country flag
  1. Home
  2. Best Day Trading Platforms and Brokers in 2023

NinjaTrader vs eToro USA

NinjaTrader vs eToro USA Comparison Table 2023
NinjaTrader eToro USA
Review
4.5

NinjaTrader is #3 in our broker rankings.

Review
4.1

eToro USA is #4 in our broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

NinjaTrader is a US-headquartered and regulated brokerage that specializes in futures trading. There are three pricing plans to suit different needs and budgets, as well as ultra-low margins on popular contracts. The brand's award-winning charting software and trading platform also offers a high-degree of customization and superb technical analysis features.

eToro is a social investing platform that offers stocks, ETFs, options, and crypto. The broker is well-known for its user-friendly community-centred platform and competitive fees. With FINRA and SIPC oversight and millions of users across the world, this brand is highly respected. eToro securities trading is offered by eToro USA Securities, Inc.

https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Bonus Offer
Invest $100 and get $10
Promotions

eToro USA: Get A $10 Bonus When You Deposit $100
Comment by Reviewer
"NinjaTrader is well-positioned to meet the demands of active futures traders looking for low fees and premium analysis tools. The platform hosts top-rate charting features with custom indicators. " "eToro is a top pick for traders looking for social investing and copy trading. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer traders."
Pros
  • Excellent trading software for active day traders with bespoke technical indicators and widgets
  • Low fees with $50 day trading margins & commissions from $.09 per micro contract
  • Thousands of add-ons and applications from developers in 150+ countries
  • Widely respected and heavily authorized by the NFA and CFTC
  • Free platform access and trade simulation capabilities
  • Industry-leading futures broker with multiple awards
  • Easy account opening that takes a few minutes
  • eToro USA Securities is a trustworthy, SEC-regulated broker that is a member of FINRA and SIPC
  • The online broker offers an intuitive social investment network with straightforward copy trading on cryptos
  • The $10 minimum deposit and straightforward account opening process means beginners can get started quickly
  • A free demo account means new users and prospective traders can try the broker risk-free
Cons
  • Withdrawal fee on some funding methods
  • Premium platform tools come with an extra charge
  • Non forex and futures trading requires signing up with partner brokers
  • Average fees may cut into the profit margins of day traders
  • Narrower range of instruments than some competitors
  • No MetaTrader 4 platform integration
  • Execution speeds trail the fastest brokers
Awards
  • 2021 Benzinga Global Fintech Awards
Instruments
Forex, Stocks, Options, Commodities, Futures, Crypto Stocks, Options, ETFs, Crypto
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Trading Platforms
  • NinjaTrader Futures
  • eSignal
  • Own
Payment Methods
Minimum Trade
0.01 Lots $10
Regulator
NFA, CFTC SEC, FINRA
Margin Trading
Yes No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS, Android & Windows
Auto Trading
NinjaScript or via Automated Trading Interface Copy multiple traders simultaneously with the flexibility to pause and stop. Crypto only.
Copy Trading
No Yes
Copy Trading Platform
Mirror the positions and strategies of other traders with the eToro US copy trading service. Users can get started in three easy steps - select a trader, enter an amount, and hit copy. Crypto only.
Social Trading
No Yes
Trade Signals
Yes No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$25 $10
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
Stock Exchanges
Commodities
Forex Trading
NinjaTrader supports the trading of popular currencies including the EUR/USD. The trading software also offers unique features tailored to forex trading, including specific order and market windows. Forex trading not offered
GBPUSD Spread
1.6
EURUSD Spread
1.3 NA
EURGBP Spread
1.6
Assets
50+
Cryptocurrency
Trade micro Bitcoin futures with low fees and leading charting tools. Get exposure to Bitcoin through CME Group's centralized exchange with robust risk management tools. eToro US leads the way in cryptocurrency trading. 1% fee for buying or selling crypto added to the spread (from 0.75% for BTC), with their own wallet service and the largest number of cryptos to trade in the market. eToro copy trading is only for cryptos. Crypto asset investing is highly volatile and unregulated. No consumer protection. Tax on profits may apply.
Spread
Floating BTC 0.75%
Coins
  • BTC
  • BTC
  • ETH
  • BCH
  • DASH
  • LTC
  • ETC
  • MIOTA
  • XLM
  • EOS
  • NEO
  • ZEC
  • XTZ
  • MKR
  • COMP
  • LINK
  • UNI
  • YFI
  • DOGE
  • AAVE
  • ALGO
  • MANA
  • ENJ
  • BAT
  • MATIC
  • FLR
  • SHIBxM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Review
Review
https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
More Comparisons
NinjaTrader
vs
 eToro USA
vs