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Forex Brokers for Ninja


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Forex Brokers for Ninja

  #31 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,492 since Jun 2009
Thanks Given: 33,257
Thanks Received: 101,702

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  #32 (permalink)
 
Todd's Avatar
 Todd 
Alpharetta, GA
 
Experience: Intermediate
Platform: ninja
Broker: Mirus / Zenfire
Trading: ES
Posts: 234 since Jun 2009
Thanks Given: 28
Thanks Received: 40

Richard,

What is the fee?
Do you pay a fee and get charged the normal pip spread?

Todd

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  #33 (permalink)
 
whoisthere48's Avatar
 whoisthere48 
Fort Collins, CO
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Zaner Zen-Fire
Trading: GC Comex Gold
Posts: 32 since Jul 2009
Thanks Given: 185
Thanks Received: 29



Todd View Post
Richard,

What is the fee?
Do you pay a fee and get charged the normal pip spread?

Todd

Hey Todd,

I have not used the Forex part of my account for a while so I am operating from memory here, but I think it was around $7 per round turn (for standard contracts) with no spread. I was not a big fish so I am sure I was paying the highest rate. If you trade a lot or have a large balance I am reasonably certain that you could get a better rate.

Richard

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  #34 (permalink)
 
LukeGeniol's Avatar
 LukeGeniol 
Italy (IT) Italy
 
Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker: Rithmic
Trading: CL, Brent, GC, TF
Frequency: Daily
Duration: Minutes
Posts: 1,499 since Apr 2010
Thanks Given: 408
Thanks Received: 985


whoisthere48 View Post
Hey Todd,

I have not used the Forex part of my account for a while so I am operating from memory here, but I think it was around $7 per round turn (for standard contracts) with no spread. I was not a big fish so I am sure I was paying the highest rate. If you trade a lot or have a large balance I am reasonably certain that you could get a better rate.

Richard


U can find really better commission for forex, looking first at currenex, Hotspotfx, lava....etc.
I know that with NT would be better but the only one u can use with good commission from 1 standard lot is IB, starting from $2.50, on currenex $ 1.50.

Luke.

Take your Pips, go out and Live.
Luke.
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Last Updated on June 18, 2010


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