Your capital is at risk. Trade only with funds you can afford to lose.
NinjaTrader
#15 in our broker rankings
Accepts traders from Japan
Rating breakdown
- Regulation & trust4.10.4 lower than Interactive Brokers (4.5)
- Assets & markets3.51.2 lower than Interactive Brokers (4.7)
- Fees & costs4.3same as Interactive Brokers (4.3)
- Platforms & tools4.51.2 higher than Interactive Brokers (3.3)
- Accounts & banking3.30.2 lower than Interactive Brokers (3.5)
- Education4.00.3 lower than Interactive Brokers (4.3)
- Research4.00.4 lower than Interactive Brokers (4.4)
- Customer support4.01.0 higher than Interactive Brokers (3.0)
Interactive Brokers’s score. Numbers show the difference.
Interactive Brokers
Doesn't accept traders from Japan. See available CFD brokers
Not available in your countryRead Interactive Brokers review
Rating breakdown
- Regulation & trust4.50.4 higher than NinjaTrader (4.1)
- Assets & markets4.71.2 higher than NinjaTrader (3.5)
- Fees & costs4.3same as NinjaTrader (4.3)
- Platforms & tools3.31.2 lower than NinjaTrader (4.5)
- Accounts & banking3.50.2 higher than NinjaTrader (3.3)
- Education4.30.3 higher than NinjaTrader (4.0)
- Research4.40.4 higher than NinjaTrader (4.0)
- Customer support3.01.0 lower than NinjaTrader (4.0)
NinjaTrader’s score. Numbers show the difference.
| NinjaTrader | Interactive Brokers | |
|---|---|---|
| Overview | 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. | Interactive Brokers (IBKR) is a premier brokerage, providing access to over 170 markets across 40 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe. |
| Customer Reviews | Based on 1 customer reviews | Based on 4 customer reviews |
| Trustpilot Score | ||
| Comment by Reviewer | “NinjaTrader continues to meet the demands of active futures traders looking for low fees and premium analysis tools. The platform hosts top-rate charting features including hundreds of indicators and 10+ chart types.” | “Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry.” |
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| Awards | – |
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| Instruments | Futures, Forex, Stocks, Options, Commodities, Futures, Crypto (non-futures depend on provider) | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs |
| Demo Account | Yes | Yes |
| Minimum Deposit | $0 (live trades must meet intraday margin minimums, e.g., $50 to trade micro contracts) | $0 |
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| Minimum Trade | 1 contract | $1 |
| Regulator | NFA, CFTC, CySEC | SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS |
| Margin Trading | Yes | Yes |
| Margin Rate | – | 5.5% - 6.13% (depending on account tier) |
| STP Account | No | Yes |
| ECN Account | No | No |
| DMA Account | No | Yes |
| MAM Account | No | Yes |
| PAMM Account | No | No |
| LAMM Account | No | No |
| Demat Account | No | Yes |
| AI / Machine Learning | No | Yes |
| Robo Advisor | No | Yes |
| Negative Balance Protection | No | Yes |
| Market Maker | No | No |
| P2P Trading | No | No |
| Spot Trading | Yes | Yes |
| Mobile Apps | iOS & Android | iOS & Android |
| App Review | – | The IBKR Mobile app, available on both iOS and Android devices, makes your phone a powerful gateway to your IBKR accounts, offering you the freedom to keep an eye on portfolios, initiate trades, and dive into real-time quotes and charts, all while managing your account activities on the fly. This app stands out for its intuitive design, making it especially welcoming for those just starting their trading journey, providing a smoother and more accessible experience than the more complex TWS platform. |
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| Auto Trading | NinjaScript or via Automated Trading Interface | TWS API |
| 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 | Yes |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | $35 | $0 |
| Islamic Account | No | No |
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| CFD Trading | ||
| Overview | CFD trading not offered | Over 8,000 CFDs are offered on a vast array of instruments, encompassing stocks, indices, forex, and commodities. Moreover, the TWS platform lends itself to seasoned day traders, offering a comprehensive selection of over 100 order types and algorithms, alongside premium market data sourced from reputable sources such as Reuters and Dow Jones. |
| Leverage | 1:50 | 1:25 |
| FTSE Spread | – | 0.005% (£1 Min) |
| GBPUSD Spread | – | 0.08-0.20 bps x trade value |
| Oil Spread | – | 0.25-0.85 |
| Stocks Spread | – | 0.003 |
| Forex Trading | ||
| Overview | NinjaTraders supports the trading of popular currencies including the EUR/USD. The software also offers advanced features to streamline the trading experience, including complex order types like market if touched (MIT) and one cancels other (OCO). | IBKR presents an extensive range of over 100 major, minor, and exotic forex pairs, surpassing the offerings of nearly all leading alternatives, though not CMC Markets. Forex trading occurs over multiple platforms and boasts institutional-grade spreads starting from 0.1 pips and over 100 complex order types, including brackets, scale, and one-cancels-all (OCA) orders. |
| GBPUSD Spread | 1.6 | 0.08-0.20 bps x trade value |
| EURUSD Spread | 1.3 | 0.08-0.20 bps x trade value |
| EURGBP Spread | 1.6 | 0.08-0.20 bps x trade value |
| Assets | 50+ | 100+ |
| Cryptocurrency | ||
| Overview | You can get exposure to micro Bitcoin futures through the CME Group’s centralized exchange, which is highly regulated by the US CFTC. Micro contracts allow you to trade a fractional size of one Bitcoin, giving you more risk control and order flexibility. | IBKR lets you purchase and hold Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at competitive commission rates and without needing a crypto wallet. Additionally, there is a range of other diverse assets to explore, such as crypto indices like the NYSE Bitcoin Index, as well as futures contracts like the BAKKT Bitcoin Futures. |
| Spread | Floating | 0.12%-0.18% |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
Not available in your countryRead Interactive Brokers review