MTM is a Licensed Product

Mizpah Trade Manager (MTM) is a Mizpah-developed NinjaTrader 8 AddOn*. When you purchase a Subscription to MTM, Mizpah grants you a licence to use MTM. The full licence conditions are in the Mizpah Trade Manager End User Licence Agreement (EULA). Anyone who purchases an MTM Subscription or uses MTM must understand this EULA. When you purchase a Subscription you are agreeing to and accepting this EULA, and you must explicitly agree to the licence and its conditions before you can use MTM. When MTM is installed, the person installing it agrees to be legally bound by the EULA, and that legal acceptance applies to all users of that installation of MTM. Read and understand the EULA before agreeing to it! It is available on this website to allow you to do this before purchasing your MTM Subscription.

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It is particularly important that you read the Trading Risk Disclaimers in the EULA (Section 13).

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NOTE: The Mizpah Trade Manager licence is entirely separate from a NinjaTrader licence. Mizpah does not require the purchase of a NinjaTrader licence. However, if you want to trade live brokerage accounts in NinjaTrader or MTM, you will need to purchase a NinjaTrader licence from NinjaTrader, completely independently of Mizpah.

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*No NinjaTrader company has any affiliation with the owner, developer or provider of MTM, nor any interest, ownership or otherwise in MTM, and does not endorse, recommend or approve MTM.