Eyal wrote:
> Thanks.
> I read the whole manual and it is quite clear, however I'm trying to
> figure out couple of things:
> 1. Do I need to contact IB to get this "Simulated account"? (I now use
> the demo account)
> 2. Do I need to fund an account before opening real account in IB? (I
> guess only real account will assure me the quotes are for real...)
>
> On Nov 8, 12:40 am, Eugene Kononov <[email protected]> wrote:
> > > how reliable are the quotes in the test environment?
> > > are those quotes fake\not accurate? real but delayed? same as
> > > production?
> >
> > > In addition, what are the conditions according to IB to work with
> > > their real quotes or something?
> >
> > The term "test environment" can mean different things. When you get an
> > account with IB, you have 3 types of login:
> >
> > 1. Demo account: login with edemo/demouser. Not useful with JBT, since
> > market depth is not fed.
> >
> > 2. Simulated account (also known as a paper-trading account). This works
> > well with JBT if you want to test any JBT functionality, including order
> > submission and execution. However, it has known market data issues.
> >
> > 3. Real account. This is what you'd use for trading when ready, but JBT also
> > has a "forward test" option which allows you to run your strategies with
> > that account without actually placing trades.
> >
> > These topics are covered at some length in the JBT 
> > manual:https://docs.google.com/View?id=dfzgvqp4_10gb63b8hg
> > If anything is missing in the manual, please let us know.

You can only get a simulated account when you have funded a real
account

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