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Opening a Paper Trading Account
Once your regular trading account has been approved and funded, you are eligible to open a Paper Trading Account. All paper trading accounts start with 1,000,000 USD of paper trading equity, which allows you experiment with the full range of IB trading facilities in a simulated environment which uses real market conditions.
Once you complete the application, the paper trading account is available within 24 hours under normal business circumstances. You will be notified by email when the account is ready for trading.
To open a new paper trading account
Click Settings > Account Settings.
In the Configuration panel, click the Configure (gear) icon for Paper Trading Account.
Type a five-character paper trading
account username in the field provided.
Type a paper trading account password
in the field provided. The password must be from six to eight characters
and must contain at least one number and no spaces.
Re-type the password in the field
provided, then click Continue.
Your request will be confirmed for processing. If we receive your request by 4:00 PM Eastern Time on any normal business day, it will be processed by the next business day under normal circumstances.
