NexusFi: Find Your Edge


Home Menu

 





Brokerage execution comparison for ES/ZB: Interactive Brokers vs. Ninjatrader


Discussion in Brokers

Updated
      Top Posters
    1. looks_one Quick Summary with 1 posts (0 thanks)
    2. looks_two JohnS with 1 posts (0 thanks)
    3. looks_3 Big Mike with 1 posts (0 thanks)
    4. looks_4 furytrader with 1 posts (0 thanks)
    1. trending_up 5,935 views
    2. thumb_up 0 thanks given
    3. group 3 followers
    1. forum 4 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
 
Silent warrior's Avatar
 Silent warrior 
Boston, MA
 
Experience: Advanced
Platform: NinjaTrader
Broker: Rithmic/IQFeed
Trading: ES, ZB, GC, 6E, CL
Posts: 69 since Feb 2015
Thanks Given: 133
Thanks Received: 13

has anyone tried BOTH Ninjatrader (brokerage, not just trading platform) AND Interactive Brokers?

Data feed issues and charting differences aside, did you notice any salient differences with fills/executions/slippage trading futures (ES/ZB)?

Thanks!


Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
My Rant with AMP Futures
Trading Reviews and Vendors
No book, only a stair: journaling fills where price move …
Cryptocurrency
Trump Media to sell instant access to market-moving soci …
Traders Hideout
Datafeed for Atas
Platforms and Indicators
requesting .nrd replay files from 2026 spy and qqq
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Mes vs MNQ
6 thanks
NexusFi site changelog and issues/problem reporting
5 thanks
BERN ALGOS algo trading journal
3 thanks
TopStep Trader disappointment
2 thanks
Johnnys Journal
2 thanks
  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 R.I.P. 1977-2026 
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,669 since Jun 2009
Thanks Given: 33,669
Thanks Received: 102,590



Silent warrior View Post
has anyone tried BOTH Ninjatrader (brokerage, not just trading platform) AND Interactive Brokers?

Data feed issues and charting differences aside, did you notice any salient differences with fills/executions/slippage trading futures (ES/ZB)?

Thanks!

A typical retail trader with a typical futures broker will notice no difference in fills. This is futures after all, not forex, and is a regulated central marketplace.

Mike




We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on X Visit my NexusFi Trade Journal Reply With Quote
  #4 (permalink)
 
furytrader's Avatar
 furytrader 
Lake Forest, IL USA
 
Experience: Intermediate
Platform: MultiCharts + CTS T4
Broker: Advantage Futures, IQFeed.net
Trading: YM, ES, EU, US, S
Posts: 153 since Jun 2011
Thanks Given: 109
Thanks Received: 151

Doesn't Interactive Brokers use simulated stops in futures? In other words, they keep the stop working on their servers and once the trigger price trades, they then send the order as a market order into the market place?

Compared to a broker that puts the order directly into the exchange, the fills can be very different in the event of a dramatic market event (for example, the Swiss Central Bank decides to end its peg with the Euro).

You can see more at: https://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2FusFuturesStopOrder.php
See also: https://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2Forders%2Fstop.php


Reply With Quote
  #5 (permalink)
 JohnS 
Philadelphia, PA / USA
Market Wizard
 
Experience: Beginner
Platform: NinjaTrader
Broker: IB, Kinetick
Trading: MES
Posts: 547 since Oct 2014
Thanks Given: 15,201
Thanks Received: 2,609


furytrader View Post
Doesn't Interactive Brokers use simulated stops in futures? In other words, they keep the stop working on their servers and once the trigger price trades, they then send the order as a market order into the market place?

Compared to a broker that puts the order directly into the exchange, the fills can be very different in the event of a dramatic market event (for example, the Swiss Central Bank decides to end its peg with the Euro).

You can see more at: https://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2FusFuturesStopOrder.php
See also: https://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2Forders%2Fstop.php

It depends on the exchange and product so you have to specify which product and the exchange. If the exchange allows a type of order to be native, then its native. If not, then it can be simulated. Here is a link to the order types allowed by the EUREX as an example.
https://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2Fexchanges.php%3Fexch%3Ddtb%26amp%3Bshowcategories%3D%26amp%3Bib_entity%3Dllc

Regards,

JohnS


Reply With Quote




Last Updated on March 15, 2015


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts