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As a trader who has explored NINJA TRADER, I have closely analyzed their pricing structure, and I find that it’s quite distinct compared to traditional forex brokers, particularly because this platform is focused on futures trading and not spot forex. One of the most notable aspects for me is that there’s no minimum deposit required, which certainly lowers the barrier for new traders. However, I am careful to note that a low minimum doesn't necessarily equate to low trading risk; understanding the underlying contract sizes and leverage is vital before committing funds. In terms of commissions, NINJA TRADER’s model is fairly transparent. For micro futures, commissions can be as low as $0.09 per side with the lifetime plan, but can go up to $0.35 per micro contract if you’re on the free plan. For standard futures contracts, the commission ranges from $1.29 per side (free plan) down to $0.59 per side (lifetime one-off payment). What this has meant for me practically is that the more active or long-term committed you are, the more cost-effective it can become, but only if your trading volume justifies the upfront or monthly costs of their advanced pricing tiers. Unlike typical spot forex brokers, spreads are not fixed by NINJA TRADER but are instead determined by the underlying futures market itself. This is important—my trade executions are subject to the volatility and liquidity of each contract, so real trading costs can still vary widely, especially during news or illiquid market periods. I am always mindful of the platform’s regulatory concerns and reports of users struggling with withdrawals. For me, no cost savings are worth risking account security or accessibility. In summary, while NINJA TRADER’s pricing structure can offer low commissions—especially for dedicated futures traders—my experience underscores the importance of evaluating these costs alongside other operational and regulatory risk factors, not just headline commission rates.