Alpaca Trading
NinjaTrader
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Traders interested in algorithmic stock trading
Recommended for Active traders focusing on futures
Best futures broker
USA
USA
Fees
Free stock and ETF trading, low non-trading fees
Low trading, but high non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
3
Deposit type
Withdrawal type
Account opening
$0
$400
1 day
>3 days
Social security number, other proof of residence
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement
Trading platform
Markets and products
Research, education
Great
Great
Customer service
Security
$500,000 (securities up to $500,000, cash up to $250,000)
No protection
2015
2003
USA
USA
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
Alpaca Trading's service is on par with NinjaTrader's and a comparison of their fees shows that Alpaca Trading's fees are similar to NinjaTrader's.
Account opening takes less effort at Alpaca Trading compared to NinjaTrader, deposit and withdrawal processes are about the same quality at Alpaca Trading, while customer service quality is lower than NinjaTrader's.
Our experts rated the trading platform of Alpaca Trading as being of the same quality as the platform of NinjaTrader, found that clients have access to slightly more markets and products with Alpaca Trading, while NinjaTrader provides just about the same quality of research and education.