<\/span><\/h2>\n\n\n\nFutures are derivative contracts that generate profits from other assets such as indices, commodities, and Stocks. These financial assets are well-known in the trading sector because they are used in risk management strategies such as hedging. These risk management strategies are used by most traders to curtail losses.<\/p>\n\n\n\n
Trading futures contracts enable traders to have access to stocks and other financial assets without the need of purchasing the underlying asset. The profits are generated based on the volatility of the market. If the market moves in the position picked, it indicates potential profits, and if the market moves in the opposite direction, it indicates a loss. To trade a futures contract only a portion of the total equity is required, which is the 10% margin.<\/p>\n\n\n\n
For example, if a trader invests $7,000 into Tesla (Tsla) stock priced at $700, the trader can only purchase 10 stocks, or a futures contract worth 100 Tesla stocks. For instance, there is a 10% margin for 100 Tesla stocks. If the value of Tesla increased by $35 the retailer who traded with $7,000 in a futures contract holding 100 tesla stocks would generate an income of $3,500, compared to a $350 revenue when trading the underlying stock.<\/p>\n\n\n\n
Future contracts generate a big volume of trades daily which results in high liquidity. With a constant inflow of traders in the future market.<\/p>\n\n\n\n
NinjaTrader provides access to numerous options markets for futures traders such as CME, COMEX CBOT, and NYMEX. Trading options on the futures market provide traders access and right but not an obligation to either buy or sell an underlying futures contract at an agreed price on or before the fixed expiration date.<\/p>\n\n\n\n
Traders can also have access to the Forex markets, commodities, or indices by trading futures like E-Mini, and E-micro futures. The E-Mini NASDAQ 100 Futures, E-Mini Crude Oil Futures, E-Micro EUR\/USD Futures, EUR\/USD Futures, and E-Micro EUR\/USD futures, etc.<\/p>\n\n\n\n
<\/span>Ninjatrader Features<\/strong><\/span><\/h2>\n\n\n\n<\/span>Ninjatrader Trading Technology<\/strong><\/span><\/h3>\n\n\n\nNinjaTrader’s main data provider for its live brokerage accounts is the CQG Continuum. However, monthly data fees are charged with a full option for market depth. However, in the middle of 2019, the trading platform released a new version that allows its traders to get top-of-book data for lesser fees.<\/p>\n\n\n\n
Data fees are based on the exchange. For instance, a full market depth on CME is charged $7 per month. If you want to access additional instruments, you can apply for the CME bundle, which consists of CME, COMEX, NYMEX, and CBOT, charged at $21 per month.<\/p>\n\n\n\n
These features allow the trader to play, pause, and rewind previous price data on a tick-by-tick basis. This is done using the NinjaTrader’s Market Replay option, a feature that enables backtesting, trade practice, etc.<\/p>\n\n\n\n
<\/span>Ninjatrader Accessibility<\/strong><\/span><\/h3>\n\n\n\nNinjaTrader offers a free account that allows live trading, free charting, and free market analysis. However, this account had to be funded with at least $400 for futures and $59 for Forex. Note: for SIM trading you don’t need a funded account. Installing the software is straightforward and user-friendly. Installation is easily done, after the installation, traders are given access to market charts, enabling traders to easily customize these charts and incorporate indicators.<\/p>\n\n\n\n
The platform is filled with lots of equipment and resources, and knowing how to fully navigate these features might take a little while. Thankfully, NinjaTrader offers free daily webinars to aid traders. They offer various webinar topics like one-click order entry, strategy automation, how to create a workspace, fundamental chart formation, and connecting to data.<\/p>\n\n\n\n
One of the best features offered by this trading platform is the ability to trade using a SIM account. SIM trade is very important, especially for new traders, who do not understand the ins and outs of the market. This stimulating trading helps them to get awaited with the trade g platform and could cause costly mistakes such as making a wrong trade entry, like hitting the SELL instead of BUY. It also helps new traders test their trade g plan and strategies before going live.<\/p>\n\n\n\n
<\/span>Ninjatrader Tradable Assets<\/strong><\/span><\/h3>\n\n\n\nNinjaTrader provides various financial assets. They offer about $500 for popular futures markets like the Mini-Dax, the E-mini S&P 500, and $50 intraday margins for Micro contracts.<\/p>\n\n\n\n
NinjaTrade accepts only futures and options on futures trading. That means trading other tradeable assets such Forex, stocks, commodities, indices, and cryptocurrencies requires the connection of your broker account to NinjaTrader. There are numerous brokers patterning with NInjaTrader that can easilybe connected with. These brokers are highly regulated and provide a good trading environment for their clients.<\/p>\n\n\n\n
The Futures Exchange Supported By Ninjatrader Includes:<\/em><\/strong><\/h4>\n\n\n\nEUREX<\/p>\n\n\n\n
CBOT<\/p>\n\n\n\n
ICE<\/p>\n\n\n\n
NYMEX<\/p>\n\n\n\n
CME<\/p>\n\n\n\n
COMEX<\/p>\n\n\n\n
ICE UK<\/p>\n\n\n\n
<\/span>Ninjatrader Customer Care Service<\/strong><\/span><\/h3>\n\n\n\nThe trading platform offers 24 hours 5 days a week customer service. They also provide a 24-hour trade desk for live trade orders and emergencies. The live chat support is accessible on weekdays via the NinjaTrader website, and they reply promptly. You can access all these support channels by visiting their contact us page on their website. They can also be contacted via Email, call, or by filling out a request form. They also have their social media accounts linked to their website.<\/p>\n\n\n\n
The platform also provides a support forum, which is a good place for questions and answers. The support forum is grouped into five different sections:<\/p>\n\n\n\n
The News and Announcements<\/p>\n\n\n\n
The NinjaTrader 7 (legacy release),<\/p>\n\n\n\n
The Suggestions and Feedback.<\/p>\n\n\n\n
The NinjaTrader 8 (the current release)<\/p>\n\n\n\n
The NinjaScript File Sharing<\/p>\n\n\n\n
<\/span>Ninjatrader Educational Materials<\/strong><\/span><\/h3>\n\n\n\nThe trading platform provides a wide range of educational materials. These materials include educational webinars, videos, and documentation. They provide daily recorded videos, and webinars to help traders navigate the market sector, and also make important trading decisions. The video library is divided into numerous parts, such as Strategy Backtesting and Optimization, Order Entry, Market Analyzer, Charts, and SuperDOM. This grouping makes it easier for traders to easily find what they are looking for. They also have a blog where they publish articles and educational content. These contents can easily be accessed on their website for free, by anyone either registered or not.<\/p>\n\n\n\n
Except for the provision of advanced charting tools and market depth provided by the platform, they lack resources that provide more information within the platform. As earlier stated, this trading platform is limited to a particular financial asset, it is focused on forex trading and active futures. Judging by that, they do not provide educational tools or trading tools that complement other financial assets. NinjaTrader platform only provides indicators and customizable features that compliment the future and forex trading platforms.<\/p>\n\n\n\n
Educational content such as economic calendars, financial statements, and news associated with other financial assets are not featured on the platform. For a trader who is interested in trading other financial assets, it is paramount to find other fundamental mediums that provide the needed educational content.<\/p>\n\n\n\n
<\/span>Ninjatrader Commission And Fees<\/strong><\/span><\/h3>\n\n\n\nThe platform provides its live data and advanced platform for free on the demo trading account. For live trading, they provide a free trade platform where you can access all the basic tools. They also offer a paid account where they provide advanced trading features with fewer commissions.<\/p>\n\n\n\n
The paid version varies, a monthly payment of $60 is charged, and a lifetime payment of $1,099. The lifetime payment comes with lots of packages such as access to numerous premium features, premium trading management, and advanced order handling. They also have access to free upgrades for life, and order flow sets.<\/p>\n\n\n\n
The platform charges low commission and margin requirements. A new account is funded with a $1,000 initial deposit and a commission of $.09 is charged per Micro contract. They also charge low commission for other day trading margins of $400 for GC and CL contracts, and $500 for ES, YM, and NQ contracts.<\/p>\n\n\n\n