FAQs - Margin account and MBA50 service setup
Is there a setup fee for the MBA50 service?
There are no setup charges. Our team will guide you through the setup process and implementing the necessary connectivity. This includes deploying, configuring, and testing advanced system components to ensure seamless integration and optimal performance.
What are the steps to link my IBKR (Interactive Brokers) separate margin account to the MBA50 service after account activation?
Since IBKR does not support the use of API keys, connecting your IBKR account to the MBA50 service requires providing your IBKR account credentials to the proceedit team. This allows us to execute trading orders on your behalf through the MBA50 service. Rest assured, all information is handled with the highest level of security and confidentiality.
Once the link is established, what is the time from linking to system operation?
Once your IBKR account is fully set up and all required formalities are completed, we will link it to the MBA50 service and begin trading on your paper account for initial testing.
How long does it take for the MBA50 Service to start operating on my IBKR margin account?
After you have obtained your separate IBKR margin account, we will aim to configure and test the connection as quickly as possible, typically within a week, depending on the specific circumstances of your account. Once setup is complete, we will begin trading operations on the paper (simulated) account.
What is the current situation of the MBA50 Service?
The service is currently in full production already placing orders daily & automatically for live (money) accounts.