Discussion in 'Retail Brokers' started by kelly55, Sep 13, 2006.
Which broker have digital security ID same as etrade?
IB have it http://www.interactivebrokers.com/en/accounts/secureTransactionProgram.php. In fact, we were probably the first retail company who offered these gadgets.
What gadget is IB offering, the link above comes up page not found?
Try this one.
The problem was with '.' at the end of the URL.
Secure Transaction Program (STP)In order to prevent fraudulent withdrawal activity, IB offers a free identity token to all customers with over $100,000 (or USD equivalent) in equity. This identity token will generate one time use passwords that will be required for each and every cash withdrawal or change in the account email address of record. Accounts with multiple users will receive an identity token for each registered financial user. Customers without the identity token will be limited to a maximum withdrawal of $100,000 per business day (or USD equivalent).
So that can be used only for cash withdrawal or change in the account email address of record?
Still not perfectly safety.
Why dont they make that for login password?
If anyboey login to your account, and he/she will trade using your money!
Totally agree. I like the idea of having the security device but I don't understand the reasoning behind only using it for withdrawals >100k. Bloomberg uses these tokens for the logon and it works well.
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