Automatic trading is not authorized for this instrument

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  • 01/15/2025 at 11:56 AM #242614 quote
    GraHal
    Participant
    Master

    Please can you confirm that Automatic Trading on your Live Account does not work on DAX with position size = 1?

    01/15/2025 at 12:37 PM #242621 quote
    Mike
    Participant
    New

    Yes, I can confirm this, I am not even able to click on “Prepare for automatic Trading” because of this error. Please see the screenshot.

    Screenshot-2025-01-15-123624.png Screenshot-2025-01-15-123624.png
    01/15/2025 at 12:52 PM #242623 quote
    GraHal
    Participant
    Master

    But you are trying on SAP AG (DE), what happens when you try on DAX / Germany 40?

    01/15/2025 at 1:17 PM #242625 quote
    Mike
    Participant
    New

    Now I see what you mean. For indices I don’t get this error. Only for Shares I have this problem. Please see the screenshot.

    Screenshot-2025-01-15-131258.png Screenshot-2025-01-15-131258.png
    01/15/2025 at 1:43 PM #242627 quote
    GraHal
    Participant
    Master

    Now we have established a baseline (i.e. you can trade with Algo on DAX) I tried a few big name companies – Apple, BASF, Google and Airbus and I get the same message that you get, but only with a code from MarketPlace!

    Error message is saying that I cannot trade automatically because the code is not accessible.

    I tried the same gig on Airbus with one of my own Algos and it worked fine!

    So next question has to be … is the Algo(s) you are having trouble with from MarketPlace?

    Mike thanked this post
    01/15/2025 at 1:47 PM #242628 quote
    Mike
    Participant
    New

    Yes, it’s a good start! Thanks to you!

    No, its not from MarketPlace. I have my own strategy.

    Now I am wondering if I can really do auto trade for Shares. Though, the IG customer services guy told me I can and it is activated.

    01/15/2025 at 1:49 PM #242629 quote
    GraHal
    Participant
    Master

    Try starting your Algo on Airbus as mine worked on Airbus (EAD) so we may as well be testing on same share.

    01/15/2025 at 2:11 PM #242632 quote
    Mike
    Participant
    New

    Doesn’t seem to work on any share (including Airbus). btw, do you also use IG?

    @all: I would be interested to know from people who use IG with ProRealTime if they are able to do Auto Trading for Shares. If anyone is able to confirm this it would be great.

    Screenshot-2025-01-15-140756.png Screenshot-2025-01-15-140756.png
    01/15/2025 at 2:16 PM #242634 quote
    GraHal
    Participant
    Master

    Yes I am with IG, but I do use spreadbet as opposed to CFD’s which you are using.

    Maybe @phoentz will be along soon to add his experience to this mystery?

    01/15/2025 at 2:44 PM #242635 quote
    Mike
    Participant
    New

    Oh okay, good to know. Unfortunately I am not into spreadbets. So I cannot really try that. Would be great if someone who does “Shares” using CFD can confirm that it works with IG.

    01/19/2025 at 11:27 AM #242805 quote
    Mike
    Participant
    New

    Hello All, thank you very much for your inputs.

    I have received the real root cause of this issue.

    Issue lies in that fact that the market is a MTF behind the scene, Hence  ProOrder is disabled for those instruments on live accounts.

    It is possible to trade once we enable the data feeds by going to MY IG > SETTINGS > DATA FEEDS.

    I hope this information is useful for people who face this issue in the future.

    Cheers!

    GraHal and Iván González thanked this post
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Automatic trading is not authorized for this instrument


ProOrder: Automated Strategies & Backtesting

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Mike @mageshs Participant
Summary

This topic contains 25 replies,
has 3 voices, and was last updated by Mike
1 year ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 01/14/2025
Status: Active
Attachments: 6 files
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