Hi,

Not answered anywhere loooking at IB charges for ETF's from https://www.interactivebrokers.com/en/index.php?f=1590 it specifies .5% for an etf fee.

Im looking for a low cost provider who integrate with ninjatrader for an etf strategy i have been creating.

Obviously i believe 1/2% is a lot and add's up with lots of round trips and a short holding period.

Any advise appreciated.

What ETFs are you looking at? US ones?
In my experience, the commission policy at IB is very competitive especially on the US market.
I also trade a lot of the common US ETFs: SPY, QQQ, DIA, IWM, UUP, XLF, JNK, USO, GLD, SLV, TLT, JJC...
I pay 0.005$ per share, up to a max of 0.5% of trade value.

This means that if I buy 10,000 shares of SPY at 145$ let's say, I only pay 50$ of commissions.

The 0.5% limitation is really there to protect you if you buy penny stocks and the like, small caps and so on...

For example, if you buy a stock that costs 0.70$ per share, then if you are to buy 10,000 let's say, you would only pay 35$ of commissions instead of 50$ (= 10,000 x 0.005$) because 35$ is 0.5% of the trade's value (10,000 x 0.70$)

Hope that was clear