Multi-Broker License & Commissions

[ij001]

Hi NT,

I have a multi-broker license running NT 8.

I've noticed for the same instrument, there are commissions differences charged by my two brokers.

For example,

GFF Brokers charges me approximately a $1 per contract of MNQ
IB charges approximately $0.50 per contract of MNQ

How do I customize the commissions charged per broker, or what would you suggest in this case?

Thanks!

[NinjaTrader_Emily]

Hello ij001,


Thank you for your note.


To apply commissions to an account, please take the steps below.

1. Navigate to the Accounts tab of the Control Center
2. Right-click on the Account you would like to apply the commissions to, and select 'Edit Account'
3. In the 'Commission' drop-down menu, select the commission template.
4. Click OK (you will need to repeat these steps separately for your GFF account and your IB account)

If the commission templates you see don't suit you, then you would have to create a custom commissions template. You may do so by navigating to Control Center > Tools > Commissions. In this window, click, "add" in the Templates section towards the bottom left side to create a new template. Next, depending on the instrument type you intend on trading, click on the instrument type in the 'Commission per instrument type' section, and click edit. Lastly, add the 'Minimum commission' or 'Per-unit commission' and then click 'OK'. Follow the above steps to apply the commission template to your account.


Unfortunately, the prior orders you've executed will not be applied with commissions, however, the new orders you execute will have the commissions applied.



Additionally, please see the following publicly available NinjaTrader 8 help guide link on Working With Commission Templates:

• https://ninjatrader.com/support/help...commissi_2.htm

Please let us know if we may be of further assistance.