Compare 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.
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NinjaTrader
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OANDA US
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NinjaTrader is a US-based brokerage regulated 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. | OANDA is a well-known broker that excels in quick trade executions, a low deposit requirement, and impressive charting and trading platform functions. The highly-regarded brand has over 25 years of expertise and is overseen by reliable authorities like the NFA/CFTC. It provides 24/7 support for traders and offers flexible contract sizes with automated trade executions. | |
| Instruments | Futures, Forex, Stocks, Options, Commodities, Futures, Crypto (non-futures depend on provider) | Forex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA) |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $0 (live trades must meet intraday margin minimums, e.g., $50 to trade micro contracts) | $0 |
| Trading Platforms | NinjaTrader Desktop, Web & Mobile, eSignal | OANDA Trade, MT4, TradingView, AutoChartist |
| Payment Methods | ACH Transfer, Cheque, Debit Card, Wire Transfer | ACH Transfer, Debit Card, Mastercard, Visa, Wire Transfer |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | NFA, CFTC, CySEC | NFA, CFTC |
| Account Currencies | USD, EUR, GBP, CAD, AUD | USD, EUR, GBP, AUD, JPY, CHF, HKD, SGD |
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| Mobile Apps | iOS & Android | iOS & Android |
| App Review | OANDA's app excels with its customizable interface, allowing you to tailor the trading experience to your strategy by setting custom notifications and adjusting chart sizes and overlays. This personalization, along with quick response to market changes, risk management, and alerts on significant market events, makes it a market leader. | |
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| Margin Trading | ✓ | ✓ |
| Margin Rate | 2% | |
| AI / Machine Learning | ✗ | ✓ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✗ | ✗ |
| Market Maker | ✗ | ✓ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✓ | ✓ |
| Auto Trading | NinjaScript or via Automated Trading Interface | Expert Advisors (EAs) on MetaTrader |
| 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). | OANDA provides an impressive assortment of 68 currency pairs. Their custom trading platform features robust trading tools through advanced TradingView charts. It includes over 65 technical indicators and 11 adjustable chart types, superior to many other options. | |
| GBPUSD Spread | 1.6 | 3.4 |
| EURUSD Spread | 1.3 | 1.6 |
| EURGBP Spread | 1.6 | 1.7 |
| Assets | 50+ | 65+ |
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. | Cryptocurrency trading is available through Paxos, an entity distinct from Oanda. This allows traders to speculate on major cryptocurrencies by market cap. The start rate for commissions is lower than many others, starting at 0.25%. In collaboration with Paxos, customers can trade cryptocurrencies on the itBit exchange directly through OANDA's platform. | |
| Crypto Spread | Floating | $100 |
| Crypto Coins | BTC | |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |