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ProRealTime VS Ninjatrader

Compare ProRealTime VS Ninjatrader and see what are their differences

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ProRealTime logo ProRealTime

Online trading, charting and technical analysis of stocks, futures, forex and commodities.

Ninjatrader logo Ninjatrader

Regardless of what markets you trade, what style of trader you are or if you require real time or...
  • ProRealTime Landing page
    Landing page //
    2023-10-07
  • Ninjatrader Landing page
    Landing page //
    2023-10-02

ProRealTime features and specs

  • Advanced Charting Tools
    ProRealTime offers a robust set of charting tools that include technical indicators, drawing tools, and customizable time frames, making it suitable for both novice and experienced traders.
  • Automated Trading
    The platform supports algorithmic trading and backtesting through its ProRealCode programming language, allowing users to create, test, and deploy automated trading strategies.
  • Comprehensive Market Data
    ProRealTime provides extensive market data, including real-time quotes and historical data across various asset classes such as stocks, forex, and commodities.
  • User-friendly Interface
    The platform is known for its intuitive and easy-to-navigate interface, which allows users to quickly find and use the tools and data they need.
  • High Level of Customization
    Users can extensively customize their trading environment, including the layout of charts, indicators, and alerts to suit their trading style and needs.

Possible disadvantages of ProRealTime

  • Cost
    ProRealTime can be expensive, especially for real-time data feeds and advanced functionalities, which may not be affordable for all traders.
  • Steep Learning Curve
    The platform's advanced features and customization options may be overwhelming for beginners, requiring a significant investment of time to learn how to use them effectively.
  • Limited Broker Integration
    ProRealTime does not integrate with all brokers, which can limit its usability for some traders who prefer or are obligated to use specific brokerage firms.
  • Customer Support
    Some users have reported that customer support can be slow and not always helpful, which can be a drawback for those who require timely assistance.
  • Performance Issues
    Occasional performance lags and system outages have been reported, which could be disruptive, especially during high volatility trading sessions.

Ninjatrader features and specs

  • Advanced Charting
    NinjaTrader offers highly customizable and advanced charting tools that allow traders to analyze market data in various ways. The ability to create custom indicators and automated strategies is a strong benefit for technical analysis.
  • Backtesting Capabilities
    Users can backtest their trading strategies with historical data, helping them refine their approaches and increase the probability of success without financial risk.
  • Comprehensive Platform
    NinjaTrader provides a complete trading solution with features for futures, forex, and options trading. It also supports strategy development, analysis, and execution, all within one platform.
  • Community and Support
    The platform has an active user community and provides support resources including webinars, forums, and extensive documentation to help users master the software.
  • Broker Integration
    NinjaTrader integrates with multiple brokers, giving traders flexibility in choosing where to execute their trades, often offering competitive commission rates.

Possible disadvantages of Ninjatrader

  • Complexity for Beginners
    The platform's range of features can be overwhelming for new traders, who may find it challenging to navigate and utilize effectively without prior experience or training.
  • Cost Consideration
    While NinjaTrader offers a free version for simulation and analysis, the full features require a paid license or lease, which could be costly for some traders.
  • Limited Asset Classes
    Primarily focused on futures and forex, NinjaTrader does not support stock trading within its integrated platform. This limitation may be a drawback for those looking to trade a diverse range of asset classes.
  • Learning Curve
    While the platform is powerful, it has a steep learning curve due to its advanced functionalities and customizability options, which might require a significant time investment to master.
  • Platform Stability
    Some users have reported occasional stability issues, such as software crashes or connectivity problems, which can be problematic during live trading sessions.

Analysis of ProRealTime

Overall verdict

  • ProRealTime is generally considered to be a good platform, particularly for traders who value detailed charting and technical analysis tools. Its robust features and customizability make it a strong choice for both intermediate and advanced traders.

Why this product is good

  • ProRealTime is a well-regarded trading platform known for its advanced charting capabilities, reliability, and user-friendly interface. It offers a comprehensive set of tools for technical analysis and is highly customizable, allowing traders to create their own indicators and strategies. The platform also benefits from real-time market data, ensuring timely and accurate information. Additionally, ProRealTime's customer support and educational resources are often praised by users.

Recommended for

    ProRealTime is recommended for traders who are focused on technical analysis, appreciate advanced charting features, and seek a reliable and customizable trading environment. It's particularly suitable for traders who wish to develop and test their own trading strategies.

ProRealTime videos

+ Add

🌟ProRealTime Version 11 (New Features Update)

More videos:

  • Review - ProRealTime Automated Trading Explained

Ninjatrader videos

+ Add

Ninjatrader review 2020 - Pros, Cons, Fees & More

More videos:

  • Demo - NinjaTrader Day Trading Chart Setup And Demo Account

Category Popularity

0-100% (relative to ProRealTime and Ninjatrader)

ProRealTime

Ninjatrader

Finance
69 69%
Finance
31% 31
Trading
72 72%
Trading
28% 28
Investing
71 71%
Investing
29% 29
Office & Productivity
100 100%
Office & Productivity
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare ProRealTime and Ninjatrader

ProRealTime Reviews

We have no reviews of ProRealTime yet.
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Ninjatrader Reviews

TradingView Alternatives For Budget Conscious Traders
NinjaTrader is a cheap option that has free historical data, good backtesting and optimization features including genetic algorithms. It’s cheap and has good tools so it’s a popular choice for traders who want lots of analysis without the cost.
Source: medium.com

Social recommendations and mentions

Based on our record, Ninjatrader seems to be more popular. It has been mentiond 4 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

ProRealTime mentions (0)

We have not tracked any mentions of ProRealTime yet. Tracking of ProRealTime recommendations started around Mar 2021.

Ninjatrader mentions (4)

  • How to trigger change to machine ID or hardware ID for each Hyper-V guest VM
    My question is in regards to an app called Ninjatrader, which assigns an unique "machine id" to the installation. Based on my experience, I think machine id is tied to the physical hardware BIOS ID/serial. Therefore, reformatting Windows or changing the HDD will NOT change the machine id. Source: over 2 years ago
  • NinjaTrader Integration with EODHD APIs
    We are happy to announce our integration with NinjaTrader. NinjaTrader provides a C# framework for developers to build integrated indicators, drawing tools, automated strategies, and more. Source: over 2 years ago
  • How to start investing as a teenager?
    NinjaTrader (recommended for high school students). Source: about 3 years ago
  • What is the tax % to pay as a non US citizen day trading in the US market?
    I'm not a US citizen, I live in Europe and the country that I live has a double taxation agreement with the US. I want to day trade in a US broker (ninjatrader.com). The thing that it's unclear for me is the % of tax that the US will collect. Source: about 3 years ago

What are some alternatives?

When comparing ProRealTime and Ninjatrader, you can also consider the following products

TradingView - The best charting tool for crypto and stocks

MetaTrader5 - World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.

Atas - ATAS professional trading and analytic platform. АTAS analysis program: time&sales (time and sales), smart tape, atas allows to analyze point volumes

eToro - The social investment network that connects traders from around the globe and enables them to share...

AmiBroker - Professional tool for individual investor featuring: advanced formula language for writing indicators and trading systems; comprehensive back-testing reports; filtering by sectors; alerts and more...

TradingLite - Next-generation technical analysis platform Real-time liquidity heatmap, order-flow tools, indicator scripting plus more, whilst supporting all major crypto exchanges.

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