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mgerber

Member
25
Posts: 40

Joined: 12/18/2003
Location: Issaquah, WA

User Profile
 
Subject : RE: Forex Trader and Interactive Brokers
Posted : 7/12/2016 7:08 PM
Post #37248 - In reply to #37243

I have been looking forward to practice trading forex from OT-VT to my IB paper account.

Problem is, I already have my paper IB account being traded by OVest, with a TP and gateway in an AWS cloud (I know, too many acronyms!).

A limitation of the IB paper account is that it allows only one access at a time. So whenever starting up the desktop IB software for FX trading on the desktop, it would disconnect the cloud gateway and interrupt whatever was going on with OV. I had to be careful about the timing.

In other words, I would have to be careful about when each gateway stopped and restarted.

Calls to IB today, however, gave me a fortuitous alternative.

I had been told in the past that IB allowed only ONE paper account. Today I learned that we can have one paper account *FOR EACH FUNDED ACCOUNT* at IB.

I do have a second funded account, and now have a second paper account set up waiting for formal approval (usually a 2-day approval process).


Once again a Happy Camper,

--Mark G.
Deleting message 37248 : RE: Forex Trader and Interactive Brokers


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