Why choose NinjaTrader
NinjaTrader is one of the best brokers out there for futures traders, impressing us with its low futures fees and sophisticated tool set. Their charting tools are perhaps the best that I’ve ever encountered. A word of warning though: setting up your trading platform at NinjaTrader can be a headache if you lack experience or aren’t particularly tech-savvy.
- Low trading fees
- Great platform and research
- Quality educational materials
Fees
- Low trading fees
- Transparent fee structure
We compared NinjaTrader's fees with two similar brokers we selected, Optimus Futures and AMP Futures. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of NinjaTrader alternatives.
Low futures fees
US index futures fees are as follows - $0.35 per contract on Free license, $0.25 on Lease license, and $0.09 on Lifetime license.
Broker | US micro e-mini stock index futures |
---|---|
NinjaTrader | $3.5 |
Optimus Futures | $2.5 |
AMP Futures | $1.4 |
The commission charged by NinjaTrader depends on the license you choose. Besides, you have to pay fees independent from NinjaTrader, like exchange or order routing fees.
Free license | Lease license | Lifetime license | |
---|---|---|---|
Micro stock index futures | |||
Commission | $0.29 | $0.19 | $0.09 |
Exchange & NFA fee | $0.22 | $0.22 | $0.22 |
Order routing fee* | $0.10 | $0.10 | $0.10 |
E-mini stock index futures | |||
Commission | $1.29 | $0.89 | $0.59 |
Exchange & NFA fee | $1.25 | $1.25 | $1.25 |
Order routing fee* | $0.10 | $0.10 | $0.10 |
*The default order routing fee is $0.10, as 'Continuum' is the default connection. If you choose 'Rithmic' connection, the order routing fee would be $0.25 per contract
NinjaTrader has also low options on futures fees. The commission, exchange, and order routing fees are the same as futures fees.
Free license | Lease license | Lifetime license | |
---|---|---|---|
Commission | $1.19 | $0.89 | $0.59 |
Exchange & NFA fee | $1.25 | $1.25 | $1.25 |
Order routing fee | $0.10 | $0.10 | $0.10 |
High inactivity fee, no withdrawal fee
Broker | Inactivity fee | Withdrawal fee |
---|---|---|
NinjaTrader | $0 | |
Optimus Futures | $20 | |
AMP Futures | $30 |
The account fee depends on the license you choose:
- No account fee at 'Free' license
- $720 annual/$425 semi-annual/$225 quarterly fees at 'Lease' license
- For a 'Lifetime' license, there is a $1,099 single payment/$329 monthly payments for 4 months. This license is good for a lifetime
There is a $25 monthly inactivity fee, if you log in to the platform, but don't place any round trade (buy and sell).
Withdrawals have a high fee, too: $/€ 40 for international wire transfers and $30 for domestic wire transfers.
Safety
- Top-tier financial regulation
Deposit and withdrawal
- No deposit fee
- Quick withdrawal, less than 1 business day
Account opening
- Fully digital
- Low minimum deposit
Mobile app
Desktop platform
- Clear fee report
- Good customizability (for charts, workspace)
- Good variety of order types
- Many great tools for technical analysis