Operating from Chicago, NinjaTrader is a futures brokerage firm that offers access to the world’s leading financial markets — futures, forex, stocks and options— using a proprietary trading platform. The broker supports both Continuum powered by CQG and Rithmic for live futures trading. The minimum deposit required to start trading is $400.
NinjaTrader Review, Pros & Cons
- Proprietary trading platform
- Educational resources
- Trading tools
- Responsive customer support
- Limited account funding options
- No MetaTrader trading platforms
- Not the lowest commissions
- Minimum $400 deposit
- Available in limited countries
In this detailed
NinjaTrader review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
NinjaTrader is an established online broker that provides clients with all the resources needed to trade multiple financial instruments with ease. These resources include an advanced trading platform that is available in desktop, web, and mobile versions. There are educational resources, useful trading tools, as well as client support services to assist traders. Traders are allowed to choose their preferred account type, and the minimum deposit they need to start trading is $400.
NinjaTrader Brokerage is an NFA registered introducing broker (NFA #0339976) providing brokerage services to traders of futures and foreign exchange products.
NinjaTrader Brokerage is not an introducing broker for foreign exchange accounts outside of the USA.
Some NinjaTrader features and products mentioned within this NinjaTrader review may not be available to traders from certain countries because of legal restrictions.
Trades are carried out using the NinjaTrader trading platform. The proprietary trading platform supports multiple market data & brokerage options, providing access to futures, forex, equities, and options. The platform offers advanced charting, strategy backtesting, and trade simulation. It has all the key features needed for live trading, including over 100 indicators, award-winning charting & analysis, unfiltered professional market data, and more. The NinjaTrader trading platform is available in desktop, web, and mobile versions.
NinjaTrader Trading Tools
Apart from the several tools that were built into the NinjaTrader trading platform, the broker provides clients with some standalone trading tools to ensure optimal performance. These tools include advanced live charts, live market data, 1000s of third-party add-ons, trade desk calendars, and more.
The broker provides traders with various educational resources to improve their overall trading knowledge. These learning resources include unlimited daily training, learning articles, Trading 101, NinjaTrader news, and an FAQ section that answers some of the common questions that traders may have.
The broker offers the following trading instruments: futures, forex, stocks and options.
NinjaTrader Accounts & Fees
Traders can open any of the following trading account options: Individual, Joint, Corporate, LLC, Trust, Partnership, or Retirement accounts. The minimum deposit amount required to start trading is $400.
As broker fees can vary and change, there may be additional fees that are not listed in this NinjaTrader review. It is imperative to ensure that you check and understand all of the latest information before you open a NinjaTrader broker account for online trading.
The broker provides traders with a customer support team who are polite and prompt in response. The support team is available 24/5 to provide technical support. Clients can easily contact the support team via telephone, email, and social media.
NinjaTrader Deposit & Withdrawal
Traders are allowed to deposit and withdraw funds to and from their trading accounts using bank wire transfers.
NinjaTrader Account Opening
To open an account, simply click on the ‘Open Account’ icon on the homepage of the broker’s website. Choose your account type and fill the account application form properly. Hit the submit button and wait for your account to be approved.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
NinjaTrader is a multi-asset futures brokerage firm that operates from Chicago. They allow traders to buy and sell futures contracts of various financial assets via an advanced trading platform. Traders are provided with a selection of learning and trading tools as well as a 24/5 customer support team. There are various trading account options with a required minimum deposit of $400.
Futures, foreign currency, and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. 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.