NinjaTrader Review

what is ninja trader

ACH deposits, incoming checks, and income wire transfers are all free. BBB ratings typically range from A+ to F and reflect the bureau’s opinions of a company’s customer complaint history, business practices, and advertising and licensing information. One of the best back testing software around, create any indicator you can think of, (Coding in Pine Script is Easier – But extremely limiting). Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Compare the markets and instruments offered by NinjaTrader and its competitors.

  1. Plans range from a $0 monthly fee, to $99 per month, to a one-time payment of $1,499.
  2. As one of the best commodity trading apps, NinjaTrader is best suited for seasoned investors who can use its robust trading tools and features.
  3. Investors can choose from the platform’s free plan to access basic trading features or pay into the more costly plans to unlock advanced features and reduced commission rates.
  4. Users also have extensive data feeds, indicator lists, intelligent programming capabilities, plus a reliable support forum.
  5. For advanced futures traders looking for a platform that has it all, NinjaTrader is an excellent choice.

Full NinjaTrader review

Users can even download the NinjaTrader app without setting up an account on the platform, which gives them a chance to try out the app functions and see what’s available before they start trading. NinjaTrader features a wide range of technical analysis functions that can be useful for those starting out with demo trading — especially if you want to learn how to trade futures. Day traders are well catered for with a wide range of tools and features on offer. 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. Fortunately, NinjaTrader does provide a How to buy busd suite of resources to help you get the most out of the terminal, from daily webinars to training videos, a blog, and help guides.

what is ninja trader

Users have complained about a clunky, frustrating user interface, as well as having difficulty placing trades and reviewing charts. You may be better off sticking with the web and desktop platforms, which get much higher marks from investors. It’s not a typical stock broker where you can buy and sell individual stocks, exchange-traded funds (ETFs), and other types of investments. Although it’s an excellent futures broker, it’s more limited than many competitors. There are plenty of brokers that offer futures trading and stock trading. NinjaTrader offers a different plan for experienced traders, beginners, and more.

Buying mutual funds and ETFs with 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. Topics include connecting to data, one-click order entry, how to set up a workspace, basic chart creation, advanced settings, and strategy automation. Bonus offers subject to terms and conditions, visit robinhood.com/hoodweek for more information. Robinhood Gold is offered through Robinhood Gold LLC and is a subscription offering services for a fee.

NinjaTrader commissions

It’s possible to trade traditional futures with NinjaTrader, but you can also trade in micro futures, a smaller version of axi review the same futures contracts. This makes it possible to start futures trading with lower upfront costs. 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.

To submit a support request, visit the Contact Us page on the NinjaTrader website. Live chat is available through the official website on weekdays only. However, this will depend on which package subscription you opt for. Day trading margins for popular futures such as the S&P 500 emini are $500. The forex trading manual NinjaTrader 8 release was highly anticipated and has not disappointed. The 8 system requirements remain similar to that for the 7, so if you have one you should be able to migrate to the other without too much hassle.

NinjaTrader Fees

However, novice futures traders can also benefit from a NinjaTrader account to access unlimited simulated futures trading. Newcomers can try their strategies in real-time and see how they do without losing money. Free customizable futures trading charts, simulated trading, live market streams, market trackers, and leveraged analytical tools are just some of the advanced charting tools in NinjaTrader. The platform also offers micro futures and E-minis, which makes it possible for folks just to get started with futures trading to access these investments at a lower cost. NinjaTrader is an online futures trading platform for experienced investors to trade traditional and alternative futures contracts with low commissions.

Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. NinjaTrader provides 24/5 and weekend technical support, along with a 24-hour trade desk for emergencies and live orders.

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