NinjaTrader is a software and brokerage service founded in 2003, catering to active traders. The platform offers charting, market analysis, and live trading services. It's known for its excellent technical analysis tools, customizable charts, and support for various trading strategies. Here's an overview of NinjaTrader

1. Pricing Model:

• The NinjaTrader platform is free for charting, market analysis, and live trading with a funded account.

• Premium features, like advanced order types and automated trading, can be accessed through a lease (starting from $60/month) or a one-time payment (from $1,099).

• The Order Flow+ suite for analyzing trade activity is available only with a lifetime license.

2. Features and Tools:

• Offers advanced charting, real-time analysis, customizable technical indicators, and thousands of third-party apps and add-ons.

• Provides multiple order entry interfaces, including Chart Trader for trading directly from charts.

• Supports various order types, including market, limit, stop market, and stop-limit orders.

• Offers automated trading through NinjaTrader's ATM Strategies or C#-based trading framework.

• Market Replay feature for historical price data analysis.

3. Brokerage Services:

• Provides access to the futures and forex markets.

• Partners with supporting brokerages, such as Interactive Brokers and TD Ameritrade, to offer access to options on futures, CFDs, and equities.

4. Usability:

• Requires a funded account for free platform access.

• Installation is straightforward, and users can quickly customize charts and add indicators.

• Offers free webinars for platform guidance and education.

• Provides a simulated trading mode for practice.

5. Mobile and Emerging Tech:

• NinjaTrader brokerage clients can use the CQG mobile app for iOS and Android.

• A dedicated NinjaTrader mobile app may be introduced in the future.

6. Range of Offerings:

• Supports futures, options on futures, and forex trading.

• Access to equities trading is available through partnering brokers.

7. Research and Insights:

• Primarily oriented towards active futures and forex trading.

• Technical data is comprehensive, but fundamental data is limited.

• Lacks financial statements, news, and economic data.

8. Customer Service and Help:

• Offers 24/5 and weekend technical support, including a 24-hour trade desk.

• Live chat support available on weekdays.

• Active user community and support forum for additional assistance.

9. Education:

• Provides a wide range of educational resources, including webinars, video tutorials, and documentation.

• NinjaTrader's ecosystem offers education from vendors.

10. Costs:

• Account minimum: $400 for futures, $50 for forex.

• Futures commissions start from $0.25 per contract.

• Forex trading involves bid-ask spread costs.

• Platform costs begin at $60/month.

• An inactivity fee of $25/month is charged if the account is dormant.

In summary, NinjaTrader is a platform well-suited for active futures and forex traders, offering a range of technical analysis tools, customization options, and support for various trading strategies. While it excels in providing tools for experienced traders, it also offers features for beginners, such as simulated trading. NinjaTrader has a strong ecosystem with a focus on third-party contributions and a user community. However, it's primarily designed for traders focused on active futures and forex trading, and it may not be as comprehensive in terms of fundamental research and long-term investment tools.

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