MikeL 10:19 am on Monday, March 4, 2024

Alternative to TOS paper account?

It looks like TOS is canceling paper accounts. It started about a month ago and now even my oldest paper account was closed today. New paper accounts are not available.

Is there a decent alternative to TOS paper account with similar functionality?

fuzzballl 10:28 am on Monday, March 4, 2024

Aw crap. I hope not. My TDA accounts haven’t moved yet though. Got a couple tiny little placeholders there for when I come back from Fidelity. eTrade might have paper but not sure.
matt0311 11:35 am on Monday, March 4, 2024

Inter Active Brokers has, but functionality may be an issue.
- MikeL 1:02 pm on Monday, March 4, 2024
  
  I use IB for live trading, but charting and other functions are not even close to TOS.
  - matt0311 3:38 pm on Monday, March 4, 2024
    
    yes, you are right with your assessment. Did you get also a note that IAB is readying a new, more user friendly version? I have not seen it ye, but I don’t expect it getting good charting as TOS etc.
geewhiz112 5:49 pm on Monday, March 4, 2024

Schwab is “forcing” users to TOS. WE have access to paper trading on it. Might be a broker decision.
- MikeL 10:48 am on Tuesday, March 5, 2024
  
  Looks like you must have an existing account with Schwab in order to get access to paper trading using TOS. 😦