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.
|
Interactive Brokers
|
NinjaTrader
|
|
|---|---|---|
Interactive Brokers (IBKR) is a leading brokerage offering access to over 170 markets in 40 countries and a range of investment services. With 40+ years in the industry, this Nasdaq-listed company follows strict regulations by the SEC, FCA, CIRO, and SFC, making it a trusted global trading broker. | 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. | |
| Instruments | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies | Futures, Forex, Stocks, Options, Commodities, Futures, Crypto (non-futures depend on provider) |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $0 | $0 (live trades must meet intraday margin minimums, e.g., $50 to trade micro contracts) |
| Trading Platforms | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | NinjaTrader Desktop, Web & Mobile, eSignal |
| Payment Methods | ACH Transfer, Automated Customer Account Transfer Service, Cheque, TransferWise, Wire Transfer | ACH Transfer, Cheque, Debit Card, Wire Transfer |
| Minimum Trade | $100 | 0.01 Lots |
| Regulator | SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS | NFA, CFTC, CySEC |
| Account Currencies | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF | USD, EUR, GBP, CAD, AUD |
| Trust Rating | ||
| Assets & Markets Rating | ||
| Platforms Rating | ||
| Fees & Costs Rating | ||
| Customer Support Rating | ||
| Education Rating | ||
| Research Rating | ||
| Accounts & Banking Rating | ||
| Mobile Apps | iOS & Android | iOS & Android |
| App Review | The IBKR Mobile app for iOS and Android allows you to access your IBKR accounts, monitor portfolios, execute trades, and view real-time quotes and charts. Its user-friendly design is ideal for new traders, offering a simpler experience compared to the more complex TWS platform. | |
| Android App Rating | ||
| iOS App Rating | ||
| Awards |
| |
| Margin Trading | ✓ | ✓ |
| Margin Rate | 1.55 - 2.59% | |
| Account Types | STP, DMA, MAM, Demat | |
| AI / Machine Learning | ✓ | ✗ |
| Robo Advisor | ✓ | ✗ |
| Negative Balance Protection | ✓ | ✗ |
| Market Maker | ✗ | ✗ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✓ | ✓ |
| Auto Trading | Capitalise.ai, TWS API | NinjaScript or via Automated Trading Interface |
| Copy Trading | ✗ | ✗ |
| Social Trading | ✗ | ✗ |
| Trade Signals | ✓ | |
| VPS Hosting | ✗ | ✗ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✓ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $0 | $35 |
| Islamic Account | ✗ | ✗ |
Forex Trading | ||
IBKR offers more than 100 major, minor, and exotic forex pairs, more than almost any other option except CMC Markets. Forex trading is available on multiple platforms with institutional-grade spreads starting from 0.1 pips and over 100 complex order types, like brackets, scale, and one-cancels-all (OCA) orders. | 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 | 0.08-0.20 bps x trade value | 1.6 |
| EURUSD Spread | 0.08-0.20 bps x trade value | 1.3 |
| EURGBP Spread | 0.08-0.20 bps x trade value | 1.6 |
| Assets | 100+ | 50+ |
Cryptocurrency Trading | ||
IBKR allows you to buy and retain Bitcoin, Bitcoin Cash, Ethereum, and Litecoin with low commission fees and no need for a crypto wallet. You can also explore additional assets such as crypto indices, including the NYSE Bitcoin Index, and futures contracts like the BAKKT Bitcoin Futures. | 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. | |
| Crypto Spread | 0.12%-0.18% | Floating |
| Crypto Coins | BTC, LTC, ETH, XRP | BTC |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |