Review of a few brokers and banks, Ninja Trader tops the list!

Discussion in 'Retail Brokers' started by Ironplates, Sep 7, 2022.

  1. A big shout out to Ninja Trader. They provide quick, reliable service. If you are looking for futures trading platform they are a top pick for me. They worked with me on LLC complications, bank wire issues, merging accounts, and general issues quickly and easily. They are much more accessible via email and immediate trade desk via phone at most hours. Their help forums are also quick and reliable. Their front end customer service is great too. Their technology onboarding is excellent and easy. Their trading platform is very good, charting is super fast and easy to work with.

    on the other hand, i am secretly hating Interactive Brokers as they rejected my applications after hours of time spent and multiple attempts with enough paperwork to fill a room with no explanation beyond...its a management decision. they do work with Ninja Trader IF you can get a business account open through them.

    Fidelity...promptly rejected me before a major time suck. although they require hard copy mail applications for business accounts, yet a rep helped me get the app to them via pdf through my own personal account. I still think active trader pro is very robust. Fidelity is a solid shop to trade anything but futures.

    TD Ameritrade. what they lack in onboarding and processing, they make up for in new account staff. they really stepped up for me giving me secure email portals and really whatever to help move the process along. The think or swim platform kinda sucks for me, but for option execution it works. their charting sucks imo.

    As far as banks. I recommend Mercury bank. they are a Fintech, so make sure your account sends wires in your company name as traditional finance is still a bit old school and like to use banks that charge lots of fees. Mercury bank account setup is in under 5 minutes, wires in and out are free and no bank fees. Trust Custodians will not accept this bank because they are a third party Fintech.