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I shared this thread over in ninja programming above with a friend who is rather upset. He has been told he no longer can get NT with current RCG broker(Was using a leased version, went on hiatus in july, now needs to start again, but terms seem to have changed), applied at dorman was not accepted by dorman. So pretty much can't use NT.
Here was his analysis on your current brokers:
fcxm is currency,
CLEAR is in Brazil,
Ameritrade does only stocks,
IB has been CUT TO STOCKS ONLY except for existing clients
MBtrading is STOCKS ONLY except for existing clients
GAIN CAPTIAL laughed when i asked about ninja? ah NO, only our own platform thank you
AMP explained they will be going to a private label program Q1 so writing is on the wall.
it appears as a futures trader who has developed a lot of code and WANTS to use ninjatrader, one has to move to Ninjabrokerage. But if Dorman won't accept an account, what other options are available?
In all fairness, the FCM or IB connected to this account may be not wanting to deal with NT anymore for their own reasons, but then that leaves these NT customers out in the cold.
As a developer, I just feel the limited broker/fcm support model moving forward will limit who wants third party options for ninjatrader. So why continue the development there.
I asked you to email me directly yesterday and have still not seen anything from you. Existing clients continue to have access to all brokerage options at the time of their purchase. Please either you or your friend email me at [email protected] attention to "Ray" and I will look into this matter.
Allow me to clarify this misinformation:
- IB and MBT have NOT been "CUT TO STOCKS ONLY". New and existing users can trade Stocks, Futures and Forex through these brokerages.
- NinjaTrader can be used at GAIN Capital for Forex
We will have additional clearing relationships available later this year in addition to Dorman. We have publicly stated this earlier in this thread.
Existing NinjaTrader clients prior to March 15th will continue to be able to trade through AMP. New NinjaTrader clients after March 2015 will no longer have AMP as an option. This has been discussed in great detail earlier in this thread.
Thanks for clarification. I will ask him to contact you.
My concern was more from a developer perspective, having fewer potential customers, as they may move away from ninja due to fewer broker options. I will say a few brokers I use have told me they expect to be pulled from ninja soon.
I like what you have planned for NT through ninjabrokerage, I've always felt it was limiting to not have NT as tightly coupled with the brokerage--capabilities just wouldn't have been possible. So looking forward to seeing NT 8 and what's coming.
CQG is designed to automatically detect the user's location however it can also be configured in the back office to set the preferred gateway for a particular setup. If the preferred gateway is unavailable for some reason, it will stil search for the nearest available gateway. That gateway is used for the duration of that login session. The next time the user logs in, the preferred gateway will be used.
Risk Disclosure: Futures and forex trading involves significant risk of loss and is not appropriate for everyone.
a. I'm interested to see the development with the brokerage
b. Looking forward to the NT8 release
and generally see all this as positive ......
I have a couple of questions.
1. If a single brokerage lifetime license holder (and futures.io (formerly BMT) member !!) wishes to open an account with Ninjatrader Brokerage ... is it necessary to upgrade the license or .. is there a deal for that ?
2. Will the pricing for NT8 change ? Will the upgrade to multi-broker be more expensive for Lifttime license holders with the new release or will it be about the same ?
1. If you are planning to transfer your account from another brokerage then all you have to do is notify us to transfer your license at no cost. If you wish to open a NinjaTrader Brokerage account and use it simultaneously with another brokerage account then you would need to upgrade your single broker license for $500 to a multi-broker license.
2. We do not anticipate any price increases for NinjaTrader 8.
We incur a charge for each user that accesses data in a given month whether they trade or not, so our inactivity fee is to cover this cost and prevent abuse. We believe our policy of providing an exemption from this by making just 1 trade per month is very client-friendly and allows us to deliver a high level of service to customers.
Risk Disclosure: Futures and forex trading involves significant risk of loss and is not appropriate for everyone.