Multilingual content from IBKR

Close Navigation
Learn more about IBKR accounts
IBKR Web API Course Now Available on Traders’ Academy

IBKR Web API Course Now Available on Traders’ Academy

Posted July 6, 2022 at 11:07 am
IBKR Quant
Interactive Brokers

Interactive Brokers (IBKR) offers you the ability to trade, monitor and manage your IBKR account using a single RESTful API. See our brand-new Traders’ Academy course, IBKR Web API, on how to get started.

This learning module demonstrates the Web API configuration and connection and provides practical examples on how to code assorted order types.

Lesson 1 instructs you how to authenticate your login session, while Lesson 2 walks you through the steps necessary to connect to the WebSocket.

If you are looking for ready-to-use code on how to define an IB algo, check out Lesson 3.

Continue with Lesson 4, which offers detailed instructions on querying contract details for derivatives.

The next lessons in the course outline how to code different order types: see Lesson 5 for instructions on a bracket order, Lesson 6 for an OCA order, Lesson 8 for a currency conversion order and Lesson 9 for a fractional shares order.

In addition, querying market scanners is thoroughly explained in Lesson 7.

Finally, don’t miss the opportunity to check your knowledge with the quizzes provided at the end of each lesson.

Wrap up your learning session by testing your strategies in your IBKR simulated account. If you don’t have an account yet, open one from our website:

Disclosure: Interactive Brokers

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Interactive Brokers, its affiliates, or its employees.

Disclosure: API Examples Discussed

Throughout the lesson, please keep in mind that the examples discussed are purely for technical demonstration purposes, and do not constitute trading advice. Also, it is important to remember that placing trades in a paper account is recommended before any live trading.

Disclosure: Order Types / TWS

The order types available through Interactive Brokers LLC's Trader Workstation are designed to help you limit your loss and/or lock in a profit. Market conditions and other factors may affect execution. In general, orders guarantee a fill or guarantee a price, but not both. In extreme market conditions, an order may either be executed at a different price than anticipated or may not be filled in the marketplace.

Disclosure: Forex

There is a substantial risk of loss in foreign exchange trading. The settlement date of foreign exchange trades can vary due to time zone differences and bank holidays. When trading across foreign exchange markets, this may necessitate borrowing funds to settle foreign exchange trades. The interest rate on borrowed funds must be considered when computing the cost of trades across multiple markets.

Disclosure: Futures Trading

Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment. Before trading futures, please read the CFTC Risk Disclosure. A copy and additional information are available at

IBKR Campus Newsletters

This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.