NinjaTrader vs OctaFX

NinjaTrader vs OctaFX Comparison Table 2023
NinjaTrader	OctaFX
Review 4.5 NinjaTrader is #3 in our broker rankings.	Review 4.1
Traders from US accepted	Traders from US not 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.	OctaFX offers commission-free multi-asset trading on MT4 & MT5 platforms with tight floating spreads. Users can also benefit from a proprietary copy trading service.
Bonus Offer
	Up to 50% deposit bonus
Promotions
	Get A 50% Bonus On Each Deposit At OctaFX
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	Full range of investments Low minimum deposit Highly rated MetaTrader 4 and 5 Copy trading Commission-free trading Mobile app compatibility Negative balance protection (Within EU) No deposit & withdrawal fees Comprehensive educational content Bonuses and contests available (non-EU) High Leverage 1:500 (non-EU) Demo account with access to unlimited virtual funds Offers Islamic accounts
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	Few payment methods No global stocks trading Zero pip spreads unavailable The global entity is regulated offshore Small selection of tradeable instrument
Awards
2021 Benzinga Global Fintech Awards	Most Secure Broker Indonesia 2022- International Business Magazine Best Global Broker Asia 2022- International Business Magazine Best Forex Broker Pakistan 2022- Global Brands Best Forex Broker India 2022- World Finance Best Mobile Trading Platform 2022- FXDailyInfo Best In Class For Social Copy Trading 2022- Forexbrokers.com Best Trading Conditions Asia 2021- World Business Outlook
Instruments
Stocks, Futures, E-minis, Options, Forex, Crypto	Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$50	$100
Payment Methods
ACH Transfer Debit Card Wire Transfer	Credit Card Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
Varies by asset	0.01 lots
Regulator
NFA, CFTC	SVGFSA, CySEC
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	Yes
eSignal
Yes	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	Yes
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	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
	Yes (iOS & Android)
Auto Trading
Yes	Yes
Copy Trading
No	Yes
Copy Trading Platform
	Copy trading in OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance for live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time.
Social Trading
No	Yes
Trade Signals
Yes	Yes (EAs)
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	0
Islamic Account
No	Yes
Account Currencies
USD	USD EUR
Stock Exchanges
Chicago Mercantile Exchange New York Stock Exchange	Dow Jones FTSE UK Index Nasdaq
Commodities
Oil	Gasoline Gold Natural Gas Oil Silver
CFD Trading
CFD trading not offered	Trade CFDs on the financial markets with floating spreads and flexible leverage.
Leverage
	1:500 (Global), 1:30 (EU)
FTSE Spread
	1.8
GBPUSD Spread
	1.1
Oil Spread
	0.7
Stocks Spread
	Variable
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.	OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips.
Forex App
	OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.
GBPUSD Spread
1.6 pips	1.1
EURUSD Spread
1.3 pips	0.7
EURGBP Spread
1.6 pips	2.1
Assets
50+	35
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.	Trade 30+ popular digital currencies paired with the USD.
Spread
Floating	Variable
Coins
BTC	BTC LTC ETH ZEC SOL ADA DOT ATOM LINK AVAX BTB MANA MATIC NEAR IOTA DOGE DASH ALGO AAVE
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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