Opening A Papertrading DEMO Account With IB

Discussion in 'Interactive Brokers' started by psytrade, Mar 10, 2006.

  1. psytrade

    psytrade

    It says on their site that I have to open a regular account before a papertrading accuont. Does anyone know if:

    1) This is true

    2) Is there a way around it?
     
    #1     Mar 10, 2006
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  2. JMowery1987

    JMowery1987

    1) Yes
    2) No *well, legally anyway*
     
    #2     Mar 10, 2006
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  3. easyrider

    easyrider

    If you have a friend with an IB account couldnt they ..........................
     
    #3     Mar 10, 2006
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  4. psytrade

    psytrade

    I'm asking because in the Amibroker literature for autotrading, it makes reference to using an IB Demo account, with no mention of having a regular account with the firm.
     
    #4     Mar 10, 2006
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  5. def

    def Sponsor

    the paper trade with live data is new. As we are supplying a live feed, we must pay the associated exchange fees to the exchange and as a result, require an account to be opened.

    the demo amnibroker is referring to is our older demo which does not have live data or all the functionality of the paper trader.
     
    #5     Mar 11, 2006
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