Ninjatrader vs Benzinga Pro

Struggling to choose between Ninjatrader and Benzinga Pro? Both products offer unique advantages, making it a tough decision.

Ninjatrader is a Business & Commerce solution with tags like futures, forex, automated-trading, charting, analysis, brokerage.

It boasts features such as Advanced charting and analysis tools, Automated trading system development, Market replay and backtesting, Custom indicator creation, Order flow analysis, Market depth and DOM, Account simulation, Strategy optimization, Alerts and notifications and pros including Powerful charting and analysis capabilities, Supports development of custom indicators and strategies, Free platform option available, Good selection of order types, Backtesting and market replay functionality.

On the other hand, Benzinga Pro is a Business & Commerce product tagged with news, analysis, market-data, charts, trading-strategies.

Its standout features include Real-time news and market data, Advanced charting and screening tools, Pre-market movers and unusual options activity, Earnings calendars and analyst ratings, SEC filings and transcripts, Proprietary trading strategies and investment ideas, Paper trading and portfolio tracking tools, and it shines with pros like Comprehensive market data and news, Powerful analytical and screening tools, Helpful for discovering trading opportunities, Educational trading strategies and ideas, Useful paper trading and portfolio tools.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Ninjatrader

Ninjatrader

Ninjatrader is a futures and forex trading platform targeted at active traders and brokerages. It supports automated and discretionary trading as well as backtesting and market replay functionality. Ninjatrader also provides free charting and analysis tools.

Categories:
futures forex automated-trading charting analysis brokerage

Ninjatrader Features

  1. Advanced charting and analysis tools
  2. Automated trading system development
  3. Market replay and backtesting
  4. Custom indicator creation
  5. Order flow analysis
  6. Market depth and DOM
  7. Account simulation
  8. Strategy optimization
  9. Alerts and notifications

Pricing

  • Free
  • Subscription-Based

Pros

Powerful charting and analysis capabilities

Supports development of custom indicators and strategies

Free platform option available

Good selection of order types

Backtesting and market replay functionality

Cons

Limited third-party integration

Less broker support than some competitors

Advanced features require paid subscription

Steep learning curve


Benzinga Pro

Benzinga Pro

Benzinga Pro is a financial market news and analysis platform designed for investors and traders. It provides real-time news, market data, charts, screenshots, trading strategies, analyst ratings, and option chains to help users make profitable investment decisions.

Categories:
news analysis market-data charts trading-strategies

Benzinga Pro Features

  1. Real-time news and market data
  2. Advanced charting and screening tools
  3. Pre-market movers and unusual options activity
  4. Earnings calendars and analyst ratings
  5. SEC filings and transcripts
  6. Proprietary trading strategies and investment ideas
  7. Paper trading and portfolio tracking tools

Pricing

  • Subscription-Based

Pros

Comprehensive market data and news

Powerful analytical and screening tools

Helpful for discovering trading opportunities

Educational trading strategies and ideas

Useful paper trading and portfolio tools

Cons

Expensive subscription fees

Data overload can be overwhelming initially

Advanced tools have learning curve

Strategies may not fit every trading style