Top Lists for USACompare Brokers
We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
Quick Verdict
NinjaTrader is the winner in this comparison, outperforming Kraken after we recorded hundreds of data points and ran hands-on tests, earning it the higher overall rating and our recommendation.
| Feature |  NinjaTrader |
 Kraken |
|---|---|---|
NinjaTrader is a trusted brokerage for trading futures. It offers three different pricing plans for varied needs and budgets, along with extremely low margins on popular contracts. The company's renowned charting software and trading platform provides extensive customization options and excellent technical analysis features. | Kraken is a top cryptocurrency exchange with its own trading platform and over 450 crypto tokens. It offers transparent leverage with clear fees, plus an intuitive app that some of our team personally use for real-money trading and have found transfers smooth without issues. | |
| Instruments | Futures, Forex, Stocks, Options, Commodities, Futures, Crypto (non-futures depend on provider) | Cryptos, Pre-IPO Perpetual Futures, Tokenized Stocks |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $0 (live trades must meet intraday margin minimums, e.g., $50 to trade micro contracts) | $10 |
| Trading Platforms | NinjaTrader Desktop, Web & Mobile, eSignal | Kraken App, Kraken Pro, Kraken Futures, AlgoTrader, Quantower |
| Payment Methods | ACH Transfer, Cheque, Debit Card, Wire Transfer | ACH Transfer, Apple Pay, Bitcoin Payments, Credit Card, Debit Card, Etana, Ethereum Payments, Google Wallet, PayID, Wire Transfer |
| Minimum Trade | 1 contract | Variable |
| Regulator | NFA, CFTC, CySEC | FINTRAC, AUSTRAC, CySEC, CBI |
| Account Currencies | USD, EUR, GBP, CAD, AUD | USD, EUR, GBP, CAD, AUD, JPY, CHF |
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| Mobile Apps | iOS & Android | iOS & Android |
| App Review | We tested Kraken with a live account and found it easy to use, especially compared with Binance. You can explore tokens, manage your portfolio, and buy, sell, convert, or set recurring buys through the '+' icon in the bottom menu. 2FA and biometric login support secure access. It also offers a way to seek potential prop funding from the app. | |
| Android App Rating | ||
| iOS App Rating | ||
| Margin Trading | ✓ | ✓ |
| AI / Machine Learning | ✗ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✗ | ✗ |
| Market Maker | ✗ | ✗ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✓ | ✓ |
| Auto Trading | NinjaScript or via Automated Trading Interface | Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin |
| Copy Trading | ✗ | ✗ |
| Social Trading | ✗ | ✗ |
| Trade Signals | ✓ | |
| VPS Hosting | ✗ | ✗ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $35 | $0 |
| Islamic Account | ✗ | ✗ |
Forex Trading | ||
NinjaTraders allows traders to deal in widely traded currencies like EUR/USD. The platform provides sophisticated features geared towards enhancing trading practices, including specialized order options such as market if touched (MIT) and one cancels other (OCO). | ||
| GBPUSD Spread | 1.6 | |
| EURUSD Spread | 1.3 | |
| EURGBP Spread | 1.6 | |
| Assets | 50+ | |
Cryptocurrency Trading | ||
You can trade micro Bitcoin futures through the CME Group's regulated exchange. These micro contracts let you trade less than one Bitcoin, offering better risk management and more flexible orders. | is a crypto exchange offering over 600 cryptocurrencies, including major tokens like Bitcoin and altcoins. Traders can trade on spot markets with up to 1:5 leverage or futures with up to 1:50. The platform is easy to use, and fees are low. | |
| Crypto Spread | Floating | 0-0.26% average |
| Crypto Coins | BTC | AAVE, ALGO, ANT, REP, REPV2, BAT, BAL, XBT, BCH, ADA, LINK, COMP, ATOM, CRV, DAI, DASH, MANA, XDG, EWT, EOS, ETH, ETC, FIL, FLOW, GNO, ICX, KAVA, KEEP, KSM, KNC, LSK, LTC, MLN, XMR, NANO, OCEAN, OMG, OXT, PAXG, DOT, QTUM, XRP, SC, XLM, STORJ, SNX, TBTC, USDT, XTZ, GRT, TRX, UNI, USDC, WAVES, YFI, ZEC, BNB |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✓ |
| Auto Market Maker | ✗ | ✗ |
NinjaTrader
Kraken