The tiles also show the current position (see GBP/USD on the screenshot above), net profit/loss, open orders (if any), and advanced order management strategies. Using the right-click menu, instruments can be added or removed. The FX Board screen can be printed and shared. The basic features - background, foreground, and others - can be customized to suit individual needs. The lower part of the FX Board gives a concise view of the account activity. Trading with NinjaTrader Traders who wish to use the NinjaTrader platform can purchase a lifetime license, lease the platform, or trade via NinjaTrader Broker. As of June 2018, the price of the lifetime license was $999. As mentioned earlier, there is no fee for using NinjaTrader’s standard features. This includes advanced charting, automated strategy development, market analytics, backtesting and optimization, and trade simulation. NinjaTrader Ecosystem offers advanced indicators, automation strategies, drawing tools, pattern recognizers, and programming services. Users can purchase the tools of interest and customize their platform. NinjaTrader forum members are form helpful community and usually are willing to help a fellow NinjaTrader novice. Additionally, numerous videos are provided on YouTube to minimize the learning curve. NinjaTrader also organizes free training webinars. The help guide, email and remote support, webinars, Facebook, Twitter, and YouTube channel can all be accessed from within the trading platform. A 24/5 technical support and a 24/7 emergency trade support is also provided. Overall, a trader employing this platform will be able to thoroughly focus on the trading process. Operating in the foreign exchange market will become a reasonably simpler task if a trader puts the NinjaTrader platform to its best possible use. Conclusion NinjaTrader is a trading platform that can be customized to suit individual needs. The platform easily scores many points over its competitors when it comes to advanced trade management techniques, strategy and trade performance analysis, flexibility in strategy creation, charting facilities, and setting up alerts. The platform also enables trading multiple assets using different brokers at the same time. However, writing automated trading programs is a bit more difficult when compared to MetaTrader 4 and MetaTrader 5, which are currently the most popular platform among Forex traders. The availability of third-party resources (like indicators and robots) is also significantly lacking compared to MT4/MT5. NinjaTrader can be considered as a platform that is better than entry-level platforms, but slightly below institutional level platforms. For example, platforms such as Quant Connect facilitate cloud processing. This is a must have feature if a trader wishes to complete a backtest on a 10-year period of 1-second bar data in less than three minutes. Nevertheless, the NinjaTrader platform would be a blessing to a trader who has programming and statistical knowledge. If you are a small retail trader managing a portfolio of less than 100k, then probably MetaTrader might be enough to fly high without any issues. If you want to get news of the most recent updates to our guides or anything else related to Forex trading, you can subscribe to our monthly newsletter.