NinjaTrader
Subsidiary of NinjaTrader Group, LLC (wholly owned by Payward, Inc. d/b/a Kraken)
ninjatrader.comHow to name beneficiaries and fund a trust at NinjaTrader
Beneficiaries are managed online. Trust paperwork is taken online
Preparing your NinjaTrader investment accounts for estate transfer involves two primary strategies: designating beneficiaries on individual accounts and, where supported, retitling accounts into a revocable living trust. Both approaches bypass probate, but they work differently depending on the account type.
The transfer rules at NinjaTrader vary across 5 investment accounts. Below is a breakdown of beneficiary options, trust funding, and which products support each method.
- Employer Identification Number verification (IRS Notice CP 575 or IRS Letter 147C)
- Verification of company financials: a bank statement in the entity's name
- An unexpired passport or government-issued photo ID
- A typed confirmation of who is authorized to trade the account
Required Documents
- A funding bank account titled in the trust's name
- Employer Identification Number verification (if requested). The IRS Notice CP 575 PDF downloaded from the IRS website, or a clear photograph of IRS Letter 147C showing all four corners. Screenshots of the EIN are not accepted
- A bank statement in the trust's name (if requested). Dated within the last 90 days, titled the same as the NinjaTrader account, and showing a balance at least equal to the intended initial deposit
- An unexpired passport or government-issued photo ID (if requested)
- A typed confirmation of who is authorized to trade the account (if requested)
Beneficiary designation is not available for retirement accounts at NinjaTrader.
What NinjaTrader says about beneficiaries and trusts
Each section is NinjaTrader's own statement, with the document it comes from numbered under Sources.
Which accounts take a beneficiary2
What NinjaTrader's agreement says about beneficiaries1
- Whether a new account is opened
Account types cannot be converted once opened. Each account type requires its own NinjaTrader username and a different email address, so a new account type means a separate application.2
Which accounts a trust can hold1
- Trust account
A NinjaTrader trust account is a Business Entity account with Trust as the business type. It is funded from a bank account in the trust's name, not a personal account.2
What NinjaTrader says about trust accounts3
- Whether a new account is opened
A NinjaTrader trust account is opened by a new application, not by retitling a personal account. An existing account cannot be converted.2
- The trust's tax identification number
NinjaTrader lists EIN verification among the document requests more commonly associated with Corporate, LLC, Partnership and Trust applications.11
- Who signs for the trust
If more than one authorized user needs to trade, each needs their own subaccount. All subaccounts are subject to approval.12
Not in NinjaTrader's published guidance2
- A beneficiary designation form
- A trust-specific list naming a trust agreement
Sources12
- 1.How Do I Add a Beneficiary to My NinjaTrader Account
- 2.NinjaTrader Account Types
- 3.Applying for a Live NinjaTrader Account
- 4.How Can I Proceed with my Joint Account Application
- 5.How Do I Upload Documents to Complete My NinjaTrader Application
- 6.New Accounts Application Processing Timeframe
- 7.New Account: Verification of Company Financials
- 8.New Accounts: Employer Identification Number
- 9.New Accounts: Government-Issued Identification
- 10.New Accounts: Authorized Trader
- 11.Account Application Resources
- 12.How Do I Add a Subaccount to My NinjaTrader Brokerage Account
Sources
Data sourced from NinjaTrader primary sources (16 pages reviewed). How we research.
Download these NinjaTrader instructions
Download instructions for the whole estateA printable PDF with the steps, required documents, and contact details — verified against NinjaTrader primary sources. Bring it to the branch or keep it beside the phone.
NinjaTrader estate support
NinjaTrader Client Services
Phone
24-Hour Emergency Trade Desk
Hours
Website
Estate requests go through general customer service.
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