Does NinjaTrader have a custody fee?

Wondering if NinjaTrader charges a custody fee is like trying to figure out if an airline has hidden baggage fees. It might be confusing. Let me make it simple for you.

Good news – they don’t charge one. With no custody fees at NinjaTrader, you can keep more of your money working for you.

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

NinjaTrader is a US-based software company that has an excellent desktop application for advanced users, particularly futures traders. NinjaTrader is an NFA-registered company and an introducing broker of brokers like Phillip Capital and Dorman Trading.

NinjaTrader custody fee explained:

[Broker name] custody fee explained:

Adam Nasli

Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Learn about our methodology

Adam Nasli

Trading • Safety • Market Analysis

Together with my brokerage analyst colleagues, I thoroughly tested the services of NinjaTrader by opening a real-money account and executing actual trades on its platforms. Here’s what you need to know about the custody fee at NinjaTrader.

• Custody fees are like paying for parking in a secure garage.

• Look out for other non-trading fees.

• Still looking for the best broker? Check our top list.

Just as you pay to keep your car safe from theft and weather damage, a custody fee ensures your investments are securely stored and managed.

For example, consider an investment account worth $75,000. You might pay a custody fee of 0.3% per year, amounting to $225 annually.

This fee covers the costs of safekeeping, insurance, and administrative services, providing you with peace of mind that your assets are protected. It is typically a percentage-based fee calculated based on the value of the positions you are holding.

NinjaTrader non-trading fees and more

While custody fees are one piece of the puzzle, it's important to be aware of other potential fees that might appear in your investment account.

Just like those unexpected service charges on your phone bill, brokers can have a range of non-trading fees that add up if you're not careful. Let’s take a closer look at these fees at NinjaTrader so you can avoid surprises and keep your investment costs in check.

Data updated on September 18, 2024

To learn more about NinjaTrader's fees and charges, read our article about NinjaTrader's fee structure.

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If you are looking for the best broker, check our top list.

BrokerChooser evaluates 9 key areas for all brokers including fees, safety, ease of account opening, education, and trading platforms. We check more than 600 criteria for each broker and finetune our methodology every year based on our own and our users' experiences. We have more than 100 brokers reviewed on our site and our team of analysts examines more than 60,000 data points overall.

If you are interested in NinjaTrader in general, check our comprehensive review.