Ninjatrader vs ProRealTime

Struggling to choose between Ninjatrader and ProRealTime? 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, ProRealTime is a Finance product tagged with charting, technical-analysis, trading, backtesting, algorithmic-trading.

Its standout features include Advanced charting and technical analysis tools, Customizable workspaces and layouts, Automated trading and algorithmic strategies, Backtesting and strategy optimization, Trading signals and screening, Market scanning and watchlists, Integrates with brokers and data feeds, Supports stocks, futures, forex and CFDs, and it shines with pros like Powerful platform for technical traders, Robust feature set for analysis and automation, Customizable and flexible interface, Comprehensive backtesting capabilities, Large library of indicators and drawing tools, Can automate complex trading strategies.

Feature	Ninjatrader	ProRealTime
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Finance

Product Overview

Ninjatrader

Description: 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.

ProRealTime

Description: ProRealTime is a leading web-based platform for technical analysis and trading. It provides advanced charting, screening, trading signals, backtesting, and algorithmic trading tools for traders, investors, and financial analysts.

Key Features Comparison

Ninjatrader Features

• 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

ProRealTime Features

• Advanced charting and technical analysis tools
• Customizable workspaces and layouts
• Automated trading and algorithmic strategies
• Backtesting and strategy optimization
• Trading signals and screening
• Market scanning and watchlists
• Integrates with brokers and data feeds
• Supports stocks, futures, forex and CFDs

Pros & Cons Analysis

Ninjatrader

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

ProRealTime

Pros

• Powerful platform for technical traders
• Robust feature set for analysis and automation
• Customizable and flexible interface
• Comprehensive backtesting capabilities
• Large library of indicators and drawing tools
• Can automate complex trading strategies

Cons

• Fairly expensive subscription fees
• Steep learning curve for advanced features
• Limited fundamental data and news
• Mobile and tablet apps lack some functionality
• Customer support could be better

Pricing Comparison

Ninjatrader

• Free
• Subscription-Based

ProRealTime

• Subscription-Based
• Pay-As-You-Go