Online brokers compared for fees, trading platforms, safety and more. See how NinjaTrader stacks up against OvalX!
Last update of data—Dec 2022
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.
OvalX is a global forex and CFD broker regulated by the UK's FCA. Its parent company, Monecor (London) Ltd is listed on the London Stock Exchange.
Recommended for active traders focusing on futures.
Recommended for forex, spread and CFD traders looking for great funding and withdrawal options and an easy-to-use platform.
NinjaTrader
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.
Recommended for active traders focusing on futures.
OvalX
OvalX is a global forex and CFD broker regulated by the UK's FCA. Its parent company, Monecor (London) Ltd is listed on the London Stock Exchange.
Recommended for forex, spread and CFD traders looking for great funding and withdrawal options and an easy-to-use platform.
NinjaTrader's service is on par with OvalX's and a comparison of their fees shows that NinjaTrader's fees are slightly lower than OvalX's.
Account opening takes more effort at NinjaTrader compared to OvalX, deposit and withdrawal processes are considerably more complicated at NinjaTrader, while customer service quality is somewhat better than OvalX's.
Our experts rated the trading platform of NinjaTrader as being of the same quality as the platform of OvalX, found that clients have access to about the same number of markets and products with NinjaTrader, while OvalX provides less useful research and education.
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