NinjaTrader Review 2025 Features, Fees & Trading Platforms

For instance, if you make an international payment from your trading account, you might incur a high withdrawal fee. ninjatrader review So, a trader has to pay fees and commissions to NinjaTrader based on their chosen trading license. If you opt for a trading license that belongs to the ‘lease’ or ‘lifetime’ category, you will have to pay a lower trading fee. So, a trader can choose an account type on NinjaTrader per his trading requirements. There are the following types of trading accounts that NinjaTrader supports. When a trader connects with one of these brokers, he can enjoy trading the greatest underlying assets.

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Furthermore, it partners with reputable brokerage firms to ensure reliable and secure trade execution. ACH and debit withdrawals are free, while domestic wire transfers incur a $30 fee. International wire transfers cost 30 units of the originating currency. Compare NinjaTrader with the top 3 similar brokers that accept traders from your location. Overall, the trading platform could help yield greater profits for the right investor.

Futures

It does not support stocks, ETFs, options, or cryptocurrencies directly.⚠ Steep Learning Curve – The complex interface and advanced features may be overwhelming for beginners. However, extensive educational resources are available.⚠ Windows-Only Desktop Version – While the web and mobile versions exist, the full NinjaTrader platform is available only on Windows. Overall, NinjaTrader is ideal for active traders that are interested in futures trading without the high starting costs required. That said, despite the low cost barrier, NinjaTrader is too complex for new futures traders. You won’t find a simpler, faster order form than on NinjaTrader, as the entire platform is designed with active traders in mind. At this point in our NinjaTrader review we have covered all the key metrics from fees and payments to safety and user experience.

Is a Full Service Broker Right For You? (Full Service vs Discount Brokers)

While there are standard trading fees, the Ninja Trader platform itself has a free version, so there is no extra cost to integrate with a supported broker. You just may end up paying an additional trading fee through the third-party broker, in addition to Ninja Trader fees. If you want access to other assets, such as Forex, contract for difference (CFDs), or stocks, you will need to connect NinjaTrader to a third-party broker, such as Interactive Brokers. This integration allows you to use NinjaTrader’s tools while trading assets through a trusted broker.

Risk Warning:

Once you have entered your details, the broker will ask you to verify them. For example, if you added your phone number or email address, the broker might send a verification code to your phone. On entering this verification code in the space provided by the broker, you will succeed in verifying your trading account. The broker you choose for trading on NinjaTrader will allow you to choose an account type for the same.

Failing to meet these margins could result in forced liquidation.✔ Risk Management Tools – NinjaTrader allows traders to set up stop-loss orders and automated risk controls to limit downside exposure. NinjaTrader does not provide access to stocks, ETFs, options, or cryptocurrencies directly. Traders looking for these asset classes will need to use an external brokerage that integrates with the platform. Using NinjaTrader at Interactive Brokers or TD Ameritade makes no sense because both brokers have free platforms that are very good. NinjaTrader has similar features as DAS Trader Pro and is easier to use than TradeStation’s desktop system.

Step 3: Fill Out the Online Application

• The charts are user-friendly and offer tons of technical indicators such as Bollinger Bands and Fibonacci Extensions.
• TradeStation is another popular day-trading platform for active investors to access futures contracts.
• It allows them to access several other trading options apart from futures.
• NinjaTrader’s trading fees are among the lowest in the industry.

The broker uses CQG (Continuum) for order routing by default but also supports order execution through Rithmic. Kinetick is also available as a free end-of-day market data source for stock, futures and forex data-optimized exclusively for use with NinjaTrader’s platform. The free version, which is included with all brokerage accounts is a great starting platform for new traders without the financial commitment.

• This NinjaTrader review will help you understand that this trading platform can fulfill your requirements.
• Options on futures contracts offer the right, as opposed to the obligation, to either purchase or sell an underlying futures contract at a predetermined price at or before a set expiration date.
• That is why most traders use this as their preferred payment method.
• NinjaTrader provides a range of customer support services to assist traders with technical issues, account inquiries, and platform navigation.

Which Brokers Support NinjaTrader?

Trading with NinjaTrader involves several steps, from setting up the platform to executing trades. The platform is designed for futures and forex traders, offering advanced tools for market analysis and execution. However, traders should always verify specific protections based on their trading instruments and chosen broker. Dave has been a part-time day trader and swing trader since 2011 when he first became obsessed with the markets. He focuses primarily on technical setups and will hold positions anywhere from a few minutes to a few days. Over his trading career, Dave has tried numerous day trading products, brokers, services, and courses.

Futures Markets

He continues to test and review new day trading services to this day. NinjaTrader offers a free account which gives you access to advanced charting, some market analysis, and a trading simulator. But in order to use the free account, you do need to make a minimum deposit of $400.

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In terms of search functionality this is great too as it is simple and user-friendly. To add new assets to the instruments list simply type the name in the search bar or browse through the relevant asset categories. Gasoline FuturesGasoline futures are an important energy market that can be influenced by economic conditions, making it an efficient way to trade price fluctuations in gasoline.

The software is compatible with and supported by a range of online brokers globally. This gives you, the investor, the choice on where you execute your trades. For live brokerage accounts, NinjaTrader uses CGC Continuum as its primary data provider. NinjaTrader is an open-source system, much like the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platform. The difference is that whilst MT4 attracts mainly forex day traders, NinjaTrader is also popular amongst futures traders. NinjaTrader is one of the top brokers for futures and forex trading.