Ninja Trader Broker in Australia

Can anyone recommend an Australian broker that offers Ninja Trader.

I would like to expand from just Forex to Futures, and would like to be able to trade both on Ninja Trader.

IC Markets

Hi Mystic,

FXCM offers Ninja Trader. We are regulated by ASIC and have an office in Sydney.

Jason

FXCM are very reputable.

Thanks for the replies. I'm checking them out.

Peter

they don't offer this, looks like they just refer you to a firm that does

platform is listed on the same menu as InteractiveBrokers, and Thinkorswim ~~ they don't offer these other company's platforms either

Ninjatrader official website have a list of brokers that support ninjatrader platform. You can have a look.

but very expensive ... if you use a Ninja Trader / MT4 bridge you will have a lot more brokers to choose from.

It's important when comparing spreads between brokers to keep in mind whether there are any additional commissions. For example, FXCM charges no commission on top of our spreads. Below is a snapshot I just took from the real-time spreads table here on Forex Factory comparing brokers regulated in Australia. As you can see, our spreads compare favorably with other Aussie brokers that don't charge commissions.

http://img850.imageshack.us/img850/1052/dmxn.png

Spreads are important, but they are just one factor out of many to consider when choosing a broker. For example, FXCM clients who open an account with at least $5000 and trade at least 500k in notional volume per month can get a free NinjaTrader software license. Those who prefer the MT4 platform can get free VPS by maintaining an account balance of $5000 with no additional requirement on trading volume.

However, the most important factor to consider when choosing a broker is the safety of your funds. At FXCM, we seek to provide competitive spreads while also delivering great execution and a safe place for you to keep your money. It's no secret that the brokerage industry has been in the midst of a price war for the past couple of years. That combined with lower trading volumes last year have caused many brokers to struggle. There was even a broker in Europe that went bankrupt after trying to entice clients with 0 pip spreads. Last year also saw the failure of a US broker that had previously touted their razor thin spreads. And while we're on the subject of Australia, this year saw the failure of an Aussie broker.

If recent events have taught us anything, it's that the financial stability of the broker you choose can have far greater implications than we previously thought. Unfortunately, the vast majority of forex brokers are privately held companies, so it's hard to know the state of their finances. Are they profitable, or are they barely staying afloat? How can you know whether they are safe place to keep your money?

FXCM is a publicly-traded company (NYSE ticker: FXCM), so information regarding our financial data is readily available. This is one of the reasons why traders have entrusted us with $1.171 billion in client funds as of the latest publicly available data.