Interactive Brokers, an automated global electronic broker, has announced the launch of IBKR Desktop, the next-generation desktop trading application for Windows and Mac.
Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers, said that the launch of IBKR Desktop directly responds to their clients’ requests for powerful trading tools in a user-friendly interface.
“Many of our active trader and institutional investor clients appreciate the advanced technology available on Trader Workstation, our flagship desktop trading platform,” he said.
“Rather than redesigning Trader Workstation, we decided to build IBKR Desktop from the ground up to include many of the same features as Trader Workstation, but in a user-friendly interface. Clients can choose which platform best suits their needs,” he explained.
According to Sanders, like Trader Workstation, IBKR Desktop is a desktop trading platform.
Both offer investors sophisticated trading tools and access to stocks, options, futures, currencies and more on over 150 markets worldwide, he said.
However, what sets IBKR Desktop aside is its intuitive design and exclusive trading tools, such as Option Lattice and Screeners with MultiSort, Sanders added.
“IBKR Desktop has the best of both worlds – a simple trading experience coupled with many advanced features,” he told Traders Magazine.
“At this time, we plan to keep all our platforms to give skilled traders and new investors access to a broad range of options to meet their trading objectives,” he added.
IBKR Desktop and all our other trading platforms are available to clients free of charge.
Sanders said that beginning investors looking for a platform that is easy to navigate and offers a simple way to trade stocks, options, and futures, as well as experienced traders seeking powerful trading tools, will benefit from IBKR Desktop.
Using IBKR Desktop, clients can take advantage of many key trading features such as Rapid Order Entry with attached orders, Chart orders, Option Lattice or Order Presets, he said.
In addition, there are Research and Analytics services like Market Screeners with MultitSort, Watchlists with customizable columns, Option Analytics, Advanced Charts with Multi-chart mode and Fundamentals Explorer with worldwide fundamentals data for over 30,000 companies globally, he added.
Interactive Brokers is committed to continually updating IBKR Desktop, with plans to expand support for more products and integrate advanced tools that redefine what traders can expect from a trading platform.
“IBKR Desktop combines a straightforward interface with sophisticated tools to help clients navigate the complexities of today’s global markets to find investment opportunities across asset classes and regions worldwide,” Sanders said.
“We plan to continually update IBKR Desktop and add support for more products and tools. Currently planned for future releases are inline order modification, custom layouts and multi-window management, translations for local markets, Level II Market Data, and improved asset and search support,” he added.
To coincide with the launch, Interactive Brokers has developed the IBKR Desktop Trading Course, which features ten lessons, covering how traders can use the platform to submit options orders, view news and research, and customize charts, columns, and views, among other topics.
The free course is available through IBKR Campus: https://ibkrcampus.com/trading-course/ibkr-desktop/
