Forex demo account with Interactive brokers
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thread: Forex demo account with Interactive brokers

  1. #1

    Forex demo account with Interactive brokers

    Dear traders, hey.
    I am thinking about to start a DEMO account in Interactive Brokers, for forex trading. Can anybody guide me please or help? which platform etc..
    Thanks a lot already. regards.

  2. #2
    The actual time information feeds price money so that you have to have some funds in the connected account.

    FX information might be free, I can not recall.

  3. #3
    Sir, thank you for your kind helps.
    I will think about your advices really.

    I exchanged in a few other platforms before, for example dwell MBT navigator etc..
    So I expect, I can trade in any platform.
    Actually I am looking at to open a Live account in IB.
    For the time being, I just liked to observe how the platforms work.

    (additionally, I would like to ask some other tips about IB and a few other brokers, if you please ? )

    Thank you for your time and assists. best wishes.

  4. #4
    Is a br0ker rather than the normal Forex br0ker. They do not provide free demo accounts. You can create a paper trading account but it has to be linked to a real account with money in it.

    I've got 2 accounts with IB and I'm very happy with them. However I don't trade Forex together, only options.

    The information feed in the paper trading account is precisely the same as the real one. On the other hand, the fills in paper trading are only at the organic prices (i.e. buy at the ask, sell at the bid). This may not matter with Forex since most Forex br0kers simply fill at the natural anyhow.

  5. #5
    Junior Member LAURIELDEFREXX's Avatar
    23
    IB is a *real* br0ker rather than the typical Forex br0ker. They do not offer free demo accounts. You are able to produce a paper trading account but it needs to be linked to a real account with money in it.

    I've got two accounts with IB and I am quite happy with them. However I really don't trade Forex with them, only choices.

    The information feed from the paper trading account is exactly the same as the real one. On the other hand, the prices in newspaper trading are just at the organic prices (i.e. buy at the ask, sell at the bid). This may not issue with Forex because most Forex br0kers...
    IB does not offer free demo accounts to just anyone without opening an account with them, that is true BUT you do not have to actually fund your real account to do paper trading. Provided that you opened the real account, IB will give you a free demo account upon petition and you may use it as long as you would like.

  6. #6
    Dear stevegee58 and ,
    thanks a lot for your time.
    It is extremely valuable for me really.

    I can see it and will consider your own advices.

    Best dre.

  7. #7
    Dear traders, hello .

    I have just tried to lunch IB forex Demo,
    http://individuals.interactivebroker...gemap_demo.php


    simply clicked forex demo trading and button platform opened. The strange thing is, there was not any enrollment, etc.. The platform has just opened. (maybe, as a result, I had already applied to open a live account, and I am running a live account opening proces. )
    Anyhow, I am finding out the attributes of this platform now.

    Thanks a lot for all your helps and time. best wishes.

  8. #8
    Just bear in mind that the demonion logs you in with a demo username and password that has just delayed quotes. It is just to allow you to see what it looks like.

  9. #9
    Dear stevegee58, hi.

    Actually I found a Demo page on IB site and I have just tried the Currency Market one. It is complex of course, and I am only looking for out about it.
    Http://individuals.interactivebroker...gemap_demo.php
    I am only new about IB, so I might be incorrect.
    regards.

  10. #10
    dear sir , thanks for your helps . Surely, I am not investing in that demo account, any egies or etc.. Yes, as it is possible to assume, I just like to see what it looks like and how it functions. Thank you a lot for your care and helps.

    Just remember that the demonion logs you in with a demo username and password which has just delayed quotes. It is simply to let you see what it resembles.

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