Many traders have been using NinjaTrader, but it does sound good？What advantages and disadvantages you need to consider？

NinjaTrader is a globally renowned online trading platform and service for beginners, professionals and active traders。Founded in 2003, NinjaTrader is a software company that offers advanced research tools and trading capabilities.Excellent trading platform。Headquartered in Denver, Colorado and Chicago, Illinois, the company has attracted more than 100,000 customers and more than 450 events.。

Over the years, many traders have used NinjaTrader for consideration, but is it really as good as it sounds?？You needKnowWhat are the advantages and disadvantages？

NinjaTrader is a US-based online trading platform and services company for beginners, professional traders and active traders.。Founded in 2003, NinjaTrader began as a software company offering superior trading platforms, advanced research tools, and based in Denver, Colorado and Chicago, Illinois, has attracted more than 10 customers and at least 450 client developers.。

At the same time, for those traders interested in other assets such as stocks and options, the platform works with several other well-known brokers such asTD Ameritrade, OANDA, FXCM, Forex.com, City Index and Interactive Brokers。Traders simply connect their third-party trading account with the NinjaTrader platform to trade。

Security and Regulatory

NinjaTrader is registered with the National Futures Association (NFA), which makes it legal to act as a referral service for other brokers.。It is worth noting that the relevant opinions are equally trustworthy because they are at least regulated by a strict financial regulator such as the Commodity Futures Trading Commission (CFTC) and the Financial Conduct Considerations Authority (FCA).。In fact, the NinjaTrader is just an introduction, and more importantly a test to find out your funds and assets, the buyer's background and business history.。

In addition, traders are strongly professionally advised to useNinjaTrader's service, because futures trading is not protected by the Investor Protection Program, which means there is no negative debt protection.。If the account balance reaches a negative number, you need to bear these losses。

Provide account type

NinjaTrader offers several account types。You can choose the ideal demo account or live account。NinjaTrader's demo account offers a great practice opportunity for beginners to learn and improve their trading skills。Once you have built up your confidence and decided on a real trading account, you can choose from the following account types:

Personal Account- Joint account owned by one individual trader - Corporate / LLC / Trust / Partnership account owned by one or more individuals - Retirement account owned by a legal entity - One tax-advantaged account for U.S. residents only

If you choose to NinjaTrader trading account, your funds will be held by Philip Capital or Dorman Trading。Therefore, account transactions should be completed by one of the brokers。For starters, the process can be complicated, and the approval process can take days。The following are the operation steps:

AccessNinjaTrader's website, select the assets you want to trade。Choose a broker (Philip Capital or Dorman Trading) and you will be redirected to its website。Select Account Type。Enter your personal information such as name, date of birth and address You need to answer several questions related to your financial situation。Verify your identity。You can use your national ID, passport or driver's license for identity verification, use utility bills or bank statements for address verification。Answer additional questions about how you use your account。Acceptance of customers and disclosure documents。

Once online registration is complete, you will receive an email asking you to fill out an option application form。You must decide which markets and position limits you want to trade with the account。

Transaction fees and costs

Compared to other companies,NinjaTrader's transaction fees are among the lowest in the industry。The company offers clear types of licenses, namely free, rental rental licenses and lifetime options。The license commission is based on your license.。For futures trading, you can commission 0 per lot..$59 and 0 per micro-contract.$09 (lifetime) license。If you upgrade your license to a higher level In addition, you will get a higher level of platform features and a commission from a third party to buy a lease or a lifetime license, and you will also get a set of advanced features such as order flow features。

However, non-transaction costs are relatively high compared to other。Again, it depends on the license you choose。Free without license fee, rental license is charged annually$720, $1,099 per four-month lifetime license。In addition, if you do not place an order for a period of time, there will be an additional $25 monthly inactivity charge。

Deposits and提供Paragraph

The minimum withdrawal amount for the NinjaTrader account is $400, which is quite comparable to other。The company does not charge any fees, but domestic banks may charge fees if they conduct cross-country banking transactions.。If you are a U.S. resident, you can make a deposit by bank transfer and check.。

NinjaTrader supports clear basic currencies, namely USD, EUR and GBP。In this case, it is best to deposit funds in the same currency as your bank account so that you do not have to pay exchange fees。If your bank account currency is not within the clear currency range provided by NinjaTrader, it is best to choose USD。

on the other hand,NinjaTrader's withdrawal costs are usually higher。In the case of an international bank transfer fee of $30 to $40。In addition to bank transfers, U.S. residents can also use checks for withdrawals.。Dorman Trading charges no withdrawal fees, while Philip Capital charges $4 for withdrawals。

Education and support

NinjaTrader provides excellent educational materials including guides, platform tutorials, educational videos and webinars。These guidelines are well structured and easy to understand。You can download PDF file to read online。In addition, a demo account is also a great way to learn how to start trading and become familiar with the platform。Simulated trading features provide real-time market prices and conditions so they can be used to practice or test strategies。

About customer support,NinjaTrader quickly became known for providing good service through online chat, phone, email and support forums。Responses to online chats are usually and helpful。In addition, there is an active support forum where traders can interact with other traders and NinjaTrader's support team。The only problem may be extremely low availability, as the support team only provides services within the US market opening hours.。However, if the situation is very urgent, you can always contact the trading desk。

WhySelectNinjaTrader

Advanced trading platform

NinjaTrader is known for providing sophisticated trading platforms and has proven its ability to provide leading-edge performance to traders with different backgrounds and industry levels of expertise. It has excellent charting tools, excellent technical analysis tools, and partial and strategy automation capabilities.。In addition, there are thousands of completely additional apps and plugins from third-party developers that can be added to the platform。

Richof educational resources

NinjaTrader offers a variety of educational materials designed to train junior traders and even become professional traders。You can read training articles, watch video frequency tutorials, and participate in various daily webinars for free to improve your skills, gain more knowledge, and become a successful trader。In addition, you can also experience a simulated trading function on the platform to test trading strategies。

Positive responsePrompt customer support

Good customer support usually indicates that the broker makes decisions and cares about customer satisfaction。After all, when you have questions or doubts about trading, you want to make sure they are willing to help you。In NinjaTrader, you can chat online, email, Contact the support team Phone or forum discussion，Replies are usually very quick and helpful。

Deficiencies

Relatively high non-transaction costs

Although transaction costs are quiteLowcompared to other companies,NinjaTrader's non-transaction fee usage is indeed quite。You need to understand some of the costs, such as withdrawal fees and non-activation fees。

Does not provide convenient channels for stock trading

NinjaTrader offers a perfect setup for futures and forex trading, but if you want to trade stocks you will need to use a third-party broker。This means you need to take a few extra steps to start trading by connecting the platform and a broker that supports your interest-limited assets。

Use of the free versionLimitations

The free version of the trading platform gives you access to chart functions and trading simulators。However, the need to access advanced features such as order flow +, automated trading and more transaction data, you pay a detailed and considerable fee。

The final conclusion

In short, we can seeNinjaTrader is an excellent platform with advanced technology and some of the best trading tools in the market。It is particularly suitable for futures and Forex trading. The company allows the cooperation of third-party developers using a unique approach, which improves the overall performance。Therefore, NinjaTrader not only provides advanced built-in functions, but also provides a library of thousands of other tools and plugins。

However, if you are a long-term trader and like to trade stocks or other stocks, you may want to reconsider your options。The trade tends to focus on the needs of long-term holding investors, and leverage likes to stick to its investments for the long term.。However, it's always a good idea to try a demo account, as it can give you a brief overview of how the platform works。

Another trading platform known for its advanced charting features iscTrader。While MetaTrader dominates the industry, how does cTrader compare to the latest MetaTrader platform for global retail traders?？