Dorman trading ninjatrader brokerage
Does Ninja have minimum requirements for net worth or account size? They gave me two choices, Dorman Trading or Phillip Capital. I have no idea what one to choose. Does it matter which one I choose?
Unless you are trading an 8 figure account and crazy volume there is no issue with liquidity in these futures markets you mentioned above, we trade them all day long every day. So no concern there. If I use Nadex spreads to trade futures One thing to note.. Im starting off with a small account and Im seeing if the Nadex futures will provide a sufficient ATM contracts that will compete with the trading that i could possibly get from trading through the DOM, until Im able to start trading from the DOM Futures trading liquidity and other futures trading questions S4 - Select - Underlying Markets.
Yes would recommend going with Ninja Brokerage, they are fast and cheap,great rates. All futures brokers require a net worth for margin call risk purposes. If this is an issue you can trade Nadex spreads, margin and risk are the same amount on Nadex so there are no Margin calls to worry about, so no net worth issues etc I would say to use Phillips. Get Free Futures Data Link: The reason why is because the way the US has regulated forex trading makes it very difficult to use leverage to your advantage with the options available.
I still have my Tallinex account and am trading it but they no longer accept US customers so I am extremely hesitant to put anymore money into the account. A similar thing happened to the US poker industry in If the US provided better options such as better than 1: Thank you US government for protecting us from ourselves! More government intervention in our personal lives is exactly how the founding fathers envisioned America in the future!
Ninja Trader is now a full service brokerage since they purchase Mirus a couple of years ago. They also offer forex trading so I may look into that in the future depending on what it is like. All in all it took about 4 business days to get everything processed and finalized. It is light years better than Meta Trader and Think or Swim. The only option I wish they had was instant deposit like most forex brokers offer.
The quickest funding option they have is wiring which takes at least a day to get the funds settled in your account. Your email address will not be published. You can use it in demo for 2 weeks and then request 2 additional weeks. They provide instructions on how to setup the data feed.