friendly name has not changed even though the account behind it may have. Read the account returned by TWS and the account selected in the alert. Check the real destination before a test. A label, a port, and an account are three different pieces of evidence.

Illustrative scenario, not a record of a trade placed during this review.

Screen reference

PickMyTrade Add Trading Account form with connection, IB account and Quantity Multiplier fields
This blank form shows account selection and Quantity Multiplier, displayed as 1. No Connection Found means the account cannot yet be selected. This is not the saved setup of an existing alert. The form was closed without adding an account. Captured in PickMyTrade on 3 October 2026. Open the image for full size.
PickMyTrade IB Connections with No Connections Found
This authenticated account has no IB connections. The empty panel shows the location only; it does not demonstrate a working broker link. Captured in PickMyTrade on 3 October 2026. Open the image for full size.
TWS login with Paper Trading selected and both credential fields empty
Choose the intended mode before signing in. This is a normal empty login screen, not a reproduced authentication failure. Credentials were cleared before capture. Captured in TWS paper mode on 3 October 2026. Open the image for full size.
How to confirm the result The intended account should be explicit at both the connection and order-routing stages.

Mistake to avoid

Do not infer account mode from a socket port or a friendly connection name.

Common questions

Can one login expose several accounts?

Some account structures do. Select the intended destination explicitly.

Is the API client ID my account number?

No. It shows a client connection.

Financial and information disclaimers

Financial disclaimer

These guides explain software. They are for education, not financial, investment, tax, or legal advice. No example is a suggestion to buy or sell a product or use a trading strategy. Trading can lose money, including all funds you put at risk. With margin, futures, short sales, or some options, losses can exceed your starting funds. Automation can fail, send duplicate orders, or act late. Stops do not guarantee a fill or a price. Review your orders and positions, and seek advice from a qualified professional for your own needs. Paper trades, examples, and past results do not predict live results or promise a profit.

Information disclaimer

This is general help based on the sources and check date shown on the page. Screens, settings, fees, data access, and product support can change or differ by app version, account, country, and broker. The content may contain errors or become out of date; accuracy, completeness, and continuous service are not guaranteed. Check current broker and app instructions before acting. Screenshots show where controls are; they do not prove that an order test passed. This guide does not replace broker terms or risk notices. References to IBKR and TradingView identify their products and do not imply their endorsement of this guide.

IBKR risk disclosures · IBKR paper-trading limits · SEC guidance on automated investment tools

PickMyTrade help · Independent guidance for Trader Workstation and the desktop integration. TWS images show paper trading. Other applications are named in the image captions. Settings and availability can vary by version and account.

Automate TradingView alerts to Interactive Brokers

See the IBKR integration