NexusFi: Find Your Edge


Home Menu

 





Ninjatrader Lifetime uses if no money in account


Discussion in Brokers

Updated
      Top Posters
    1. looks_one learning0101 with 2 posts (0 thanks)
    2. looks_two Zephyr with 2 posts (4 thanks)
    3. looks_3 sream93 with 1 posts (1 thanks)
    4. looks_4 bltdavid with 1 posts (1 thanks)
      Best Posters
    1. looks_one xplorer with 4 thanks per post
    2. looks_two Zephyr with 2 thanks per post
    3. looks_3 CannonTrading with 2 thanks per post
    4. looks_4 bltdavid with 1 thanks per post
    1. trending_up 2,503 views
    2. thumb_up 12 thanks given
    3. group 6 followers
    1. forum 7 posts
    2. attach_file 0 attachments




 
Search this Thread

Ninjatrader Lifetime uses if no money in account

  #1 (permalink)
 sream93 
Los Angeles, CA/USA
 
Experience: Beginner
Platform: Thinkorswim
Trading: Emini ES
Posts: 2 since Dec 2018
Thanks Given: 0
Thanks Received: 1

Hello,

I have a ninjatrader lifetime license but have moved all my money to my other broker accounts as I didn’t
didn’t like having to pay to withdraw funds and I personally experienced a lot of platform lag on my desktop.

At this time I’m not going to re-fund an account with them.

Is there any use I can get out of the platform even though I have no funds there and will not be paying for data? I’m pretty disappointed and should have done better due diligence before shelling out the $1000 to buy the platform.

Originally I had used AMP as my futures broker and thought I would be paying way less in commissions if I bought the lifetime license (definitely misunderstood the lifetime rates) and was told that Phillip capital was rolling out an ach withdrawal feature in early Q1 2020 (this was back in December 2019). Of course now the talk is the feature is indefinitely TBD if not scrapped altogether.

Just trying to see if theres any standalone use cases for the nt8 lifetime platform...



Sent using the NexusFi mobile app

Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Futures True Range Report
The Elite Circle
ZombieSqueeze
Platforms and Indicators
Are there any eval firms that allow you to sink to your …
Traders Hideout
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
 
  #2 (permalink)
 Zephyr 
Nashville, TN
 
Experience: Intermediate
Platform: TOS + NT
Broker: TBD
Trading: NQ, CL, eminiRussell +
Posts: 49 since Aug 2009
Thanks Given: 26
Thanks Received: 43

The platform can be used for strategy evaluation and backtesting., etc., but only with EOD data if you don’t have an account with the Ninjatrader Brokerage. And you don’t have to buy the platform to get this either.

If you fund a Ninjatrader account with $400, you can get live, streaming data on SIM. Just don’t log into your account for LIVE trading, or you will be charged if you don’t trade. Simply use SIM. It’s unlimited in use - at least for now. That’s a decent deal.

Your other Brokers might offer NT also. If you are having lag problems on your computer, you may have to upgrade the RAM or purchase a new rig.

Reply With Quote
Thanked by:
  #3 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,944 since Sep 2015
Thanks Given: 15,447
Thanks Received: 15,291



sream93 View Post

Is there any use I can get out of the platform even though I have no funds there and will not be paying for data?

One thing you can do is use it with Replay data. If you're not familiar with the function, you can download market data on your computer and replay it at will.

Normally you do this directly within NT if you have a data subscription but it is also available elsewhere - Assuming we're talking about NT 8, I have a few years of Replay data for CL and a few ES replay files available for free to Elite users to download in the Downloads section.

Reply With Quote
  #4 (permalink)
 
CannonTrading's Avatar
 CannonTrading   is a Vendor
 
Posts: 216 since Mar 2013
Thanks Given: 77
Thanks Received: 183


sream93 View Post
Hello,

I have a ninjatrader lifetime license but have moved all my money to my other broker accounts as I didn’t
didn’t like having to pay to withdraw funds and I personally experienced a lot of platform lag on my desktop.

At this time I’m not going to re-fund an account with them.

Is there any use I can get out of the platform even though I have no funds there and will not be paying for data? I’m pretty disappointed and should have done better due diligence before shelling out the $1000 to buy the platform.

Originally I had used AMP as my futures broker and thought I would be paying way less in commissions if I bought the lifetime license (definitely misunderstood the lifetime rates) and was told that Phillip capital was rolling out an ach withdrawal feature in early Q1 2020 (this was back in December 2019). Of course now the talk is the feature is indefinitely TBD if not scrapped altogether.

Just trying to see if theres any standalone use cases for the nt8 lifetime platform...



Sent using the NexusFi mobile app

I'm sorry about your buyer's remorse. But I did want to let you know that Phillip Capital does have ACH transfers. Cannon Trading clear's through Phillip Capital and we have been able to set up our clients with ACH transfers. You may want to check with your broker again. If not we do offer ACH transfers with Phillip Capital

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
Follow me on Twitter Reply With Quote
Thanked by:
  #5 (permalink)
 
learning0101's Avatar
 learning0101 
Houston, Texas
 
Experience: Intermediate
Platform: NinjaTrader,TOS,Etrade,St
Broker: NT:( tos,etrade,CS
Trading: stocks,options,futures,forex
Frequency: Never
Duration: Never
Posts: 287 since Aug 2011
Thanks Given: 3,613
Thanks Received: 222


Zephyr View Post
The platform can be used for strategy evaluation and backtesting., etc., but only with EOD data if you don’t have an account with the Ninjatrader Brokerage. And you don’t have to buy the platform to get this either.

If you fund a Ninjatrader account with $400, you can get live, streaming data on SIM. Just don’t log into your account for LIVE trading, or you will be charged if you don’t trade. Simply use SIM. It’s unlimited in use - at least for now. That’s a decent deal.

Your other Brokers might offer NT also. If you are having lag problems on your computer, you may have to upgrade the RAM or purchase a new rig.

Hi @Zephyr can you explain in more detail how one does this as I reached out to @NT Brokerage via email and have got no response as to how to accomplish this.
TIA

Reply With Quote
  #6 (permalink)
 bltdavid 
San Jose, CA, USA
 
Experience: Intermediate
Platform: NinjaTrader
Posts: 112 since Dec 2013
Thanks Given: 35
Thanks Received: 103


Zephyr View Post
If you fund a Ninjatrader account with $400, you can get live, streaming data on SIM. Just don’t log into your account for LIVE trading, or you will be charged if you don’t trade. Simply use SIM.

This seems weird.

As far as I know, there is no way to get real-time data unless
you connect to your account -- the real-time data feed comes
with the account.

Sure, once you've connected, you can trade Sim101 and avoid
trading real money in the live account -- but Sim101 trading
with real-time data requires you to connect to something.

Reply With Quote
Thanked by:
  #7 (permalink)
 Zephyr 
Nashville, TN
 
Experience: Intermediate
Platform: TOS + NT
Broker: TBD
Trading: NQ, CL, eminiRussell +
Posts: 49 since Aug 2009
Thanks Given: 26
Thanks Received: 43


learning0101 View Post
Hi @Zephyr can you explain in more detail how one does this as I reached out to @NT Brokerage via email and have got no response as to how to accomplish this.
TIA

I would call them for the most current information at: (312) 262-1289.

Reply With Quote
Thanked by:
  #8 (permalink)
 
learning0101's Avatar
 learning0101 
Houston, Texas
 
Experience: Intermediate
Platform: NinjaTrader,TOS,Etrade,St
Broker: NT:( tos,etrade,CS
Trading: stocks,options,futures,forex
Frequency: Never
Duration: Never
Posts: 287 since Aug 2011
Thanks Given: 3,613
Thanks Received: 222

Thanks @NT Brokerage Nate for the info.
Posting here for anyone else:

The $25 Minimum Account Activity Fee is charged to clients who login to use market data resources for sim trading but do not also live trade the minimum 2 contracts (1 roundturn) per month.
All fees are listed on our website at the following link: https://ninjatrader.com/pricing/account-fees/

Reply With Quote




Last Updated on June 4, 2020


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts