15 Best Ninjatrader Forex Brokers

Intro

There are many platforms that you can use for online trading. Some are designed for professionals, while others are beginner-friendly. In this article, we review the 15 Best Ninjatrader Forex Brokers in the world and give you an honest opinion on each broker.

Despite what other reviews might say, the list of brokers that support this platform is very short and you will only be able to access the platform through NinjaTrader directly or by using one of our recommended brokers.

NinjaTrader is an award-winning online trading platform that was founded in 2003. This platform is a popular choice for trading Futures, Stocks, Forex and CFDs.

NinjaTrader is trusted by more than 500,000 traders worldwide and is the preferred trading software for over 600 brokers and vendors globally.

NinjaTrader is available in 150+ countries and is owned by NinjaTrader Group LLC.

 

What is NinjaTrader?

Features of NinjaTrader?

 

The main features of NinjaTrader are as follows:

• Real-time chart analysis
• Live Market data
• Advanced alerts and custom notifications
• 1,000+ apps and add-ons
• 100+ technical indicators
• 10+ chart styles
• Intuitive order management interface
• Educational videos and guides
• Free EOD historical data
• Free product training webinars

 

Standard Features:

• Advanced Charting
• Trade Simulation
• Strategy Back-testing
• Real-Time Scanner
• Market Playback
• Custom C# NinjaScript Development

 

What type of apps and add-ons does NinjaTrader offer?

NinjaTrader offers a variety of apps and add-ons that can be used to enhance your trading experience and refine your strategies. These apps are available in English, German, Russian and Spanish.

You can filter your apps based on the instruments you trade, which can be Equities, Forex and Futures. You will also be able to filter add-ons by vendor (if you are already trading through a specific company).

 

Apps and Add-ons by category:

• Automated Strategies(176)
• Chart Styles(22)
• Drawing Tools(16)
• Indicators(589)
• Market Analyzer Add Ons(16)
• Other(38)
• Programming Services(71)
• SuperDOM Add Ons(7)
• Trading Education(176)
• Utilities(56)

 

By trading style:

• Chart Patterns(210)
• Divergence(92)
• Fibonacci(84)
• Market Profile(122)
• Momentum(259)
• Order Flow(198)
• Price Action(595)
• Scalping(234)
• Support/Resistance(382)
• Trend(439)
• Volatility(137)

 

What is NinjaTrader used for?

NinjaTrader can be used to visualize the markets using advanced charting software and it can also be used to analyze price movements through order flow, volumetric bars and market depth data.

NinjaTrader is FREE to use for advanced charting, backtesting and trade simulation. If you are new to trading or testing strategies, you can use the trading simulator to practice in a risk-free environment using virtual currency.

By using NinjaTrader’s high performance backtesting engine, you can easily simulate your automated trading strategies using historical data to analyze the performance of your strategies.

NinjaTrader is an excellent choice if you are automating your trades. Using this platform, you can build, test and deploy automated strategies with only one click and you do not need programming knowledge, but C# is the supported language if you would prefer to program your own strategies.

 

How to use NinjaTrader

1. Start by opening an account:

Step 1: Launch the NinjaTrader website

Step 2: Click on the “Open account” button

Step 3: Enter your email address and click on “Sign up”

 

2. Once you’ve opened an account, choose a plan:

There are 4 plans to choose from and you have the option of using the platform for free.

 

3. Download the software.

 

Our 5 Best NinjaTrader Forex Brokers:

🏆 FOREX.com

🏆 City Index

🏆 FXCM

Interactive Brokers

NinjaTrader Brokerage

TD Ameritrade

 

FOREX.com

FOREX.com is regulated by 6 international jurisdictions and operates as part of StoneX Group inc., with a total equity capital of $800 million.

FOREX.com offers trading courses based on trading experience that can be used along with a glossary and detailed trading and analysis guides.

Traders have access to market news and research that is updated on a daily basis and are provided with SMART Signals, performance analytics and a variety of innovative platform tools.

 

FOREX.com Pros and Cons:

✔️Pros	❌Cons
Rebate program for high-volume traders	Not regulated by CySEC
Low minimum deposit	Penalty fee for inactivity
Withdrawals and deposits are free	Difficult to find detailed account information
Customizable charts

 

City Index

City Index is a subsidiary of StoneX Financial Ltd. and GAIN Capital Holdings Inc.

City Index is a popular broker for Spread Betting and CFD trading and this broker has more than 1 million clients.

The City Index academy has plenty of helpful guides and tutorials to help you learn the basics if you are new to trading.

 

City Index Pros and Cons:

✔️Pros	❌Cons
SMART Signals	Inactivity fees
Beginner-friendly	High Stock CFD fees
Free deposits and withdrawals	No crypto
Reuters newsfeed

Advantage: 13,500+ CFD instruments

 

FXCM

FXCM was founded in 1999 as a UK-based broker and now has international offices and a reputation for providing a high standard of services.

Platforms supported by FXCM include NinjaTrader, MetaTrader 4 and 5, ZuluTrade, and the FXCM proprietary trading platform.

Traders can also use FXCM to access additional platforms such as Sierra Chart, MotiveWave, QuantConnect and AlgoTerminal.

 

FXCM Pros and Cons:

✔️Pros	❌Cons
Fees on stocks and ETFs are low	Product offering may seem limited
Accounts are easy to open	Mobile platforms are outdated
Trading fees are affordable	AUDUSD trading fee is high
Withdrawals are free
Advanced charting and analysis tools

 

Interactive Brokers

Interactive Brokers is a popular online broker that was founded in 1978 and is one of the oldest brokers in the industry.

This broker offers more than 7,000 CFDs and a variety of Stocks, Options, Forex pairs and other instruments.

Interactive Brokers provides plenty of educational resources and is a beginner-friendly broker.

 

Interactive Brokers Pros and Cons:

✔️Pros	❌Cons
No minimum deposit	limited leverage
20+ base currencies	no swap-free account
beginner-friendly
7,000+ instruments

 

NinjaTrader Brokerage

The NinjaTrader Brokerage is a popular choice for trading futures. With this broker, you can trade futures 24 hours a day, 6 days a week.

You can also trade a variety of stocks, options, Forex pairs and CFDs through the NinjaTrader Brokerage. Additionally, you can trade Micro E-mini Futures, Micro Bitcoin Futures, Nano Bitcoin Futures and Micro Crude Oil Futures.

Trading through the NinjaTrader Brokerage will give you FREE access to the platform.

 

NinjaTrader Brokerage Pros and Cons

✔️Pros	❌Cons
Low commissions	Limited account info on website
Low trading costs
Access to free version of platform

 

TD Ameritrade

TD Ameritrade has no initial deposit requirement for you to start trading with them and they offer ETFs, Cryptocurrencies, Stocks, Bonds, Futures, Options, Forex pairs.

The thinkorswim platform is native to TD Ameritrade and it is the only platform available for use with the accounts offered by TD Ameritrade.

This is primarily a US stockbroker and it is suitable for beginners.

 

TD Ameritrade Pros and Cons:

✔️Pros	❌Cons
No minimum deposit	1 base currency
Multiple accounts	Only US stocks offered
Strategy tester tools
USA clients accepted

 

Conclusion

NinjaTrader is a powerful platform with many advanced charting features and trade automation capabilities.

This platform is beginner-friendly but you can easily program your own trading strategies if you would prefer to do so.

NinjaTrader can be used for free and this platform competes well with other software, such as MetaTrader 4 and 5.

 

 

We hope that this review of our 15 Best Ninjatrader Forex Brokers will help you find a broker that aligns with your trading goals so that you can trade with confidence and peace of mind.

Good luck with your trading!

 

FAQ

What is NinjaTrader?

NinjaTrader is a trading software suite that can be used for automated trading, backtesting, trade simulation and advanced charting.

 

Which Forex brokers offer NinjaTrader?

There are 6 main brokers that support NinjaTrader:

• City Index
• Forex.com
• Interactive Brokers
• FXCM
• NinjaTrader Brokerage
• TD Ameritrade

 

(No other brokers are currently listed on the official NinjaTrader website).

 

Which devices are not compatible with NinjaTrader?

Mac OS

 

What are the costs involved with NinjaTrader?

You can pay $60 per month for the Lease version or $1,099 once-off for a lifetime subscription. You can use this platform for free when you subscribe to the Free version or the Simulation version.

 

Does NinjaTrader have a mobile app?

Traders who use NinjaTrader, or who wish to use it, can use the companion CQG mobile application available for download on iOS and Android.

 

Disclaimer

Remember, 75% of retail investors lose money when trading CFDs and there is a high risk of losing your capital in the forex markets.

The information on this website is in no way intended to be used as financial advice and opening an account with any broker is done at your own discretion and risk.