NinjaTrader Brokerage Services (www.ninjatraderbrokerage.com) | Reviews of Brokers and Data Feeds


futures.io - futures trading strategies, market news, trading charts and platforms


Reviews of Brokers and Data Feeds


Review and discuss futures brokers, their requirements and features, or ask questions about brokers and data feeds




 

NinjaTrader Brokerage Services (www.ninjatraderbrokerage.com)

  #66 (permalink)

Kirkland, WA/United States
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Optimus/Vision/Rithmic
Favorite Futures: Futures
 
LightWeight's Avatar
 
Posts: 138 since Jul 2012
Thanks: 138 given, 42 received

I actually just left my account with Dorman after having had the worst experience I've yet had in trading with them, wouldn't go near them with a 10 foot pole. Two separate statement errors in the same 1 week or so period, both showing me as holding a position overnight when in fact I was not, and one of which led to a 15 point loss on my end after not realizing the position reporting was inaccurate due to their statement error. No overnight trade desk (I see Ninja is offering that, but I don't know how that works if the FCM itself has no one there 24 hours), and terrible margins -- I'm talking 50-70% on many contracts. The intraday margin I had on NG for example was $2000, when current overnight is $3080. Maybe Ninja accounts will get a better margin policy, but that's not what I had during my time with them. I'm certainly hoping this is a positive change as a lifetime Ninja license holder, but I really don't like the brokerage options being limited for new customers going forward, or that Ninja is vertically integrating as others have said.

Think big, think positive, never show any sign of weakness. Always go for the throat. Buy low, sell high. Fear? That's the other guy's problem. In this building, it's either kill or be killed. You make no friends in the pits and you take no prisoners. One minute you're up half a million in soybeans and the next, boom, your kids don't go to college and they've repossessed your Bentley. Are you with me?
Reply With Quote