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Anybody trading a Live Forex Micro Account?

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    Anybody trading a Live Forex Micro Account?

    I just opened a micro account with Forex.com. I am having some issue when it comes to margin and tick/pip size. My question is can someone that is trading a live forex micro account post a picture of their DOM while in a trade so that I can see for my own eyes what your tick size is and how much margin this single lot cost you to put on.

    Yesterday I went back and forth from Forex.com to Ninja Brokerage support to ninja platform support and nobody could figure this out.

    When I place a trade in my live account it cost me $23 for 1,000 units at $.01 a tick/pip.

    This is not correct. It should be (1 lot) 10,000 units at $0.10 a tick/pip.

    Looking at my DOM you can see 26'4 - 26'5 - 26'6 and so on at (1,000 unit) $.01 per tick.

    This trade cost $23.

    I should get 10,000 units (1 Lot) for $23 margin just like it does in my MT4 platform.

    Someone please help if you can. Thanks in advance.
    Attached Files
    Last edited by tradersgrail; 07-27-2018, 05:26 AM.

    #2
    It looks like you didn't place an order for 10,000 quantity because we can see that your current position is for 1000 not 10,000.

    I do see that your quantity fields have 10,000 selected. Please clarify - are you certain that you're submitting the order when the quantity field states "10,000" and not "1,000"?
    Patrick G.NinjaTrader Customer Service

    Comment


      #3
      I am unable to place a 10,000 unit trade because I will need $230 in the account to place this trade. Look how much margin they are charging me for 1,000 units...$23.00 x 10 = $230

      I can place a 5,000 unit trade that will run me $115 and will be $.05 a tick/pip

      My MT4 platform (same Broker) charges $23 to place a 10,000 unit (1 lot) trade.

      I think it is something to do with the 1/10th increments...maybe

      Comment


        #4
        The NinjaTrader platform does not control this. Please contact Forex.com directly with this question.
        Patrick G.NinjaTrader Customer Service

        Comment


          #5
          So I contacted Forex.com and they confirmed that everything is correct on their end.

          I just received this email from ninja tech support

          Hello William,

          Thank you for using NinjaTrader.

          Within NinjaTrader 8 the default is the tenth pip. Unfortunately, there is no way to change to full pip.



          I think this is the problem...

          This takes me to my next question.

          Is anybody trading a Live Forex account on this platform?

          If so, may I please see...

          a) Your margin size per 1,000 units or 10,000..either or

          b) Your DOM with tick/pip values in the center and the P&L on the right side column.

          thanks to anybody that can shed some light on this.

          Comment

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