May 12, 2026
Is Tradovate a Prop Firm or Broker? – Key Differences Explained
No, Tradovate is not a prop firm. It is a regulated futures brokerage, formally classified as a Futures Commission Merchant (FCM) and a subsidiary of NinjaTrader Group, LLC. Tradovate provides the technology and tools that prop firms use to run their evaluations and funded accounts, allowing traders to access large amounts of trading capital without…