Reviews and testimonials

Professional reviews

AutomatedTrader magazineSo, do we like it? Well, IB-MATLAB is robust, very easy to learn how to use and does exactly what it claims to do – namely provide a simple and efficient order interface between MATLAB and Interactive Brokers’ API. It also costs peanuts…
So yes, we like it – a lot.

– Andy Webb, Automated Trader magazine, Q3 2011 (“The Virtue of Simplicity” article online; or downloadable PDF)

All told, we regarded the enhancements to IB-MATLAB since we last reviewed it as significant. The order submission process was rock solid as before, but the new capabilities really open up the possibilities – especially for trading that is analytically intensive but not high frequency. We were able to deploy multiple models in real time to IB’s trading platform without any difficulties or glitches. …
IB-MATLAB effectively contradicts the declaration we’ve seen on more than a few web sites that “MATLAB is not for real time trading”.

– Andy Webb, Automated Trader magazine, Q1 2012 (“Mashup!” article online; or downloadable PDF)

Click to view the Algorithmic Trading System presentation video
Click to view the presentation video
Easy integration with IB through IB-Matlab… The Trading Toolbox isn’t very robust, it’s really buggy, … I would love to get the Trading Toolbox up and running, but I think that Yair has got it covered for Interactive Brokers, I just use his program…
IB-Matlab is our wrapper for the IB API, so that we don’t have to write our own Java connector. IB-Matlab is a robust Java connector, complete wrapper for the IB API. A cheap investment, it’s definitely worth it. I can’t even stress enough how much time it will save you. Don’t build from scratch, it is cheaper and faster to buy from 3rd-party vendors. If I was to build IB-Matlab it would take me several weeks and for only $400 I could have a turnkey solution, I mean it’s a no-brainer there… It’s better than those retail trading platforms. This is the cheapest professional-grade system that you can get. IB connected to IB-Matlab connected to Matlab connected to the Data-Feed Toolbox connected to IQFeed is the cheapest technology stack that will give you trading robustness.
Yair is extremely helpful, provides great customer support.

– Chris Reeves, A2X Capital, Feb 27, 2015 (“Algorithmic Trading System” video)

Also quoted: IB-Matlab is the most robust wrapper for the IB API I have come across. Amazing value for the price!

– creeves, Feb 23, 2015 (comment posted about IB-Matlab on IB’s Marketplace)

…At that point I turned to Yair Altman’s IB-Matlab product. Happily, this uses IB’s Java api, which is a great deal more robust than the ActiveX platform. It’s been some time since I last used IB-Matlab and was pleased to see that Yair has been very busy over the intervening period, building the capabilities of the system and providing very comprehensive documentation for it. With Yair’s help, it took me no time at all to get up and running and within a day or two the system was executing orders flawlessly in IB’s TWS. …
Yair is very generous with his time in providing support to his users and his responses to my questions were fast and detailed.

– Jonathan Kinlay, Quantitative Research and Trading, March 5, 2015 (“Algorithmic trading” article)

User testimonials

The following testimonials appear on IB’s Marketplace, where IB-Matlab is the top-rated product, with a perfect rating of 5.000 stars from over 100 independent traders:

  • “The software installs and works seamlessly. The vendor has always been prompt in responding to requests for support and information. I’ve used this service for approximately 10 years now without any glitches or issues. Solid product!” – amoser
  • “Very solid software and useful to interface to IB. Save me a lot of effort in my work.” – bwws88
  • “Fantastic product, works exactly as described. Easy and intuitive to use. Thank you!!!” – AndreyP
  • “IBMatlab works very well for me. I am impressed by the stability and exception handling. Highly recommended.” – debelge
  • “Very robust and thorough. Prompt help with issues!” – Marton
  • “Excellent software, great documentation, and fantastic customer service! I was fully active much faster than planned, saving months of low-level API programming.” – mfarsh20
  • “When you buy this product, you are dealing directly with the expert programmer who has created and maintains it. Consequently, you get a no-nonsense, accurate-to-the-tee answers to your questions. Implementation has been very well thought out with excellent documentation to get you up and running. A 5-star product…” – InverseI
  • “I am retired mechanical engineer and financial advisor. I have been around software services for years and I find Yair and his program IB-Matlab to be very very good. His customer services – I would say is in the top 3 that I have used across multiple decades. We were able to be “up and running” with paper trades extremely fast. Nice to work with a professional. Leo” – Engineer
  • “100% Amazing! Saved me countless hours. The IB-Matlab package is absolutely the best! Also very well documented. Great work!” – MikeMike
  • “Fantastic product that works flawlessly and has saved me a lot of work, time and money on developing my trading systems! well done Yair!” – mdyson
  • “Easy to use with comprehensive manual and good support! It is really help.” – rode79
  • “I have been using IBMatlab for some years now and it works flawlessly. Very well documented and excellent technical support. Highly recommended.” – 6315
  • “Best IB-matlab api of ever!!” – mcbison
  • “IB-Matlab provides absolutely impressive functionality, seamlessly connecting the IB’s trading platform with Matlab and letting you focus on trading.” – Aztec
  • “Works flawlessly, well documented. The IB integration from Matlab’s built in Trading Toolbox is terrible, this plugin will have you up and running within minutes” – KagenA
  • “I have been using this API for few years now, and I find it quite reliable” – brunovig
  • “Robust, reliable and easy to use. Everything I need.” – BMA2018
  • “Yair has been incredibly helpful and thorough, and his codes run without issue. Worth every penny.” – buddingq
  • “The trading toolbox from Mathworks is a waste of $. Get IB-Matlab instead. Robust, easy to use, that will pay for itself in rapid development.” – MXR64
  • “A fantastic product and a unique and fast service! Yair is really very good!!!” – ctlsm
  • “Exceptional! Product: robust/stable. Provider: responsive with a less than 24 hr turnaround. This system allows any groups to leverage algo trading.” – RSRSE
  • “Easy to use, excellent support, saves hours in every project. I highly recommend.” – RonenY
  • “Good quality code. Most API functions work interactively with the option to access all API features. Prompt responses from Yair.” – asobolev
  • “Very reliable link to IB from Matlab, facilities increase every year.” – Kenneth
  • “Yair Altman is the author of two treatise-length books on Matlab. This is evident as IB-Matlab corrects many shortcomings of Matlab’s own interface.” – PhiStrat
  • “Rock solid product plus fantastic customer service. Yair responds to questions very fast!” – Lab715
  • “IBMatlab really simplified the creation of a functional trading system in Matlab, and Yair has been helpful and very responsive on all my questions.” – brianr
  • “Great product that is very stable. The docs are excellent with many examples. Support is top notch as Yair responds quickly to questions.” – cbmitch
  • “Truly solid product. Easy to work with and has all the functionality to smoothly execute our trading, we have not had a single issue with it.” – STCMF
  • “This is an excellent product that gives extremely deep access to all the capabilities of IB. Surprisingly easy to use as well!” – jones13
  • “Super useful and stable. Yair is very responsive!” – travlake
  • “very usable, easily programmable (for the most part). Robust.” – fluffpin
  • “An excellent product with a detailed user guide. Quick and detailed support by its developer, Yair, an expert Matlab practitioner. Highly recommended.” – T_R
  • “Rarely are the claims of a developer so understated. The software is simply a “must have” for IB development within Matlab. Thanks to Yair.” – kvargas
  • “You should charge more for it. Best value for your money. No bugs. Detailed user-guide contains concise explanations. Easy to use and amazing support.” – Constant
  • “This software is a MUST. 15 days trial, EXCELLENT documentation, top notch support, the API is world class design, CHEAP! easy and yet powerful.” – bayes
  • “Very quick response. Support is unparalleled professional quality. Software works great, definitely an easy-to-use tool for making money.” – CLVoting
  • “Yair’s API is the best and Yair’s help, support and response time is enviable for any service provider.” – m1chael2
  • “High quality software with prompt and stable support with user guide details the relevant information for API operations” – ccjasia
  • “Highly competent, professional, quick turnaround, in-depth understanding of electronic market micro-structure” – sgoyvote
  • “The software works flawlessly and the support from Yair is unparalleled. Without a doubt worth purchasing.” – asselall
  • “Super. Wasted too much time trying other solutions eg. trading toolbox. IB-Matlab is the way to go. Robust, logical and very well documented.” – jt1010
  • “Excellent connector for MatLab. We evaluated it against the Mathworks product and found Yair’s version far better. We use it on a daily basis.” – AP1234
  • “Great software – very helpful to implement own strategies. Comprehensive and easy to use interface to the API. Yair is very responsive and helpful!” – quantD
  • “Saved me a lot of time realizing some extra tools and automation for my trading. Very robust and easy to use! Can only recommend!” – MartinMM
  • “Excellent software, easy to use and follow documentation, highly recommend. Yair is extremely responsive and eager to solve all the things you need.” – cheers
  • “Code works and is easy to install and interface with in Matlab. Code is well documented as well.” – ericdonn
  • “Highly recommended product. Easy to use, robust, inexpensive, quick and quality support from the developer. High value product for the money.” – scap
  • “Amazing interface! Prompt replies to emails. Robust connector, no issues faced yet. Will certainly recommend to anyone looking to use MATLAB with IB.” – harjas
  • “Highly recommend for anyone doing automated trading. The IB interface routines are very easy to learn and integrate. Powerful combination with Matlab.” – ber7t
  • “Very good product. Easy to follow documentation. Yair is very quick on email. Highly recommended to anyone looking for an IB to Matlab connection.” – even
  • “IB-Matlab is excellent. The connection is robust, the documentation is comprehensive and well written, and Yair is very helpful.” – Markmaj
  • “We hired Yair to write some functions for our prop-shop. Got excellent help within 10 hours and he is eager to solve all the things you need.” – johlof
  • “Clean application that nicely bridges the gap between Matlab and IB. Helpful service when you need it. Everything works as expected.” – johnd
  • “Easy to use. Very comprehensive user guide. Great support from the founder” – EAfb
  • “Robust!! Quick turnaround service!” – Anon
  • “IBMatlab has allowed me to accelerate project development by many months and comes with great product support.” – james_r
  • “Everyone should buy it. Price is reasonable. I have been using it for three years.” – flash201
  • “System has worked flawlessly for the past year. Yair is extremely responsive (I’m not sure when he sleeps) and helpful. Excellent value.” – billj
  • “IB-Matlab is the most robust wrapper for the IB API I have come across. Amazing value for the price!!” – creeves
  • “IBMatlab has been invaluable to test trading strategies; it is reliable and includes lots of useful functions. Yair is very responsive and helpful.” – algo1410
  • “Excellent software – I’ve been looking for something like this for almost a year now. 5/5” – sysdo
  • “Yair has made a great product and offers valuable support. Good for risk management and data analysis tools and recommend it.” – mkrause
  • “IB-Matlab is an excellent product. It is very solid and Yair is very quick in responding to inquiries. Strongly recommend it !” – FinLab
  • “Support is prompt. Easy to use. Speed is not as quick as I thought. Anyway, it might be due to delay from IB.” – JeffKoh
  • “IB-Matlab provides an excellent range of tools for automated trading systems. Support excellent and prompt. 100% stable in live operation.” – sunbear6
  • “I’ve been using it for over a year and I have no complaints. It is robust and does what it is supposed to do. Very quick customer service.” – hank99
  • “Very helpful interactive link to TWS. Saves hundreds of man-hours in developing custom features.” – cekaulII
  • “I find it quite reliable and easy to use. I was able to code a real time automatic trading system relatively easily. The service behind is excellent.” – khalfina
  • “I have been using IB-Matlab for almost 3 years and have found it to work perfectly. Yair responds promptly to questions with detailed answers.” – kChuck
  • “Amazing product. Running it for last one month. Stable. No instance of breakdown. Mr. Altman is very quick in response time. Highly recommended.” – sujitm
  • “IBMatlab is a very convenient way to access IB’s API. The documentation is comprehensive and it is easy to integrate the software into MATLAB code.” – prateek1
  • “Excellent product, top-notch tech support.” – nobull
  • “Excellent knowledge on Matlab, Java and IB – perfect for automated trading. It was a real joy and I will work with them again.” – human123
  • “Excellent software product, customer support and seamless integration. Totally reliable and a superb addition for automated trading.” – gazza75
  • “This product is reliable and well documented. The creator is always quick to respond and helpful.” – MacKG
  • “I have been using IB-Matlab for three months now and it has been flawless. Great value.” – wajv
  • “IB-Matlab is an easy to use end-to-end solution for Matlab users.” – BenTam
  • “Excellent. Saves $1600 from Mathworks’ built-in solution.” – muller
  • “A quality product at a good price. I find it to work better and in a more flexible way than Matlab’s own IB toolbox.” – Vasastan
  • “IB-Matlab allows me to perform fully automated trading, using my own developed code. Yair’s support is very professional. I highly recommend it.” – wimvwijn
  • “IB-Matlab is a tremendous product. The documentation is outstanding and Yair is INCREDIBLY responsive to any questions or issues which arise.” – wgpCap
  • “I found Yair Altman readily reachable when I have questions and the product has performed well.” – hwshiau
  • “IB-Matlab lets you harness the depth and efficiency of MATLAB! It’s intuitive, robust, full-featured, and affordable. Great documentation and support.” – JTrade
  • “IBMatlab is a professional Matlab TWS API interface. It works very reliable and is easy to use. The support is very client focused and supportive.” – drepl
  • “Excellent product, responsive support and very useful examples/documentation to get you up and running without much work. Highly recommend!” – CharlesM
  • “Robust product, user-friendly, hard to say no with the price and level of support. Highly recommended.” – stephenw
  • “Great product! Stable platform, very flexible, great support, and easily scaled to implement any automated trading strategy. Well worth the money!” – BenM
  • “Worth every dime and excellent support. The possibilities with the combination Matlab/IB seem limitless. The resulting mac system is extremely stable.” – onmac
  • “Great product that allows one to utilize the power and flexibility of Matlab to create automated systems.” – jbusse00
  • “Good product (IBMatlab): Good range of functionality, Good performance, Good documentation and very good support from Yair.” – unbroken
  • “As a former control system engineer, I used MATLAB. I was very excited to hear about IBMatlab. IBMatlab works! Highly recommend!” – kiscl

These quotes are from real IB traders, who took the time to comment anonymously about IB-Matlab on IB’s website using IB’s system. Over 100 traders have anonymously rated IB-Matlab on IB’s website – all of them, without exception, rated IB-Matlab with a perfect 5-star rating. Such perfect rating and superlatives from so many independent traders is unparalleled by any other program on the IB Marketplace. Numerous other traders have provided similar statements about IB-Matlab by private email.

We take great pride in providing a great product, fantastic value, and excellent customer service.

Free trial version

A fully-functional free trial version is available – just request your trial and you will get a no-obligations copy with detailed installation and usage instructions.

There are absolutely no strings attached: the trial is completely free and fully functional, just limited in duration.

You only need the basic Matlab, no toolbox is required. You can be up and running within minutes. We are confident that you will love the product, so we encourage you to test it:
IB-Matlab connectivity (Matlab and TWS may be on separate computers)

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You will receive the trial installation instructions to your specified email within 24 hours. If you do not get an email within 24 hours, then please check your email’s spam folder, or send a direct email to altmany at

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