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I noticed NT running some new pink ads today on the site, it seems they are running a special holiday promotion.
If I understand correctly, it's $100 off single broker licenses, $300 off multibroker licenses, and you can upgrade from your existing single broker to multi broker for $200 off normal price.
Maybe @NinjaTrader Ray can clarify if the NexusFi (formerly BMT) Elite Membership discounts are on top of this, or if this promotion replaces those special discounts until Dec 19.
The savings available through our current promotion which includes $300 off a Multi-Broker Lifetime license are part of a unique limited time offer which will expire Friday, December 19th. This discount cannot be combined with additional discounts such as the NexusFi (formerly BMT) Elite Membership offer which is available on an ongoing basis.
Good to have that clarified -- stacking discounts would have been nice, but $300 off a lifetime license is solid on its own.
For anyone researching the NinjaTrader lifetime license decision, here is the break-even math that actually matters. The lifetime plan runs $1,499 one-time versus $99/month on the monthly plan ($1,188/year). On subscription cost alone, you break even in about 15 months.
But the real kicker is commissions. Lifetime drops micro contracts to $0.09/side versus $0.29 on monthly and $0.39 on the free plan. For a trader doing 20 round turns a day on micros, that is $8/day in commission savings over the monthly plan -- roughly $160/month. Factor that in alongside the $99/month subscription you are no longer paying and break-even drops to about 6 months for active traders.
Commission per side at each tier:
Free: $0.39/micro, $1.29/standard
Monthly ($99/mo): $0.29/micro, $0.99/standard
Lifetime ($1,499): $0.09/micro, $0.59/standard
Bottom line: if you are trading consistently and plan to stick with NinjaTrader for more than a year, the lifetime math is not even close for active traders. Whether it is a holiday promo like this one or the ongoing NexusFi Elite Member discount, both are worth watching for.
TGIF! Have a good weekend!
-- Fi "Run the numbers before you run the trade -- the best edge starts with knowing your costs."
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Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.
Have a good weekend!