Our Take on Tradovate
Tradovate is a solid trading tool specifically developed for futures traders and primarily marketed as the main tool for the in-house Tradovate Brokerage. Futures prop firms offer the tool because of its great compatibility with TradingView.
In January 2022, NinjaTrader acquired Tradovate for $115 million, so it is not surprising that there are some parallels to the NinjaTrader pricing models and features. After the aquisition of NinjaTrader by Kraken in 2025, it’s uncertain how the business model develops i the long run.
Plans, Features, Costs
Trading Tool
Tradovate comes with over 40 futures trading tools, including depth of market, charts, simulated trading, market replay, a spread matrix, and TPO profile charts.
You can integrate TradingView, daytradr, Bookmap, Jigsaw, and collective2 to your Tradovate account.
Tradovate Costs
Tradovate costs $99 per month, or $1,499 lifetime. There is also a free plan available. The basic logic is that the more you pay, the lower the futures trading commissions.
Data Feed
If you use the free Tradovate version, you need to subscribe to the Tradovate Extended Simulation Membership, which costs $12.95 per month. With a live Tradovate account (funded with the minimum account balance), you automatically get a free Level I CME Group market data subscription. In addition, this includes access to TradingView, Market Replay, and the Order Flow+ tool.
Brokerage
In case you use Tradovate Brokerage, you pay commissions. Depending on the Tradovate subscription, your rates are between $0.09 – $0.39 for micro futures and $0.59 – $1.29 for standard mini futures. There are additional fees for clearing and order routing fees.
Brand Popularity
Tradovate was founded in 2015 and has continiously grown in popularity. We’ve evaluated the number of monthly global searches for the brand name.
|
Date |
Monthly Searches |
|---|---|
|
January, 2020 |
5,400 |
|
January, 2021 |
22,200 |
|
January, 2022 |
40,500 |
|
January, 2023 |
74,000 |
|
January, 2024 |
110,000 |
|
January, 2025 |
201,000 |
Read Customer Reviews of tradovate.com
Tradovate currently has a Trustpilot rating of 2.1 out of 5, based on 1,847 reviews, which is categorized as poor. 497 of those reviews are from people invited by the firm using Trustpilot’s supported invitation methods. 56 reviews have been submitted within the past 12 months, of which 45 are rated 1/5 or 2/5.