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)
I am currently performing some due diligence on NinjaTrader 8 for Futures trading.
On NT8, can a user configure the following setup:
a) Trade execution – using a NinjaTrader Broker futures account with "Professional" registration. (account would be registered as “Professional” only because it is in the name of my small private company),
and at the same time ...
b) Real-time market data source - using a “Non-Professional” account in my personal name with NinjaTrader Broker for the data feed.
Can this be achieved?
Any links to the NinjaTrader website that you can provide (I have tried to find) would also be appreciated. Thanks for your help!
Hi
I think with professional they mean you have one of the "series" license. Which usually means you pay a much higher cost for everything. You can have a corporate trading account without being professional. When I first set up my Tradestation account I had pushed one of the wrong "yes" and they considered me a "professional" and that meant much higher fees. And it took tons of effort to change it. I would call them first, be careful.
Good luck,
K
I don't think using pro and non-pro is allowed to be linked.
The last time I checked, the rules were much tighter and not as flexible.
If it is possible, the pro and non-pro are separate accounts and Multi broker NT will allow you to get data from one and trade another by selecting the account when trading.
But I think, if you use non-pro data to trade a pro account, it will likely be noticed and cause issues.
Perhaps @mattz from Optimus Futures can give some advice.
Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
Yes, I agree with you @DavidHP that once you classified yourself as a professional, any account you have is associated with your professional status.
However, the OP said that he wants to establish a new company specifically for trading, and I would advise asking the FCM how they would treat it. Some FCMs consider any company a professional while others may not. I think the exchnages would also need to know whether trading is his/her primary profession.
Matt Z
Optimus Futures
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
