FX with Ninja Trader Brokerage | Forex Factory

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FX with Ninja Trader Brokerage

  • #1
  • First Post: Apr 7, 2015 9:46pm Apr 7, 2015 9:46pm
Good news for the ninja trader users. Ninja trader is now offering FX trading with their own brokerage:

https://www.ninjatraderbrokerage.com/forex_broker
  • #2
  • Apr 8, 2015 5:53am Apr 8, 2015 5:53am
Ninja Trader Brokerage is just an IB for FXCM in regards to FX.

http://www.financemagnates.com/forex...rage-services/
  • #3
  • Apr 8, 2015 6:36am Apr 8, 2015 6:36am
Quoting mitch77
Ninja Trader Brokerage is just an IB for FXCM in regards to FX. http://www.financemagnates.com/forex...rage-services/
Yeah, but it is still attractive if you are a lifetime licence holder and I'm already a client of Ninja Trader Brokerage. I was really not impressed when I did a demo of the FXCM Active Trader price feed for the ninja trader platform - there was at least 0.4 pips of added spread compared to my mt4 broker at that time. I certainly hope this is as good as they claim - but we will see
  • #4
  • Apr 8, 2015 7:28am Apr 8, 2015 7:28am
Quoting fido
{quote} Yeah, but it is still attractive if you are a lifetime licence holder and I'm already a client of Ninja Trader Brokerage. I was really not impressed when I did a demo of the FXCM Active Trader price feed for the ninja trader platform - there was at least 0.4 pips of added spread compared to my mt4 broker at that time. I certainly hope this is as good as they claim - but we will see
Indeed it is an attractive offer for current licence holders.
All the best with your trading!
  • #5
  • Apr 8, 2015 7:47am Apr 8, 2015 7:47am
Thats $40 per million - double of what IB charges. How is that even remotely attractive.
  • #6
  • Apr 8, 2015 3:54pm Apr 8, 2015 3:54pm
Quoting shrike
Thats $40 per million - double of what IB charges. How is that even remotely attractive.
That $40 per million might be roundturn from the calculation examples shown. If it's $40 per million per side then no, it's not worth it. WHY would I pay a commission, a non-competitive commission that is AND spread to trade with a market maker?

Out of all of the brokers that Ninja Trader could partner with, they had to partner with a market maker?
Make your losses in demo. Earn your profits live.
  • #7
  • Last Post: Apr 9, 2015 4:50am Apr 9, 2015 4:50am
Their "brokerage" is the same crap as is their cheesy software.
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