CONNECTOR for IB features

Positions will be synchronized between MT5 and IB at the CONNECTOR startup by submitting orders to IB, bringing Binance positions in line with MT5 positions. For example, your MT5 positions are: 0 EURUSD, 1000 JPYUSD, and your IB positions are: 2000 EURUSD, 0 JPYUSD. During the synchronization, two market orders will be executed from your IB account: sell 2000 EURUSD and buy 1000 JPYUSD.

An attempt to synchronize positions between MT5 and IB will be performed in the same way after clicking the Resume button, if the CONNECTOR was paused by clicking the Pause button or due to an error during the last synchronization of positions.

If the Position sync period (s) setting value is greater than 0, positions will be synchronized periodically. The frequency of synchronizations is defined by the setting value. Periodic synchronization will not be performed if the CONNECTOR is paused.

Only netting accounts are supported, since IB accounts allow only one position on a selected instrument in any direction.

It is possible to work with only one type of the IB contract securities (Security’s type setting) at a time. If you need to switch to another type of securities, you must stop the CONNECTOR, close all positions in MT5 and IB, and then start the CONNECTOR again. Otherwise, during synchronization, all positions opened in the MT5 terminal will be duplicated in IB with the selected type of the IB contract securities, and IB positions that do not have a match in the MT5 terminal will be closed.