Support is available via email or phone, and technical support is even available via email on weekends. This allows for a very realistic trading experience using real market data and can help you get familiar with the trading tools on the platform. But if you want to simulate market data, you can control where it goes as well, playing out different trading scenarios to practice on. While NinjaTrader can’t do it all, they partner with over a dozen trusted broker and data companies to bring you the most up-to-date information and trade execution services. You can connect to your favorite market data source to have access to professional real-time and historic data.
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. Despite offering a simulated trading environment, NinjaTrader isn’t very beginner-friendly. The mobile app interface is difficult to navigate if you’re a newcomer to futures trading. Plus, almost every contract requires market data subscriptions (which cost money) to be tradable, even for simulated trades.
Day trading margins for popular futures such as the S&P 500 emini are $500. We’re sorry to hear that there was confusion regarding what is included in the purchase you made. I see that you have been working with our support team, and that they have processed a refund for you. One of the best back testing software around, create any indicator you can think of, (Coding in Pine Script is Easier – But extremely limiting).
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It charges an outgoing ACAT transfer fee of $50, which is on the lower end among brokers we review. Web, mobile and desktop platforms are information-rich and oriented toward advanced traders. It generally costs $30 and $40 for international bank transfers. Aside from bank transfers, US residents can also make a withdrawal by using checks.
Setting Up the Platform
This leaves users with no one to turn to for assistance during other crucial market hours, like the European session. With five years of experience across numerous trading platforms, I can unequivocally state that this one is the worst I’ve ever encountered. NinjaTrader is consistently voted an industry leader by the trading community. Through a unique combination of high-performance trading software, discount brokerage and real-time support, we empower traders to enter the futures markets. In addition to its powerful desktop platform, NinjaTrader offers a mobile app with trading features and a built-in newsfeed.
- The support team is NOT supportive and they cannot even determine why I cannot connect to the new user forum!!
- The unlimited use of its free platform is a great way to get acclimated to NinjaTrader before deciding to trade live.
- Traders can access educational tools through the NinjaTrader Learn portal, which includes tutorials, guides, and platform walkthroughs.
- I have tried to do so much reaching to reps via live chat, and it was beyond dreadful to receive so many unhelpful repetitive scripted answers.
Deposit and Withdrawals
- Futures on tastytrade cost $1.25 per contract per side, and micro futures cost $0.85 per contract per side.
- NinjaTrader is a cost-effective and feature-rich platform designed specifically for futures traders.
- NinjaTrader is a powerful and feature-rich trading platform designed for futures and forex traders.
- NinjaTrader charges a $0.09 commission per contract and a $0.15 clearing fee per contract, making it one of the most cost-effective futures brokers.
- NinjaTrader’s commitment to providing low commissions and competitive margins has solidified its reputation as a cost-effective solution for traders.
- For example, if you added your phone number or email address, the broker might send a verification code to your phone.
Any downtime (scheduled or otherwise) will be reported on the Support forum. If you do have issues with connecting, or the system not starting, be sure to check it for updates. Simply head over to their website and select Trade Futures or Trade FX. Then scroll down and enter your basic personal information including an email address and your location. You will then receive an email with your login details and information on how to download their platform (if you haven’t already done so). However, this will depend on which package subscription you opt for.
Better futures start now.
The interface is user-friendly and all trading is encompassed in either the demo or live trading accounts. The minimum deposit for opening an account with NinjaTrader is $400. Additionally, there are three different licenses to choose from with varying account fees and commissions. 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.
With robust regulatory backing and a commitment to fund security, NinjaTrader offers traders peace of mind, making it a reliable choice for futures trading. Traders can quickly access fully automated services through the ‘point and click’ construction which is suitable for non-programmers. Alternatively, the C# ninjatrader review based trading framework is available for more experienced investors.
Regulated & Secure Futures Trading
Second, this is an online brokerage that directly supports derivatives trading (futures and options) and foreign exchange. Yes, if you are looking for a completely customizable trading program that offers low-cost futures trading, NinjaTrader is worth it. And while the free plan gives you some access to the platform, you won’t have access to the advanced market data, wide range of order types, and ability to customize your trading experience. NinjaTrader is a trading software company that is based in the US and offers a top-rated online trading platform with sophisticated research tools. NinjaTrader users benefit from being able to connect their brokerage accounts to NinjaTrader platforms.
The account is suitable for U.S. traders and provides access to low-cost futures trading with commissions starting at just $0.09 per contract. Additionally, traders can customize their experience with thousands of third-party add-ons or develop their own tools, making it highly flexible. If you are looking for powerful software and advanced market data, the platform is worth considering. Clients will have access to an active community, a broad range of educational resources and flexible options for customization.
As a user of JUST the desktop app, it seems NT is not interested in supporting the program, First, out of the blue, they decided not to support the IB gateway. This, of course was explained-away as valid…Although I have a lifetime license, I am tired of wasting time with NT and have uninstalled it. The support team is NOT supportive and they cannot even determine why I cannot connect to the new user forum!! No follow ups, no helping me on getting my Lifetime Multibroker license plan, that I purchased $1499 before the 8.1 update, to show up on the Ninjatrader Dashboard. I have tried to do so much reaching to reps via live chat, and it was beyond dreadful to receive so many unhelpful repetitive scripted answers. I understand your frustration and regret that your experience with the platform has not met your expectations.
Step 2: Choose an Account Type
It is a great trading platform, as users can easily sign up for a trading account here. For instance, they can trade on this software by paying a very low fee. Several trading platforms believe in charging high fees to traders. Thus, trading becomes more hassle than convenience for a trader.