Interactive Brokers paper account anomalies

Discussion in 'Trading' started by hirtop, Aug 4, 2015.

  1. hirtop

    hirtop

    Did anyone has experienced anomalies on IB paper trading acct? I recently had a 15 ticks slippage on 10 CL contracts on a sell stop order…one contract was correctly filled and the other nine contracts were filled at a 15 ticks difference…there was no high volatility at that moment and it happened twice.

    IB support told me that this shouldn’t happen on a real acct except that during high volatility (i.e. major announcements, black swan events, etc.).

    However, I was wondering about IB forward testing new strategies on a paper trading account. How one can trust the results?
     
  2. You can't trust simulated account fills on any broker. Best you can do is have a trade simulator front-end that has its own fill rules that you define.
     
  3. hirtop

    hirtop

    Thanks for the input. However, I have used Ninjatrader brokers for about a year and that never happened...
     
  4. Welcome to the wacky world of IB where reliability takes a back seat to low fees and low costs.
     
    Craig66 likes this.