place_order

Place a trading order (market or limit)

Server Interactive Brokers MCP Server jinyiabc/ibkr-mcp
Category Financial
Risk class Critical
Parameters 00 required

What place_order does on Interactive Brokers MCP Server

AI agents use place_order to commit financial operations through Interactive Brokers MCP Server — usually the final step of a payment, billing, or trading workflow. A call moves real money.

Why place_order needs a policy

This tool directly places financial orders that commit real money in live markets. Misuse by an AI agent could result in unintended trades, significant financial losses, and obligations that are difficult or impossible to reverse once executed.

From the tool's definition 'Place a trading order (market or limit)' on a server that 'execute trades' for 'stocks and options' via Interactive Brokers

Questions about place_order

What does the place_order tool do? +

Place a trading order (market or limit). It is categorised as a Financial tool in the Interactive Brokers MCP Server MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on place_order? +

Register the Interactive Brokers MCP Server MCP server in PolicyLayer and add a rule for place_order: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Interactive Brokers MCP Server. Nothing to install.

What risk level is place_order? +

place_order is a Financial tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.

Can I rate-limit place_order? +

Yes. Add a rate_limit block to the place_order rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.

How do I block place_order completely? +

Set action: deny in the PolicyLayer policy for place_order. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.

What MCP server provides place_order? +

place_order is provided by the Interactive Brokers MCP Server MCP server (jinyiabc/ibkr-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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