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Brokerages that work well with NT8

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    Brokerages that work well with NT8

    I need a second brokerage account. And since I have multi-broker, I should be able to run two copies of NT8, correct?
    Do you have a list of brokerages that work well with NT? Or should any brokerage witk with it?
    Thanks
    Morris

    #2
    Originally posted by morrnel View Post
    I need a second brokerage account. And since I have multi-broker, I should be able to run two copies of NT8, correct?
    No.

    The Multi-Broker License does not allow you to do that.

    The MBL allows you to connect using multiple broker technology
    connections from a single instance of NinjaTrader.

    For example, if you currently had an account at NT Brokerage
    using Continuum, you are using the Continuum adapter for your
    connection. With an MBL, you could open a 2nd futures account
    at IB, and then create a NinjaTrader connection to IB (which uses
    IB's adapter), and connect to both accounts at the same time in
    a single instance of NinjaTrader.

    Running two copies of NT8 is an entirely different thing, and has
    never been related to the presence/absence of an MBL.

    In fact, NinjaTrader has always limited each PC to running a single
    instance of the NinjaTrader software -- if you try to start a second
    instance, you'll see an error message.

    An MBL is about the underlying technology used to make the
    connection to the broker, not about the broker itself.

    To make live trades in two different accounts on two different
    PCs requires two different NinjaTrader licenses.
    Last edited by bltdavid; 04-26-2022, 10:57 PM.

    Comment


      #3
      To make live trades in two different accounts on the same PC
      within a single instance of NinjaTrader requires one of,

      1) Two different accounts at two different brokerages such that
      each NinjaTrader connection uses a different broker technology
      adapter. This case requires a multi-broker license.

      2) Two different accounts at the same broker, such that only
      one set of login credentials is needed to connect to the broker.
      This case does not require the expense of an MBL, since only
      a single broker connection is involved.

      Case #2 is available with Apex and Leeloo, which uses Rithmic.
      That is, they both advertise multiple accounts using a single login.

      [EDIT: Note that Apex, Leeloo, and TopStep are funding brokers.
      These kinds of brokers require that you prove your trading skills
      in a qualification process before you can with draw your profits.
      I mention them because their qualification process is like paper
      trading but the simulation occurs at the broker, not within the
      NinjaTrader software. From NinjaTrader software point of view,
      any kind of account from any of these funding brokers is just like
      a live account -- it is the funding broker controlling whether your
      account is truly live or simulated.]

      'Multiple accounts with a single login' is a brokerage feature, and
      doesn't really involve the NinjaTrader software platform.

      Note that NinjaTrader brokerage personnel do not respond to
      questions on this forum, per (I think) SEC rules.

      I would suggest you contact your current broker and specifically
      inquire how to open & fund a second account such that both of
      your accounts are available using your existing login credentials.
      Last edited by bltdavid; 04-26-2022, 11:11 PM.

      Comment


        #4
        Originally posted by morrnel View Post
        Do you have a list of brokerages that work well with NT? Or should any brokerage witk with it?
        I'm sure NT support will respond with more details.
        In the meantime, might I inquire ...

        Where are you located?
        (Availability changes based upon your country, even with
        something simple like USA vs Canada, it can change)

        What instruments are you wanting to trade?
        Futures? Forex? Stocks?

        Who is your current broker?
        (might help with suggestions/goto ideas on 2nd broker)


        Comment


          #5
          Here are some useful NinjaTrader links to lists of supported brokers and data providers:Thanks.
          Multi-Dimensional Managed Trading
          jeronymite
          NinjaTrader Ecosystem Vendor - Mizpah Software

          Comment


            #6
            Hello morrnel,

            With a Multi Broker license key you will have access to all supported brokerage connections. A list of supported brokers for the NinjaTrader platform can be found at the link below:

            NinjaTrader supports multiple futures market data and brokers providing access to trade futures, stocks, and more. Download NinjaTrader for FREE to get started!


            A live license key can be used on as many computers as you like so long as you are only running NinjaTrader on one computer at a time with the same license key. To trade live on multiple computers at the same time would require multiple live license keys.
            Christopher S.NinjaTrader Customer Service

            Comment


              #7
              Thanks for the response, all.
              I am in the US and have a NT brokerage account. I trade micro-minis, mostly MES amd MNQ.
              I have no plans spending any more money on additional licenses on such an old platform.
              If I were to need additional licenses, I will focus my attention on a state-of-the-art platform.

              I have no plans trading multiple accounts on multiple platforms. My plan is to extract live tick data for offfline analysis,
              I will be using a high end gaming machine to analyze tickk data.

              IB: Are you referencing Interactive Brokers?

              Unrelated. I am getting errors on this platform. Started in the past week.See attached image.Then I get logged out.
              Attached Files

              Comment


                #8
                Hello morrnel,

                For assistance with the available futures brokers for your license key you can email us at platformsales [at] NinjaTrader [dot] com

                In regards to the message you have received, please send the platform support team your log and trace files so that they may look into what occurred.

                You can do this by going to the Control Center-> Help-> Email Support

                Ensuring 'Log and Trace Files' is checked will include these files. This is checked by default.

                Please reference the following ticket number in the body of the email: ##REQUESTID##
                Christopher S.NinjaTrader Customer Service

                Comment


                  #9
                  Log files for this forum?

                  Comment


                    #10
                    Hello morrnel,

                    You will not want to post your log and trace files on the forum as they may contain private information. You will want to email your files to the platform support team so they may review the files and assist you with the messages you have received. You can email the support team and include your files directly from within the NinjaTrader platform by going to the Control Center-> Help-> Email Support. Ensuring 'Log and Trace Files' is checked will include these files. This is checked by default.
                    Christopher S.NinjaTrader Customer Service

                    Comment


                      #11
                      Originally posted by morrnel View Post
                      IB: Are you referencing Interactive Brokers?
                      Yes, that's correct.



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