Same order to multiple brokers

[Musinat]

Hi there

I have a question regarding multiple brokers trading from same platform.

I wish to trade the same strategy (news trading) but with more than one broker, basically doing the exact same trades but distributed to 3-5 different brokers.

Is it possible to just have one Ninjatrader running and then the trades get sent to different brokers at the same time?

Or do i need to have 5 NinjaTraders running (which would be very complicated)?

Thanks for any help.

BR

[NinjaTrader_Jason]

Hello BR,

You would need a multi broker license. Subsequently you connect to all 3-5 brokers in NinjaTrader. You will receive connection information from each broker to setup a broker technology connection. Once connected, please apply the automated strategy for each account. More information to run automated strategies can be found at the links below.

Chart

http://www.ninjatrader.com/support/helpGuides/nt7/running_a_ninjascript_strategy.htm

Control Center-->Strategies-tab

http://www.ninjatrader.com/support/helpGuides/nt7/running_a_ninjascript_strateg2.htm

You can do this from one NinjaTrader instance.

[Musinat]

Hi Jason

thanks for the fast answer. How much costs the multi broker license for 3 or 5 brokers?

Does this way of trading slow down the trade execution time? I mean if trading more than one is the orders placed slower than with only one trading set-up running?

Thx again

BR

[NinjaTrader_Jason]

Purchase Options - Multi Broker
The best value when purchasing NinjaTrader is to select one of our lifetime purchase options. Alternatively, you can also lease our software for a period of time that makes sense to you. We make purchasing NinjaTrader easy by providing you choice in how you access our software...choose a plan that suits you best!

Lifetime license for a one time payment of $1,495
Lifetime license for 4 easy monthly payments of $449
Several flexible leasing options starting as low as $75 per month

More information can be found at the link below.

http://www.ninjatrader.com/purchase-own

It is hard to tell, because many aspects play a role such as market volatility and PC hardware. If these strategies do not make very complicated calculations, you should be able to run them without issue.

[schranzi9]

Hi interest objects, but Jason does that mean when I use a multi broker livetime license that I can trade with one NT7 instance from one PC:
- trade futures with Optimus+Rhitmic
- and trade at the same time different strategy forex with FXCM connection

I saw that it is possible to have more as one connection at the same time with one NT7 instance.

Regards chris

[NinjaTrader_Jason]

Hello Chris,

Yes, you can connect to Rithmic and FXCM simultaneously and trade both accounts using a multi broker license in one NinjaTrader instance.