NinjaTrader Review September 2022 Everything you need to know!

An application programming interface, or API, is a “go-between” that enables a software program to interact with other software. Autotrading is a trading plan based on buy and sell orders that are automatically placed based on an underlying system or program. I will provide you an update on your vote once the development team has been able to process your request. Windows Server 2016 license is included with all subscriptions, allowing the installation of any Windows based software.

Furthermore, you can also submit questions or request and receive a fast response from the support team in a matter of minutes. You can also set up alerts and notifications on the desktop platform such as new intraday high alerts and price alerts. Future contracts gather a large trading volume daily which leads to high levels of liquidity.

NinjaTrader has its flagship advanced trading platform for Windows-based desktop computers. Other third-party platforms are supported and available by request. If you are a Mac user, you can run the software using a multi-boot utility like Apple Boot Camp. NinjaTrader’s state-of-the-art trading platform has a variety of featuresavailable across three license levels that allow traders to select the best fit for their trading approach.

Please note these services are not a brokerage account and if you are looking to open a brokerage account you will need to reach out directly to a brokerage provider. High-performance, reliable servers, for professional and retail traders. Leave your trading software running 24/7 without turning on your computer and avoid connection problems. NinjaTrader brokerage offers a basic range of asset classes with a focus on futures trading on the CME, CBOT, NYBOT and Eurex exchanges. Active and new, with unlimited free use for advanced charting, market analysis, and simulation trading.

Launched in 2003, NinjaTrader is a software business based in the United States that offers a top-rated trading platform with a wide range of research tools. It’s better than most brokers that give access to futures markets, but lag behind Interactive Brokers or Saxo Bank.

Have any questions? Get in touch

As a result, if you want to trade using your mobile device you will need to connect your existing brokerage account to use it in conjunction with the NinjaTrader desktop platform. When it comes to research tools and charting features NinjaTrader has a wide range of research and charting tools. The charts are user-friendly and offer tons of technical indicators such as Bollinger Bands and Fibonacci Extensions. Furthermore, NinjaTrader clients have access to automated trading tools such as Bloodhound xcritical cheating that offers visual feedback on your trading charts conveying trading signals. The most striking thing about NinjaTrader is that it only offers a desktop trading platform that is only compatible with Windows operating systems. As a brokerage, NinjaTrader offers access to the futures and forex markets. The company has partnered with several supporting brokerages, including Interactive Brokers and TD Ameritrade, to give traders access to other markets, including options on futures, CFDs, and equities.

Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment.

The platform and brokerage are both geared toward active futures and forex traders who need a solid technical analysis platform. The NinjaTrader brokerage supports futures, options on futures, and forex trading. If you want to trade equities on the NinjaTrader platform, you can go through one of NinjaTrader’s supporting brokers, including Interactive Brokers and TD Ameritrade. You can sign up for a NinjaTrader brokerage account, or one of its partner brokers, on the NinjaTrader website. NinjaTrader brokerage clients can use the companion CQG mobile app, available for both iOS and Android.

What is the minimum deposit at NinjaTrader?

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.

Is NinjaTrader legit features all the key aspects you need to look at to see if a broker is safe and legit. All you need to know about the NinjaTrader customer service. Look no further than our evaluation of the NinjaTrader account opening. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises. We also liked that it’s easy to backtest these strategies. You can set the credentials, if you click on ‘Connections’ and select ‘Configure’. For more information, see the developer’s privacy policy.

This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace. Have you been looking on the iStore or Google Play for a NinjaTrader 8 mobile app? You won’t be able to find one as there isn’t an app for NinjaTrader. We’ll express our opinion on why NinjaTrader should not have an app. If not, please feel free to review the applications that emuns has kindly mentioned for reference.

Ninja MobileTrader VPS

NinjaTrader was first launched in 2003 and is registered with the National Futures Association, and as a result is permitted to provide introducing broker services for other brokers. There are three separate licenses you can choose from with NinjaTrader including Free, Lease, and Lifestyle. The NinjaTrader platform is perfect for active and experienced traders who are looking to use advanced charting tools and features. NinjaTrader only supports futures and options on futures trading. To trade other popular assets such as stocks or forex, you will need to connect an existing brokerage account to NinjaTrader.

However, they have a blog, where they post short articles that cover a variety of topics that traders might be interested in. We also liked that it was really easy to add the editor tools and technical indicators to the chart. The bank withdrawals https://xcritical.pro/ costs $30, and an international bank transfer costs $/€ 40. There is a $25 monthly inactivity fee,if you log in to the platform, but don’t place any round trade . The commission, exchange, and order routing fees are the same as futures fees.

NinjaTrader is specialized in providing a trading platform for active traders. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee. We also compared NinjaTrader’s fees with those of two similar brokers we selected, Interactive Brokers and Saxo Bank. This selection is based on objective factors, such as products offered, client profile, fee structure, etc. If you don’t yet have access to your app live account but would like to check out it’s features and functionality. A great feature of the platform worth mentioning is the ability to place simulated trades, complete with an imaginary account and profit/loss summary. The platform is robust with lots of tools and resources, and it takes some time to learn how to use all the features.

Step 2: Provide your personal details

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. Futures and forex trading contains substantial risk and is not for every investor.

RevolutandTransferwise both offer bank accounts in several currencies with great currency exchange rates as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone. If you upgrade to ‘Lease’ or ‘Lifetime’ licenses, the trading fees are even lower.

NO, there is currently no Ninjatrader app available for the platform. However, there are several options for accessing the platform services on a mobile device. The most convenient option for accessing your Ninjatrader brokerage accounts is via the CQG mobile app. This excellent app is a simple way to monitor your Ninjatrader positions on any mobile device. It allows users to place / edit orders and has full mobile charting. As we have already mentioned, NinjaTrader does not offer a mobile trading app.

The existence of a robust ecosystem of other users and professional developers will likely keep the flow of education and ideas fresh. NinjaTrader offers several weekly webinars and recorded videos intended to help you get the most out of the platform. A limited amount of non-platform related educational content is on the NinjaTrader blog. All of NinjaTrader’s educational offerings can be accessed for free by anyone—clients and non-clients alike. If you lease or buy a Lifetime license for the trading platform software, you also gain access to a suite ofpremium features that include its advanced trading management strategic order handling. Traders who purchase a lifetime license also get the Order Flow feature set which comes with free platform upgrades for life.

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. NinjaTrader’s Help Guide and webinars are great tools for beginner and advanced traders looking to familiarize themselves with the desktop trading platform. The Help Guide is well designed and you can find exactly what you are looking for via web or PDF downloadable content. On the plus side, we liked the low commissions.Its advanced platform is great for experienced traders, especially for futures traders. The educational material provided by Ninja is well structured and they have an active user forum as well. The desktop platform is highly customizable and there are thousands of apps and add-ons in the NinjaTrader Ecosystem to personalize your platform.

Step 3: Verify your account

Day-traders, who like to trade from the chart will especially like NinjaTrader. Besides providing the software, NinjaTrader is a registered NFA company and an introducing broker of brokers like Phillip Capital and Dorman Trading. The introducing broker status means that your assets and cash are held with a broker, like Phillip Capital, but the platform, fees and customer support are provided by NinjaTrader.

For example, with the Lease License you can access all core functions including charting, market analysis, paper trading, as well as automated trading, automatic stop-loss orders and much more. The NinjaTrader platform has clean, fully customizable charts. It’s easy to change colors (for background, crosshair, gridlines, text, etc.), fonts, and bar spacing/width as well as the overall layout of your chart windows. You can easily insert technical indicators, strategies, and drawing tools, which are all customizable within the chart. The free version, which is included with all brokerage accounts is a great starting platform for new traders without the financial commitment.

He is a motivated finance expert, having joined BrokerChooser in 2018. He’s also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

The product portfolio covers only futures and options on futures, unless you connect an external brokerage account, such as an account with Interactive Brokers. Besides advanced charting and market depth tools, there are limited resources for research or insights within the platform.

With a continuous flow of buyers and sellers in the futures markets, market orders can be executed swiftly. We tested NinjaTrader’s platform through an account opened with Phillip Capital.