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Keep the NextTrade account you have. Ask NextTrade to move it to LotsBack, then tell LotsBack who you are so NextTrade can approve it.
IB stands for introducing broker: the partner your broker pays for your trading. Moving your account to LotsBack means LotsBack becomes that partner, and shares what it is paid with you.
Cashback is an estimate until your broker confirms the week and it is paid. Cashback terms.
Create your account or sign in. Enter your email, press Send magic link, then click the link in the email.
During setup, choose I already have an account on the Broker screen. After setup, press Move my existing account on your dashboard or under Accounts. Then pick your broker from the list.
LotsBack shows our partner code for your broker, with a Copy button. You paste it into the broker's form in Part 2. Keep the LotsBack tab open; you come back to it.
We have not walked through the NextTrade portal yet, so these steps show how to find the page. Brokers name it differently.
Start in LotsBack.
Our partner code for NextTrade is shown there.
Sign in to your NextTrade client portal on the web. This is where you deposit and open accounts. The trading platform does not have this page.
Look for Profile, My profile or Account settings. It is often under your name, your picture, or a menu marked with three dots.
Brokers name it differently. Look for a tab or a link with one of these names.
Fill in the form as below, then submit it. Your broker may not ask for every line.
No such page? Some brokers only move an account when you ask their support. Send them this by live chat or email.
Hello, Please move my account to the IB below. New IB number: [our partner code, shown in LotsBack] My User ID (UID): [your UID] Email on my account: [your email] I have closed my open positions. Thank you.
Back in the LotsBack tab, under the steps, enter what your broker holds for you.
The box lets LotsBack send these details to your broker. LotsBack then emails the broker's partner manager, so they can match the request to your account and approve it.
Press Connect this account and enter the server, login and investor password. You do not have to wait for the broker. The journal and the calendar work from the first sync.
Approval is the broker's step. While it waits, your request reads Sent to your broker. LotsBack checks the broker's list for you.
Once the broker moves the account to LotsBack, the request reads Approved. The account card reads Confirmed by the broker.
Every eligible trade you open after that is priced at the published rate and counts in the week it closes. Trades opened before the move do not earn, whenever they close.
The request reads Not approved, with the reason. You can ask again after 72 hours. If the broker will not move the account, open a new one through the partner link and connect that. Both accounts can stay connected. Only the one the broker has moved to LotsBack earns.
