Those who choose to buy lifetime access to the platform receive Trader + and Order Flow + features, the latter of which includes a market depth map, a volume profile drawing tool, and the ability to chart volume-weighted average prices with standard deviations. Paying customers can lease the platform and receive premium Trader + features such as automatic stop-loss and profit-target orders, one cancels the other (OCO) orders, and order entry hotkeys. Commissions are 35 cents per micro contract for users of the free platform. If you want to use NinjaTrader to conduct actual transactions, the company provides that service through NinjaTrader Brokerage or another brokerage it has partnered with. There is also an option to download data from prior days so you can practice trading with the market activity from that period. The free software lets users simulate live day-trading of futures and currencies at their leisure. To start, you can download the software for free for trade simulation, advanced charting, strategy backtesting, and other features. NinjaTrader is a low-cost futures and forex trading platform with upgrade options. Each company that offers a simulator uses a different type of software called a "trading platform." Taking the time to explore how each platform works will give you the chance to see which one best suits your trading style. Whether you day-trade the foreign exchange market (forex), stocks, or futures, free demo accounts are available to test out. You can also practice using stop-loss and limit orders as part of your risk-management strategy. You can become familiar with the steps involved in entering, reviewing, and executing your trades. A simulator lets you monitor market conditions and explore different charting tools and indicators. Using a day-trading simulator is a way to develop confidence in your trading decisions. ![]() A day-trading simulator-or a "demo account"-might not mimic all the pressures and risks that come with having real money on the line, Still, it can help you learn and hone trading strategies. Making a profit through day-trading requires practice as much as it does knowledge.
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