Discover our detailed comparison of Fidelity and Ninjatrader to help determine which is best for you. Whether you’re a seasoned trader or just starting out, choosing the right platform can significantly impact your trading experience.
To make your research easier, we manually found key data for Fidelity and Ninjatrader across the internet and compiled it all in this article.
Key Characteristics of Fidelity and Ninjatrader
Provider | Platform Type | Tradeable Assets | Charting Features | Data | Premium Pricing |
---|---|---|---|---|---|
Fidelity Visit Site | Brokerage Platform | Stocks, ETFs, Mutual Funds, Options, Index Options, Bonds | Active Trader Pro Platform | Real-time data with funded account | No premium features |
Ninjatrader Get a Funded Account | Futures Brokerage Platform | Futures, Futures Options, Forex | Free charting platform + premium charting option including volume profile and footprint | Real-time data with funded account | $99 per month or $1,499 lifetime for reduced commissions |
Overview of Fidelity
Fidelity is a well-established brokerage firm known for its comprehensive range of financial services. It is one of the only institutions that offers zero-cost mutual funds, at the expense of less frequent dividend payments. While they don’t offer leverage products like futures, they allow you to invest in crypto, and they are one of the only brokerages that provides custody of the fund’s Bitcoin.
Overview of Ninjatrader
NinjaTrader is a futures trading platform known for its advanced charting, trade simulation, and market analysis tools, targeting active traders who require detailed technical analysis capabilities and automated trading strategies. NinjaTrader has extremely competitive commissions for futures contracts, but doesn’t support many other assets. There is also a minimum account activity fee, so you must trade at least once per month to avoid this $25 fee.
Who is Fidelity Best For?
Fidelity is best for long-term investors, but not as much for active traders seeking leveraged products like futures contracts. However, the options trading fees are competitive, they provide many low-cost investment funds, and they allow you to invest in cryptocurrency, making it a great all-around brokerage.
Who is Ninjatrader Best For?
NinjaTrader is best for those specifically looking to trade futures. It has much lower futures commissions than the bigger brokers, but it does not directly support equity trading.
Trading Features and Tools
Provider | DRIP | Margin Trading | Insurance | Mobile App |
---|---|---|---|---|
Fidelity Visit Site | Yes, no fees | Yes | SIPC Insured | Yes |
Ninjatrader Get a Funded Account | No equity | Yes | Not insured | Yes |
Trading Costs and Commissions Compared
Fee Type | Fidelity Visit Site | Ninjatrader Get a Funded Account |
---|---|---|
Equity Commission | Free | No equity |
Option Commission | $0.65 per contract | No equity options |
Futures Commission | No futures | $1.29 per contract, $0.35 micro |
Futures Options Commission | No futures options | Not specified, likely the same as regular futures |
Option Exercise Fee | None | None |
Fidelity vs Ninjatrader – Bottom Line
Choosing between Fidelity and Ninjatrader depends on your specific trading needs, preferred trading tools, and the type of assets you’re interested in.
Both platforms offer distinct advantages, but by considering the detailed comparison above, you can select the one that aligns best with your trading strategy and goals.
For more detailed reviews and comparisons, continue exploring our other articles on brokerage platform comparisons.
What is the Overall Best Charting Software?
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- All of TradingView’s key features are free to use
- TradingView provides real-time data for free whenever possible
- You are not tied to a single broker and can use whichever you want while charting on TradingView
- You can track all markets on a single platform, including stocks, ETFs, crypto, forex, and futures.
- TradingView has an excellent economic calendar and various screeners
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