Trader Workstation (TWS)
Instantly access trading, charting, order management and portfolio tools from an intuitive, flexible interface that gives you fast access to the tools you need to execute your trading strategy – all from a single window.
Classic TWS offers quick click order entry from bid and ask prices, with the Order row displayed directly beneath the Market Data row and direct access to over 100 order types, order tools and algos designed to improve execution, manage risk and automate trading strategies
Stay informed with real-time market data, breaking news, fundamentals and in-depth research from industry leaders. Features include:
Our real-time monitoring system lets you see the current state of your account at any time to give you the edge you need in changing market conditions.
View account balances, margin, funds available for trading, market value and portfolio data for all of your products in the customizable, easy-to-read Account window.
Stay on top of your margin requirements with quick-glance summaries of potential deficiencies that help you avoid liquidation and try "what if" Portfolio Margining to see your margin requirements using the Portfolio Margining system.
See daily executions as well as net trading activity by symbol in our expandable trade reports.
Create Watchlists to monitor real-time market quotes based on your market data subscriptions. Create, resize and move multiple named Watchlist windows to fit your own trading style.
Create real-time alerts based on price, time, margin and volume that notify you of important changes in the market.
View P&L on your trading screen and in the Account window.
Trader Workstation offers access to over 100 order types, order tools and algos to help limit risk, speed execution, provide price improvement, allow privacy, time the market and simplify the trading process through advanced trading functions.
Our sophisticated risk-assessment technology helps you manage your risk in a dynamic market.
The Risk Navigator is a real-time market-risk management platform that provides a comprehensive measure of risk exposure across multiple asset classes around the globe.
Learn MoreModify pricing assumptions and include them in the model price calculation using this sophisticated option model pricing tool.
Learn MoreUse the Option Analytics window to see values that reflect the rate of change of an option's price with respect to a unit change in each of a number of risk dimensions.
Learn MoreTest your trading skills in a simulated trading environment without risking real capital. Monitor your strategies while developing, practicing and perfecting your trading skills.
Although the paper trading account simulates most aspects of a production TWS account, you may encounter some differences due to its construction as a simulator with no execution or clearing abilities. These differences include but are not limited to:
For more information about mobile trading solutions, see IBKR Mobile.
Click a version of TWS below to download and install our award-winning trading platform. Once the software is installed, log in by double-clicking the newly installed TWS icon on your desktop. If you prefer to perform manual updates use the Offline installers.
The offline installer contains everything needed to install and run the selected TWS version. The Offline installation will not update automatically. If a new version of TWS is published, you will need to manually download and install the Offline program again. If you prefer to have TWS auto-update, install one of the updating versions above.
Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.