Overview of NinjaTrader fees and charges

It's safe to say that NinjaTrader's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use NinjaTrader even in case you trade frequently like multiple times a week or daily.

Here's a high level overview of NinjaTrader's fees

NinjaTrader Fees snapshot
Assets Fee level Fee terms
US stock fee - Available if you connect brokers, like TD Ameritrade
EURUSD fee - Available if you connect brokers, like FXCM, Forex.com, or Oanda
US tech fund fee - Not available
Inactivity fee Low $25 per month if you access market data, but don't place any round trade (buy and sell)

NinjaTrader fees
NinjaTrader fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely due to the fact that online brokerages' businesses can be much better scaled: From a purely technical standpoint it doesn't make that much of a difference for them if they have 100 or 5000 clients.

This is not to say however that they don't have any fees at all. They make money by charging you at various events for various rates. Usually you need to keep an eye on these 3 types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually do a trade, i.e. buying an Apple stock or an ETF. What you pay is either a commission, a spread or financing rate. Some brokers apply all of these.
    • A commission is either based on the traded volume or it is fixed.
    • A spread is the difference between the buy price and the sell price
    • Financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These occur related to some operations you make in your account, i.e. depositing money to your account, withdrawing money from it or not trading for an extended amount of time.

We compare NinjaTrader fees with its closest competitors, Interactive Brokers and Saxo Bank.

NinjaTrader fees
NinjaTrader trading fees

NinjaTrader's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).

Let's break down the trading fees into the different asset classes available at NinjaTrader.

Trading fees

NinjaTrader's trading fees are low.

Options fees

NinjaTrader's options fees are .

Stock index options fees of 10 contracts
NinjaTrader Interactive Brokers Saxo Bank
US stock index options - $6.5 $40.0
UK stock index options - $20.4 $36.0
German stock index options - $12.1 $44.0

Futures fees

NinjaTrader's futures fees are low.

Stock index futures fee of 10 contracts
NinjaTrader Interactive Brokers Saxo Bank
US micro e-mini stock index futures $3.5 $2.5 $40.0
UK stock index futures $12.9 $20.4 $36.0
German e-mini stock index futures $12.9 $8.8 $44.0

Crypto fees

Financing rates

NinjaTrader financing rates are .

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

NinjaTrader yearly financing rates
NinjaTrader Interactive Brokers Saxo Bank
Apple CFD financing rate - 4.3% 6.7%
Vodafone CFD financing rate - 1.7% 5.2%
EURUSD financing rate - 3.7% 3.9%
EURGBP financing rate - 2.3% 2.0%

NinjaTrader fees
NinjaTrader non-trading fees

When it comes to looking at all the non-trading fees NinjaTrader is an expensive broker. This means that they tend to charge you a lot for non-trading related activities on your trading account, like withdrawal fee.

Non-trading fees include various brokerage fees and charges at NinjaTrader that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how NinjaTrader stacks up in non-trading fees
NinjaTrader Interactive Brokers Saxo Bank
Withdrawal fee $40 $0 $0
Deposit fee $0 $0 $0
Inactivity fee Yes Yes Yes
Account fee No No No

NinjaTrader fees
NinjaTrader deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and NinjaTrader is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods NinjaTrader offers.

NinjaTrader deposit methods
NinjaTrader Interactive Brokers Saxo Bank
Bank transfer Yes Yes Yes
Credit/Debit card No No Yes
Electronic wallets No No No
Deposit fee $0 $0 $0

NinjaTrader fees
NinjaTrader withdrawal fee

Unfortunately, quite like the majority of the online brokers we have reviewed NinjaTrader does charge a withdrawal fee of $40 for the bank transfer. This means that you need to pay this amount of money when you transfer your money back to your bank account. It's up to you to decide whether this is a high amount or not as it's dependent mostly on the size of the transferred amount.

NinjaTrader withdrawal fees and options compared
NinjaTrader Interactive Brokers Saxo Bank
Bank transfer Yes Yes Yes
Credit/Debit card No No Yes
Electronic wallets No No No
Withdrawal fee with bank transfer $40 $0 $0

NinjaTrader fees
NinjaTrader inactivity fee

NinjaTrader does apply an inactivity fee and it is $25 per month if you access market data, but don't place any round trade (buy and sell). This means that you need to be strategic about your trading activity to avoid getting charged after a longer time of no trade. The fact that NinjaTrader charges an inactivity fee makes it less ideal for you if you are a buy and hold investor.

NinjaTrader has low inactivity fee.

NinjaTrader Interactive Brokers Saxo Bank
Inactivity fee Yes Yes Yes
Inactivity fee $25 per month if you access market data, but don't place any round trade (buy and sell) $20 per month if you have less than $2,000 account balance and if you don't generate minimum $20 in commissions. $10 for accounts having at least $2,000 account balance, while no inactivity fee for US clients choosing IBKR Lite plan. In the UK, £25 after one quarter of inactivity. SIPP and ISA accounts are exempt from this fee. In non-UK countries, $100 after 6 months of inactivity.

Read more about NinjaTrader inactivity fee on their own site.

Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of Brokerchooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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