Hi guys. Just a simple question here, so if you know the answer, I would really appreciate it.
Can I set up a second account on Ninja Trader if I wish to start a new account to be managed by my friend and me, so we can combine our funds and efforts?
Thank you in advance for your help.
As per regulations, it can’t be in your name as you are only allowed one account in your name.
Not sure if NinjaTrader Clearing allows joint accounts, but a solution would be to create a partnership with a tax ID (EIN number). You’ll also need a bank account in the partnership name to be able to send and receive funds. Be sure to register the account as non-professional with NinjaTrader to avoid pro level data fees and other requirements.
Or open the account in your friend’s name using his SS# and bank account. You can share the login on two computers simultaneously.