Quote from rwk:
I find it annoying and hard to use, but I don't expect to opt-out. I think it works well for its intended purpose, i.e. security. I have pretty well gotten used to it.
Quote from rwk:
Apparently there was a problem. I can't find the article, and my memory is hazy, but I seem to recall it happened in Estonia. I think somebody used a keylogger on a public computer (probably an Internet cafe) to steal logins. Then they placed unauthorized trades using a variation on the old pump-and-dump scheme. They ran the price up using stolen passwords and dumped their stock at a profit, leaving the account holders with big losses.
I misread the OP. I have the calculator-like devices for two accounts. They work, but it takes patience to get it right.
Quote from lindq:
It is especially annoying at 5:30 in the morning (I am on Pacific Time) when I can barely see the numbers and enter them correctly.
However, it is WELL worth it for the security, and I give credit to IB for forcing it on account holders.
Quote from Magnum29466:
I wasn't given the opinion to opt out. I got a letter with my card stating it was mandatory. my other account is still basic log in though.
Quote from dcvtss:
It is a way to enforce strong security. Some users left to their own devices will invariably have lax password security practices and get their account compromised. From IB's perspective it is an "ounce of prevention" type thing.