comissions

[marcopicos]

Hello

I want to add commissions to my demo trading.

According to my broker, the comissions are $0,04 per 1k lot. How do I configure my Ninja?

[NinjaTrader_Jason]

Hello marcopicos,

There are two ways to setups commissions. Please see the link below for more information.

http://ninjatrader.com/support/helpGuides/nt7/commission_tab.htm

A flat commission (minimum commission) will apply commissions per side per order.

A tiered level (commission level) will apply commissions per side per contract/share/unit.


For example, if you like a commission of $2.00 per order per side, please enter a minimum commission of 2. A commission of $2 will be calculated for the entire order per side. So if you submit an order for 5 contracts, it will calculate a commission of $2 per side, which is a total of $4 per the entire order.

If you like a commission of $2.00 per contract, please enter a commission level of 2/99999999. Each contract traded will calculate a commission of $2 per side. So if you submit an order for 5 contracts, a commission of $2 * 5 = $10 is calculated per side, which is $20 for the entire order.


A 1K lot consists of 1,000 base units. So you need to setup a commission level that calculates $0.00004 per contract/unit. Please enter a commission level of 0.00002/999999999. 0.00002 will change to 2E-05 which is fine.

[NinjaTrader_Jason]

Hello leocrespo,

I assumed $0.04 was the round trip.

[NinjaTrader_Jason]

I derived it from your forum username and the email you sent me regarding the same topic. I have changed the name in my post.