Announcement

Collapse
No announcement yet.

Partner 728x90

Collapse

Simulator Currency Commission Interactive Brokers

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Simulator Currency Commission Interactive Brokers

    I use Interactive Brokers. They have a $2.50 minimum commission/per side on currency transcations. I tried to code this in the simulator options as $2.50 for 100,000 euros [eurusd] but the commissions are not showing up on the trades.

    I as sure there is a simple solution. I may not have units correct. Please assist.

    #2
    Hello,

    Can you please clarify exactly which line (provider) you used to set this up? Are you using "Currency - Simulator" or "Currency - Interactive Brokers"?

    You will want to ensure you have input this on the correct provider. Simulator refers to the simulated data feed which is a separate connection used for testing purposes.

    Also please note that the commissions will not appear for any previously executed trades - they will only apply for any trades placed moving forward.
    MatthewNinjaTrader Product Management

    Comment


      #3
      Ok, i used currency interactive brokers this time; however, i put $2.5/100000 units and i get commission of about $25,000. Can seem to get unit correct. Can you assist?

      Comment


        #4
        Hello,

        What quantity was the order you placed which resulted in this commission rate?
        MatthewNinjaTrader Product Management

        Comment


          #5
          Interactive Brokers forex commission is $0.20 per basis point. 1 basis point = 0.0001.

          How do I code that in the commission? The minimum charge of $2.50 works.

          Comment


            #6
            You will only be able to setup a tiered commission rate based off of the number of units traded. Unfortunately the IB commission structure which is based per point would not be support in NinjaTrader at this time.
            MatthewNinjaTrader Product Management

            Comment

            Latest Posts

            Collapse

            Topics Statistics Last Post
            Started by abelsheila, 05-14-2025, 07:38 PM
            2 responses
            52 views
            0 likes
            Last Post hglover945  
            Started by nailz420, 05-14-2025, 09:14 AM
            1 response
            102 views
            0 likes
            Last Post NinjaTrader_ChristopherJ  
            Started by NinjaTrader_Brett, 05-12-2025, 03:19 PM
            0 responses
            484 views
            1 like
            Last Post NinjaTrader_Brett  
            Started by domjabs, 05-12-2025, 01:55 PM
            2 responses
            81 views
            0 likes
            Last Post domjabs
            by domjabs
             
            Started by Morning Cup Of Trades, 05-12-2025, 11:50 AM
            1 response
            115 views
            0 likes
            Last Post NinjaTrader_ChristopherJ  
            Working...
            X