How to Determine Costs When Trading FX? by using NinjaTrader Platform

Two components make up your total transaction costs when trading forex through NinjaTrader Brokerage:

1. Low discount commissions

2. Tight spreads

Sample Trade:1K lot of EUR/USD

Simply add the commission to open and close a 1K EUR/USD trade ($0.04 + $0.04 = $0.08) with the value of the spread (0.3 pips X $0.10) = $0.03.

So Roundturn Transaction Cost = $.11