Who authorizes the start of trading through the MBA50 service, and how is it initiated?

The MBA50 Subscriber must authorize the start of trading on the live account. You have one till a maximum of one month of trading on the paper account to decide whether to switch to live trading or to leave the service. If no authorization is received within this period, your subscription will be suspended.

Who executes the trading orders to manage investment operations in my IBKR account?

The MBA50 Service automatically places trading orders in your IBKR (Interactive Brokers) account using intelligent bots developed by the proceedit team. These bots operate based on CTI (Continuous Trading Insights) generated by advanced Artificial Intelligence (AI), ensuring a fully automated, optimized, and human-free trading process.

What precautions should I take to avoid disrupting the MBA50 service on my IBKR account?

IBKR (Interactive Brokers) allows only one active session per account at a time on any device. Since the MBA50 Service continuously places trading orders seven days a week (Sunday to Saturday), the MBA50-IBKR connection must remain active at all times. For this reason, subscribers must avoid logging into their IBKR account during operational hours to prevent disruptions in the MBA50 Service’s access. However, you will receive periodic email reports detailing all trading activities and updates on your IBKR account, ensuring full transparency.

What precautions should I take to avoid unintentionally interrupting the link? Other precautions or measures?

When the MBA50 Service begins trading on your live IBKR account, you will need to authenticate access to allow MBA50 to operate from Sunday to Saturday without interruptions. This is done by allocating a so called secondary IBKR account. Since IBKR only supports one active session, you must avoid logging into your account during this period to prevent the system from losing authentication. On Sundays, you can access your IBKR account to review the trading activity and yields. If you wish to continue with the MBA50 Service, you will need to reauthorize access for the upcoming trading week. 

How is the connection restored if I accidently access my Broker account during the MBA50 trading operations?

If you accidentally log into your IBKR account during MBA50 Service trading operations, you must immediately notify the proceedit team. If this happens during trading hours, some orders for that day may not be placed. To resume normal MBA50 operations, you will need to re-authorize access as soon as possible. Additionally, if the proceedit team detects unauthorized access before the market opens, they will promptly notify you so you can restore authorization and allow order placements. These procedures apply only to live trading mode, not to paper trading mode.

Are there any additional steps I should take to ensure smooth operations?

For the MBA50 service to operate smoothly on your IBKR account, live trading mode requires authentication via the IBKR app on your smartphone. This authentication ensures that the MBA50 service can trade continuously from Sunday to Saturday without interruptions. In paper trading mode, however, no additional authorization is needed from your side.

How can I monitor the orders executed by the MBA50 Service on my account each day?

You will receive periodic email reports detailing all orders placed, including executed trades, profits, losses, and other relevant account activity.

How can I track the updates on the trading activity in my Broker account through the MBA50 Service?

You will receive regular personalized email reports outlining the trading activity executed by the MBA50 Service on your broker margin account.

How are the securities transactions (Buy / Sell) and profits / losses recorded?

All asset transactions (Buy/Sell), along with maintained positions for each asset and the corresponding profits and losses, are recorded in the proceedit database. This information is compiled into a personalized email report, which is sent to you periodically.

I don't want to trade with leverage due to high risk involved. How can I be sure that this provision will be respected by the MBA50 Service?

Currently, we are not operating with leverage. If we decide to introduce leverage in the future, all MBA50 Subscribers will be consulted beforehand, and the decision to use leverage will be entirely up to you.

How should I proceed to suspend the investment temporarily or permanently?

The decisions regarding your capital in your IBKR account are entirely yours. However, if you choose to suspend your account permanently, you need to unsubscribe from the MBA50 Service. In case of a temporary suspension, please let us know by contacting us at finance@proceedit.com.

Who pays the fees for Interactive Brokers?

The various broker fees applicable to your MBA50 account such as spreads, margin interest, currency exchange rates, and others are directly charged by the broker to your account and are your responsibility to cover.