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
| 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 | High | $25 per month if you log into the platform, but don't place any round trade |
NinjaTrader fees
NinjaTrader fees explained
We compare NinjaTrader fees with its closest competitors, Optimus Futures and AMP Futures.
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 .
| NinjaTrader | Optimus Futures | AMP Futures | |
|---|---|---|---|
| US stock index options | - | - | - |
| UK stock index options | - | - | - |
| German stock index options | - | - | - |
Futures fees
NinjaTrader's futures fees are low.
| NinjaTrader | Optimus Futures | AMP Futures | |
|---|---|---|---|
| US micro e-mini stock index futures | $3.5 | $2.5 | $1.4 |
| UK stock index futures | $12.9 | $7.5 | $9.8 |
| German e-mini stock index futures | $12.9 | - | $7.4 |
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 | Optimus Futures | AMP Futures | |
|---|---|---|---|
| Apple CFD financing rate | - | - | - |
| Vodafone CFD financing rate | - | - | - |
| EURUSD financing rate | - | - | - |
| EURGBP financing rate | - | - | - |
Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Currency conversion fee
NinjaTrader will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: $30 per currency conversion.
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.
| NinjaTrader | Optimus Futures | AMP Futures | |
|---|---|---|---|
| Withdrawal fee | $40 | $30 | $30 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | Yes | No | No |
| 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 | Optimus Futures | AMP Futures | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | No | No |
| 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 | Optimus Futures | AMP Futures | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | No | No | No |
| Electronic wallets | No | No | No |
| Withdrawal fee with bank transfer | $40 | $30 | $30 |
NinjaTrader fees
NinjaTrader inactivity fee
NinjaTrader does apply an inactivity fee and it is $25 per month if you log into the platform, but don't place any round trade. 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 high inactivity fee.
| NinjaTrader | Optimus Futures | AMP Futures | |
|---|---|---|---|
| Inactivity fee | Yes | No | No |
| Inactivity fee | $25 per month if you log into the platform, but don't place any round trade | No inactivity fee | No inactivity fee |
Read more about NinjaTrader inactivity fee on their own site.
