NinjaTrader Brokerage Funding Questions

[ptamang]

I recently tried to open an account with Ninja Trader.
I funded the money to the account from my bank that has my and my mom's name on it.

But they said they cannot fund the account as it does not match my name, but it matches my name. And no where in their policy they stated that it only has to be under my name.

So they said they will refund my account but not the wire transfer fee which was about 23 dollars.

Overall, I get that they cannot fund my account, but for me to fund their account, I had to wire transfer money to them which cost me about about 23 dollars. Its not a large sum of money, but for me who works hourly job its is a lot of money aka [ 2 hours job ].

person I talked to was Michael Scinto
PT

[NinjaTrader_PatrickG]

The forums can only assist with technical items. I encourage you to reply to the emails you received from my colleague at NinjaTrader Brokerage as any concerns related to a NinjaTrader Brokerage account can only be considered or resolved by speaking with them directly.

[LangdonJohn]

Omg, scammed again.. there are a lot of scammers nowadays, we have to be really careful

[GabrielleTucker]

I can say something obvious, but anyway: you must first obtain a trading authorization to open an account. If the accounts you got at the bank require you to get a trading authorization, they don't qualify. Fortunately, this was an easy fix. Of course, the broker had to think about it first so that such mistakes don't occur. Some specialists are willing to set up a logistical process, like Сovery.
In fact, you can open an account in your own name and use it for trading without any problems. But you have to register your income in any case.