NinjaTrader vs Firstrade

NinjaTrader vs Firstrade Comparison Table 2023
NinjaTrader	Firstrade
Review 4.5 NinjaTrader is #3 in our broker rankings.	Review 4 Firstrade is #27 in our broker rankings.
Traders from US accepted	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
ACH Transfer Debit Card Wire Transfer	ACH Transfer Automated Customer Account Transfer Service Cheque Wire Transfer
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
Chicago Mercantile Exchange New York Stock Exchange	Nasdaq New York Stock Exchange
Commodities
Oil
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

Review	Review
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NinjaTrader vs	Firstrade vs