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Place Trader Workstation (Classic TWS) - Highlights

View Mosaic Highlights Take a tour around TWS

Optimize your trading speed and efficiency with our market-maker designed Trader Workstation (TWS). Trade stocks, options, bonds, ETFs, funds and more across 100+ markets worldwide, all from a single account. These are just a few of the benefits that Place Trade’s TWS offers:

An easy to use spreadsheet-like interface with real-time market data and quick-click order entry.

Support for more than 60 different order types, from the basic limit order to the most complex algo.

Task-specific trading tools to enhance efficiency for all trading styles, including the Accumulate/Distribute algo, FXTrader, ScaleTrader, SpreadTrader, OptionTrader and more.

Sophisticated, built-in risk management and option pricing applications.

Real-time account balance and activity monitoring, with a real-time margining system that notifies you of margin deficiencies before liquidation becomes necessary.

An optional Paper Trading account, linked to your production account, that lets you experiment with the full range of TWS features in a simulated environment.

TWS Quote Monitor

The TWS Quote Monitor is a searchable, spreadsheet-like interface that allows you to quickly create and submit orders on any product directly from a ticker line. Create multiple pages to organize your trading environment, and get single-click access to real-time trade reports, account monitoring, price/risk analytics and more.

Order Types and Algos

Choose from over 60 different order types and algos that can help to limit your risk, speed execution, provide price improvement, ensure privacy, time the market and streamline the implementation of advanced trading strategies. TWS context-sensitivity helps to ensure that your order is always valid by hiding features that aren’t supported for selected attributes, destinations or products.

Execute large volume orders using our IBAlgos, which balance market impact with risk to help you achieve best execution on your large volume stock and option orders.

For more information on our order types and algos, see the Order Types pages.

Specialized Trading Tools

Different traders have different needs. Our specialized trading tools are custom-designed to enhance your trading environment.


	Accumulate/Distribute Algo Randomized order quantity and submission time intervals help you to get the best price on large volume orders without being noticed in the market.		ScaleTrader Prevent your large-sized trades from being subject to increasingly deteriorating prices by easily scaling your order into smaller, incrementally priced components based on specified price and size instructions.
	FXTrader¹ Trade FOREX markets in our optimized FXTrader window, which includes real-time streaming quotes, up/down indicators, trading volumes, pending trades, executions, positions, and average price plus P&L.		BasketTrader Create and trade basket files and index-based baskets with complete order management.
	SpreadTrader Create and manage complex futures, options and EFP spreads with ease.		ChartTrader View real-time line, bar or candlestick charts, with complete order management capabilities from any intraday chart.
	BookTrader Optimizes trading speed with single-click order submission from the deep book.		ComboTrader Use named strategy templates or create your own combination orders.
	OptionTrader Use this integrated suite of options tools to analyze and manage options orders from a single customizable screen.		DepthTrader Gauge market liquidity with trading volume away from the inside quote, including TotalQuotes and NYSE Deep Book, which are available by subscription.
	Option Portfolio Use the TWS Option Portfolio algorithm to help you adjust the risk profile of your portfolio by any of the Greek risk dimensions.		ISW The ISW is a customizable stock-management interface that combines Level I and Level II market data, real-time charting, rapid order entry and complete order management into a single screen.

¹Please note that FOREX trading is not available at this time (2015) however we are in the process of adding it so please check back with us if you see this message after 2015. In the meantime you can practice using the FX Trader in your paper,virtual trading account.

Price/Risk Analytics

Our comprehensive suite of sophisticated mathematical risk-assessment and price-measuring tools come standard with TWS including:

The Risk Navigator

View your portfolio risk across multiple asset classes, and view and assess specific risk slices of your portfolio.

Model Navigator

The Model Navigator is a sophisticated option model pricing tool that lets you modify pricing assumptions and include them in the model price calculation.

Option Analytics

The Option Analytics window displays values that reflect the rate of change of an option's price with respect to a unit change in each of a number of risk dimensions.

Real-Time Activity Monitoring

View your positions, profit and loss, margin requirements and excess liquidity in real-time in the customizable Account window.


	TWS Account Window View account balances, margin, funds available for trading, market value and portfolio data for all of your products in a customizable, easy-to-read account window.		Profit & Loss View P&L on your trading screen as well as in the Account Information window.
	Margin Requirements Quick-glance summaries of potential deficiencies help you avoid liquidation, and "what if" Portfolio Margining shows your margin requirements using the Portfolio Margining system.		Trades Expandable trade reports let you see daily executions as well as net trading activity by symbol.

Don't get left behind with sub-par trading tools just because you are not an active trader! At Place Trade you have access to professional, market maker designed trading tools regardless of how often you trade!

Advanced trading tools enable you to manage your orders successfully and with confidence.
A powerful trading platform that allows you to view and trade on markets worldwide, all from one screen.
Place Trader Workstation (TWS) is designed with the active trader in mind but is perfect for the individual that wishes to have the very best tools available so that the best investment decisions can be made regardless of how often a trade is placed!

Looking for more information or how to do something in particular?

Check out our fully illustrated Place Trader Workstation Users Guide for all of the latest tools available as well as how to use them!

Trading with our new Mosaic Interface? Get a quick view from our users guide via this link

Get an idea of some of the investment offerings at Place Trade by checking out the links below:

International Trading

Cash & Wealth Management

Learn more about retirement planning by visiting some of the links below:

Individual Retirement Plans & Rollovers

Small Business & Enterprise - Qualified Plans

Find out how Place Trade can help you get the most out of your college planning by visiting some of the links below:

Coverdell ESA

529 College Savings Plans

UGMA/UTMA Accounts

Check out some of our popular links:

Trading Platforms

Online Trading Tools

Place Trader Workstation

Mobile Solutions

Online Trading

Open an Online Trading Account

All investing involves risk, including the possible loss of principal, and there can be no assurance that any investment strategy will be successful.

Please Note: Brokerage products are NOT FDIC insured or bank guarantee and may lose value.

PLACE TRADE^®, PT^SM, PTF^SM, PlaceTrade.com ^TM, Place Trader^SM, Place Trader Workstation^SM, The Smart Place to Trade^TM, The Smart Place for your IRA^TM, The Smart Place for your 401(k)^TM, The Smart Place to Trade Options^TM Financial Quarterback^TM, Jonesitus^TM and The Bond Queen^TM are service marks and/or trademarks of Place Trade Financial, Inc.

Please note that while Place Trade strives to offers extremely low overall trading costs including deep discount commissions and some of the lowest margin rates available we would like to remind investors that there will be trading costs associated with investing, trading and holding a brokerage account. Brokerage commissions and exchange fees along with potential other account fees, fund expenses and service fees may apply. Expenses related to your investment account may vary depending on the type of investments that you choose to hold, type of account, level of activity, account balance, tax withholding or other possible factors. Please consider your overall trading costs prior to investing.

The information on this website is for discussion and information purposes only. Nothing contained herein should be considered as an offer to buy or sell any security, securities product or service, nor should be considered as investment, legal or tax advice. Place Trade Financial is a registered broker dealer (Member FINRA/SIPC) however it is not registered in all states or jurisdictions. Place Trade does not solicit securities, products or services in any jurisdiction where it is not authorized to do so. Please contact Place Trade Financial at 1-800-50-PLACE (1-800-507-5223) or 1-919-719-7200 for further information. Systems response and access times may vary due to market conditions, system performance as well as other factors. All accounts accepted at the discretion of Place Trade Financial.

Place Trade Financial, Inc. does not provide investment advice to online trading clients/accounts, online institutional accounts or any other individual or account that is not specifically set up as a full service client and on a full service commission and fee schedule. Place Trade Financial, Inc. will only provide investment advice to full service clients that are specifically set up for full service trading and advice. (Full Service clients work with experienced financial consultants and pay full service commissions and fees which are different than online trading commissions and fees.) To take advantage of both our Online Trading and Full Service flexible client benefits please call 1-919-719-7200 today! Documentation for any claims and/or statistical information will be provided upon request. Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations.

The risk of loss in trading stocks, bonds, mutual funds, options, and other securities can be substantial. Options are not suitable for all investors. For more information please read the "Characteristics and Risks of Standardized Options" guide prior to trading options along with the relevant risk disclosure statements on our website.

Trading on margin is only for sophisticated investors with high risk tolerance. You may lose more than your initial investment. (The amount you may lose may be greater than the amount that you started with or more simply put; you can lose more than the amount that you actually put into an investment when trading on margin.) Please follow these links for additional information regarding trading on margin and margin loan rates.

IMPORTANT: The projections or other information generated by any investment analysis tools regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results.

Place Trade does not offer futures or forex trading at this time.

Place Trade Financial, Inc. does not provide tax advice to online trading clients/accounts, online institutional clients/accounts or any other individual or account at any time. Please speak with your own personal tax advisor, CPA or tax attorney prior to making tax related decisions.

Please Note: Any symbols displayed are for illustrative purposes only and do not portray a recommendation. Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.

This website includes links to other third party sites. Any links to third party sites, including any site that does not specifically include PlaceTrade.com in both the url/domain name title, frame source code and ICANN's WHOIS database, are not owned or controlled by Place Trade Financial, Inc. Place Trade cannot be responsible for the content, policies, procedures, media, source code, systems, security, certificates, instrumentalities, patents, trademarks, copyrights, original art, algorithms, configuration or any other function, form or facet of websites that it does not own or control including any other sites that may be referred or linked either to or from such sites, whether specifically stated, used or implied in any way. For information regarding other websites, please contact those websites or companies directly.