Time & Sales data in both the paper trading and free trial accounts is based upon actual trades, not simulated trades. As a result, while a simulated order is executed on the basis of real-time quotes, it is not reported in actual Time & Sales. You will, however, be able to use actual Time & Sales as a reference for the market as it existed at the time of your order submission and execution.
Do my trades in the free trial account show up in Time & Sales?
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What are the limitations of the paper trading account?
A paper trading account is a simulated account trading in a simulated market. IBKR programmatically simulates, to the best possible abilities, actual market conditions. However, it is not a real market, and in some instances prices may not exactly match. IBKR is simulating not only the trader’s functionality and the market, but also the role of the exchange. In a real, live account, the order would be sent to the exchange, and the exchange would be doing the execution—not IBKR…
I received an execution in my paper trading account that did not correspond to the market at the time, what happened?
Overview:
A paper trading account is a simulated account trading in a simulated market. We programmatically simulate, to the best possible abilities, actual market conditions. However, it is not a real market and prices cannot exactly match. We are simulating not only the trader’s functionality and the market, but also the role of the exchange. In a real, live account, the order would be sent to the exchange, and the exchange would be doing the execution—not us. The exchange has an anonymous book and orders are matched anonymously. With the simulated account we are trying to simulate the role that in the real markets is played by the exchange. While these fills may or may not be within the bounds of the live market at the time, in no way is it indicative of what would happen in the real market. Again, we are simulating the exchange’s role in the live market, and in that market the onus for order matching/filling is on the exchange…
How long does my free trial account last?
While there is no set time limit for use of the free trial account, its purpose is to offer prospective clients the ability to operate the trading system in a simulated environment before making any commitment to open and fund a live account. IBKR, however, will periodically review and close trial accounts that have not been logged into over an extended period of time. In the event this occurs, prospective clients are invited to apply for a new trial account…
Is Time & Sales data provided within the free trial account?
Time & Sales is provided as part of the free trial account, however, as it is a form of market data it's subject to a 15 minute delay. This means that you will not be able to review the Time & Sales for a given trade period until 15 minutes after that period (or the simulated trade which took place in that time frame), has passed…