Indicators and drawing tools are abundant, with multiple chart styles available for technical analysis visualization. Aside from being hands-free, automated trading can greatly reduce the stress of day trading. If one day you decide to join the Algo trading revolution, there is a great likelihood that you will start by using a program like NinjaTrader.

NinjaTrader Review: Pros & Cons

To access premium features, traders will need to buy a license. The trading platform offers an innovative market replay function which is useful for backtesting. As a brokerage, NinjaTrader also offers access to a range of asset classes including futures, forex, and stocks. NinjaTrader’s award-winning software caters to active traders seeking advanced technical analysis and charting options.

NinjaTrader’s Customer Support

These products offer the best value and outcomes considering various product features, terms, conditions and price. It also offers two paid plans — one for $99 per month and a lifetime plan for a $1,499 one-time payment. NinjaTrader offers a free plan, a $99-per-month plan and a lifetime plan for a $1,499 one-time payment. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. Finder is not an advisor or brokerage service. If a brand is a referral partner, we’re paid when you click or tap through to, open an account with or provide your contact information to the provider.

It’s been around for many years, and over 1 million traders and brokerage firms use it. That said, NinjaTrader offers resources for beginners, such as educational materials, webinars and a simulated account to practice trading without risking real money. Compare similar platforms by available asset types, trade fees and minimum deposit requirements.

With its free plan, trade standard futures for $1.29 per side and micro futures for 35 cents per side. Ninjatrader charges some of the lowest futures commissions among brokers. The interface is user-friendly and all trading is encompassed in either the demo or live trading accounts. In conclusion, during our research we found eToro to be a better overall option for beginner traders. EToro was established in 2007 and has rapidly grown to serve more than 20 million traders worldwide.

Exclusively offers futures trading

With robust regulatory backing and a commitment to fund security, NinjaTrader offers traders peace of mind, making it a reliable choice for futures trading. The brand offers a sophisticated trading platform with multiple charts and a range of features including market data services. Charles Schwab doesn’t charge for live market data for futures trading, except for quotes from the ICE exchange. NinjaTrader ninjatrader review offers competitive futures trading fees and low margins compared to most brokers. For futures trading you can open a brokerage account with Dorman Trading or Phillip Capital.

Customer service response time is horrible

• Similar to NinjaTrader, tastytrade is a robust day-trading platform for experienced futures traderes to access a suite of technical analysis tools and charting research.
• Their futures trading platform is the ideal destination for those both active and new, with unlimited free use for advanced charting, market analysis and simulation trading.
• Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.

Tell you the TRUTH about how the market works. But we also like to teach you what’s beneath the Foundation of the stock market. In our stock trading community, you’re going to get it all. We know that you’ll walk away from a stronger, more confident, and street-wise trader.

Phone and email support available 24/5 (whenever futures markets are open). Additional market data subscriptions (starting at $48/year) required to trade most contracts. Plus, almost every contract requires market data subscriptions (which cost money) to be tradable, even for simulated trades.

Inactivity Fee

NinjaTrader is a futures trading platform offering advanced charting and market analysis features through different plan options. For those seeking a cost-effective futures trading experience, NinjaTrader combines education, advanced tools, and simulated trading to help traders succeed. NinjaTrader offers experienced futures traders more than 100 trading products, low commissions, good customer support and a powerful trading platform.

Unique Features

NinjaTrader can be a good option for beginners as it comes with low trading fees and low account fees. NinjaTrader’s low commissions and fees, free tools and an active community forum will work to any trader’s advantage. For critical trade issues, NinjaTrader provides direct phone support for brokerage clients. Through CFTC’s supervision, traders using NinjaTrader benefit from a secure trading environment backed by transparent operations and regulatory enforcement.

Cost

Get started learning day trading, swing trading, options, or futures trading today! Using wizards that don’t require knowledge of coding and programming, you can experiment and test various futures trading strategies and automate your trades. NinjaTrader bought Tradovate, and as a result, it’s becoming the best platform for futures trading.

• Regulated by the CFTC and NFA, NinjaTrader also provides strong compliance measures, making it a secure and competitive choice in the futures brokerage space.
• NinjaTrader can be reached by email, phone and an online support form for customer service.
• The demo account is a good opportunity to familiarize yourself with the NinjaTrader brokerage platform, risk-free.
• NinjaTrader are monitoring demand for a Mac version of the platform, and one may be developed, but as yet, there are no plans to do so.
• Trading futures contracts involves using margin which is a portion of the sum amount (usually 10% of the futures contract price).

Thanks for taking the time to share your experience. Hello there — we’re happy to hear our team has been dependable and helpful whenever you’ve needed support. Wishing you the best in the markets ahead! Thanks for sharing your insights and for being part of our trading community. Start with sim account before going live.

TradeStation

If you’ve looked for trading education elsewhere then you’ll notice that it can be very costly. Click Here to try our trading community free for 7 days. To give you a hand up along your trading journey. Feel free to ask questions of other members of our trading community. We are much more than just a place to learn how to trade stocks. We will help to challenge your ideas, skills, and perceptions of the stock market.

It’s designed for more experienced traders looking for sophisticated analysis, charting and automation tools. NinjaTrader is a powerful trading platform with advanced features and functionality that may be overwhelming for beginners. Customers appreciate the level and quality of service and the platform’s advanced features, user-friendly interface and extensive customization options. Yes, NinjaTrader is a legitimate futures trading platform and futures broker. Being a futures trading platform exclusively, you won’t find other tradable assets. With NinjaTrader’s free futures trading simulator, you can test new trading ideas and access unlimited simulated trading.

All the best and smooth trading ahead! Timeliness of response time from customer support after you deal with a bot answering questions in a circular manner is horrible. Try using Their own Platform or connect with TradingView or you will lost your prop accounts. Dont use this platform with any prop firm. Ninjatrader is full of bugs and runs very slow. My life ruin because of this shit prop firm trading app.

In addition to the commission charged by NinjaTrader you will incur separate fees such as exchange & NFA, and order routing fees. Options on futures contracts offer the right, as opposed to the obligation, to either purchase or sell an underlying futures contract at a predetermined price at or before a set expiration date. Future contracts gather a large trading volume daily which leads to high levels of liquidity. Therefore, potential profits can multiply if the market moves in the direction of the position they have taken. Trading futures contracts involves using margin which is a portion of the sum amount (usually 10% of the futures contract price). Futures are popular amongst the trading community because they are effective in managing risk and hedging against potential losses.

When you open the NinjaTrader mobile app, you’re asked to choose between “live trading” and “simulated trading.” The latter is a full-featured paper trading version of NinjaTrader’s platform. If you do not close a position before the end of regular trading hours (typically 3 p.m. Eastern time, as most futures exchanges are in Chicago), the margin requirement will increase to the overnight level, which is typically higher. NinjaTrader offers multiple account tiers with different commission structures.