NinjaTrader review
Trust 8.3/10US-based futures and forex broker with the institutional-grade NinjaTrader 8 platform and NinjaScript algorithmic framework. Long the platform of choice for US futures day traders and now part of Kraken.
CFTC-NFA
HQ United States
Est. 2003
Segregated client funds. Affiliate link — supports the site at no cost to you.
At a glance
Min deposit
$0.00
Max leverage
1:50
EUR/USD spread
0.50 pips
Commission
$5/lot
Pros
- NFA-regulated US broker
- NinjaTrader 8 with advanced charting and order types
- NinjaScript for custom strategies
- TradingView integration
- Cheap futures commissions ($0.59 per contract)
Cons
- US-only client base
- No MT4 or MT5
- FIFO rule and no hedging
- USD only base currency
- Forex offering thin compared to specialists
Account types
| Account | Available | Best for |
|---|---|---|
| Raw / ECN spread | Scalpers, algo traders, high-volume | |
| Standard | All-in spreads, simpler costs | |
| Swap-free / Islamic | Swing traders, religious requirements |
Platform support
| Platform | Supported |
|---|---|
| cTrader | |
| MetaTrader 4 | |
| MetaTrader 5 | |
| TradingView | |
| Proprietary |
Trading costs
| Item | Value |
|---|---|
| EUR/USD avg spread | 0.50 pips |
| Commission per standard lot | $5 round-trip |
| Swap fees competitive? | |
| Withdrawal speed | 48 hours |
| Deposit methods | Bank Wire, ACH, Credit/Debit Card |
| Base currencies | USD |
Best for
Algo traders
Day traders
Scalpers