Calculating the commission before opening a Position

Created at 15 Feb 2019, 00:48
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SH

Shares4UsDevelopment

Joined 14.10.2018

Calculating the commission before opening a Position
15 Feb 2019, 00:48


Can someone explain me how cTrader calculates the commission amount.
I tried to ge a grip on it but did not succeed.
Running an USD account buying 200k EURUSD

Why does cTrader calculates 11.32 whilst imho is should be 11.55???

.


@Shares4UsDevelopment
Replies

PanagiotisCharalampous
15 Feb 2019, 09:27

Hi Ton,

Can you please explain where did you find these numbers so that we can reproduce?

Best Regards,

Panagiotis


@PanagiotisCharalampous

Shares4UsDevelopment
15 Feb 2019, 11:22

RE:

Panagiotis Charalampous said:

Hi Ton,

Can you please explain where did you find these numbers so that we can reproduce?

Best Regards,

Panagiotis

found them on a backtest on EURUSD
ask,bid,Qtty and profit
put them in an excell and there I couldn'n make it match.

But if you can share the formula you use to calculate the profit i'd be able to correct my algo.

 


@Shares4UsDevelopment

PanagiotisCharalampous
15 Feb 2019, 11:43

Hi Ton,

There is a known issue in backtesting and this is that the conversion rates considered are the ones at the start date of the backtesting and not the ones at the entry time of the position. Maybe this is why you are getting this discrepancy. The product team is aware of this and they are considering solutions but I cannot commit to when we will have it.

Best Regards,

Panagiotis


@PanagiotisCharalampous

Shares4UsDevelopment
15 Feb 2019, 11:47

OK i can deal wit that. I can see when backtesting starts.
two questions:
1.Does that also go for optimization?
2.IS the way of calculation I used correct ? or better share the formula for commission calculation.
Best rgds,
ton


@Shares4UsDevelopment

PanagiotisCharalampous
15 Feb 2019, 12:01

Hi Ton,

Send me an email at community@spotware.com and I will send you an excel sheet with an example

Best Regards,

Panagiotis


@PanagiotisCharalampous