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. With a continuous flow of buyers and sellers in the futures markets, market orders can be executed swiftly. The forex is a rapidly evolving atmosphere, and staying on top of the latest market moves is of paramount importance when scanning for potential opportunities.

• NinjaTrader brokerage offers a basic range of asset classes with a focus on futures trading on the CME, CBOT, NYBOT and Eurex exchanges.
• You can contact Trade Desk only in emergent situations and with emergency orders.
• The current version now also has a good trading journal that leaves nothing to be desired and has all important key figures firmly integrated.
• You can use any broker you would like with our service, there are no limits.

I have passed your information along to our platform support team and they are reaching out to assist you today. Thank you for your patience and we appreciate you as a customer. Devexperts LLC and Devexperts Inc. are software companies that provide software products and services.

If you want to use NinjaTrader combined with a broker, you should make sure that you choose a compatible broker when comparing brokers. NinjaTrader also provides advanced features and tools traders looking for frequently, like optional order flow analysis capabilities, which can be considered as an advanced charting feature. NinjaTrader uses CQG Continuum as its primary data provider for live brokerage accounts, although Rithmic is supported as well. Monthly data fees are required with a full market depth option, or you can get top of book data for reduced fees.

Step 3: Verify your account

She is the co-founder of PowerZone Trading, a company that has provided programming, consulting, and strategy development services to active traders and investors since 2004. The broker’s platform is always free, which provides market analytics, trade simulation, and advanced charting. Traders can register on the NinjaTrader platform, and they are offered a demo account for free. NinjaTrader is really free to use for simulated trading. Once trading systems are connected via the NinjaTrader API with a brokerage account, additional fees need to be paid. You can also connect your best brokerage account to NinjaTrader using the real-time data feed of your broker.

Because you can ultimately create fully automated trading systems, they trade up and down the markets for you according to your specifications. Pure Financial Academy is provided benefits from both NinjaTrader and Kinetick, such as a free platform software license, free marketing and discounted market data. The information contained on this page was provided to us by NinjaTrader and Kinetick. A great feature of the platform worth mentioning is the ability to place simulated trades, complete with an imaginary account and profit/loss summary. For example, full market depth data on CME is $10 per month. If you need access to more instruments, you can opt for the CME bundle, which includes CME, CBOT, NYMEX, and COMEX, for $30 per month.

Phillip Capital is a global broker, regulated by top-tier financial authorities such as the US Commodity Futures Trading Commission and the UK’s Financial Conduct Authority . If you are using multiple demo accounts and want to trade between each of these accounts. You need to select that account in either the SuperDOM panel or the Chart trader panel.

NinjaTrader 8 is designed specifically for active traders who buy stocks, trade futures and forex markets and favor one-click solutions and automated exchange transactions. NinjaTrader’s award-winning trading software is consistently voted an industry leader by the trading community. Featuring 1000s of Apps & Add-Ons for unlimited customization, NinjaTrader is used by over 40,000 traders for advanced market analysis, professional charting and fast order execution.

• Streamline order entry using preset forex quantities, so you can trade the correct size with ease.
• You can use quality educational material to get you started.
• Testimonials may not be representative of the experience of other clients or customers and is not a guarantee of future performance or success.
• You already have 3 accounts added to the comparison table.
• We tested NinjaTrader’s platform through an account opened with Phillip Capital.

Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle.

Trading Technology

The advanced tool sets are where NinjaTrader really shines. For example, sophisticated order types known as automated trade management strategies are included in the Trader + feature suite. These consist of a set of specific rules you create to manage a group of stop-loss and profit target orders to operate on all or part of an open position. If you want to access some of its more advanced capabilities, you can either lease the software starting at a quarterly basis or purchase a Lifetime license, which includes free upgrades for life. NinjaTrader provides multiple solutions to automate forex trade execution including attaching orders to indicators for automated order execution. Ádám worked in banking and investment, and holds a professional degree in this field.

When it comes to customer services, you can contact the NinjaTrader customer support via telephone, Live Chat, email, and a support forum. Furthermore, you can also submit questions or request and receive a fast response from the support team in a matter of minutes. All services and products accessible through the site /markets are provided by FXCM Markets Limited with registered address Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda. When it comes to active trading, practice makes perfect. The risk-free NinjaTrader demo account is a great place to improve your trading skills and test new ideas. The ability to identify opportunities on-the-fly is a necessity in the fast-paced forex environment.

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. FXCM Markets Limited (“FXCM Markets”) is incorporated in Bermuda as an operating subsidiary within the FXCM group of companies (collectively, the “FXCM Group” or “FXCM”). FXCM Markets is not required to hold any financial services license or authorization in Bermuda to offer its products and services. When you are engaging the forex, organisation is a critical aspect of timely decision making. NinjaTrader offers an array of options designed to fully customise your market experience. For example, if a day trader only trades for the first two hours of the trading session, typically they need to wait a full day between each trading session.

Account types

Founded in 2003, NinjaTrader supports 500,000+ traders worldwide with a powerful and user-friendly trading platform, discount futures brokerage and world-class support. Our platform is always free to use for advanced charting, backtesting & trade simulation. NinjaTrader 8 platform offers several valuable trading tools, strategies, and indicators that are useful for experienced and active traders. Additionally, the platform’s trading applications drawing tools, charts, indicators, and its trading system can be developed, installed, or extended. For this, the trader should be familiar with the C programming language.

The trader can have the choice of opening an account either with Dorman Trading or Phillip Capital. The next step would be to choose the account type like corporate or individual accounts. Next you will be required to verify your identity and address by uploading copies of your passport, drivers license and utility bills and bank statements dated within the last 6 months.

Trading Strategies

They provide 25/5 and weekend technical support along with 24-hour emergency trade support. This means it offers round the clock trade desk and technical support, which can be used for live orders and emergencies. Further, it also provides live chat, which is available on the NinjaTrader website on weekdays. NinjaTrader’s support forum is where scammed by xcritical traders can access and find answers to their questions or post a query if they have trouble finding information. The trader can make use of the trade simulation, which is available on the broker’s platform as paper trading. The trader can test several trading strategies by using real-time market conditions without risking their real capital.

A trading platform is software with which investors and traders can open, close, and manage market positions through a financial intermediary. NinjaTrader and the community’s ecosystem has a wide selection of educational videos, webinars, and documentation. Vendors provide much of the education, which includes promotional material for vendor systems, add-ons, and plugins, but we didn’t see this as a negative. 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.

Once configured, NinjaTrader can be started simultaneously via the Kinetick feed, including the stock exchange prices. Besides, Kinetick provides a data feed for stock quotes that enables the free use of end-of-day data within the NinjaTrader 8 platform. (End of Day means by the way that the smallest time unit is “days” and, e.g., hours or minute charts cannot be displayed). Charting market data on your mobile device and mobile trading is currently not supported.

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. The minimum capital required to open a futures trading account is USD$400. For popular day trading futures such as the S&P 500 , the day trading margins are $500. Futures traders hold their account with one of the leading futures brokers like Dorman Trading and Phillip Capital. In contrast, Forex traders chose between brokerage accounts at FXCM in Europe and UK and Forex.com in the United States.

Phillip Capital is the one holding your assets and cash in this case. Phillip Capital publishes financial statements and it’s regulated by a top-tier authority . NinjaTrader is registered with the National Futures Association , which allows it to provide introducing broker service for https://dreamlinetrading.com/ companies, such as Phillip Capital or Dorman Trading. These companies are regulated by at least one top-tier financial authority, like the US CFTC or UK FCA. However, they have a blog, where they post short articles that cover a variety of topics that traders might be interested in.

The educational material provided by Ninja is well structured and they have an active user forum as well. 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.