Quantower vs NinjaTrader 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
 

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When it comes to financial markets, the trading platform you choose can significantly impact your trading experience and potential success. Among the plethora of available options, Quantower and NinjaTrader are two popular trading platforms that stand out.

While both platforms cater to retail traders and offer an array of trading tools, they differ in several aspects. In this comparison, we’ll delve into these differences and help you decide which platform suits your trading style best.

For more detailed analysis of Quantower check out our full Quantower review.
Quantower is Better for:NinjaTrader is Better for:
Traders seeking a modern and high-performance trading platform.Forex trading enthusiasts seeking advanced strategies.
Individuals focusing on the crypto exchange and crypto markets.Day traders wanting quick access to real-time trading conditions.
Traders prioritizing depth of market and volume profiles.Users seeking comprehensive technical indicators and volume indicators.

Introducing the Platforms

Quantower

quantower.com website

Quantower is renowned for being a state-of-the-art trading platform, focusing heavily on a streamlined process and deep cooperation with traders. Its emphasis on providing tools for crypto exchange and crypto markets sets it apart. With a user experience that prioritizes customization options and trading volume analysis, Quantower promises to enhance the trading process for both novices and experts.

For a closer look at Quantower’s offerings, read our comprehensive review of the platform.

 

NinjaTrader

ninjatrader.com website

NinjaTrader, on the other hand, is a staple in forex trading circles. It’s an excellent platform for those who are looking for an in-depth trading environment equipped with technical and volume indicators. Their reputation is built upon aiding day traders and those wanting to employ advanced strategies in real time.

Quantower Logo NinjaTraderLogo
Type of Service Trading Platform Forex Trading Platform
Best Use Crypto exchange, Depth of Market Advanced Forex Strategies, Day Trade
Customer Support Responsive, Active Collaboration with Traders Standard, Focused on Technical Assistance
Platform Speed High-performance, Quick Access Reliable with some delays during peak sessions
Current Promotion

More Info

More Info

Modest Money Overall Rating
4.2 rating based on 5 ratings
3.8 rating based on 5 ratings
Quantower Logo
Type of Service Trading Platform
Best Use Crypto exchange, Depth of Market
Customer Support Responsive, Active Collaboration with Traders
Platform Speed High-performance, Quick Access
Current Promotion

More Info

Modest Money Overall Rating
4.2 rating based on 5 ratings
NinjaTraderLogo
Type of Service Forex Trading Platform
Best Use Advanced Forex Strategies, Day Trade
Customer Support Standard, Focused on Technical Assistance
Platform Speed Reliable with some delays during peak sessions
Current Promotion

More Info

Modest Money Overall Rating
3.8 rating based on 5 ratings

Quantower vs NinjaTrader Videos

Factor 1: Customization and User Experience:

Quantower excels with extensive customization options tailored to each trader’s approach

  • NinjaTrader offers moderate customization, focusing mainly on technical indicators.
  • Given its adaptability and focus on user needs, Quantower is preferred.

Factor 2: Market Analysis Tools:

Quantower stands out with its depth of market and volume profiles, offering insights into trading activity

  • NinjaTrader shines with its technical indicators and Market Profile.
  • With its in-depth market analysis tools, Quantower has the edge.

Understanding market dynamics is crucial, and Quantower ensures traders have the tools they need. With features like depth of market and volume profiles, traders gain unparalleled insights into trading activity, price levels, and potential trading opportunities.

While NinjaTrader provides robust technical indicators and the popular Market Profile tool, it doesn’t quite match the depth of analysis Quantower offers, making the latter a more comprehensive choice for serious traders.

Factor 3: Platform Speed and Performance:

Quantower boasts a high-performance platform, ensuring quick access and maximum trading efficiency

  • NinjaTrader is reliable but can experience some delays during peak trading sessions.
  • With its emphasis on speed and performance, Quantower takes the lead.

Trading often demands split-second decisions, and Quantower ensures that traders have the speed they need. Its platform is designed for high performance, ensuring quick access to markets and real-time data. This speed can be pivotal in maximizing trading opportunities.

While NinjaTrader is generally reliable, users have reported occasional delays during peak trading sessions. These minor lags can sometimes affect trading decisions, especially for day traders.

Factor 4: Support and Collaboration:

Quantower prioritizes deep cooperation with traders, offering responsive support

  • NinjaTrader offers standard support, focusing on technical assistance.
  • Owing to its active collaboration and trader-focused support, Quantower wins this round.

Support can be a make-or-break factor, especially for new traders. Quantower recognizes this, fostering deep cooperation with its user base. This collaborative approach ensures traders feel heard and supported, enhancing the overall trading experience.

In contrast, NinjaTrader provides more standard customer support, with a focus on technical assistance. While reliable, it doesn’t offer the same level of collaboration and active engagement that Quantower does.

Factor 5: Pricing and Licensing:

NinjaTrader provides an Options Trading license trial for a limited time

  • Quantower offers a demo version and an attractive trial period for new users.
  • With its more flexible licensing and trial offers, NinjaTrader has an edge in this factor.

For traders cautious about committing to a platform, trial periods can be invaluable. NinjaTrader provides an attractive Options Trading license trial, allowing traders to test out the platform’s advanced strategies and tools. This hands-on experience is a great way to gauge if NinjaTrader aligns with a trader’s needs.

While Quantower also offers a demo version and trial period, it doesn’t provide the same depth of access as NinjaTrader’s specialized license trial, making NinjaTrader slightly more appealing in this aspect.

Factor 5: External Customer Reviews & Ratings

External QuantTower Reviews & Ratings

SiteRating
AlternativeTo5
Revain5
Facebook5
Trustpilotquantower trustpilot review

External NinjaTrader Reviews & Ratings

SiteRating
Trustpilot4.6 from 737 reviews
Business Insider4.1

The Verdict

Quantower and NinjaTrader are undoubtedly among the best trading platforms available today. While NinjaTrader has its strengths, particularly in forex trading and technical indicators, Quantower shines brighter in most aspects. From its extensive customization options to its in-depth market analysis tools, Quantower promises a superior trading experience tailored to each trader’s unique needs

However, those specifically looking into forex trading with a keen interest in advanced strategies might find NinjaTrader more suitable. Ultimately, your choice should align with your trading goals and preferred strategies.

Considering diving into Quantower? Don’t miss out on the latest offers. Click here to sign up and begin your enhanced trading journey today!

Learn More About Quantower


Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.