Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
This could be a loaded question to some! Personally I like tradestation as they have free data. With the free data you also get a demo account where you can practice trading. Tradovate also has a great demo with a very low deposit. You will have to pay for data. I'm only giving you options that have these demo platforms so that you can learn order entry etc. These platforms could also not be for you. I am adding that as a disclaimer. I do love both because they both have tradingview charting integration. It's important to sim.for a bit before you drive. It sucks when you make a mistake and place a trade you didn't mean too and on the wrong contract month. Least with free data you can learn and it not cost you anything.
Disclosure: This communication is sent to you by NinjaTrader, LLC, a software development company which owns and supports all proprietary technology relating to and including the NinjaTrader trading platform.
I would suggest starting with Ninja Trader. They are the easiest to get up and running. From what I have seen over the years most traders start with Ninja. Then you can expand outwards to other trading platforms based on your needs and what direction you go as a trader.
With that said; understand the risk of trading futures. Its easy to blow up your account if your new to trading futures. Its brutal. Take some time and learn the ropes. Trade small have a plan for getting in and out of trades. Read through some of the journals on FIO. Realize your not going to get rich overnight unless your a savant.
I would certainly give a look to "Tradingview" if you are into cloud based platform.
While it is not very popular for some unknown reasons on FIO, it is very much beginner friendly and also has very large open source support community built around it.
Broker: Interactive Brokers & Taiwan local brokers & AMP Futures
Trading: Stocks, Commodity & Index Futures
Posts: 117 since Jan 2017
Thanks Given: 135
Thanks Received: 100
HI, I think it is impossible to demo tradestation without fund the account.
I opened an account with them few years ago, and I want to demo platform first, they told me I should fund first,
they really insist that only after fund can demo platform, and I searched the net I found many negative review of TS about withdraw fund, so I give up.
And I think TS doesn't like international trader, bcz if I traded stock with them, I would be charged per-trade 5 dollars , however US-resident charged 0 if they fund their account more than 2000.
I really can't understand why they charge more to international trader, I feel discriminated about their international plan.
Broker: Interactive Brokers & Taiwan local brokers & AMP Futures
Trading: Stocks, Commodity & Index Futures
Posts: 117 since Jan 2017
Thanks Given: 135
Thanks Received: 100
Thanks your concern, but I think there is different between our case.
Your case is result from regulated.
However my case is not result from regulated,
bcz at IB or TDA the trading fee of stock is the same for everybody(no matter whether you are US resident or not).
That is why I think TS discriminate international trader.
Actually, TradingView is mentioned frequently on FIO, always as a serious platform, and there are often posts with charts from it, like any other relatively popular platform. It isn't either NinjaTrader or Sierra Chart, but it doesn't have the market share of them either.
I would not feel as if it is underappreciated. I think that is more in your perception than the reality.
And it is a nice platform that can connect to many brokers, and new traders can try it with delayed demo data for free.
There are other avenues as well. Can we have more suggestions from others, to help out starting traders?
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
