why are there no other brokers compete directly with IB?

Discussion in 'Automated Trading' started by trend2009, Sep 13, 2020.

  1. AbbotAle

    AbbotAle

    Yep, that's the one.
     
    #11     Sep 14, 2020
  2. d08

    d08

    That's easily solvable. Use IBC and a non-2FA account.
     
    #12     Sep 14, 2020
  3. d08

    d08

    IB Controller has been abandoned and doesn't work properly with any newer version. The original creator of IB Controller now works on IBCAlpha.
     
    #13     Sep 14, 2020
    HobbyTrading likes this.
  4. To save you searching:
    https://ib-insync.readthedocs.io/api.html#ibc

    GAT
     
    #14     Sep 14, 2020
  5. d08

    d08

    #15     Sep 14, 2020
  6. #16     Sep 14, 2020
  7. d08

    d08

    #17     Sep 14, 2020
    Palindrome and Nobert like this.
  8. I'll just shut up now. Not my day :)

    GAT
     
    #18     Sep 14, 2020
    Nobert likes this.
  9. the new broker can directly copy those IB features, even same API interface. is that hard?
     
    #19     Sep 14, 2020
  10. JamesJ

    JamesJ

    I would say, that nowadays compliance stuff is even harder to copy than technical stuff.
    In order to provide low commissions as IBKR does a broker needs to be close to the exchanges they offer, and to get direct access they need to comply to many rules and prerequisites...
    Each exchange with their own around the world...
     
    #20     Sep 14, 2020