Paper Trading accounts allow student traders to use the full range of IB trading facilities in a simulated environment:
IB now offers Paper Trading accounts that expire May 31, 2015. Please follow the steps below to open your account and then invite students to open their paper sub-accounts. You will be able to trade for your students when needed.
Available in browser-based or standalone versions, TWS is our most powerful, full-featured platform. It supports trading of multiple, global assets using over 60 order types and algos, and offers many sophisticated trading tools.
A scaled-down, web-based trading platform with a simplified interface that may better serve the novice trader who generally trades a single instrument or uses more basic order types.
IB provides a family of mobile solutions that allows you to trade your IB account on the go from just about any mobile device.
You and your students can trade most US options, stocks, bonds, and Forex products. Use most IB order types, and experiment with almost every aspect of the platform. Please see the Resource Center tab for links to reference and educational materials. Note that TWS provides full access while other portals may support limited product and order types.
Traders can build their own add-on applications in Excel (using DDE or ActiveX), C#, C++, Posix C++, Java, or Visual Basic with our proprietary IB Application Program Interface (API). The API requires connectivity via TWS.
IB standard commissions and margin rules apply (charged in paper trading equity). Trades entered into the paper trading account will not actually execute on any exchange or settle at a clearing house, but the executions price will be determined by real market prices and sizes.
The following functions are available:
The following grid summarizes the feature availability.
|Professors accessing their own accounts||Students accessing their own accounts||Professors accessing students' accounts|
|Trade Confirms Flex|
|Cash Equity Reset|
Make a note of the date your account will expire so that you can archive your statements and other information before the account is closed.
Note: All requests are processed on a timely basis. If you do not receive a confirmation email or the invitation within a week of submitting your request, please ensure that your email can receive emails from us.
We offer an extensive program of free trader webinars. Part of Traders’ University, our one-stop education center, webinars allow you and your students to watch, listen, and ask questions from your home or office computer as our webinar instructors clearly describe our technology, trading, and markets around the world. All of our webinars are recorded so if you can’t attend a live webinar, you can experience it on demand at your own convenience. Educators and students can access the PDF-formatted webinar notes from our IB Student Trading Lab webinars.
In addition to our live and recorded webinars, we offer a variety of interactive tours and courses and other education resources at Traders’ University.
If you have any questions about this program, or any issues with the application or Paper Trading account setup, email us at email@example.com.
Note: Please do not contact the IB Customer Service or the Technical Assistance Group as they do not support the Trading Lab.