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Trading PlatformsDesktop Trading ~ Place Trader Workstation (TWS)


Place Trader Workstation (TWS)




View in Pictures/Full QuickStart Guide      View our full Place Trader Workstation (TWS) Users Guide      


To find the Log in Screen for Place Trader Workstation (TWS) simply go to the far right side of the main menu and click on "Log into Place Trader Workstation" if you do not see the drop-down menu simply click on the "Login" tab on the main menu and you will reach the page that shows all of the areas that you may log into and view your Place Trade Account. From this page, you can easily log into your Account Management, Web Trader or Trader Workstation platforms.

Browser-based or Stand-alone?

You can run TWS directly from your internet browser, or download the application to your desktop and run it from your PC. If you have a broadband connection, we recommend running the browser-based version of TWS, since this requires minimal maintenance and ensures that you are always running the latest release.

If you use a dial-up connection, please give us a call at 1-800-50-PLACE or 1-919-719-7200 so that we may help you download software that may result in better performance. 

Please Note:  You must have Internet access in order to receive market data and submit orders, regardless of whether you are running TWS from the browser or from your desktop.


Log In

Once your account has been approved and funded, you'll be able to successfully log in to the Trader Workstation.

To log in to the browser-based version, from the Login menu select Trader Workstation. In the Login box, enter your username and password, and click Login.

To log in to the stand alone version, double-click the TWS icon on your desktop, enter your username and password and click Login.


Add Market Data

TWS supports direct-access trading for options, stocks, bonds, and funds. It's easy to add market data to your trading window. To view real-time data, you must log in to Account Management and select your market data subscriptions from the Trading Access menu. Products to which you do not subscribe will display delayed data if allowed by the exchange.

  1. Click in a blank line, enter an underlying symbol and hit Enter.
  2. Choose a product. For assets that require you to define or select an asset class, select the expiration month and year.
  3. In the Contract Selection box, highlight the contract(s) you want to add and click OK.
    Hint: Use the filters in the left pane to limit selections that are shown in the right pane.
  4. Continue to add ticker lines to your trading window. Choose SMART as the routing destination to get best-price execution through IB SmartRoutingSM.


Add Market Data




Submit An Order

Click in the bid or ask price for a specific contract to instantly create an order directly below the ticker line.

  • Click the Ask price of an asset to create a BUY order.
  • Click the Bid price of an asset to create a SELL order.

To transmit the order, click the "T" in the Status field. To remove the order, use the right-click menu and select Discard.





Monitor Account Activity

Click the Account icon on the Trading toolbar to open the Account window. This window shows real-time balances, margin requirements, buying power, P&L, market values, portfolio details and more for your account.


View Trades

View real-time trade reports listed line by line and netted by contract.

Click the Trades icon on the Trading toolbar to open the real-time Trades window. This displays daily execution reports, including those completed during after-hours trading. For orders with multiple legs, or orders that execute portions at different prices or on different exchanges, click the "+" sign to the left of the execution to see details. Use the Settings menu to enable blinking notification of executions.



Configure Features

To configure features, on the Edit menu select Global Configuration. Use the left pane to navigate to different TWS features, use the right pane to configure them.


Options involve risk and are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options" before investing in options. For a copy call 1-800-50-PLACE or 1-919-719-7200 or click here. There is no guarantee of execution. Orders will be routed to US options exchanges.

Any trading symbols displayed are for illustrative purposes only and are not intended to portray a recommendation.