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How to Download NinjaTrader 8 and Start Trading

Trading Platforms
If you are looking for a powerful and versatile trading platform, NinjaTrader 8 is an excellent choice. In this article prepared by the CScalp team, we will guide you step-by-step through the process of downloading NinjaTrader, creating an account, setting up a demo account and starting to trade. In addition, we will provide you with information about its usage costs and educational resources.

Attention! This article is for informational purposes only and does not contain recommendations or calls to action.

 

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NinjaTrader Download and Installation

The first thing you need to do is to download and install the platform on your computer. Before doing so, we recommend you to read our NinjaTrader 8 reviews article.
To download NinjaTrader 8, follow these simple steps:
  1. Visit the official NinjaTrader website.
  2. Click on the "Open Account" button at the top of the page.
  3. Complete the registration form with your name, email and phone number.
  4. You will receive an email with a link. Simply click the link to start the download.
  5. Run the downloaded file and follow the on-screen instructions to install NinjaTrader 8 on your computer.
Once you have installed NinjaTrader, you are ready to create an account and start trading.
Please note the minimum requirements your computer must have in order to install the software:
  • Operating system: Windows 7, Windows 8, Windows 10 or Windows Server 2012 or later.
  • Processor: Intel Core i5 or higher.
  • RAM memory: 8 GB or more.
  • Hard disk space: 1 GB of free space.
  • Internet connection: Broadband.

Create a NinjaTrader Account

Next we will walk you through the steps to follow to create an account on the platform.

Registration and Verification

To create a NinjaTrader account, follow these steps:
  1. Open NinjaTrader and select "Connections" from the top menu.
  2. Click "Add new connection" and choose "NinjaTrader Continuum" as your data provider.
  3. Complete the registration form with your personal and financial information.
  4. Verify your email address and then follow the instructions to activate your account.

Demo Account at NinjaTrader

NinjaTrader offers the possibility to open a demo account so you can practice your trading skills before trading with real money. To set up a demo account, follow these steps:
  1. Log in to your NinjaTrader account.
  2. Go to "Connections" in the top menu and select "Add new connection".
  3. Choose "NinjaTrader Continuum" as your data provider and check the "Demo" box.
  4. Enter a username and password for your demo account and click "OK".
You will now have access to a demo account with virtual funds to practice your trading strategies.

NinjaTrader Trading Requirements

Before you start working with NinjaTrader, you will need to meet a few requirements:

Connection to Data Provider

NinjaTrader requires a connection to a data provider to receive real-time market information. Some of the data providers supported by NinjaTrader include:
  • NinjaTrader Continuum
  • Kinetick
  • CQG
  • Rithmic
To connect NinjaTrader to a data provider, follow these steps:
  1. Go to "Connections" in the top menu and select "Add new connection".
  2. Choose the data provider you wish to use and fill in the required information.
  3. Click "OK" to establish the connection.

Configuration of Graphics and Analysis Tools

NinjaTrader offers a wide range of technical analysis and charting tools to help you make informed trading decisions. To set up your charting and analysis tools, follow these steps:
  1. Go to "New" in the top menu and select "Chart".
  2. Choose the instrument you wish to analyze and set the chart options according to your preferences.
  3. Click "OK" to open the chart.
  4. Use the toolbar at the top of the chart to add indicators, trend lines and other technical analysis elements.

Additional Information About NinjaTrader

Commissions and Rates

NinjaTrader offers three different commission and fee options depending on account type and trading volume:
  • Free Account: Use of NinjaTrader's standard features is free for NinjaTrader Brokerage customers. These features include market analysis, charting, automated strategy creation, historical data testing, optimization and a trading simulator. With this account, you will pay the full commission percentage for each trade you make.
  • Monthly Subscription: You can choose to pay a subscription of $99 per month to reduce the cost of commissions per trade. This option allows you to access all the features of the platform and enjoy lower commission rates compared to the free account.
  • Lifetime Subscription: If you prefer a long-term solution, NinjaTrader offers a lifetime subscription for a one-time payment of $1,499. This option gives you access to all of the platform's features indefinitely and other benefits, such as even lower commission rates and priority access to new features and upgrades.

Educational Resources and Support

NinjaTrader has extensive customer support and educational resources to help you improve your trading skills. You can access webinars, video tutorials and articles on their official website and MDC Trading Academy.
Now that you've learned how to download NinjaTrader and start trading, you're ready to explore the tools this platform has to offer.
Remember that NinjaTrader is a powerful and versatile option for trading in the cryptocurrency market that gives you the opportunity to practice your skills with a demo account before trading with real money. In addition to NinjaTrader, we recommend you explore CScalp, the best platform for scalping and making the most of your trading experience – get started today and take your trading to the next level!