Accounts that you create in the Invest section of Porfolio123 can be linked to a your brokerage account using TRADE. You can send orders directly from Portfolio123 and you do not need to update transactions with order fill data. TRADE makes managing your account a cinch.
With linked accounts the positions and cash balances are automatically kept in sync. In other words your Portfolio123 account will reflect the exact positions, cash and transactions of your brokerage account, but you will be able to take advantage of a consistent presentation, organization and tools.
If you ever tried entering multiple orders all at once, or manage multiple accounts, you will understand why TRADE came to be. Entering orders is a very tedious process , error prone, and stressful.
Initially TRADE was mainly developed to be able to rebalance a portfolio with one click. But we've realized there are many more things we'd like different about trading and managing accounts. TRADE is continually evolving to make managing your accounts a pleasure.
- One click rebalancing of portfolios
- Intuitive and consistent interface
- No need to login to your broker
- Shortcuts for repeating orders
- Custom order types (depends on your broker)
- Schedule trades at future times/dates
- Monitor order status and each individual fill
- P123 transactions are automatically created using actual fill data to track performance faithfully
- Account balances and positions updated daily before market opens