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IB,Two-Factor Authentication and Live Trading
Caleb Sandfort
posted Feb 27, 2017

Hi

I recently set up an IB account and have been able to live trade by connecting Quantopian to my paper trading account. I've tried connecting my real money account, which has two-factor authentication courtesy of the IB Key app.. When I try to login I get the notification to authenticate on the IB Key app, which I do, and it says authentication succeeded, but on the Quantopian side it says an unknown error occurred and fails.

Do I need to turn off two-factor authentication on my IB account? Any tips and/or help would be appreciated.

1 response
Dan Dunn
Feb 27, 2017

Unfortunately, we don't support all of the two-factor methods that IB does. We only support the "bingo card" method so far. We've looked at adding other two-factor methods but we haven't done it yet.

One workaround is to use distinct accounts. IB lets you create additional accounts pretty easily, and you can put different security levels on them. So you can create one account for integration with Quantopian.

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The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.

In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.