NinjaTrader Review: An Advanced Futures Trading Platform

Trader + and Order Flow + and paid services that traders can upgrade to, but the core essentials are free for the lifetime of the account. If you’re curious how NinjaTrader fees look overall, the platform does offer an «all-in fee guide» that outlines futures commissions for each of its plans based on the type of futures being traded. NinjaTrader is a unique futures trading provider, centralizing all the tools and services needed for both new and experienced traders to enter the global futures markets. NinjaTrader delivers integrated multi-device trading using a cloud-based technology designed for active futures traders.

  1. NinjaTrader is an open-source system, much like the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platform.
  2. Generally speaking, the fees and commissions charged by NinjaTrader are relatively low which makes it a great match for active day traders.
  3. Like NinjaTrader, TradeStation offers tools and training options as well as simulated trading, backtesting based on historical data, and charting.
  4. Furthermore, the only way of using a web trading platform alongside the NinjaTrader desktop platform is to connect an existing third-party brokerage account such as Interactive Brokers or TD Ameritrade.

For example, NinjaTrader offers unlimited simulated futures trading, so newcomers can try out their strategies in real time and see how they do without putting their money on the line at first. These tools earn NinjaTrader a spot on our list of the best platforms for trading commodities. The platform also offers unlimited support and daily training options, as well as a 24-hour emergency trade desk. First, this is a charting and market analysis platform that connects to third-party brokerages and lets you use their data. Second, this is an online brokerage that directly supports derivatives trading (futures and options) and foreign exchange. Some online brokerage platforms are best for beginners, while others are more fitting for more advanced traders.

Is There A NinjaTrader App?

Take control of your trading journey and trade how you want, where you want. To open an account with NinjaTrader through a third-party broker simply head over to the NinjaTrader website and select the financial instrument you want to trade. For futures trading you can open a brokerage account with Dorman Trading or Phillip Capital. When you choose a license and open an account with NinjaTrader your assets and capital are held by third-party brokers such as Phillip Capital, Dorman Trading, TD Ameritrade, and Interactive Brokers. Additionally, if you have a, City Index, Oanda, or FXCM brokerage account you can connect it to the NinjaTrader platform. The main benefit of connecting other brokerage accounts with the NinjaTrader platform is that you can buy and sell other popular financial instruments such as stocks on the NinjaTrader trading platform.

It boasts easy-to-use trading and order management tools, advanced order types, dozens of indicators, and customizable charts styles and intervals. The platform supports all the usual order types, including market, limit, stop market, and stop-limit orders as well as advanced OCO (one cancels other) orders. If you’re interested in automated trading, NinjaTrader’s ATM Strategies provide discretionary traders with semi-automated features to manage their positions. Alternatively, you can fully automate a strategy using a «point and click» construction for non-programmers, or by using NinjaTrader’s C#-based trading framework.

EToro was established in 2007 and has rapidly grown to serve more than 20 million traders worldwide. This discount broker is regulated by top financial authorities including the FCA, ASIC, and CySEC. NinjaTrader, on the other hand, is not listed on a major exchange and therefore does not publish its financials.

Tools & Features

An award-winning product, it is a terrific fit for specialty traders, since it’s about the closest you’ll ever get to building your very own trading platform. For everyone else, however, this software offers too many features you don’t need and relatively few of the features you do. Both NinjaTrader and futures trading aren’t recommended if you’re an inexperienced investor. The NinjaTrader platform is designed with advanced users in mind and has a considerable learning curve.

This may be one of the most customizable trading programs on the market today. Not only can you select the broker that you want to do business with, but your options for building the software and its data sets are truly vast. NinjaTrader offers well over 100 individual technical indicators how to buy sell and trade aion in the us that you can either track individually or combine into tables and charts based on your own, personal trading strategy. There are dozens of chart types to choose from and, if that isn’t enough, you can use NinjaScript to create your indicators for the software to track.

NinjaTrader offer a huge range of help guides, video tutorials and webinars, both for beginners, and also for advanced traders looking to get the most out of the system. There is also well informed customer support team, and lively user support forum. Any gaps in knowledge can be rectified using any or all of the above educational tools. NinjaTrader is an independent software platform that holds a multi-broker license. The software is compatible with and supported by a range of online brokers globally.

NinjaTrader trading platform

NinjaTrader’s «sim trading» feature is an excellent tool for newer traders looking to gain experience in the order-entry arena, and the ecosystem is a valuable resource for finding indicators and strategies. The partial and full strategy automation features are useful additions to the platform, and it’s possible to work with a NinjaScript programmer to design your own technical indicators and strategies. Of course, you can do this on your own if you have experience coding and want to learn something new.

We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. To access premium features, traders will need to sign up to a funded account. The standard lease is available from $720 per year or a lifetime license is available at a one-time cost of  $1,099.

Powerful and Flexible Futures Trading Platform Options

The company has partnered with several supporting brokerages to give traders access to other markets, including options on futures, CFDs, and equities. NinjaTrader delivers integrated multi-device trading using technology designed for active futures traders, including our powerful futures trading platform. With customizable charts and other advanced tools and features, the NinjaTrader desktop platform is perfect for active traders. As far as the user experience for beginner traders is concerned this may be rather daunting and difficult for someone with little experience in online trading.

In terms of futures trading, TradeStation offers investments into traditional futures contracts as well as mini futures contracts. Like NinjaTrader, TradeStation offers tools and training options as well as simulated trading, backtesting based on historical data, and charting. TradeStation also lets you fund your account with any amount to get started with futures trading, although the company’s fee and margin rates vary. Besides advanced charting and market depth tools, there are limited resources for research or insights within the platform. As we have already noted, NinjaTrader is oriented toward a niche of investors focused on active futures and forex trading.

From that perspective, the NinjaTrader platform has all the tools and features it needs to be successful. The platform, indicators, and other features are customizable at a very granular level, which is important for active or professional traders. Again because NinjaTrader is primarily a futures and forex brokerage, financial statements, news, and economic data that you might find in other professional platforms are missing. While the technical data is comprehensive, you’ll have to use another resource for fundamental information if you need that type of analysis. NinjaTrader is a platform that facilitates this type of investing and aims to make it more affordable overall.

Furthermore, the only way of using a web trading platform alongside the NinjaTrader desktop platform is to connect an existing third-party brokerage account such as Interactive Brokers or TD Ameritrade. Other than delivering software, NinjaTrader is registered as a National Futures Association firm and an introducing broker. 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.


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