Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
that is cost to trade per side, as in transaction cost, for ES that would equate to 0.8 + 2.32 = 3.12RT. Refer to all the other platforms shown and finally call the FCM to verify
Can you help answer these questions from other members on NexusFi?
We pay Ninja 0.10 per side. The FIX adapter is 0.05 per side payable to TT. We have no way of knowing who is not using the Dynamic dome so all Ninja clients are charged.
Strategy Runner is also a FIX client BUT...SR charges us 0.25 per side for Lite, and 0.75 per side for Pro (in addition to the 0.05 per side FIX).
The TT FIX adapter commission structure is meant for those using their own (TT conformance approved) software, or platforms such as Sierra Chart or OpenQuant.
Best regards,
Dale
If you have any questions about our services at Velocity Futures please send me a private message.
Hi, how are you getting 3.50 R/T? Supposing you add in the increased .02 fees, that 3.52 R/T, but I'm getting 3.62 R/T.
The breakdown goes
ES = $1.66 per side
NT = .05 cents per side (For "Chart Trader" or "Dynamic SuperDom")
TT = .10 cents per side additional (For "Static SuperDom" thru TT credits on Ninja website)
Grand Total = $1.81 per side (or $3.62 RT) + $60 monthly if you lease Ninja (or $0 monthly if you own the Ninja Lifetime License).
The only way I figure people are getting the 3.5 R/T is that the NT 0.05 per side is waived when they get on the Static SuperDOM 0.10 per side. Could you please elaborate?
Also, how are your margins and when are the day-time margins in effect?
hoeman..you answered your own question. The routing fees as dale box elaborated is open to negotiation with brokers/FCMs.
"Written in stone" costs like exchange fees and TT royalty fees are by definition..."written in stone". Routing fees are not. I got the same answer at DDT/Xland as well as Vision....and each setup....NT/TT, NT/Rithmic, RTrader has a little (or a lot) of leeway w.r.t to routing fees (aka what is your trading size and/or negotiating skill).
Margins are not important to me, I can live with full maintenance margins since I am risking less than 2% on trades. But with Vision at least, the intraday margin is certainly not as good as, say a lot of others. Please call the FCM.
Ok, got all that now. I have another question. How is the TT feed? I believe in another thread here, Big Mike mentioned that TT feed isn't a true tick feed and is a 250 ms burst feed. Is that true?
I know there is a thread called Zen-Fire vs TT vs DTNIQ, and as mentioned, I have read it, but it doesn't go over this or it might have and I missed it or the answer was really dated.
TT isn't a charting datafeed, it's an ordering datafeed. How do I know ? I ended up with huge gaps, data was missing. Wrong bid/ask data was delivered.
Useless for my type of charting. I switched to a real datafeed and my problem was fixed.
Hey, we all want a free top notch quality datafeed like TT, Rithmic and Zenfire claims. It's not happening, you will need to pay for it. Esignal/CQG/DTN-IQFeed/Kinetick comes to mind. Are they free ? Hell no, why ? Think about it.