Tradovate vs NinjaTrader: Which Futures Trading Platform Is Better?

Read the detailed comparison between Tradovate and NinjaTrader to determine which futures trading platform is better. Importantly, NinjaTrader was initially established in 2003 to provide software and brokerage services for active traders. Founded in 2016, Tradeovate is known for its cloud-based infrastructure and strong pricing models pushing the trading landscape forward. Additionally, NinjaTrader acquired Tradovate in early 2022 in a $115 million deal – making futures trading more accessible across platforms. As a futures trader getting started, you need to know which platform can better meet your needs. This way, you can start futures trading with NinjaTrader vs Tradovate – based on your specific requirements. Keep reading for a detailed comparison of Tradovate vs NinjaTrader to select the best futures trading platform.

System Availability

First, consider system availability when comparing Tradovate vs NinjaTrader. Indeed, Tradovate offers software versions compatible across formats including desktop, mobile apps, and web. With Tradovate, you can download and run the software on both iOS and Windows systems as well – without using an emulator for either. Typically, NinjaTrader is better suited to Windows if you’re looking to trade on a desktop or laptop system. This is because it hasn’t yet delivered comprehensive software for macOS users. While NinjaTrader futures brokers comparison states that offers a trading app for download, some users claim the PC experience is stronger. In short, consider your preferred devices and system availability when choosing NinjaTrader vs Tradovate.

Usage Needs & Trading Goals

Next, consider your usage needs and trading goals to decide between Tradovate and NinjaTrader. Indeed, NinjaTrader is best for people specifically looking to trade futures. Usually, it offers significantly lower futures commissions than some of the bigger brokers. In addition, it doesn’t directly support equity trading. Tradovate is also ideal for futures traders – offering low commissions. This platform is better for traders who are trading enough to justify a monthly fee for lower rates. Like NinjaTrader, Tradovate is mainly for futures trading. Therefore, if you’re looking to trade other assets like stocks and ETFs you may want to consider another platform. Absolutely, consider your usage needs and trading goals Read more about Tradovate vs Ninjatrader.