Any body else Sick of those log in cards with TWS

I just scanned and printed it. I keep a copy of it at my different trading desks. Maybe taking away from some of the security but if someone could get to my trading desks I would have more problems than the money in my trading account. lol.
 
You can get a static IP and set up your account to only recognize a computer from it. That won't work if you are traveling though.
 
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.

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 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.

You got that right, I remember reading about this affair.
 
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.

Use IBController and then you only have to enter it once a week. You can get it from the Yahoo TWSAPI group. It is a little tricky to setup but well worth the effort. I log on to multiple TWS instances on Sunday evening and that's it for the week.

The security cards are a good idea to have and with the right software they are not much of a hassle at all.
 
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.

Yes, you were! You gotta read the papers before you commit to something. The only problem is that if you did not sign up for the security device your accounts would no longer be insured in case of a security breach/stolen funds.
 
i went from a card to a calculator.the card i can live with you can scan it and email it.i hate the calculator cause youalways have to have it with you. alreay forgot it a few times to take it with me.seriously helpless feeling when you want to log in and manage your stocks/futures and notice your calculator is somewhere else.
IB is the drug for me and i need to score
 
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.

Why can't IB offer a middle ground i.e. to allow TWS login without card but mandate the card based authentication for fund transfers.

Also I think, the distorted TEXT is done intentionally to create problem for people who try to do trading automation. This is probably done in favor of their costly fix based API trading platform.
 
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