Opening A Papertrading DEMO Account With IB

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

  1. 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?
     
  2. 1) Yes
    2) No *well, legally anyway*
     
  3. If you have a friend with an IB account couldnt they ..........................
     
  4. 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.
     
  5. def

    def Interactive Brokers

    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.