ScaleTrader

The TWS ScaleTrader is a flexible, automated trading algorithm that lets you scale into a large position
without being subject to increasingly deteriorating prices,
or trade continually over a specified price range to capture a user-defined profit offset amount.


ScaleTrader

TWS ScaleTrader is designed to help you average down or buy into a weak declining market at ever-lower prices; or conversely, to sell into a market that, having reached highs that are unstable, can be expected to decline; or scale out of a long position.

TWS ScaleTrader offers traders these benefits:
  • Support for Multiple Products - Use ScaleTrader for most products supported by IB, including stocks, options, futures, forex, and bonds, but excluding mutual funds.
  • Trade Pairs and Combos - Custom tabbed interfaces make it easy to set up and monitor large volume scale trade for stock-stock pairs and multi-leg combos.
  • Take Advantage of Fluctuating Markets - The ScaleTrader can be programmed to buy and sell repeatedly in a fluctuating market with a single click to the Restore size after taking profit feature. This replenishes the original quantity from the filled profit-taking side to continually refuel the scale process.
  • Get Price Protection on Your Orders - Completely automates large volume order scaling to insulate trades from increasingly deteriorating prices.
  • Use Automated Profit-Taker - Automatically create profit-taking orders at the user-specified profit offset to sell into periodic surges or liquidate your positions when you have reached your profit objectives.
  • Benefit from Liquidity Rebates - The ScaleTrader can be a liquidity providing strategy that can help you benefit from the liquidity rebates offered by exchanges.

Options involve risk and are not suitable for all investors. For information on the uses and risks of options, you can obtain a copy of the Options Clearing Corporation risk disclosure document titled Characteristics and Risks of Standardized Options by clicking here.

Interactive Brokers Canada Inc. is a member of the Canadian Investment Regulatory Organization (CIRO) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the CIRO AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.


Know Your Advisor: View the CIRO AdvisorReport