NinjaTrader vs Firstrade

NinjaTrader vs Firstrade Comparison Table 2023
NinjaTrader Firstrade
4.5

NinjaTrader is #3 in our broker rankings.

4

Firstrade is #27 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.

Firstrade is a US-headquartered discount broker-dealer. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular online brokerage.

Bonus Offer
Deposit Bonus Up To $4000
Promotions

Get $200 In Transfer Fee Rebates When You Switch To Firstrade

Comment by Reviewer
"We recommend NinjaTrader for high-volume futures traders looking for low fees and premium analysis tools."
Pros
  • Excellent trading software for active users with bespoke widgets and indicators
  • 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
  • Low minimum deposit
  • Good execution speed
  • Strong regulatory oversight
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
  • No demo account
  • No copy trading
  • No MT4 integration
  • Few payment methods
  • Narrow range of investments
Awards
  • 2021 Benzinga Global Fintech Awards
  • Best for ETF & Active Investor Commission & Fees - 2019
Instruments
Stocks, Futures, E-minis, Options, Forex, Crypto Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed
Demo Account
Yes No
Minimum Deposit
$50 $0
Payment Methods
Minimum Trade
Varies by asset $1
Regulator
NFA, CFTC SEC, FINRA
Margin Trading
Yes Yes
Margin Rate
4.50%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
Yes No
Trading Central
No 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 Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No Yes
Guaranteed Stop Loss
No No
Islamic Account
No No
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 pips
EURUSD Spread
1.3 pips
EURGBP Spread
1.6 pips
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. Take positions on 35+ cryptocurrencies with low fees and 24/7 investing.
Spread
Floating Variable
Coins
  • BTC
  • ALGO
  • AVAX
  • BAT
  • BTC
  • BCH
  • ADA
  • LINK
  • ATOM
  • CRO
  • CRV
  • MANA
  • DOGE
  • ETH
  • ETC
  • FTM
  • LTC
  • LRC
  • MATIC
  • REN
  • SHIB
  • SOL
  • XLM
  • SUSHI
  • GRT
  • UNI
  • YFI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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