Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information
What is NinjaTrader？
NinjaTrader is a trading platform known for its support of futures contract trading. Although it claims to be regulated by the National Futures Association (NFA), it has been reported that this license is a clone. NinjaTrader offers a variety of trading platforms, catering to the diverse needs of its clients. To support its users, NinjaTrader provides a range of customer service options. Furthermore, NinjaTrader emphasizes the importance of education and offers various resources to assist traders in improving their skills and knowledge.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
NinjaTrader Alternative Brokers
There are many alternative brokers to NinjaTrader depending on the specific needs and preferences of the trader. Some popular options include:
HUISHANG FUTURES - A reputable futures brokerage firm in China, providing comprehensive futures brokerage services and risk management solutions to clients.
GF Futures - A prominent futures brokerage firm in China, offering a wide range of futures trading products and services, along with research and advisory support to clients.
CES FUTURES - A leading futures company that offers diversified financial futures products and services, catering to the investment and risk management needs of institutional and individual clients.
Is NinjaTrader Safe or Scam？
NinjaTrader currently has no valid regulation. It claims that it is regulated by the National Futures Association (NFA) at the United States with the regulatory license number of 0339976. However, this license was verified to be a clone one. This means that there is no government or financial authority oversighting their operations. It makes investing with them risky.
If you are considering investing with NinjaTrader, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.
Main Business of NinjaTrader
NinjaTrader is a popular trading platform that supports the trading of futures contracts. Futures trading involves buying or selling contracts that represent an agreement to buy or sell an asset at a predetermined price on a future date. NinjaTrader provides tools and features specifically designed for futures traders, such as advanced charting, order execution, market analysis, and automated trading capabilities. It is widely used by retail traders and professional futures traders.
Commissions
NinjaTrader offers a variety of commission options for its clients. The specific commission structure may vary based on factors such as market data selections, trade management preferences, and the type of account the client holds.
Clients can choose between two types of commission structures: a per-trade commission or a commission-free trading account. The per-trade commission structure charges a fee for each executed trade, and the amount may vary depending on factors such as the trading instrument, the volume of trades, and the client's account type.
Trading Platforms
NinjaTrader offers a range of trading platforms to cater to the diverse needs of its clients.
The flagship desktop platform is renowned for its advanced features and flexibility. It supports multi-monitor setups, allowing traders to monitor multiple markets, charts, and trading tools simultaneously. Additionally, traders have access to a vast library of trading apps and add-ons, enabling them to customize their trading experience according to their preferences and strategies.
Another option is the NinjaTrader Web platform, a cloud-based solution that provides traders with the flexibility to access their trading accounts from any PC or Mac web browser. This platform offers a seamless and integrated trading experience, allowing users to analyze markets, place trades, and manage their accounts without the need for a software installation.
In addition to the desktop and web platforms, NinjaTrader also offers a comprehensive mobile experience through its mobile app for Android and iPhone devices. Traders can stay connected to the markets and manage their trades conveniently on the go. The mobile app is optimized for mobile devices, providing a user-friendly interface, real-time market data, charting tools, and secure trade execution.
Trading Tools
NinjaTrader offers exclusive and customizable trading Charts and simulator.
With NinjaTrader, traders can easily create customizable charts that can be accessed from any device. Traders have the flexibility to choose from various chart styles, timeframes, and technical indicators to analyze the markets and make informed trading decisions. The platform offers a rich selection of built-in indicators and drawing tools, as well as the ability to create custom indicators and overlays for advanced technical analysis.
To help traders develop and test their trading ideas, NinjaTrader offers a simulated trading environment. This feature allows users to practice trading strategies and test their ideas without risking real money. The simulated trading environment uses live streaming market data, providing a realistic trading experience. It gives traders the opportunity to sharpen their skills, validate their strategies, and gain confidence before entering the real trading environment.
Customer Service
NinjaTrader offers live chat for 24/5 service and FQA service.
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: +1 800.496.1683
+1 312-262-1289
Email: support@ninjatrader.com
Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook,Youtube and Linkedin.
Twitter: https://twitter.com/NinjaTrader
Facebook: https://www.facebook.com/NinjaTraderGroup/Instagram: https://www.instagram.com/ninjatrader/？hl=en
YouTube: https://www.youtube.com/user/NinjaTraderLLC
Linkedin: https://www.linkedin.com/company/ninjatrader-group-llc
Education
NinjaTrader offers a range of educational resources including new user video library, free daily livestreams and desktop platform guide.These resources aim to help traders, especially new users, to learn and navigate the platform effectively. Some of the educational resources offered by NinjaTrader include:
NinjaTrader offers a comprehensive video library specifically designed for new users. These videos cover various topics and features of the platform, guiding users through the setup process, charting, order placement, strategy development, and more. The video tutorials are a valuable resource for those who are new to NinjaTrader and want to understand the platform's functionality.
NinjaTrader hosts free daily livestreams to provide market insights and trading education. Experienced traders and industry professionals conduct these livestreams and discuss various trading topics, strategies, current market analysis, and more. This resource can be an excellent way to stay updated on market trends, learn from experts, and gain insights into different trading approaches.
NinjaTrader offers a detailed desktop platform guide that serves as a comprehensive reference manual for users. This guide provides step-by-step instructions on how to use the various features and tools within the NinjaTrader desktop platform. It covers topics such as charting, order management, trade execution, customization options, and more. The guide is a valuable resource for users looking to explore and maximize their use of the platform.
Conclusion
In conclusion, NinjaTrader is a trading platform that offers features such as customizable charts and simulators, catering to the trading of futures contracts. However, it is important to note that there is currently no valid regulation for NinjaTrader. While the platform claims to be regulated by the NFA in the United States with a specific license number, it has been confirmed that this license is a clone. Therefore, potential users should exercise caution and conduct thorough research regarding the platform's regulatory status before engaging in any trading activities.
Frequently Asked Questions (FAQs)
2023-03-27 18:42
2023-01-06 08:39
