OEC giving free demo accounts to live account holders (as requested previously)

Discussion in 'Retail Brokers' started by brownsfan019, Aug 24, 2010.

  1. From here:

    Starting on September 1, 2010 OEC will be offering all Direct Live Accounts free access to our Simulation Environment. Details on how to access will follow.

    I know that is something many on here and other boards have asked for, so good to see that OEC has listened!
  2. JPope


    They were doing this 2-3 years ago by request.
  3. Yes, by request.

    Now it will just be standard.
  4. and chopping people off after 2 weeks. Seems they would want to allow people ample time and access to make informed decisions about the interface and trading in general. I don't know why all brokers don't do this. Are they afraid people might find out that trading is not for them?
  5. I think it's also a function of costs and server usage. Do you want some guys that will never trade clogging up your sim servers for months at a time?

    I understand what you are saying and if you ask nicely, OEC may just extend that out for you but if you have a live account with just $5k in it, you will get that demo for free going forward.
  6. I couldn't find their rates on their site. Does anyone know what they are
    and do they have publicly traded stock? Thanks for a reply.
  7. http://www.openecry.com/openaccount/ratestable.cfm

    That's the 'standard' rates; however I would strongly recommend you talk to a broker there about the best rates you can get.

    OEC is now owned by Options Xpress.


    So you can 'trade' OEC via OXPS.

  8. Thanks for the reply brownsfan019. Regards