Commission Input (value)

[HTS]

Hi


If I see that the comm on my trades is $5 per lot for a round trip, what should be the Commission $$ per 1,000,000?


Let's assume its for EURUSD, with contract size of 100,000

Is the answer:

1,000,000 / 100,000 = 10 EA (1,000,000) / Contract (100,000)

Then 10/2 (10 is round trip and EA is one side only) = 5


Then finally 5x $5 ($5 broker round trip) = $25

So EA requires$25 as the input??


This value would only change is Instrument Spec (contract size) is not 100,000
or, the broker round trip is not $5


I think I have that right??

 

[Salvatore]

Yeah dude, apparently you have a lot of free time to write all these messages

But you're right, handsome!