NinjaTrader Review: How Reliable Is This Trading Company?
In the bustling trading domain, finding a reliable platform is essential. NinjaTrader Group, a well-established US-based software company founded in 2003, offers an easy approach for active traders, especially those dealing in futures.
Let’s dive deep into the specifics of this firm, ensuring you have all the vital details at your fingertips. Keep reading our informative NinjaTrader review for more!
General information | |
Name: | NinjaTrader Group LLC |
Regulation status: | Regulated by CFTC and NFA |
Warnings from Financial Regulators: | No official warnings |
Website link: | ninjatrader.com |
Active since | 2003 |
Registered in | United States |
Contact info: | [email protected], or by phone at 1.800.496.1683 |
Trading platforms: | NinjaTrader Desktop, Mobile, and Web |
The majority of clients are from | United States Morocco Colombia Spain Argentina |
Customer support: | Chat, email, phone, social |
Compensation fund: | Yes |
NinjaTrader – Getting to Know the Basics
NinjaTrader’s strength lies in its user-friendly desktop application, ideal for advanced users.
This powerful tool provides extensive charting, real-time analysis, and a bunch of third-party apps. What’s impressive is its accessibility! Also, the platform is free to use with a funded account, making it an appealing choice for traders on a budget.
Note: GBE Brokers is a fully licensed and regulated CFD dealer that has been in operation since 2015. You can also check them out!
NinjaTrader Legitimacy: Your Assurance in Trading
So, is NinjaTrader legit? A great feature of NinjaTrader is its strict adherence to regulations. The platform operates under the watchful eyes of the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA).
As you can see, your investments are in safe hands in the volatile trading landscape. This is extremely important.
Pros and Cons: What to Expect
This broker offers excellent charting tools, automation options, and a thriving ecosystem of third-party applications.
These advantages help traders to refine their strategies and execute trades with precision.
Yet, it’s crucial to note that advanced features may require additional investment. Also, equities trading on NinjaTrader mandates collaboration with supporting brokers, which might be a minor inconvenience for clients seeking an all-in-one solution. Keep that in mind.
Note: Beware of Kyolo Markets Limited. This company is not legitimate, and they may try to steal your money and data.
Trading Assets at NinjaTrader
This brokerage supports various trading assets, per se.
The platform facilitates futures, options on futures, and forex trading, offering a comprehensive range of choices. For equities lovers, this company collaborates with leading brokers like Interactive Brokers and TD Ameritrade, granting seamless access to the equity markets.
Note: You should know that PassYourChallenge is a trading tool created for challenges like FTMO. But it is not entirely safe.
Trading Platform: A User-Friendly Experience
Exploring NinjaTrader’s platform is quite easy. This is thanks to its simple design and ease of use. You should know there is a NinjaTrader mobile app as well as a desktop version.
You can customize the charts and access a variety of chart types, so you can analyze market fads accurately. However, it’s worth noting that NinjaTrader does not integrate with MetaTrader platforms, a consideration for traders accustomed to MetaTrader’s benefits.
Remember that you can use the NinjaTrader demo account for practice.
Account Usability and Tools
Now, let’s talk about account usability. Creating an account with NinjaTrader brokerage is hassle-free. To access advanced features, you must deposit the required amount. We will elaborate on this later on!
Once they deposit, traders gain access to plenty of trading tools, including charting, technical analysis, and live trading. The installation process is user-friendly, allowing people to set up their accounts swiftly and start trading without delays.
NinjaTrader Commissions and Fees
Understanding all the financial aspects is vital. NinjaTrader forex broker requires an account minimum of $400 for futures trading and $50 for forex trading. Futures contracts are priced from $0.25 per contract (or from $0.09 per Micro contract), while FX trading operates on a bid-ask spread cost basis.
NinjaTrader provides a range of pricing plans, guaranteeing traders can select an option that suits their trading frequency and budget. It’s crucial to be aware of the inactivity fee of $25/month, primarily for traders with infrequent activities.
Education Materials
This business provides a collection of educational resources, including webinars, videos, and detailed docs.
Accessible to both clients and non-clients, these resources truly empower traders with important knowledge. The video library covers a wide range of topics, making it easy for you to enhance your skills and make wise trading decisions.
Funding & Withdrawal
As we mentioned before, to start trading, a minimum deposit of $400 is required for futures trading, and forex traders can begin with $50.
Notably, NinjaTrader only supports deposits via bank transfer. While this method is secure, some traders might find this limitation inconvenient, especially those accustomed to using e-wallets or crypto coins.
NinjaTrader Support: Your Reliable Partner
This broker takes pride in its responsive customer support, available 24/5. Traders can reach out via email at [email protected] or by phone at 1.800.496.1683 for immediate assistance.
NinjaTrader’s commitment to providing excellent customer support ensures traders have access to timely help whenever needed.
Reviews on Trustpilot: Real Insights from Users
This company shows off optimistic reviews on Trustpilot, with a rating of 4.0 stars. This is extremely positive for us to see.
Traders praise NinjaTrader for its smooth withdrawal processes, easy platforms, and efficient support. This positive feedback highlights NinjaTrader’s reputation as a reliable and modern trading platform.
Can I Make Money From Online Trading?
This is a million-dollar question for many people. Indeed, online trading can be profitable if you understand the markets. Know that we offer free consultations to guide traders, providing valuable insights and support.
Besides, we introduce the AI Analysis Bot, a smart tool designed to assist traders with data-driven trading advice. With access to helpful insights and actionable recommendations, traders can boost their strategies and make well-informed decisions. Take advantage of this before the time runs out!
Long Story Short: NinjaTrader
So, in trading, NinjaTrader stands as a user-friendly, reliable platform. Its simplicity, combined with its robust features, makes it an appealing choice for both beginners and experienced users.
While it has certain limitations, such as the lack of popular payment methods, NinjaTrader’s strengths, including its regulatory compliance, solid pricing, and responsive support, make it a good option for traders looking for seamless and reliable trading. You can try out online trading with NinjaTrader, your straightforward gateway to profitable trading.
Also, to discover other safe options, remember to contact us! We’re here for you!
FAQs
What is NinjaTrader?
NinjaTrader is a modern trading platform ideal for active traders.
Is the NinjaTrader demo free?
Yes, NinjaTrader offers a free demo version.
How much is it to open a NinjaTrader account?
To open a NinjaTrader account, a deposit of $400 for futures trading or $50 for FX trading is required.