I find myself with a bunch of accounts in IB. Personal, IRA, kids a/c(s) etc. Since I am following same strategy across everything (swing trading futures) + a bunch of other ones in my personal a/c only, today I applied for an advisor a/c. The advisor a/c would not be used for anything except for my own and kids a/c. Just for allocations based on nav, so I don't have to put in and manage same trade 3 or 4 times. Still waiting on the approval on the advisor a/c. Would something like the following be possible? Master a/c (the advisor a/c): About say $500 funding to pay for data fees etc. No trading in this a/c. Configure as "Pro". Login to TWS as this a/c so I can have API connection (this is important). Subscribe to all market data in this a/c Rest all as "Lite". No extra data subscription Can this be done?
Not sure about this exact setup, but I have one Advisor account which subscribes to all necessary data, and then three sub-accounts (Margin, IRA, Roth IRA) which use the data for no extra fee. They all pre-dated Pro/Lite, so I think all are considered Pro.