TD Ameritrade vs NinjaTrader

TD Ameritrade vs NinjaTrader Comparison Table 2024
TD Ameritrade	NinjaTrader
Review 4 TD Ameritrade is #35 in our broker rankings.	Review 4.5 NinjaTrader is #2 in our broker rankings.
Traders from US accepted	Traders from US accepted
TD Ameritrade is a leading discount brokerage offering a vast range of instruments including forex, stocks, futures, options and crypto. The company has nearly 40 years of experience and authorization from the SEC, FINRA and CFTC. Trading takes place via its well-known thinkorswim platform, which offers sophisticated tools and features including stock screeners and calculators.	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.
Comment by Reviewer
"Traders who want access to a huge range of stocks from a reputable broker with low fees should consider TD Ameritrade. On the downside, we miss access to the familiar MetaTrader 4 software."	"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."
Pros
Advanced order types, including OCO and brackets Automated trading capabilities, including robo-advisors Several trading platforms including proprietary award-winning software TD Ameritrade provides rich in-depth research and educational resources Extended 24/7 trading hours allow for international access to the markets The broker facilitates automatic syncing between desktop and mobile trading platforms There is access to over 350 technical studies, 20 drawing tools and 8 Fibonacci tools Active chat rooms to share ideas and communicate with thousands of experienced traders The Economic Data tool allows access to a range of data about the health of global economies Management Services and Essential Portfolios. Reviews of which show high levels of customer satisfaction Portfolio margin gives some users increased leverage by basing margin requirements on total portfolio risk	NinjaTrader continues to deliver comprehensive charting software for active day traders with bespoke technical indicators and widgets NinjaTrader is a widely respected and award-winning futures broker and is heavily authorized by the NFA and CFTC Low fees are offered, with $50 day trading margins & commissions from $.09 per micro contract Traders can get free platform access and trade simulation capabilities in the unlimited demo You can get thousands of add-ons and applications from developers in 150+ countries
Cons
CFD trading not available No MT4 or MT5 integration Fractional shares are not offered No direct cryptocurrency trading Broker-assisted trade commissions are around $25 Stringent margin maintenance requirements and high fees New traders may be overwhelmed by the vast amount of information and tools available	There is a withdrawal fee on some funding methods The premium platform tools come with an extra charge Non forex and futures trading requires signing up with partner brokers
Awards
Best Broker for Beginners 2022 - Investopedia Best Online Broker Awards Best Online Broker for Stock Trading Platform and Research 2022 - NerdWallet's Best-Of Awards #1 Platform & Tools, #1 Active Trading, #1 Options Trading, #1 Customer Service, and #1 Phone Support 2022 - StockBrokers.com Online Broker Review	2023 Benzinga Global Fintech Awards
Instruments
Forex, Stocks, ETFs, Cryptos, Futures, Options, Commodities, Bonds	Forex, Stocks, Options, Commodities, Futures, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Trading Platforms
eSignal AutoChartist	NinjaTrader Desktop Web & Mobile eSignal
Payment Methods
ACH Transfer Automated Customer Account Transfer Service Cheque TransferWise Wire Transfer	ACH Transfer Debit Card Wire Transfer
Minimum Trade
$0	0.01 Lots
Regulator
SEC, FINRA, CFTC	NFA, CFTC
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
Yes	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
TD Ameritrade offers currency trading via Android and iOS mobile and tablet apps. Users can speculate on over 75 currency pairs with low fees and advanced trading tools. Deposit funds and manage accounts in a few clicks.
Android App Rating
	3.2
iOS App Rating
	3
Auto Trading
Yes - Auto trading available via bots	NinjaScript or via Automated Trading Interface
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
Yes	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$25
Islamic Account
No	No
Account Currencies
USD	USD
Stock Exchanges
Dow Jones Japan Exchange Group Nasdaq New York Stock Exchange S&P 500 Toronto Stock Exchange Taiwan Stock Exchange	Chicago Mercantile Exchange New York Stock Exchange
Commodities
Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat	Oil
Forex Trading
Trade 70+ forex pairs including majors, minors or exotics via the desktop, mobile or webtrader app with no commission and 1:2 leverage. The choice of currencies is wider than most forex brokers.	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).
Forex App
TD Ameritrade offers currency trading via Android and iOS mobile and tablet apps. Users can speculate on over 75 currency pairs with low fees and advanced trading tools. Deposit funds and manage accounts in a few clicks.
GBPUSD Spread
Variable	1.6
EURUSD Spread
Variable	1.3
EURGBP Spread
Variable	1.6
Assets
75+	50+
Cryptocurrency
Gain exposure to cryptocurrency markets through OTC crypto trusts, mutual funds and ETFs and Bitcoin futures. This offers portfolio diversification opportunities and trading vehicles beyond standard crypto CFDs.	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.
Spread
Commission fees apply	Floating
Coins
BTC ETH MBT MET	BTC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review