I am currently using Interactive Brokers with NinjaTrader, however on Forex trades the minimum commission is $2.5. Are there any Forex brokers that will work with NinjaTrader that does not have a min commission? I want to ease my strategy into real time by trading small lots until it proves itself. The $2.5 commission is cost prohibitive for doing this. Thoughts?
they have a formula, it comes out to $2.50 per 100k. If you want to trade less than 100k, you still pay the $2.50 (approx) commission. So, like on EUR/USD where the spread is usually less that one pip, on a 100k, you pay $2.50 plus a pip (or less) which is another $10. With a mm, you pay no commissiion but the spread may be an extra pip. So with a mm, on 100k, you pay $20. But below 100k, it may make sense to pay the pip and go with the mm.
You`ll have to call them for yourself,i can`t say.For all i know is they are reliable http://www.mirusfx.com/
Might as well go directly with MBT. MBT offers 2 different pricing plans: http://www.mbtrading.com/forex.aspx
MB Trading u get paid on limit orders going in AND take profits going out. You pay no commision on the trade. On market orders 100k they just dropped the commission from 2.90 the. New lower price per 100k I am uncertain of u should chat with them if your interested