NinjaTrader Review 2025 Pros & Cons

This demo account, like a genuine account, offers a variety of services and features to give it a feel similar to the live market. Meanwhile, you’ll be hard-pressed to find a broker that offers futures margins as low as NinjaTrader. It offers $50 intraday margins for micro contracts and $500 margins for popular futures markets. To compare, many brokers charge an intraday margin rate of 25% of the overnight rate. For the E-Mini S&P 500 futures contract, which has selecting the best forex crm for your business an overnight rate of $12,980, the intraday rate would be $3,245.

• You can easily insert technical indicators, strategies, and drawing tools, which are all customizable within the chart.
• Traders who purchase a lifetime license also get the Order Flow feature set which comes with free platform upgrades for life.
• This review of Ninja Trader provided by tradingcritique.com offers an in-depth analysis and highlights the key features and capabilities of the platform.
• With $50 margins, NinjaTrader makes trading futures more accessible than other platforms.
• NinjaTrader’s market data subscription costs are on the high end compared to competitors.
• The core essentials NinjaTrader software package is available free of charge.

Range of Offerings

All the usual order types are supported and automated trading is available through NinjaTrader’s ATM Strategies or the C#-based trading framework. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data. To open a NinjaTrader account, you the seven deadly sins of trading can sign up for free with your name and email address.

NinjaTrader Competitors

If you want to trade equities on the NinjaTrader platform, you can go through one of NinjaTrader’s supporting brokers. You can sign up for a NinjaTrader brokerage account, or one of its partner brokers, on the NinjaTrader website. It’s easy to change colors (for background, crosshair, gridlines, text, etc.), fonts, and bar spacing/width as well as the overall layout of your chart windows. You can easily insert technical indicators, strategies, and drawing tools, which are all customizable within the chart. There are over 70 futures markets available, including equity indexes, agricultures, Forex, metals, energies, crypto, and more. And the Nano Bitcoin offering lets you trade Bitcoin Futures with no commissions and $25 margins.

How To Use NinjaTrader?

NerdWallet’s comprehensive review process evaluates and ranks the largest U.S. brokers by assets under management, along with emerging industry players. Our aim is to provide an independent assessment of providers to help arm you with information to make sound, informed judgments on which ones will best meet your needs. Once the Strategy Analyzer opens, choose the trading strategy you want to backtest from the drop-down menu. These strategies can be built using NinjaScript or selected from pre-configured options.

• Being a futures trading platform exclusively, you won’t find other tradable assets.
• Suppose NinjaTrader doesn’t have your preferred indicator by default.
• An investor could potentially lose all or more of their initial investment.
• To evaluate brokers, we test the accounts, trading tools and services provided.
• New futures traders should avoid NinjaTrader, as the charting and trading interface is too complicated for beginners.
• All you have to do is enter your name, email address and phone number, and enter your question or issue and hit Submit Request.
• NinjaTrader is a unique futures trading platform that offers micro futures contracts which allows users to trade futures for 1/10th the cost of a normal futures contract.

Practice trading with a futures trading simulator

To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. NinjaTrader offers great-looking charts brokerage account definition with excellent customization and functionality. The platform and brokerage are both geared toward active futures and forex traders who need a solid technical analysis platform.

It doesn’t charge any additional fees for IRAs, but NinjaTrader is light on retirement planning tools compared to many other brokers we review. This is no doubt because retirement and IRAs are far from the broker’s primary focus. Once your strategy performs well in backtests, move to forward testing in NinjaTrader’s Sim101 account. This simulated trading environment allows you to evaluate your strategy in live market conditions without risking capital. Imagine a trading world where your strategies execute themselves – no manual clicking, no missed opportunities, just pure algorithmic brilliance.

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. NinjaTrader’s Help Guide and webinars are great tools for beginner and advanced traders looking to familiarize themselves with the desktop trading platform.