NinjaTrader Launches Limited Beta Of NinjaTrader Arena And New Mobile App
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NinjaTrader, a provider of futures trading technology, has announced the limited beta release of NinjaTrader Arena, a simulated trading challenge series. The company also introduced a redesigned mobile application for iOS and Android devices. The goal is to encourage more traders to try their hand at the futures markets, which are no longer reserved only for professionals.
The company released an updated mobile application with a redesigned interface and expanded functionality for futures traders. The mobile platform now includes over 40 indicators that users can customize and apply directly to mobile charts.
NinjaTrader Expands Futures Trading With New Tools And Challenges
NinjaTrader said its mobile application lets users send trades, handle positions, and watch the market. The company explained that the app is for both new and experienced traders who want to trade futures.
The company revealed that this is another tool to help more people try futures trading. According to the update, it comes after NinjaTrader Pulse, a tool that shows real-time data about market positions. The company said these updates arrived as the average age of its users changed from 48 to 38 years.
NinjaTrader also announced a new challenge called NinjaTrader Arena. The company said this feature allows users to take part in a trading game where they can trade futures in a safe setting.
It explained that players can compete for cash prizes without using real money. According to the update, only some users can try this feature now, but the company plans to let all account holders use it for free soon.
NinjaTrader Grows Its Platform With New Leadership And Trading Features
Martin Franchi, leader of NinjaTrader, said traders can test their skills in the Arena without risk and have a chance to win money. He said this also lets them join a community of over 1.9 million users.
Franchi also said the company offers learning tools and a safe place to trade, so both experts and beginners can explore futures trading.
According to the update, these changes come as the company sees more users joining its platform. NinjaTrader, which began in 2003, offers trading software and brokerage services. The company also hired Jennifer Marszalek as Chief People Officer to help grow its team.
NinjaTrader said it is a unique futures trading provider that brings together all the tools and services needed for both new and experienced traders to access the global futures markets.
The company stated that it offers integrated multi-device trading through cloud-based technology for active futures traders. According to the update, users can trade freely from any location.