NinjaTrader Review

There is no mobile trading platform and the desktop platform is available only on Windows. The product portfolio covers only futures and options on futures, unless you connect an external brokerage account, such as an account with Interactive Brokers. NinjaTrader is consistently voted an industry leader by the trading community. Through a unique combination of high-performance trading software, discount brokerage & real-time support, we empowexcriticals to enter the futures markets.

Order-cancels-order functionality that provides a great way to manage multiple trading strategies at one time. When one order is filled at market, the other is instantly cancelled. Link strategies to indicators for automated order execution via user-interface—no programming required. Trade automation has become a popular way of engaging the market these days, and NinjaTrader furnishes a multitude of options for fully automated trade execution.

  • The introducing broker status means that your assets and cash are held with a broker, like Phillip Capital, but the platform, fees and customer support are provided by NinjaTrader.
  • After selecting Philip Capital, we were redirected to Phillip Capital’s account opening process.
  • The content and opinions expressed on this website are those of the authors and do not necessarily reflect the official policy or position of NT or any of its affiliates.

While the standard functionalities are indeed very solidly implemented, NinjaTrader can only develop its full power with the programming of individual trading strategies. As you know, I am a friend of automation and structured processes. This NinjaTrader review tells you more about my experiences and provides an overview of the key functionalities and features. The Asset Management Derivatives Forum brings together market participants to examine developments impacting the use of derivatives by asset managers. The Law & Compliance Conference – L&C – provides a forum to learn and discuss the legal and regulatory issues impacting the cleared derivatives industry. Developed by industry professionals, FIA Training helps market participants better understand the way markets work and the rules that protect them.

NinjaTrader’s Commission and Fees

Consider working with a financial advisor as you sort through the many online investing platforms to find one that fits your skills and goals. Remove something if you want to add this account to the comparison. At BrokerChooser, we consider clarity and transparency as core values. BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you .

Look no further than our evaluation of the NinjaTrader account opening. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises. The relevancy of the answers was satisfactory, however, there were some questions they couldn’t answer and asked us to https://xcritical.solutions/ write an e-mail. Using the ‘Trade Performance’ window, you can see your net profit or the commissions you paid. We also liked that the platform will calculate Sharpe ratio, Sortino ratio and the Ulcer index, among many others. You can set the credentials, if you click on ‘Connections’ and select ‘Configure’.

  • Live chat help is available on weekdays on the NinjaTrader website, and the response times were reasonable.
  • NinjaTrader’s award-winningtrading softwareis consistently voted an industry leader by the trading community.
  • Trade Micro futures with NinjaTrader to access the world’s most popular markets for less including Micro E-minis, Micro Crude Oil, Micro Bitcoin & Nano Bitcoin.
  • The bank withdrawals costs $30, and an international bank transfer costs $/€ 40.
  • The new backtest engine is a real advance compared to the speed of the old NinjaTrader 7 version.

NT is an affiliated company to NinjaTrader Brokerage which is an NFA registered introducing broker (NFA # ) providing brokerage services to traders of futures and foreign exchange products. This website is intended for educational and informational purposes only and should not be viewed as a solicitation or recommendation of any product, service or trading strategy. Specific questions related to a brokerage account should be sent to your broker directly. The content and opinions expressed on this website are those of the authors and do not necessarily reflect the official policy or position of NT or any of its affiliates.

Is NinjaTrader regulated?

We are sorry that you haven’t received assistance as quickly as you had hoped. I have passed your information along to our platform support team and they are reaching out to assist you today. Thank you for your patience and we appreciate you as a customer. The forex market is a hypercompetitive atmosphere that’s capable of changing directions in an instant. Stay on top of it with NinjaTrader, which offers users a professional-grade charting package and a practical way of creating a personalised visual experience.

xcritical

The minimum account deposit starts at $400, and margin for micros is at $50 per contract and for E-Mini at $500 per contract. Order execution speed of futures contracts is usually fast since the futures market is highly liquid and independently from the platform used. You don’t have to learn C# for developing trading strategies. You can connect the best brokerage Interactive Brokers, which provides exceptionally low-cost trading for stocks and futures.

From its website, you can use the keyword search and filters to scan hundreds of custom tools and trading indicators built to work with NinjaTrader. NinjaTrader has its flagship advanced trading platform for Windows-based desktop computers. Other third-party platforms are supported and available by request.

Phillip Capital is a global broker, regulated by top-tier financial authorities such as the US Commodity Futures Trading Commission and the UK’s Financial Conduct Authority . Besides providing the software, NinjaTrader is a registered NFA company and an introducing broker of brokers like Phillip Capital and Dorman Trading. The introducing broker status means that your assets and cash are held with a broker, like Phillip Capital, but the platform, fees and customer support are provided by NinjaTrader. The platform is robust with lots of tools and resources, and it takes some time to learn how to use all the features. Fortunately, NinjaTrader hosts free weekly webinars to help you get started.

A fully automated trading strategy can be developed and designed by inexperienced traders via point and click with comparatively little effort. Download NinjaTrader’s award-winning trading platform & get started with a free demo powered by real-time market data. We strive to have excellent customer service with quick response times.

Integrated directly into the FX Board, Advanced Trade Management strategies eliminate emotion through the use of pre-configured rules and conditions. Automatically submit stop loss and profit target orders in milliseconds while managing trade exits. All you need to know about the NinjaTrader customer service. NinjaTrader’s asset classes and the individual assets within each asset class lag behind other brokers. However, your intermediary bank might charge a fee, if you make an international bank transfer. The opening of a NinjaTrader account via PhilipCapital is fully digital and straightforward.

At the same time, NinjaTrader simply doesn’t support the assets that most investors will want to purchase. The platform’s brokerage only supports derivatives and forex trading. Investors who want to buy stocks will have to look elsewhere, and the software has no native support for mutual funds or bonds at all. This means that even if you did use NinjaTrader , you would also need to use a different platform to buy the funds and equities that fill out most investors’ portfolios. In what may be one of the more clever details among trading platforms, NinjaTrader even allows you to trade directly from within your charts and tables. The program also supports automated and algorithmic trading.

dxFeed for NinjaTrader

Finally, investors can use NinjaTrader to simulate trading (“paper trading”) for free. This allows you to learn and use the system, with data provided by NinjaTrader. xcritical cheating The latter can be done from within NinjaTrader’s user interface. Algorithmic trading requires knowledge of the software’s C# coding language.

xcritical

NinjaTrader’s Advanced Alerts can help accomplish this task with an array of time-saving features. When it comes to order entry, success is driven by speed and flexibility. NinjaTrader provides traders with a multi-faceted assembly for lightning-quick order execution.. FXCM is a leading provider of online foreign exchange trading, CFD trading and related services.

Deposit fees and options

You have to answer a few questions about your financial and employment situation. There is a $25 monthly inactivity fee,if you log in to the platform, but don’t place any round trade . Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.

  • NinjaTrader can be reached byemail, phone and an online support formfor customer service.
  • You can only deposit money from accounts that are in your name.
  • This can come in the form of a flat fee or what’s known asthe “spread.”This is when your broker charges you based on the difference, if any, between the buying and the selling price of an asset.

This strategy and backtest friendly indicator enables users to easily analyze years of historical data and adjust parameters dynamically from both the menu and chart. Develop fresh automated trading strategies and fine-tune your market analysis with no risk. Point-and-click strategy building allows traders without a programming background to design, test and employ new automated strategies in the live market. No matter what kind of trading platform you use, the important thing is how you pursue your overall financial strategy. That’s where a financial advisor can provide crucial insight and guidance. Third-party trading on NinjaTrader requires either licensing or buying the software.

Because you can ultimately create fully automated trading systems, they trade up and down the markets for you according to your specifications. FIA’s digital news service offers timely intelligence on business, technology and regulatory trends affecting the cleared derivatives industry around the world. Dynamic Volume Profile is an optimized indicator which represents market profile with live and historical volume data.

Our platform is always free to use for advanced charting, backtesting & trade simulation. The NinjaTrader brokerage supports futures, options on futures, and forex trading. If you want to trade equities on the NinjaTrader platform, you can go through one of NinjaTrader’s supporting brokers, including Interactive Brokers and TD Ameritrade. You can sign up for a NinjaTrader brokerage account, or one of its partner brokers, on the NinjaTrader website.

We use over 50,000 data points and a consistent, fact-based methodology. Commission and margin requirements are among the lowest in the industry. A $1,000 minimum initial deposit is required to fund a new account and commissions go as low as $.09 per Micro contract with a Lifetime license. Day trading margins of $500 for ES, NQ and YM contracts, and $400 for GC and CL contracts are also very low.

Once trading systems are connected via the NinjaTrader API with a brokerage account, additional fees need to be paid. You can also connect your best brokerage account to NinjaTrader using the real-time data feed of your broker. If you want to use NinjaTrader combined with a broker, you should make sure that you choose a compatible broker when comparing brokers. The new backtest engine is a real advance compared to the speed of the old NinjaTrader 7 version. Hundreds of trading instruments can be analyzed in real time, alarms can be defined, and the new FX Board also offers modern concepts for forex trading. There are outstanding possibilities of individual visualization and even the opportunity to trade directly from the chart .