NinjaTrader, LLC software developer and ISV focused on retail trading has recently partnered with wallet provider service Coinbase to permit users of its platform to view real-time market data of major cryptocurrencies. The platform will include Bitcoin [BTC], Ethereum [ETH], Bitcoin Cash [BTH], and Litecoin [LTC].
The Coinbase market data will facilitate cryptocurrency traders to hold NinjaTrader’s charting and market analysis capabilities. The Coinbase platform currently supports only a few major coins on its platform. Hence only a few coins will be available to NinjaTrader customers.
The new collaboration will enable NinjaTraders trading software users to get access to more crypto brokerage service providers directly through an online registration process.
The 2003 launched platform NinjaTrader enables to provide a complete platform providing both manual and automated traders of futures, equities, and forex markets. According to sources, the platform provides dynamic analysis tools both natively and through a third-party partner ecosystem.
Raymond Deux, Founder, and CEO of NinjaTrader said, “The rapid rise of the cryptocurrency markets demonstrates the interest in digital assets and the need for a professional grade trading platform to monitor these highly active markets is evident. We are excited to provide a more robust charting and analysis experience for Coinbase products to help cryptocurrency traders uncover opportunity and make more informed trading decisions.”
Earlier the software provider has emphasized in a statement, the connection between digital currencies and retail trading. Also, the platform has plans to implement this as their next step, platform revealed.
NinjaTrader officially operates as an introducing broker for several brokers and claims such partnerships deliver savings to its clients through tight spreads and discount commissions. NinjaTrader is available at over 100 brokerages worldwide and is promoted through offering free charting, analytics, system development, and trade simulation.
NinjaTrader, LLC was established in 2003 as a privately held company. Headquartered in Denver, Colorado, NinjaTrader, LLC develops high-performance trading software and market data services. NinjaTrader recently introduced brokerage services to directly support futures and forex traders. NinjaTrader is its award-winning trading platform developed for active traders interested in the stock, futures and forex markets. The standard features such as advanced charting, market analytics, automated strategy development, backtesting and optimization, and trade simulation are free of cost.
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