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Rankings updated October 2026

NinjaTrader vs Kraken

Your capital is at risk. Trade only with funds you can afford to lose.

Higher rated

NinjaTrader

4.5/5

Taiwan flag Doesn't accept traders from Taiwan. See available forex brokers

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Rating breakdown

  • Regulation & trust4.11.1 higher than Kraken (3.0)
  • Assets & markets3.50.3 lower than Kraken (3.8)
  • Fees & costs4.30.4 higher than Kraken (3.9)
  • Platforms & tools4.51.0 higher than Kraken (3.5)
  • Accounts & banking3.30.5 lower than Kraken (3.8)
  • Education4.01.0 higher than Kraken (3.0)
  • Research4.02.5 higher than Kraken (1.5)
  • Customer support4.00.2 higher than Kraken (3.8)

Kraken’s score. Numbers show the difference.

Kraken

3.9/5

#54 in our crypto broker rankings

Taiwan flag Accepts traders from Taiwan

Rating breakdown

  • Regulation & trust3.01.1 lower than NinjaTrader (4.1)
  • Assets & markets3.80.3 higher than NinjaTrader (3.5)
  • Fees & costs3.90.4 lower than NinjaTrader (4.3)
  • Platforms & tools3.51.0 lower than NinjaTrader (4.5)
  • Accounts & banking3.80.5 higher than NinjaTrader (3.3)
  • Education3.01.0 lower than NinjaTrader (4.0)
  • Research1.52.5 lower than NinjaTrader (4.0)
  • Customer support3.80.2 lower than NinjaTrader (4.0)

NinjaTrader’s score. Numbers show the difference.

NinjaTrader vs Kraken comparison table 2026
NinjaTraderKraken
OverviewNinjaTrader 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.Kraken is a leading cryptocurrency exchange with a proprietary trading terminal and a list of 600+ tradeable crypto tokens. Up to 1:5 leverage is available with stable rollover fees on spot crypto trading and up to 1:50 on futures.
Customer Reviews
4
Based on 1 customer reviews
4.5
Based on 2 customer reviews
Trustpilot Score
3.8
3.2
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.”“Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record.”
Pros
  • Nano contracts — one-hundredth the size of standard contracts on NinjaTrader — allow traders to size positions with precision and manage risk at a much smaller scale, a meaningful advantage for those building positions gradually
  • NinjaTrader launched CME Group Single Stock futures in July 2026, allowing traders to express directional views in top U.S. companies like Nvidia, and Amazon without needing options
  • The market replay function is a standout feature — you can download tick-by-tick historical data, rewind to any specific date, and interact with it as if trading live, making it genuinely useful for both strategy testing and real-world practice
  • NinjaTrader's ecosystem gives traders access to thousands of add-ons and applications from developers across more than 150 countries, covering indicators, strategies, and custom tools that go well beyond what the platform ships with natively
  • Kraken enables accredited US investors to lock their cash and stablecoins up for fixed periods from 3 to 18 months with competitive fixed APY of up to 7%
  • 3D secure required
  • Kraken Pro offers perpetual futures through a CFTC-regulated venue
  • Low exchange fees on Kraken Pro
  • Kraken, via Payward, secured VARA authorization in the UAE, so it can offer local clients Dirham funding and trading pair
Cons
  • NinjaTrader was acquired by Kraken in May 2025, and while it continues to operate independently for now, traders who value long-term stability may have reservations about how the platform's direction and pricing could shift under new ownership.
  • Intraday margin requirements can spike by as much as four times in the 15 minutes leading up to major economic news releases, and may stay elevated for several minutes after volatility subsides — a detail that can catch underprepared traders off guard at exactly the wrong moment.
  • NinjaTrader was fined $250k in 2025 for failing to implement an adequate anti-money laundering (AML) program and for supervisory failures.
  • Slow verification process on Pro account
  • Insider data breach and extortion incident affecting customer data in April 2026
  • Low leverage on spot trading
  • Slow verification times
  • Does not support many newer altcoins
InstrumentsFutures, Forex, Stocks, Options, Commodities, Futures, Crypto (non-futures depend on provider)Cryptos, Pre-IPO Perpetual Futures, Tokenized Stocks
Demo AccountYesYes
Minimum Deposit$0 (live trades must meet intraday margin minimums, e.g., $50 to trade micro contracts)$10
Trading Platforms
  • NinjaTrader Desktop
  • Web & Mobile
  • eSignal
  • Kraken App
  • Kraken Pro
  • Kraken Futures
  • AlgoTrader
  • Quantower
Payment Methods
Minimum Trade1 contractVariable
RegulatorNFA, CFTC, CySECFINTRAC, AUSTRAC, CySEC, CBI
Margin TradingYesYes
STP AccountNoNo
ECN AccountNoNo
DMA AccountNoNo
MAM AccountNoNo
PAMM AccountNoNo
LAMM AccountNoNo
Demat AccountNoNo
AI / Machine LearningNoNo
Robo AdvisorNoNo
Negative Balance ProtectionNoNo
Market MakerNoNo
P2P TradingNoNo
Spot TradingYesYes
Mobile AppsiOS & AndroidiOS & Android
App Review–We've tested Kraken in a live account and it's an intuitive app, especially compared to alternatives like Binance. You can explore tokens, manage your portfolio, and set up a buy, recurring buy, sell or convert assets in a few taps after pressing the '+' icon in the bottom menu. 2FA and biometric login make for a secure mobile experience, while it's one of the few crypto apps to offer a route to secure potential prop funding from your palm.
Android App Rating
3.2
4.2
iOS App Rating
3
4.7
Auto TradingNinjaScript or via Automated Trading InterfaceKraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin
Copy TradingNoNo
Social TradingNoNo
Trade SignalsYes–
VPS HostingNoNo
TournamentsNoNo
Demo CompetitionsNoNo
Ethical InvestingNoNo
Custodial AccountNoNo
Guaranteed Stop LossNoNo
Inactivity Fee$35$0
Islamic AccountNoNo
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Stock Exchanges–
Commodities–
Forex Trading
OverviewNinjaTraders 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).Forex trading not offered
Assets50+–
Cryptocurrency
OverviewYou 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.Kraken is a specialized crypto exchange and supports more than 600 cryptocurrencies. These include all of the established tokens like Bitcoin as well as some altcoins. Traders can make trades on spot crypto markets with up to 1:5 leverage or on futures with up to 1:50. Fees are low and the platform is super easy to pick up.
SpreadFloating0-0.26% average
Coins
  • BTC
  • AAVE
  • ALGO
  • ANT
  • REP
  • REPV2
  • BAT
  • BAL
  • XBT
  • BCH
  • ADA
  • LINK
  • COMP
  • ATOM
  • CRV
  • DAI
  • DASH
  • MANA
  • XDG
  • EWT
  • EOS
  • ETH
  • ETC
  • FIL
  • FLOW
  • GNO
  • ICX
  • KAVA
  • KEEP
  • KSM
  • KNC
  • LSK
  • LTC
  • MLN
  • XMR
  • NANO
  • OCEAN
  • OMG
  • OXT
  • PAXG
  • DOT
  • QTUM
  • XRP
  • SC
  • XLM
  • STORJ
  • SNX
  • TBTC
  • USDT
  • XTZ
  • GRT
  • TRX
  • UNI
  • USDC
  • WAVES
  • YFI
  • ZEC
  • BNB
Crypto LendingNoNo
Crypto MiningNoNo
Crypto StakingNoYes
Auto Market MakerNoNo