Backup trading account
Backup trading account
I just opened a new account with Interactive Brokers. IB suggests to maintain "alternative trading arrangements in the event IB trading system is unavailable". How many traders out there have a "backup" trading account at a different broker in case something like this happens?
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- Roundtable Knight
- Posts: 427
- Joined: Mon Jun 01, 2009 4:12 am
- Location: once again in the UK
additionally as all good disaster recovery processes should cover - dont forget to actually test it.
After the recent floods here in Australia, there were a few brokers whose backups worked perfectly and others were lacking.
Otherwise its like forgetting to fuel up the getaway car and ruining a perfect plan.
After the recent floods here in Australia, there were a few brokers whose backups worked perfectly and others were lacking.
Otherwise its like forgetting to fuel up the getaway car and ruining a perfect plan.