NinjaTrader

A great charting platform... and free!

NinjaTrader fills a niche and it fills it well. Most importantly when compared to all of the other choices out there is that it is 100% free. They do have a permanent version as well as their own brokerage (with competitive fees), but the fact that anyone can download and be up and running within 10 minutes is impressive.

I do prefer TradingView, eSignal and TradeStation, but that's not taking much away from the fact that NinjaTrader is still a fantastic platform with plenty to offer. Users will appreciate how easy it is to connect to virtually any datafeed/broker, and the speed of the platform and navigating is top-notch. The only thing I found to be slow was when using the Market Analyzer to run scans, which slowed down my system a lot when using 100+ symbols.

All in all it's a solid charting platform that is more than sufficient for casual traders, though advanced users may find themselves wanting a bit more...

Trust Score

4.4

User’s Review Ratings

Overall

Company of LIERS app not working as expected and not support

hello,

I purchased the app from this guys just to find out that its not 100% compatible with IB, i even got them to admit to it and now they have just disappeared and do not provide support and are being very rude.... save your $999

DO NOT BUY THIS APP LIER OF A COMPANY.

Trust Score

1.0

User’s Review Ratings

Overall

Better than others I've used

Before I decided to start using Ninja exclusively, I tried thinkorswim, TradeStation, and MultiCharts. I found the brokerage costs of TradeStation to be too high. I also though the platform was convoluted. MultiCharts has a better design, but did not offer the indicators I wanted to use. Thinkorswim was probably the easiest overall. One thing thinkorswim needs to improve upon is their support for studies. I only found a small handful of strategies to choose from. Don't get me wrong, I think a trader can accomplish a lot with a SMA and a few directional tools. But I also like the ability to crossreference a more robust trading system, and that's where I think thinkorswim falls flat.

I find that NinjaTrader has a similar interface to MultiCharts, the wide support of indicators that TradeStation offers, and the simplicity of thinkorswim. Ninja still has a learning curve, as does any platform. I wish they supported more brokers, but now that they're in the business, I think that probably won't happen. I've had good experiences with Ninja Brokerage so far, but I'd like more options just in case. I like that I was able to get to try Ninja without any obligations at first. This made it easier to switch over. Anyway, I use Ninja as my primary platform now, as it supports a few systems I like to use. I am looking forward to version 8 but staying away for now until they get all the bugs ironed out.

Trust Score

1.0

User’s Review Ratings

Overall

Expensive but worth every penny

After I've used and tested a couple of platforms I could say that Ninja Trader is the easiest to use of them all, consistently stable and accurate charting package with lots of indicators included by default and you can also import your own. The cost is high but worth it.

Trust Score

1.0

User’s Review Ratings

Overall

Streamlined and easy to use once you get the hang of it

I use NinjaTrader as my sole trading platform. I think it's intimidating for many people at first - it certainly was for me. I highly recommend attending one of their webinars or watching some of their videos.

You don't need to pay anything to use the NinjaTrader software as long as you're not trading with real money. As soon as you want to trade with real money, you have to buy a license from NinjaTrader. You also have to set up an account with a broker.

I wish the live data situation was made clear. After installing NinjaTrader, I assumed the simulated data feed was a built-in live data feed for the markets I wanted to trade. Wrong. I found out later that it's a sort of random number generator. To get live data, you have to apply for it on their website. They sent you a data feed that is good for two weeks. I am not sure how many times you can request a new data feed. It would be great if there wasn't a limit, because two weeks is not really enough time to evaluate a platform. If you have an existing account with a broker, you may be able to connect to it within Ninja. Also, Ninja has free end of day data, but I find it useless because I want to trade based on what I see live in front of me.

Overall, the platform has been fairly stable. I like how everything is in its own window. There are a ton of indicators included by default, if that's your thing. You can also import your own.

I like how the Market Replay works. I can play back market data for practice.

I had a couple questions and they were answered quickly via email. It would be better if they provided a phone number on their site.

I see no reason to switch to a different platform. It's Ninja for me!

Trust Score

2.2

User’s Review Ratings

Overall

Great value for Futures Trading

After trading futures with IB for many years I made the switch to Ninja Trader for many reasons. First, the cost is much less for the platform, execution commissions, and data. Second, the email customer service was very good and the software is very easy to use compared to the others in this industry. Third, its light and stable and doesnt slow down my laptop when im traveling for work. I think this is a great fit for new and experienced traders for futures (they dont offer much for equities or forex at this time).

Trust Score

1.8

User’s Review Ratings

Overall

Ninja Trader Puts Its own trades in

I have had trades put in and cancelled from the software. Ninja Trader support blamed me. They have a software problem that they will not admit to. I was exposed with no stop on one. I had another that cancelled my targets and stop without my input. This software can be very dangerous if you are trading Forex or Futures.

Trust Score

1.0

User’s Review Ratings

Overall

Very good charts, easy to use

I have used many different charting software packages and I think ninja trader is the easiest to use, consistantly stable and accurate charting package. I have traded forex and futures on ninja trader and they have both traded well. the biggest reason i gave this a 5 star review is because they have excellent support and the cost is very low, i bought my license for less than 1000USD and I never pay another cent again and the email support is fast and reliable. i hope this review helps.

Trust Score

1.1

User’s Review Ratings

Overall

Perfect for serious futures traders

A friend of mine turned me onto Ninja Trader a few months ago when I noticed that Ninja had a LOT more features than my TOS platform. The biggest difference for me was the ability to use Replay and develop my own tools which wasnt available for TOS. Ninja costs more than TOS but you always 'get what you pay for' and I think the cost of Ninja is well worth the price.

Trust Score

1.6

User’s Review Ratings

Overall

Best value for the money, while it lasts

I have been a ninja trader client for many years and used their platform for futures trading. they have the best features for the cost, the platform is very easy to learn and reliable to use...the ONLY issue I have with Ninja Trader is that they now have their own brokerage and have cut out all the other brokers, which gives them a clear monopoly until another charting/execution platform comes along... so I expect the service and support to suffer in the future. But for now... Ninja Trader is your best option for trading futures in my opinion.

Trust Score

1.0

User’s Review Ratings

Overall