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Yes vps good too... But here for my business home office, I went for the dual lines into the house for redundancy. But I also have a third LTE setup as backup, plus a whole house generator
Yes it is true, I've had it happen to me twice. The 1st time is free, then $50 each time after.
Don't know if this is all brokers, but they also require full intial margin for trades between 4 - 4:15 est. I was going for a quick scalp between 4 and 4:15, but any trades after 4 pm require the full initial margin. However ninjatrader still accepts the order instead of rejecting it, then they auto liquidate it and charge the fee.
I guess it's not really a hidden fee because they did email me after the 1st free liquidation informing me of the fee.
But that order at 4pm should have been rejected! Just like if I place a 100 lot order, it's rejected and the error says how much account balance is required.
During the covid crash, NT was adjusting margin requirements live on the fly. I would place 100 lots orders to see the rejection error of how much the live margin requirements were. So I know NT can adjust margins both on their end and the client end at the same time. There's no excuse for why they accept orders between 4-4:15 and auto liquidate them. I want my $50 + bid ask spread + round trip commission back!
Yes this is true, posted on our website and standard in the industry. There are brokers that charge this fee per contract, ours is independent of contract size. For comparison, I just checked TradeStation, they charge $75.
Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.
I am not sure if I am overstepping with this post and likely not the right spot for it...if I am, sorry Mike.
NinjaTrader sponsors Precision Racing League, a virtual racing league using the iRacing platform. Brett (NinjaTrader Product Manager) and I both drive for our team which is broadcast almost every Monday night. Tonight's race is at Watkins Glen and starts at 9 PM ET. You can watch the live stream at the link below.
Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.