IB commissions. Anyone uses their Ideal Pro

Discussion in 'Forex Brokers' started by maxima120, May 12, 2011.

  1. I dont get how they calculate comms.

    They say 0.2 bp * trade value, min 2.50 per order. and in the example they calculate monthly volumes.

    but what 'per order' does mean? if you trade 1 lot which is 25K (right?) the 25000 * 0.00002 = 0.5 hence the minimum applies and you pay 2.50 for such a trader right?

    so you have to trade in 125K lots to get 0.00002 commissions truly.. in that case why would you pay the spreads? you can trade the same stuff on CME with 1 tick spread....

    or am I missing something?