Trader Setup

[ryebank]

Hi,

Currently using NT for charting and IQFeed for data. I've just opened an account with Interactive brokers. My question is can I connect to IQFeed for tick, market depth, T&S and DOM data and use NT's DOM to execute trades via Interactive Brokers (don't like IB's Book Trader)?

If this is possible where do the costs come in? I know about IQFeed and the commission i'll pay to IB for each round trip but is there a cost to use NT for executing trades via IB?


Regards
Rye

[NinjaTrader_Kyle]

Hello,

Thank you for your post.

This is possible. To achieve your goal a single broker live NinjaTrader license will be required. The best value when purchasing NinjaTrader is to select one of our lifetime purchase options. Alternatively you can also lease our software for a period of time that makes sense to you. We make purchasing NinjaTrader easy by providing you a choice in how you access our software...choose a plan that suits you best!

• Lifetime license for a one time payment of $995
• Lifetime license for 4 easy monthly payments of $299
• Several flexible leasing options starting as low as $50 per month

Learn more about our purchase options!

More information about using multiple connections with NinjaTrader can be found here: http://www.ninjatrader.com/support/h...onnections.htm

[ryebank]

Is there any way I can mitigate the fee for NT (use a specific broker, market data provider)?

[NinjaTrader_Kyle]

Hello,

Yes, these type of keys are available with specific brokerages such as NinjaTrader Brokerage and FXCM. I would invite you to contact me at [email protected] for more information regarding this type of license.