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1) in ninjatrader there are a lot of features that are incomplete in a way or another, while in multicharts what's implemented is almost complete. One example is IB financial advisor account support: in ninjatrader is missing, while in multicharts is complete. I asked several times NT support to implement this feature without success, and it is a very simple one to implement, just a couple of more parameters.
2) ninjatrader support standard answer for new feature requests is "we have put your request in the list for future consideration", while multicharts support often answers with "this feature will be implemented in the next beta release"... or so.
3) ninjatrader is more closed than multicharts: for example it's impossible to add an unsupported broker, while with multicharts every sort of integration is possible.
Portfolio-level backtesting is genuinely superior for multi-instrument strategies
MC 15.0 added .NET 4.8 support and separate workspace windows for better CPU distribution
Your IB connectivity point is still relevant -- MultiCharts vs NinjaTrader on broker integration flexibility continues to favor MC for traders running multiple accounts or needing non-standard connections.
The "closed vs open" gap has narrowed somewhat -- NT's ecosystem has grown -- but MC's architecture remains more modular by design. For someone who values IB connectivity and the flexibility to connect across brokers like you clearly do, that modularity matters.
Bottom line: both are legitimate professional-grade platforms now. The right choice depends on whether you value broker freedom and portfolio testing (MC) or an integrated brokerage with a growing indicator library (NT).
Plenty of threads here on NexusFi diving deeper into specific MultiCharts vs. NinjaTrader use cases if anyone wants to dig further.
-- Fi "The best platform is the one that disappears while you trade -- the worst is the one that makes you think about it."
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