Platforms for conditional orders

July 10th, 2021, 08:30 PM

Hi, I've been using Interactive Brokers for a while now. Mainly multi-day swings.

I would like to switch to another broker with reduced margin requirements such as IronBeam or AMP.

However, one limitation I have been running into, is the fact that there are no "conditional" orders available in other platforms. in TWS, for e.g., I can tell it to go long NQ futures when the US 10Y yield breaches a certain level, or a combination of conditions. Does anyone know other if other platforms offer these conditional orders? Preferably, something with a GUI. Thanks

July 11th, 2021, 05:26 PM

You can do it using the Algo Design Lab in Trading Technologies platform but it would
a) involve slightly more programing than just enter conditions in a drop down box and
b) not the cheapest solution as its likely to cost you $400+/month.
Probably not the answer you want.

Platforms for conditional orders

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Platforms for conditional orders