In the fast-paced world of trading, efficiency and precision are paramount. For traders seeking to leverage the robust features of MetaTrader while capitalizing on the competitive advantages offered by Interactive Brokers, the MetaTrader to Interactive Brokers Order Copier presents an innovative solution.

This software seamlessly copies orders from MetaTrader 4/5 accounts to Interactive Brokers (IBKR), ensuring that traders can execute their strategies across both platforms without missing a beat.

With this order copier, users can automate the transfer of all types of orders—including market, limit, and stop orders—along with associated stop-loss and take-profit levels. Whether you are trading manually, utilizing scripts, or employing expert advisors, the copier operates fully automatically, providing a hassle-free experience. The integration allows for flexible order size scaling and customizable linking between MetaTrader symbols and Interactive Brokers contracts, making it a versatile tool for traders of all experience levels.

As trading becomes increasingly complex, the ability to combine the user-friendly interface of MetaTrader with the extensive market access and lower commission rates of Interactive Brokers can significantly enhance trading performance. This introduction to the order copier not only highlights its functionality but also sets the stage for a deeper exploration of how it can optimize your trading strategy in today’s competitive environment.

✅ Click Here To Order Today - Before It's Too Late!

How to Copy Orders from MetaTrader to Interactive Brokers

Choose an Order Copier Software:

Several options are available, such as the MetaTrader to Interactive Brokers Order Copier from Trade Commander or the MT5 to Interactive Brokers Copier. These tools facilitate the automatic copying of trades from MetaTrader accounts (MT4/MT5) to your Interactive Brokers (IBKR) account.

Install the Software:

After purchasing the order copier, download and install it on your computer. Ensure that you have a compatible operating system (typically Windows; Mac users may need additional software like Wine or Parallels).

Connect Your Accounts:

Open the order copier and input your MetaTrader and Interactive Brokers account details. This typically involves entering your API keys or login credentials for both platforms.

Configure Settings:

Set up the copier by selecting the types of orders you want to copy (market, limit, stop orders) and configure additional settings such as stop loss and take profit levels. You can also customize lot sizes and risk management parameters.

Link Symbols:

If necessary, link MetaTrader symbols to their corresponding Interactive Brokers contracts. This ensures that trades are copied accurately according to the assets you are trading.

Start Copying Orders:

Once everything is set up, activate the copier. It will automatically replicate trades from your MetaTrader account to your Interactive Brokers account in real-time.

Monitor Performance:

Keep an eye on the performance of your copied trades through the order copier’s interface or directly within your Interactive Brokers account. Most copiers provide detailed reporting features.

Adjust as Needed:

If you need to change any settings or link additional accounts, you can do so within the software interface without interrupting the copying process.

The MetaTrader to Interactive Brokers Order Copier is a powerful tool designed to facilitate seamless trading by automatically copying orders from MetaTrader 4/5 accounts to Interactive Brokers (IBKR) accounts. Here’s how the copier works:

✅ Get Access Now Get Discount

How the Copier Works

Connection Setup:

The order copier connects your MetaTrader account (MT4/MT5) to your Interactive Brokers account. This setup allows for real-time data transfer between the two platforms.

Order Types Supported:

The copier supports all types of orders, including market orders, limit orders, stop orders, and even complex setups involving stop-loss and take-profit levels. This flexibility ensures that any trading strategy can be mirrored accurately.

Real-Time Order Copying:

As soon as a trade is executed in your MetaTrader account, the copier instantly replicates that order in your Interactive Brokers account. This real-time copying is crucial for maintaining consistency in trading strategies and capitalizing on market opportunities without delay.

Automated Process:

The entire process is automated, meaning once the copier is set up, it runs in the background without requiring manual intervention. This automation significantly reduces the risk of human error and allows traders to focus on strategy rather than execution.

Order Size Scaling:

Users can customize how order sizes are scaled when copied to Interactive Brokers. For example, traders can define a multiplier that determines how many shares are placed for each lot traded on MetaTrader. This feature allows for precise risk management and position sizing according to individual trading preferences.

Flexible Symbol Mapping:

The copier enables users to link MetaTrader symbols with their corresponding Interactive Brokers contracts. This flexibility ensures that trades are copied accurately across different asset classes and trading instruments.

Support for Multiple Accounts:

Traders can use the copier across multiple accounts, allowing them to manage various portfolios simultaneously without additional effort.

User-Friendly Interface:

The software is designed for ease of use, making it accessible for both novice and experienced traders. Once installed and configured, it operates smoothly without requiring ongoing adjustments.

Compatibility:

The copier works with both demo and live accounts on MetaTrader and Interactive Brokers, making it suitable for testing strategies before going live.

Security Features:

The software incorporates secure data transfer protocols to protect user information and ensure safe trading practices.

 Where to buy the MT-IB Copier?

To purchase the MT-IB Copier, you can visit the official website of Trade Commander. Here are the details:

Where to Buy: You can explore the options for purchasing the MetaTrader to Interactive Brokers Order Copier at Trade Commander 2.

This software allows you to seamlessly copy orders from MetaTrader 4/5 accounts to your Interactive Brokers account, supporting various order types and ensuring efficient trade execution.

Benefits of Copying Orders Digitally

Access to Experienced Traders:

By utilizing copy trading, investors can emulate the strategies of successful traders. This access allows beginners to leverage the expertise and experience of those who have a proven track record in the market, potentially leading to better trading outcomes.

Convenience and Ease of Use:

Digital order copying simplifies the trading process. Traders can easily select which traders to copy with just a few clicks, eliminating the need for extensive market research and analysis. This convenience is particularly appealing for those with limited time to dedicate to trading.

Reduced Learning Curve:

For beginners, copy trading provides a significantly shorter learning curve. Instead of spending years mastering trading strategies, new investors can start profiting immediately by following seasoned traders, allowing them to learn through observation and practice.

Diversification of Investment Portfolio:

Copying multiple traders allows investors to diversify their portfolios across various assets and trading styles. This diversification can help mitigate risks associated with exposure to a single market or asset, leading to a more balanced investment strategy.

Potential for Higher Returns:

By copying the trades of successful traders, investors may achieve returns that exceed what they could achieve on their own. Experienced traders often have established strategies that yield consistent profits, making it possible for copiers to benefit from these results.

Time-Saving:

Copy trading automates the trading process, saving time for investors who would otherwise spend hours analyzing market conditions and making decisions. This automation allows traders to engage in other activities while still participating in the financial markets .

Community and Collaboration:

Many social trading platforms foster a community where traders can share insights and strategies. This collaborative environment can enhance learning opportunities and provide additional support for those new to trading.

Flexibility in Position Sizing:

Investors have control over their position sizes when copying trades, allowing them to adjust their risk exposure according to their comfort level. This flexibility helps manage risk while still participating in the strategies of experienced traders.

Reduced Emotional Stress:

Automated order copying removes much of the emotional stress associated with trading decisions. By relying on proven strategies from successful traders, investors can avoid the pitfalls of emotional decision-making that often lead to losses

 Can the copier feed my MetaTrader charts with IBKR data?

The MT-IB Copier does not have the capability to feed your MetaTrader charts with Interactive Brokers (IBKR) data. According to the information provided, here are the key points regarding this limitation:

No Market Data API: MetaTrader does not support a market data API or broker API that would allow external data feeds, such as those from IBKR, to be integrated into its charts. This is due to MetaTrader's closed business model, which relies on controlling market data and charging users through artificial spreads.

Independent Functionality: While the MT-IB Copier effectively copies orders from MetaTrader to IBKR, it does not facilitate the transfer of market data back to MetaTrader. Therefore, you cannot view IBKR market data directly on your MetaTrader charts.

Execution and Order Copying: The copier is designed to automate the process of copying trades executed in MetaTrader to your IBKR account. It supports various order types and allows for scaling order sizes but does not provide real-time market data visualization within MetaTrader.

Alternative Solutions: If you need to view IBKR data on charts, you would have to use other platforms or tools that support IBKR's market data subscriptions, as MetaTrader is not designed for this purpose.

✅ Limited-Time Discounts Available - Order Now!

 How to link MetaTrader symbols to IBKR contracts?

Steps to Link MetaTrader Symbols to IBKR Contracts

Access the Mapping Table:

Open the MT-IB Copier software, which will provide you with a mapping table for linking MetaTrader symbols to IBKR contracts.

Select the IBKR Contract:

In the mapping table, begin by selecting the specific IBKR contract you wish to link. This could be any asset available on Interactive Brokers that you want to trade.

Link MetaTrader Symbols:

Once you have selected the IBKR contract, define which MetaTrader symbols will be linked to this contract. The copier allows you to connect multiple MetaTrader symbols to a single IBKR contract.

Default Mappings:

The software typically includes default mappings for common MetaTrader symbols (e.g., EUR/USD). You can use these defaults or create custom mappings as needed.

Add, Delete, or Change Mappings:

You have the flexibility to add new mappings, delete existing ones, or modify current mappings in the table according to your trading strategy and preferences.

Custom Mapping Examples:

For instance, you can link a MetaTrader symbol like EUR/USD to an IBKR contract for XAU/USD if it makes sense for your trading approach. This flexibility allows for unique setups, such as linking MetaTrader stock CFDs to real stocks on IBKR.

Define Share Placement:

When linking a MetaTrader symbol to an IBKR contract, you can also specify how many shares should be placed in the IBKR account when one lot is executed for the corresponding MetaTrader symbol. This setting helps manage position sizing effectively.

Save Your Settings:

After configuring your mappings and settings, ensure that you save your changes within the copier software.

 What are the system requirements?

System Requirements for MT-IB Copier

Operating System:

Windows 10 or higher (including Windows 11, Windows Server 2016, 2019, or 2022).

Processor:

At least 2 Cores with a minimum clock speed of 3.0 GHz.

Memory (RAM):

A minimum of 6 GB RAM is recommended for optimal performance.

VPS Compatibility:

The copier can run on a Virtual Private Server (VPS), and it is advisable to use a Windows-compatible VPS. Ensure that the VPS allows loading DLLs into MetaTrader, as this is essential for communication between MetaTrader and the copier.

Interactive Brokers Software:

You will need to have the Trader Workstation (TWS) or IB Gateway installed, with the recommended version being the latest stable version provided by IBKR.

MetaTrader Installation:

Ensure that you have MetaTrader 4 or MetaTrader 5 installed on your system.

Network Requirements:

A stable internet connection is necessary for seamless order copying and communication between platforms.

Final Thoughts

In conclusion, the MetaTrader to Interactive Brokers Order Copier is an invaluable tool for traders looking to streamline their operations across multiple platforms. By automating trade copying, it enhances trading efficiency while minimizing errors, allowing traders to focus on strategy development rather than execution. Whether you are a manual trader or utilizing automated strategies, this copier can significantly improve your trading experience by ensuring that every opportunity is captured seamlessly.

For more information or to purchase the MT-IB Copier, visit the official Trade Commander website here.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. It is advisable to conduct thorough research and exercise caution before making any financial decisions.