NinjaTrader has not raised it's platform pricing (not even for inflation) for 7+ years. We will release new advanced platform features exclusive to our brokerage in 2015. Any NinjaTrader brokerage clients will be protected from any potential price increase as a result of the introduction of these new features.
The following user says Thank You to NinjaTrader for this post:
Thank you for taking the time to respond. You make a very fair point about no price increases for 7+ years. So, I think I should better articulate my concern.
It seems to be that intentionally or unintentionally, you guys are going the way of creating ecosystem whereby clients using NT through you guys will be treated differently than those who use NT through another brokerage. Putting commissions aside, this could take the form of different pricing structures for the platform, different versions or features of the platform, etc.?
It just seems to me, and if I am wrong please correct me, that the eventual intentional goal or likely outcome will be the shepherding of all NT users towards the NT brokerage. It seems to me that inevitably the buying decision NT users with other brokerages will inevitably face will be along the lines of:
Why stay with my current broker when I have to pay a higher fee to use the platform?
Why stay with my current broker when the version of NT they offer does not include the x, y and z features exclusively offered by NT brokerage?
Are these questions and concerns of mine misplaced?
The following 4 users say Thank You to JTurner77 for this post:
I have a question that I have not found an answer for. If I had an active Mirus account as of January 2014 clearing through RJ'Obrien (not Dorman), do I need to submit a new application at Ninjatrader, or can the Mirus account be re-activated? If so, I assume I would have to contact Ninjatrader brokerage to obtain my Dorman account # (assuming it exists).
We value all of our clients and do not discriminate between them regardless of if they are a paying user, use our software for free or have a brokerage account with us. All users receive the same high level of service we have built a reputation for. Commissions aside, NinjaTrader Brokerage clients will have an advantage in that:
They will receive both platform and brokerage support from a single source
They will have access to features only made possible by owning the brokerage. I believe that as a platform provider, we need to provide our clients with a seamless trading experience between desktop and mobile. I also believe that moving desktop features to the server such as ATM strategies and simulation will be extremely well received by traders. I could not deliver on this vision as a standalone platform provider, it was technically and economically unfeasible. It can only be done by controlling both the brokerage and the technology which was one of many reasons for acquiring Mirus Futures. I discuss in much greater detail in my July 2nd webinar.
We have no plans on changing our pricing at this time. In our 10+ year history, we have always grandfathered in pricing and features for existing clients. We still have clients that pay us $20 per month...the price of NinjaTrader Version 1 in July of 2003! My references to price guarantees is simply to re-enforce a policy we have operated under since our inception.
I don't feel you should have any concerns.
The following 4 users say Thank You to NinjaTrader for this post:
Search for Global Futures and for Vision Financial on futures.io (formerly BMT). There are threads reviewing those brokerages, and threads contain links to the NFA actions.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
The following user says Thank You to Big Mike for this post: