NinjaTrader vs TradeStation

NinjaTrader vs TradeStation Comparison Table 2023
NinjaTrader Review 2023 TradeStation Review 2023
4.5

NinjaTrader is #3 in our broker rankings.

3.5

TradeStation is #13 in our CFD 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.

TradeStation is a popular, SEC-regulated broker offering stock, CFD and futures trading through powerful proprietary trading platforms. Available assets vary by region, with CFD trading available on the global branch. The US-based broker has different pricing methods split to cater for active day traders, or longer term stock holders.

Comment by Reviewer
"We recommend NinjaTrader for high-volume futures traders looking for low fees and premium analysis tools." "TradeStation is a secure, tried-and-tested broker for stock traders who want a powerful, flexible platform. The $500 minimum deposit makes this broker a better fit for experienced traders."
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
  • Reputable brand with oversight from top US regulators
  • Powerful trading platform with desktop, webtrader and mobile app
  • Support for third-party platform add-ons
  • Fast and responsive customer service
  • Quick, straightforward account setup
  • Competitive commissions on US stocks
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
  • Limited ETF options with no commission-free ETFs
  • Expensive subscription fees for many add-ons
  • Pricing disadvantages less active traders
  • Limited free data and in-depth research
Awards
  • 2021 Benzinga Global Fintech Awards
Instruments
Forex, Stocks, Options, Commodities, Futures, Crypto Stocks, Futures, E-minis, CFD, Forex
Demo Account
Yes Yes
Minimum Deposit
$50 $500
Trading Platforms
  • eSignal
  • MT4
Payment Methods
Minimum Trade
0.01 Lots Min lot size will vary
Regulator
NFA, CFTC SEC
Margin Trading
Yes No
STP Account
No No
ECN Account
No No
DMA Account
No Yes
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 No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS, Android and Windows
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 No
Guaranteed Stop Loss
No No
Inactivity Fee
$25
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade CFDs on popular asset classes, including forex and stocks. FX CFD commissions are competitive at 0.6 basis points while for shares it's a minimum of $3 per order.
Leverage
1:50 1:20
FTSE Spread
N/A
GBPUSD Spread
N/A
Oil Spread
0.06 pips
Stocks Spread
0.2% Var
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. Speculate on 26 currencies including majors. Top-tier liquidity is available from 17 of the biggest forex dealing banks, alongside dynamic order management and low commissions.
GBPUSD Spread
1.6 Variable
EURUSD Spread
1.3 Variable
EURGBP Spread
1.6 Variable
Assets
50+ 26
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. Crypto trading not offered
Spread
Floating
Coins
  • BTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No Yes
Auto Market Maker
No No
More Comparisons
NinjaTrader
vs
TradeStation
vs