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How do we calculate MB's new forex commission structure?
How do we calculate MB's new forex commission structure?
It says 2.95 per 100K per side so 5.90 round turn plus the bid ask spread. I have read all the posts on here, some on ET, the MB website examples. I still don't understand... Anyone please explain in stupid easy terms. MB gives four different examples. I guess assume I am opening and closing my position in the same day, no overnight rollover stuff.
I am going to see if I can get a hold of a rep this week in case I don't get an answer.
Can you help answer these questions from other members on NexusFi?
I read on ET you gotta clear two pips to be profitable rather than 1 tick in futures. Obviously the attraction though is that you can trade micro lots. Ok thats as far as I understand.
i believe it's listing 4 calc types so you can figure out your PnL always relating back to USD from the more exotic pairs around, too...basically just 2.95 $ per side for the reg 100K lot plus spread...so 0.295 $ for 10K mini lots then.
Chris , its $2.95 each side for a standard ( $100,000 ) lot so 29.5 cents each side for a mininlot ( $10,000 ) . Theres no other fee or spread or commission - its all baked into the one charge . * This is as per Jason at MB last week , I called and grilled the guy about all this and wrote down the details because I was unclear about it . His # is 866 558 3342 / 310 414 4522 . IF Im mistaken please post it here , thanks .
Is this question about MB Trading? If you are using MB Trading where do you get your historical data with NT. I do not have an account but understood it was not available.
