Any NT compatible brokers that support microlot Forex trading?

[marketstudent]

I am about to enter 0.02M for $EUR/USD, this is the min. quantity that IB supports.

[NinjaTrader_Jason]

Hello marketstudent,

If your broker uses a minimum order quantity of 20,000 base units, then the same minimum order quantity is used in NinjaTrader.

[darckeen]

MBT allows 1,000.00. NT supports it via the workspace naming/acct/trade size.

What do you mean by this?

[NinjaTrader_Jason]

Hello darckeen,

I believe BIGRED refers to the forum thread below.

http://www.ninjatrader-support2.com/vb/showthread.php?t=11462&highlight=micro+lot

[kjkjkj]

Hi Jason,

If you are trading say a US base currency pair and Interactive Brokers have an minimum of $25,000 USD for trading on Ideal Pro. Does that mean in NT, 2 contracts = 2 x $25K USD = $50K USD?

Also, If IB lets you place an order in dollars increment and say you want to trade $30K which is 1.2 x mimimum(25K), is it possible to do in NT?

KJ

[NinjaTrader_Jason]

Hello KJ,

Correct, you would need to submit an order with a quantity of 50,000.

You can select an order quantity of 30,000, however I am not sure if the order will be accepted; I suspect not.

[kjkjkj]

Jason,

Thanks for the quick reply.

Just to be clear as I don't want to made a mistake, if I want to trade 50K, I have to put 0.05M in order qty in SuperDOM and not 2 for trading with IB?

Is that correct.

Thanks.

KJ

[NinjaTrader_Jason]

Hello KJ,

You are correct in your assumption.