NinjaTrader Review

Since it’s only designed for futures trading, you’ll need to use a different broker for any other types of investments. NinjaTraders is a competitively-priced trading platform offering multiple pricing plans catered to different styles and budgets. Investors can choose from the platform’s free plan to access basic trading features or pay into the atlantic city international airport more costly plans to unlock advanced features and reduced commission rates. NinjaTrader is transparent about its fees, but there is much to keep track of.

NinjaTrader Frequently Asked Questions (FAQs)

Our broker ratings are also informed by the experience of our researchers during the evaluation process. The brand offers a sophisticated trading platform with multiple charts and a range of features including market data services. Thousands of third-party apps, as well as add-ons, allow for customization, fast order execution, and advanced market analysis. The NinjaTrader platform is ideal for active traders who want lots of technical analysis tools. This website is designed solely for platform-related and educational purposes, providing non-regulated services. It should not be interpreted as a solicitation or recommendation of any product, service or trading strategy.

The platform caters to online traders across asset classes and global markets. Costs are reasonable and there are free indicators and resource options available. NinjaTrader offers great-looking charts with excellent customization and functionality. The platform and brokerage are both geared toward active futures and forex traders who need a solid technical analysis platform. NinjaTrader brokerage clients can use the companion CQG mobile app, available for both iOS and Android. While the app doesn’t use the NinjaTrader platform, it offers an intuitive interface with real-time quotes, charts, and analytics.

1. We unpack the range of features on offer as well as indicators, charts and demo accounts, plus compatibility with top brokers including NinjaTrader Brokerage.
2. This makes it possible to start futures trading with lower upfront costs.
3. There is also an active user community you can turn to for additional support.
4. Novice future traders can also use the platform’s simulated trading features and backtesting to test strategies.
5. If you’re looking for an affordable place to start futures trading, NinjaTrader doesn’t have any minimum deposit requirements.
6. If you do have issues with connecting, or the system not starting, be sure to check it for updates.

It boasts easy-to-use trading and order management tools, advanced order types, dozens of indicators, and customizable charts styles and intervals. NT is an affiliated company of NinjaTrader Clearing, LLC, an CFTC registered Futures Commission Merchant (NFA # ) providing brokerage services to futures traders. A leading futures broker with all the tools you need for technical analysis, charting price movements, and placing trades.

How Much Does NinjaTrader Cost?

NinjaTrader is an open-source system, much like the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platform. The difference is that whilst MT4 attracts mainly forex day traders, NinjaTrader is also popular amongst futures traders. The NinjaTrader platform is geared toward active traders—not long-term investors. As a result, it doesn’t offer any portfolio analysis tools or reports that would help buy-and-hold investors make decisions about asset allocation or specific holdings. If you need access to more instruments, you can opt for the CME bundle, which Virtual reality stocks includes CME, CBOT, NYMEX, and COMEX, for $30 per month. But if you want to trade anything other than futures, consider a different investment platform than NinjaTrader, such as one of the best online brokerages.

This gives you, the investor, the choice on where you execute your trades. The core essentials NinjaTrader software package is available free of charge. This is the platform’s most basic offering and covers only the key features needed for live trading. For live brokerage accounts, NinjaTrader uses CGC Continuum as its primary data provider. Traders can quickly access fully automated services through the ‘point and click’ construction which is suitable for non-programmers. Alternatively, the C# based trading framework is available for more experienced investors.

Trading Technology

As a brokerage, NinjaTrader best forex trading tips for beginners also offers access to a range of asset classes including futures, forex, and stocks. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.

Mobile and Emerging Tech

The terminal allows automatization of trading strategies in NinjaScript as well as third party applications. And importantly, advancements in machine learning have opened up a whole new world of automated trading. NinjaTrader supports partial and fully automated trading strategies. 1000+ unique automated strategies are available through the platform, covering a range of trading styles. All the usual order types are supported and automated trading is available through NinjaTrader’s ATM Strategies or the C#-based trading framework.

Specific questions regarding brokerage accounts should be directed to your broker. The content and opinions expressed on this website are those of the individual authors and do not necessarily reflect the official policy or position of NT or its affiliates. Moreover, the platform hosts training sessions and workshops for beginners and experienced futures traders.