NinjaTrader Group, LLC has announced the addition of forex trading to the services available through NinjaTrader Brokerage. Users of the NinjaTrader platform can now access the world’s largest and most liquid market directly through a NinjaTrader Brokerage trading account.
“We are excited to expand our brokerage services offering with the addition of spot forex”, stated Raymond Deux, Founder and CEO of NinjaTrader.
“NinjaTrader users have continually recognized the advanced analysis and automation capabilities of the platform are an ideal fit for the highly liquid forex markets. Combined with our Ecosystem of over 450 partners and add-on applications, NinjaTrader’s extensibility allows FX trader’s to customize the platform to match their evolving requirements.”
As an Introducing Broker for FXCM Inc (NYSE:FXCM), NinjaTrader Brokerage clients will have access to one of the industry’s largest networks of FX liquidity providers. This partnership is intended to deliver savings to NinjaTrader clients through tight spreads and discounted commissions which the firm states start from $.04 per 1,000 lot for the major currency pairs.
“Adding the foreign exchange markets to our existing futures brokerage services will not only appeal to current forex traders, but also provides a diversification opportunity for futures traders currently trading with NinjaTrader Brokerage,” stated Eliot Wickersheimer, EVP of Brokerage Operations.
“The capability to trade both asset classes through a single platform with a one central point of contact for all support and account inquiries appeals to a large segment our clients and we are excited to deliver on their requests for direct access to the forex market” concluded Mr. Wickersheimer.
NinjaTrader Brokerage is immediately available to accept new clients with FXCM as their Forex Dealer Member. Existing forex traders with live trading accounts using the NinjaTrader platform do not have to make any changes to their current brokerage relationships.