NinjaTrader Review 2024 Costs, Accounts & Futures Explained

You can trade contracts for stocks, cryptocurrency, crude oil, gold, natural gas, and more. In addition, the platform offers unlimited support, daily training opportunities, and 24-hour customer support. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.

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. Minimum deposit requirements for Futures and Forex accounts are $400 and $50 respectively. Futures are available from $0.59 per contract ($0.09 per Micro contract).

Our highest-rated brokerages generally include low fees, a diverse range of assets and account types, and useful platform features. Both NinjaTrader and futures trading aren’t recommended if you’re an inexperienced investor. The NinjaTrader platform is designed with advanced users in mind and has a considerable learning curve. Because futures trading involves leverage, it’s much riskier than your everyday stock investing.

1. The partial and full strategy automation features are useful additions to the platform, and it’s possible to work with a NinjaScript programmer to design your own technical indicators and strategies.
2. We evaluated NinjaTrader with a focus on how well it performs as a futures trading platform, as well as the past experiences of users.
3. NinjaTrader is an online futures trading platform for experienced investors to trade traditional and alternative futures contracts with low commissions.
4. Any performance data provided by vendors should be considered hypothetical and must comply with the disclosures mandated by NFA Rule 2-29(c) and CFTC Regulation 4.41.
5. The platform has attracted over 500,000 users and 600+ developers across 150+ countries.

Lifetime Plan ($1,

The platform, indicators, and other features are customizable at a very granular level, which is important for active or professional traders. Again because NinjaTrader is primarily a futures and forex brokerage, financial statements, news, and economic data that you might find in other professional platforms are missing. While the technical data is comprehensive, you’ll have to use another resource for fundamental information if you need that type of analysis.

Market Replay

NinjaTrader is a futures trading platform offering advanced charting and market analysis features through different plan options. It’s best for active, experienced traders mainly looking to invest in traditional and alternative futures (including mini-futures). Novice future traders can also use the platform’s simulated trading features and backtesting to test strategies. Besides advanced charting and market depth tools, there are limited resources for research or insights within the platform. 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.

NinjaTrader vs. TradeStation

Plans range from a $0 monthly fee, to $99 per month, to a one-time payment of $1,499. NinjaTrader is equipped with security measures to protect users’ personal and cryptocurrency trading software platform 2021 financial information. The platforms employed data encryption, two-factor authentication, and security keys.

We recommend comparing brokerage options to ensure the account you’re selecting is the best fit for you. To make your search easier, here’s a short list of our best trading platforms of how to pull cryptocurrency prices in excel 2024. It’s possible to trade traditional futures with NinjaTrader, but you can also trade in micro futures, a smaller version of the same futures contracts. This makes it possible to start futures trading with lower upfront costs. NinjaTraders offers trading across diverse future markets worldwide.

Available futures contracts include indexes, metals, energies, and cryptocurrencies. NinjaTrader’s lifetime plan requires a one-time fee of $1,499, which qualifies the user for the lowest possible commissions. This plan includes order flow and add-ons, potentially lowering additional trading fees.

Some online brokerage platforms are best for beginners, while others are more fitting for new zealand dollar and japanese yen more advanced traders. We evaluated NinjaTrader with a focus on how well it performs as a futures trading platform, as well as the past experiences of users. The platform supports all the usual order types, including market, limit, stop market, and stop-limit orders as well as advanced OCO (one cancels other) orders.

How Much Does NinjaTrader Cost?

To access premium features, traders will need to sign up to a funded account. The standard lease is available from $720 per year or a lifetime license is available at a one-time cost of  $1,099. Trader + and Order Flow + and paid services that traders can upgrade to, but the core essentials are free for the lifetime of the account. The firm’s offering also extends to trade performance tools, plus market and strategy analysers. Users also have extensive data feeds, indicator lists, intelligent programming capabilities, plus a reliable support forum.