Outdated.
Outdated.
Hi,
This is quite easy. :-/
First of all, open an account include paper trade account by IB.
Then create your algo here by Quantopian. Run the "Full Backtesting" and then click the button "Live Trade Algorithm" and you will see how to go further.
Hi Karl,
I'm also based in Australia and there are a few catches. First you open an account with base currency USD. As IB is punished by ASIC for something they didnt like they are not allowed to offer margin trading (really annoying) If you have a valid address/ID and adress proof you might be able to open an account in the US or Europe if you also have a local taxID.
No margin means that you have to trade algo's that sell, wait 3 Bdays and then buy. if you try to buy with "sold equity cash" the transaction will be refused. I'm waiting for Robinhood to open up shop here (register your interest at the Aus site of robinhood) so I can trade more frequently and have margin
The paper account is included at IB so you can use it, but I always use the quantopian papertrade, is good enough
you can basically trade anything that is served in IB but sometimes I found the costs of some asset classes prohibitively expensive in some markets. I trade, ASX firms but via algo's. So if your question is wether you can trade ASX listings through Quantopian/IB: No. Can you trade manually ASX: yes, even when the base currency is USD