Ninjatrader vs Quantower

Struggling to choose between Ninjatrader and Quantower? 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, Quantower is a Finance product tagged with charting, technical-analysis, day-trading, scalping.

Its standout features include Advanced charting, Level 2 quotes, Over 100 technical indicators, News feeds, Screening and scanning, Fast trade execution, Customizable workspace, Automated trading, and it shines with pros like Powerful charting capabilities, Low latency order execution, Support for multiple asset classes, Customizable layouts and workspaces, Large library of indicators, Built-in screening and scanning.

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


Quantower

Quantower

Quantower is an advanced charting and trading platform designed for day traders, scalpers and analysts. It allows fast order execution, level II quotes, advanced charts with over 100 indicators, news feeds and screening.

Categories:
charting technical-analysis day-trading scalping

Quantower Features

  1. Advanced charting
  2. Level 2 quotes
  3. Over 100 technical indicators
  4. News feeds
  5. Screening and scanning
  6. Fast trade execution
  7. Customizable workspace
  8. Automated trading

Pricing

  • Free trial
  • Monthly subscription
  • Annual subscription
  • Lifetime license

Pros

Powerful charting capabilities

Low latency order execution

Support for multiple asset classes

Customizable layouts and workspaces

Large library of indicators

Built-in screening and scanning

Cons

Steep learning curve

Limited customer support options

Data feeds require additional purchase

Lacks some features of larger platforms