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Interactive Brokers fees + NinjaTrader
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Interactive Brokers fees + NinjaTrader

  #1 (permalink)
Trading Apprentice
Paris France
 
Futures Experience: Intermediate
Platform: Ninja trader
Favorite Futures: Bund future
 
Posts: 2 since Oct 2011
Thanks: 1 given, 0 received

Interactive Brokers fees + NinjaTrader

Hi Guys

i want to open an account to this broker and i can see on the website "costs => others fees => cancellation/modify Oders fees" than for future on Eurex we have to pay for the cancel/modify order ??? what this shit !?!... is it true ?

for example, if i'm long and my ExitLongLimit is hit... my stoploss order is cancelled... i will pay for the cancellation of the stoploss ?

or for example, i'm long and i have a stoporder following the moving average in 5 minutes bar chart... so my stop is potentially modified every 5 minutes... i will pay for that ???

thx for the help.
Thomas

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  #2 (permalink)
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  #3 (permalink)
Elite Member
glostrup, denmark
 
Futures Experience: Advanced
Platform: Custom platform
Broker/Data: CQG
Favorite Futures: Futures, Options, Stocks
 
ktrader's Avatar
 
Posts: 249 since Aug 2011
Thanks: 151 given, 274 received


Yes, you will be charged for every cancellation or modification. You get a credit for a fill, so you can do 5 cancels/modifies pr fill in the same symbol the same day. (so 10 cancels/modifies pr roundtrip).

--ktrader




thomas79 View Post
Hi Guys

i want to open an account to this broker and i can see on the website "costs => others fees => cancellation/modify Oders fees" than for future on Eurex we have to pay for the cancel/modify order ??? what this shit !?!... is it true ?

for example, if i'm long and my ExitLongLimit is hit... my stoploss order is cancelled... i will pay for the cancellation of the stoploss ?

or for example, i'm long and i have a stoporder following the moving average in 5 minutes bar chart... so my stop is potentially modified every 5 minutes... i will pay for that ???

thx for the help.
Thomas


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