Offers 2FA and biometrics to protect customers’ accounts and information. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. Michael writes informative content with the goal of supporting readers to make better financial judgements. His work has been published on numerous high-profile websites that cover the intersection of markets, global news, and emerging tech such as TechRadar and Top10.com. Michael Graw is a freelance journalist who covers finance, trading, and technology.
Accounts for All Experience Levels
While it excels in futures trading, NinjaTrader does not offer specialized account types for different asset classes or managed accounts, which may be a drawback for some investors. Additionally, traders can customize their experience with thousands of third-party add-ons or develop their own tools, making it highly flexible. With 100+ available assets, the platform provides exposure to key global markets, allowing traders to speculate on price movements in commodities, crypto, and financial indices. Traders can access indices, energy, cryptocurrencies, metals, and treasuries, making it a versatile platform for those focused on futures markets. Regulated by the CFTC and NFA, it provides simulated trading, no deposit minimums, and mobile, desktop, and web access—ideal for both beginners and professionals seeking cost-effective futures trading.
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- We want the everyday person to get the kind of training in the stock market we would have wanted when we started out.
- The platform has attracted over 500,000 users and 600+ developers across 150+ countries.
- In 2018, the platform announced an integration with Coinbase to support cryptocurrency market data.
- NinjaTrader is a powerful derivatives trading platform specializing in futures, forex and options.
- NinjaTrader’s award-winning software caters to active traders seeking advanced technical analysis and charting options.
When it comes to customer services, you can contact the NinjaTrader customer support via telephone, Live Chat, email, and a support forum. NinjaTrader is lagging behind when it comes to payment methods, as the majority of brokers support payments via credit cards, debit cards, and e-wallets. In terms of the account opening process, this follows standard protocols including KYC policies and providing proof of ID and address, as well as other personal information and contact details. NinjaTrader offers three different licenses Free, Lease, and Lifetime and all have varying commissions, prices, and functions.
Granted, NinjaTrader isn’t the only program that allows backtesting strategies and automated trades. Once you learn technical analysis, you can leverage the power of the software to build a trading strategy. We were introduced to NinjaTrader through a course on trading system building, which involves a lot of backtesting. The “Order Flow +” and the “Trader +” premium features yield powerful benefits. Otherwise, it’s free to use if you’re already a client of their brokerage services.
Better futures start now.
The support were suck with their AI response and even human response is not gonna solve your a problem. Wishing you smooth trading ahead! NinjaTrader is consistently voted an industry leader by the trading community. I had a an unexpectedly wonderful experience speaking with Abigail D.
It works for all levels of stock trading, futures, and Forex. The full version must be purchased for real-time data and live equities trading for a data feed. A simulated data feed inside NinjaTrader allows us to set the market direction.
Data
However, these plans do not eliminate other fees and commissions the platform charges. For example, NinjaTrader’s micro index futures can be traded with margins as low as $50. This plan includes order flow and add-ons, potentially lowering additional trading fees. Users can even download the NinjaTrader app without setting up an account on the platform. You must also know the type of futures you want to trade and the order quantity for the number of contracts. All plans (including the free plan) include access to the platform’s desktop, web, and mobile interfaces.
How much does NinjaTrader cost per month?
The NinjaTrader platform provides a high-performance backtesting engine that allows users to test and verify futures trading strategies using historical data. NinjaTrader’s state-of-the-art trading platform has a variety of features available across three license levels that allow traders to select the best fit for their trading approach. The free version, which is included with all brokerage accounts is a great starting platform for new traders without the financial commitment. We put all of the tools available to traders to the test and give you first-hand experience in stock trading you won’t find elsewhere. That being said, our website is a great resource for traders or investors of all levels to learn about day trading stocks, futures, and options. The latest version (Version 8) delivers advanced trading features for discretionary traders and automated system builders.
- With low commissions ($0.09 per contract) and no deposit minimums, NinjaTrader provides an affordable entry into futures trading.
- Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
- Get started learning day trading, swing trading, options, or futures trading today!
- This isn’t made clear in the platform’s advertising materials or signup process.”
- A simulated data feed inside NinjaTrader allows us to set the market direction.
- It’s worth noting, however, that NinjaTrader’s simulated trading isn’t completely free, in practice — we were still prompted to purchase market data subscriptions when we tried to place paper trades.
You’re 100% responsible for any trades that you make. Investopedia will help you get acquainted with the markets if you’re Learning and practicing technical analysis is an important skill to learn while trading. Take courses, practice trading, and develop strategies before using real money.
Trading Strategy (Builder & Backtesting)
The free platform is sufficient for new traders with more advanced tools available as need such as semi-automated execution. NinjaTrader brokerage offers a basic range of asset classes with a focus on futures trading on the CME, CBOT, NYBOT and Eurex exchanges. When it comes to platform fees, the broker’s advanced platform and live data are available free of charge for use in a demo account.
Advanced Traders
We’re glad to hear Mauro provided helpful ninjatrader review and professional support. Hello there, thanks for taking the time to share your experience! All the best with your trading!
In this instance, your funds will be held by the third-party broker and NinjaTrader will be used for its desktop trading platform. When it comes to research tools and charting features NinjaTrader has a wide range of research and charting tools. You can gain exposure to the commodities, indices, and forex markets by investing in heaps of futures, E-Mini, and E-Micro futures contracts such as E-Mini NASDAQ 100 Futures, EUR/USD Futures, E-Micro EUR/USD Futures, and E-Mini Crude Oil Futures, just to mention a few. With a continuous flow of buyers and sellers in the futures markets, market orders can be executed swiftly. If the price of Microsoft stock rose by $10 the trader who invested $2,000 in a futures contract holding 100 MSFT stocks would make a profit of $1,000, compared to a $100 profit when investing in the actual stock itself. For instance, if a trader decides to invest $2,000 into Microsoft (MSFT) stock priced at $200, they can either purchase 10 stocks or a futures contract of 100 Microsoft stocks.
We are just as committed to our Support experience today as we have always been. Hi, there – thank you so much for reaching out and sharing your experience. I wish that I hadn’t invested in a lifetime license and written so much code on the platform that will be difficult to duplicate. All the product support staff is gone and been replaced by an unmonitored user forum. NinjaTrader had the best support in the industry.
Compare to Similar Brokers
As an NFA member, NinjaTrader follows stringent compliance guidelines that include maintaining sufficient capital reserves, segregating client funds and upholding fair trade execution policies. Traders who purchase a lifetime license also get the Order Flow feature set which comes with free platform upgrades for life. Day trading margins of $500 for ES, NQ and YM contracts and $400 for GC and CL contracts are also very low. No minimum initial deposit is required to fund a new account and commissions go as low as $.09 per Micro contract with a Lifetime license.
A live data purchase/lease is required if you use another broker. As a result, you can test how your ideas would perform in a specific market environment. Whether you’re a creative technical analysis trader/developer or a beginner trader, NinjaTrader has something for everyone. You can use it to develop indicators and even build trading apps.
The platform’s free plan gives you access to basic trading features, or you can pay for the more costly plans to unlock advanced features and reduced commission rates. NinjaTrader supports both standard-sized and micro futures contracts, making futures trading more accessible for those with smaller trading balances. NinjaTrade’s standout advanced charting features include its simulated trading tools, live market streams, and leveraged analytical tools. Whether troubleshooting technical issues or seeking guidance on platform features, traders can expect responsive and knowledgeable support. For those looking to enhance their platform knowledge, NinjaTrader’s Learn portal offers tutorials and guides to help traders navigate its tools efficiently. Additionally, its award-winning trading platforms come with built-in analytical tools to support data-driven decision-making.
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