Skip to content

Ninjatrader vs. Tradestation – A Detailed Comparison

Discover our detailed comparison of Ninjatrader and Tradestation 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 Ninjatrader and Tradestation across the internet and compiled it all in this article. 

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.

Overview of Tradestation

TradeStation is a brokerage firm that caters to active traders and very serious investors who demand a comprehensive platform with advanced trading features and analytical tools. While TradeStation is a solid brokerage, options traders must be aware of the abnormally high exercise fees.

Key Characteristics of Ninjatrader and Tradestation

FeatureNinjatraderTradestation
Platform TypeFutures Brokerage PlatformBrokerage Platform
Tradeable AssetsFutures, Futures Options, ForexStocks, ETFs, Mutual Funds, Options, Futures, Futures Options, Crypto, Forex
Charting FeaturesFree charting platform + premium charting option including volume profile and footprintDownloadable and web trading platforms
DataReal-time data with funded accountReal-time data with funded account
Premium Pricing$99 per month or $1,499 lifetime for reduced commissionsNo premium features

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.

Who is Tradestation Best For?

TradeStation is best suited for traders who need a sophisticated trading environment. Its platform might be overwhelming for beginners but is highly appreciated by experienced traders for its depth, flexibility, and range of professional-grade tools.

Trading Features and Tools

FeatureNinjatraderTradestation
DRIPNo equityNo
Margin TradingYesYes
InsuranceNot insuredSIPC Insured
Mobile AppYesYes

Trading Costs and Commissions Compared

Fee TypeNinjatraderTradestation
Equity CommissionNo equityFree
Option CommissionNo equity options$0.60 per contract
Futures Commission$1.29 per contract, $0.35 micro$1.50 per contract, $0.50 micro
Futures Options CommissionNot specified, likely the same as regular futures$1.50 per contract
Option Exercise FeeNone$14.95 fee at expiration, early exercise is $1.50 per contract with $5,95 minimum

Ninjatrader vs Tradestation – Bottom Line

Choosing between Ninjatrader and Tradestation 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?

I have reviewed and used nearly every trading platform available, and I believe that TradingView is the best overall charting software available. Here are some reasons why:

  • 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

If you sign up for a TradingView account using my affiliate link, you can get a 30-day free trial of its premium features plus a $15 credit toward your subscription. However, signing up for a free trial is not required, and you can use nearly all of its features with a basic free account. You can read my full review of TradingView to learn more. 

Related Trading Platform Comparisons


ETrade vs Tradestation

Tradovate vs thinkorswim

MT4 vs Schwab

StockCharts vs Vanguard

Fidelity vs Vanguard

Recent Posts

tradingview logo

Join over 50 million traders who trust TradingView!

Technical Analysis
tradingview logo

Join over 50 million traders who trust TradingView!

×

Get Our Stocks & Options 101 eBook for FREE!

Learn How To:
– Craft a stock portfolio
– Leverage options trading
– Build financial freedom