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Ninjatrader and Free Market Data Feed


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  #1 (permalink)
waqarshah
London, UK
 
Posts: 15 since Oct 2014
Thanks Given: 2
Thanks Received: 3

Hello

Can someone clarify this (im a newbie)- if i go live with NinjaTrader (Lease License ) do i get free market data feed from them or would i need to subscribe to someone like kinetick to get the market data into Ninjatrader.

Ive been looking at Multicharts .net 9.1 v Ninjatrader and Multicharts claim all datafeed into their platform is free.
I trade only the Emini on a 5 min or 6500 volume chart

Therefore with NT you pay for software and you pay for the market data feed compared to Multichart is totally free.
Thanks

Vic


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  #2 (permalink)
 
cory's Avatar
 cory 
virginia
 
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waqarshah View Post
Hello

Can someone clarify this (im a newbie)- if i go live with NinjaTrader (Lease License ) do i get free market data feed from them or would i need to subscribe to someone like kinetick to get the market data into Ninjatrader.

Ive been looking at Multicharts .net 9.1 v Ninjatrader and Multicharts claim all datafeed into their platform is free.
I trade only the Emini on a 5 min or 6500 volume chart

Therefore with NT you pay for software and you pay for the market data feed compared to Multichart is totally free.
Thanks

Vic

Emini 5m data is not free for any broker/platform, no exception, it costs $5 a month.


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  #3 (permalink)
waqarshah
London, UK
 
Posts: 15 since Oct 2014
Thanks Given: 2
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cory View Post
Emini 5m data is not free for any broker/platform, no exception, it costs $5 a month.


So If i go with NinjaTrader as my broker would i have to pay them on top to provide me market data feeds- i only use 6500 volume chart on the ESmini?


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  #4 (permalink)
 
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 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
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waqarshah View Post
So If i go with NinjaTrader as my broker would i have to pay them on top to provide me market data feeds- i only use 6500 volume chart on the ESmini?

emini data belongs to CME, this is CME fee, no exception. If a broker says it's free then that broker will pay the fee for you. With this knowledge ask any broker do they want to pay the fee for you when you try to decide which is the best for you.


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  #5 (permalink)
waqarshah
London, UK
 
Posts: 15 since Oct 2014
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cory View Post
emini data belongs to CME, this is CME fee, no exception. If a broker says it's free then that broker will pay the fee for you. With this knowledge ask any broker do they want to pay the fee for you when you try to decide which is the best for you.

Thanks for this = however going to back to my original question does leasing or purchasing the license of ninjatrder and using them as my broker give me the market data feed in the price or do I still have to go elsewhere to subscribe to it?


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  #6 (permalink)
 traderwerks   is a Vendor
 
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waqarshah View Post
Thanks for this = however going to back to my original question does leasing or purchasing the license of ninjatrder and using them as my broker give me the market data feed in the price or do I still have to go elsewhere to subscribe to it?

I believe they will pay your data fee for you as long as you make a trade or two a month in a funded account.


Math. A gateway drug to reality.
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  #7 (permalink)
 
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 nathanologist 
Burlington, Vermont
 
Experience: Beginner
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waqarshah View Post
Thanks for this = however going to back to my original question does leasing or purchasing the license of ninjatrder and using them as my broker give me the market data feed in the price or do I still have to go elsewhere to subscribe to it?

You can use the direct edition for free, or any of the other paid licenses. If you use them as your broker you get continuum data for $5 per... whatever they're called, or $15 for all 4 of them. The FCM deducts the data fees from your account on the 1st of the month.


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