Advisor Portal for a Paper Trading Account

Instructions

When you use a paper trading account, you have limited access to advisor portal functions. With a paper trading account, you are limited to the following Portal menus and functions:

  • Paper Trading Account Reset: Lets you reset the cash equity of your paper trading account. All paper trading accounts start with 1,000,000 USD of paper trading equity. Note that if you want to flatten the account positions, you must trade out of them before requesting a paper trading account reset.
  • Activity Statements: Statements lets you view and print daily statements for your paper trading account, and download trade information to Microsoft Word and Microsoft Excel. Daily statements cover the last 45 days. Access statements from Reporting > Statements.
  • Model Statements: Models provide an efficient method for advisors to manage multiple trading strategies for their clients without requiring them to open multiple accounts. If you are a Financial Advisor, a Money Manager, an Advisor Client, a Fund Investment Manager or a Fund and models have been created and saved in your trading platform. Access model statements from Reporting > Statements.
  • Activity Flex Queries: Flex Queries lets you create highly customized report templates for Activity Statements called Flex Queries. Flex Queries let you specify exactly which fields you want to view in your Activity Statement, the time period you want the report to cover, the order in which you want the fields to display, and the format of the report. Access flex queries from Reporting > Statements.
  • Trade Confirmations Flex Queries: Trade Confirms Flex lets you create multiple, customized report templates for trade confirmations. A trade confirmation flex query lets you specify the exact fields you want to view in your report, the time period you want the report to cover, the order in which you want the fields to appear in the report, and the format of the report. Access flex queries from Reporting > Statements.
  • Change Password: Lets you change your paper trading account password by logging into Advisor Portal with your production account (in the event that you have forgotten your paper trading password). Access Change Password from Settings > User Settings.

All paper trading accounts start with 1,000,000 USD of paper trading equity. You may reset this equity at any time using the Paper Trading Account Reset page in Portal.

  1. Log into Portal with your paper trading account username and password.
  2. Click Reporting > Statements.
  3. In the Run a Statement panel, make selections in all fields (select Activity or Model as the Standard Statement Type), and then click Run Statement.

The Activity Flex Queries page lets you create highly customized report templates for Activity Statements. Flex Queries let you specify exactly which fields you want to view in your Activity Statement, the time period you want the report to cover, the order in which you want the fields to display, and the format, TEXT or XML, of the report.

  1. Log into Portal with your paper trading account username and password.
  2. Click Reporting > Statements.
  3. In the Custom Statements panel, click the Run icon for the flex query you want to run.

    You are prompted to save the flex query.

  1. Log into Portal with your paper trading account username and password.
  2. Click Settings > User Settings. The User Settings screen opens.
  3. In the Login panel, click the Configure (gear) icon for Change Password.
  4. Type your current password, then type your new password. Choose a password that is from six to eight characters long and contains at least one number and no spaces.
  5. Retype the new password and then click CONTINUE.
  6. In the Confirmation Number field, type the confirmation number from the email you received.
  7. Click CONTINUE. The password change is effective immediately.

 

Additional Resources

Learn About the Advisor Portal Interface at IBKR Campus

Visit the IBKR Advisor Portal Website

Log in to Paper Trading Account Setting