I'm new to Ninja Trader and had my account approved today. I haven't funded the account or used the live trading function and only plan to exclusively use simulator mode for the next 6 ~12 months, before going live. Does the inactivity fee also applies to my account or is this only for accounts that are funded and/or trading live?
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Account Activation and Inactivity Fee
Hi everyone,
I'm new to Ninja Trader and had my account approved today. I haven't funded the account or used the live trading function and only plan to exclusively use simulator mode for the next 6 ~12 months, before going live. Does the inactivity fee also applies to my account or is this only for accounts that are funded and/or trading live?Tags: None
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Hello Board Game geek,
Thank you for your post.
This fee applies to a client that connects to their account directly within the NinjaTrader Desktop platform, Web, and/or Mobile and does not place a round trip live trade for the current month.
Note: Logging into the Desktop Splash screen or into the Client Dashboard does not count towards receiving an Inactivity Fee for the month.
You may find a list of Fees in the link below:Spencer F.NinjaTrader Customer Service
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Originally posted by NinjaTrader_Spencer View PostHello Board Game geek,
Thank you for your post.
This fee applies to a client that connects to their account directly within the NinjaTrader Desktop platform, Web, and/or Mobile and does not place a round trip live trade for the current month.
Note: Logging into the Desktop Splash screen or into the Client Dashboard does not count towards receiving an Inactivity Fee for the month.
You may find a list of Fees in the link below:
English isn't my first language, so just te be sure. Is it correct that if I use the simulator in the Ninja Trader desktop program, the inactivity fee applies?
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... and to add to what NinjaTrader_Spencer said, if you trade using SIM101 and connect to your as-yet-unfunded account to receive data for those trades in SIM101 (i.e. NOT using simulated data, but live data to trade in a simulated account), you will probably be charged an inactivity fee because you are using the data from the "live" account, and you are not placing any actual live trades in that account. Perhaps NinjaTrader_Spencer can confirm or correct that statement?
Thanks.
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Hello jeronymite,
Thank you for your post.
Yes, you are correct, and thank you for the clarification, connecting to an account that is funded and not still in the Demo Trial period of 14 days would be eligible for an Inactivity Fee.
To avoid this fee when connecting to a live funded account for data, you must place just 1 round trip trade per month.Spencer F.NinjaTrader Customer Service
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Originally posted by Board game geek View PostHi everyone,
I'm new to Ninja Trader and had my account approved today. I haven't funded the account or used the live trading function and only plan to exclusively use simulator mode for the next 6 ~12 months, before going live. Does the inactivity fee also applies to my account or is this only for accounts that are funded and/or trading live?
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Hi!
If I only connect via Simulated Data Feed, Playback and a broker connection.
The inactivity fee would be applied?
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Hello eduardopoletto,
If the broker connection you are referring to is a Funded NinjaTrader Brokerage account then yes if you connect to it through the NinjaTrader software you are eligible to receive an Inactivity Fee if no live trade is placed within the current month.Spencer F.NinjaTrader Customer Service
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By broker connection I mean a CFD connection
Simulated Data Feed, Playback and a broker connection (FOREX.COM)
How about that?
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