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Calculating all the costs in automated trading

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    Calculating all the costs in automated trading

    Hello, I'm Marco from Italy. I've been developing and testing some algorithms for automated trading for a while now and I've come to the point where I think it's worth giving a try to go live.

    I'm having doubts about what are the real costs that I'll be facing once I go live.
    I understand that there will be a NT fee that can be either once per lifetime or monthly.
    Then for each position I will enter there will be a 0,04$ to 0,06$ per 1K (at today's date) lot for each Enter or Exit (on order start and on order exit/close), so twice that for each completed order.

    Is there any other cost other than my country's tax fees?
    Do I get other costs depending on which broker I choose?

    Thanks
    Best regards
    Marco

    PS: I'm referring to Forex trading
    Last edited by TND-storm; 01-17-2016, 10:07 AM.

    #2
    Hello,
    You will need to contact your broker for an explanation of all the costs you will encounter with trading. If you are with NinjaTrader Brokerage you can contact brokeragesupport[AT]ninjatrader[DOT]com.

    If we can be of any other assistance please let us know.
    Cody B.NinjaTrader Customer Service

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