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.
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.
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options".
Your capital is at risk and your losses may exceed the value of your original investment.
Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.
Cryptoassets are unregulated in the UK. Interactive Brokers (U.K) Limited ("IBUK") is registered with the Financial Conduct Authority as a cryptoassets firm under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.
Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.
For a list of IBG memberships worldwide, see our exchange listings.