NinjaTrader Reviews Read Customer Service Reviews of ninjatrader com 2 of 35
I will definitely pass your message along to Adrian and the rest of the team here. I’ll be sure to pass your kudos along to Clayton and the rest of the team. NinjaTrader can be used with TD Ameritrade, FXCM, Interactive Brokers, MB Trading, Forex.com, OANDA, and City Index. I was able to find NinjaTrader’s alerts by going to ‘Market Analyzer’ under the ‘New’ menu and then right-clicking in the window and selecting ‘Alerts’.
Step 4: How to buy and sell assets
There are lots of changes overcross the history of NinjaTrader — from 2003 founded as a software company, to 2014 as a introducing broker to a US regulated brokerage these days. While support is available on the phone, NinjaTrader customer service does specify that this is reserved for ninjatrader review emergency trade support only. There are multiple trade interfaces available, and you can place trades through the chart itself, using the “Super DOM” (order book trading), or through the “FX Board” for trading Forex. And each interface is customizable to your ideal trading style.
Some of the best customer support…
However, we are disappointed that the free trial is only available for two weeks – much less than the typical time frame at alternatives. Newer traders may struggle to get to grips with the platform in this period. It is sufficient to practice on and gauge whether or not the platform is suitable for your trading style.
TRADING HELP
Ninjatrader charges some of the lowest futures commissions among brokers. With its free plan, trade standard futures for $1.29 per side and micro futures for 35 cents per side. If you’re a high-volume trader, its paid plans reduce commissions even further. Future contracts gather a large trading volume daily which leads to high levels of liquidity. With a continuous flow of buyers and sellers in the futures markets, market orders can be executed swiftly.
Research offerings
NinjaTrader connects to that service, and you use this trading software to see your third-party brokerage’s data and order trades. NinjaTrader’s award-winning software caters to active traders seeking advanced technical analysis and charting options. As a brokerage, NinjaTrader also offers access to https://forexarena.net/ a range of asset classes including futures, forex, and stocks. NinjaTrader is a great trading platform for futures and Forex. It offers free advanced charting and trade simulation with market analysis. The company also has a team of third-party vendors who design trading indicators for its software.
Orders that get filled are shown at the exact time on a chart along with the fill price and the quantity. We do not guarantee the performance of any investment or financial product mentioned on this website. Always perform your own due diligence and consider your own financial circumstances before making any investment decision.
There is also a useful and convenient FAQ page that has a wide range of answers to general questions regarding the NinjaTrader software and trading platform. However, I would appreciate more expert-led market insights and technical analysis. This will bring it in line with popular brokers like Forex.com. The Order Flow visualization feature is particularly useful. Available as an add-on for $59 per month, the tool allows you to identify buy and sell pressure to confirm market movement. With a range of advanced overlays, traders can view volumetric bars, VWAP, cumulative delta and more.
Its commissions for its free plan are on the low end compared to other brokers, with even lower commissions for its paid plans. The same can be said for its trading margins — $50 intraday margins for micro contracts and $500 margins for popular futures markets. There are no minimum deposit requirements to use NinjaTrader, but you must pay for real-time market data before you can trade. NinjaTrader is exclusively a futures trading platform, so you won’t find any other tradable assets. The NinjaTrader platform is ideal for active traders who want lots of technical analysis tools.
Trading futures contracts involves using margin which is a portion of the sum amount (usually 10% of the futures contract price). Trading futures allows traders to gain greater exposure to stocks and other assets without having to own the underlying asset. Therefore, potential profits can multiply if the market moves in the direction of the position they have taken. Futures are derivative contracts that gain value from other assets including stocks, indices, and commodities, just to name a few. Futures are popular amongst the trading community because they are effective in managing risk and hedging against potential losses.
NinjaTrader hosts a huge library of training materials for active traders that want a deeper understanding of how to trade futures and other assets. Almost every function on the platform has a quick training video included, and there’s also an entire futures trading training program available. It’s an exceptionally low-cost brokerage for trading futures, giving its clients the ability to purchase contracts for 1/10th of the price of most brokers. NinjaTrader also offers fully customizable and programmable trading tools, making it one of the most advanced futures brokers. In this article, I dive into the features and tools of NinjaTrader to find out if this trading platform is worth the price tag.
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). Day trading margins for popular futures such as the S&P 500 emini are $500. Minimum deposit requirements for Futures and Forex accounts are $400 and $50 respectively.
- There are multiple trade interfaces available, and you can place trades through the chart itself, using the “Super DOM” (order book trading), or through the “FX Board” for trading Forex.
- NinjaTraders offers trading across diverse future markets worldwide.
- At this point in our NinjaTrader review we have covered all the key metrics from fees and payments to safety and user experience.
- The latter (automation) can be done from within NinjaTrader’s user interface.
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. The platform caters to online traders across asset classes and global markets.
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. Let’s say that there is also a 10% margin for 100 MSFT stocks. Crude Oil FuturesCrude oil futures are highly liquid contracts that allow traders to speculate directly on the price of crude oil. It serves as the cornerstone of the energy complex attracting traders of all sizes. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters.
These can include currency pairs, futures contracts, and stocks. There are several column options, such as average daily volume, calendar year high, and bid-ask spread. 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. You can also set up custom alerts within the charting software based on indicator values, P&L, risk management, price or time data, and more. This is a fully customizable builder that allows you to build complex alerting systems for more advanced trading.
NinjaTraders is a competitively-priced trading platform offering multiple pricing plans catered to different styles and budgets. 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. NinjaTrader is transparent about its fees, but there is much to keep track of.
