2. How do I link my first robot and AutoInvest to my broker account?

To set-up AutoInvest, the following steps would first have to be completed:

1. You have subscribed to your preferred Robo-Invest Solution(s) with AutoInvest capabilities;
2. You have created a compatible broker account and funded it.  

Step 1

Log in to www.algomerchant.com. After logging in successfully, you will be automatically directed to set up AutoInvest.

Next, click "Configure IB Driver". A new tab will appear. Log in again to access AutoInvest on your Virtual Machine. 

Step 2

Read the "Auto-Execution Software Terms of Use". Check "Agree" and click "OK".

Step 3

To link AutoInvest to your broker account, follow the steps as directed in the Virtual Machine accordingly.

Step 4

Click "Establish Connection to Interactive Brokers" and then "OK" twice.

Step 5

Click "Next" to link your broker account to your robot.

Step 6

Select the robot that you would like to link and click "Next".

Step 7

Under "Simple" you can customize your preferences for "Money & Risk Management".

Please select either Fixed or Adaptive for Sizing Mode.

Fixed Mode will use a fixed trade size to enter each position, either a fixed amount or fixed percentage of the fund.

Adaptive Mode can automatically adjust a trade size based on capital allocation and trade signals. Please watch this video for a detailed guide: https://youtu.be/tRRn3pMD2sk

If you wish, you can also customise your preferences for "Trade Execution Management" or exclude certain products from being automatically executed under "Advanced". 

You can always return later to amend and update your preferences. 

When satisfied, simply check the acknowledgment box and click "Save".

Step 8

Your broker account has now been linked to AutoInvest and your robot. This will be reflected in both your Virtual Machine and AlgoMerchant home page.

NOTE: Please keep the applications on Virtual Machine running at all times, do NOT close it to avoid interruption to AutoInvest. To exit properly, close your Browser Tab instead.

Virtual Machine:

AlgoMerchant Home Page: