TradingCritique

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FP Markets vs NinjaTrader : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

FP Markets

FP Markets

VS
NinjaTrader

NinjaTrader

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

ECN broker

ECN/STP

Years of Existence / Established Year

2005

2003

Customer Base / Number of Accounts

No information

1.5M


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Regulation & Security

Regulations (governing bodies)

ASIC, CySEC, FSCA, FSA, SVG

CFTC NFA

Awards Won (count for the last 2 years)

Best CFD Broker - Africa, Best Trading Experience - Africa, Most Trusted Broker in 2023, Best Price Execution in 2024, Most Transparent Broker and Best Trading Conditions in 2024.

Leading Broker in TASC's 2024 Readers' Choice Awards 2024 Great Place to Work Best Brokerage for Trading Futures at Benzinga Global Fintech Awards 2023

Security Measures

No

SIPC & FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

10,000+ trading instruments

115+ trading instruments

Currency Pairs

Yes

No

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

No

Yes

Options

No

Yes

Futures

No

Yes

Bonds

Yes

Yes

Mutual Funds

No

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

Yes

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

No

MT5

Yes

No

cTrader

Yes

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

No

Ninjatrader 8

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Forex account - Standard and raw MT4-MT5 account, Islamic forex account - Raw account and standard MT4-MT5 account

Free Plan Lifetime Plan Monthly Plan

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$100

$0

Leverage Available

500:1

No

Trade Limit (maximum per trade)

Depends on the asset type

Depends on assets type

Commission (per account type)

$3

Free- $0.35 per micro and $1.29 per standard, Monthly- $0.25 per micro and $0.99 per standard, Lifetime- $.09 per micro contract and $0.59 per standard

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Beginners & experienced


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Deposit & Withdrawal Options

Deposit Methods

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

ACH Transfer Debit Card Wire Transfer / SEPA By Check

Withdrawal Methods

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

Bank Transfer

Other E-Wallets Supported

Skrill, Neteller, Asia bank, Stic Pay, Fasa pay, Virtual Pay, Rupee pay, Rapyd, Perfect Money, Crypto payment, Dragon Pya, Rapid transfer

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading courses, Live webinars, Podcasts, Trading guides, Platform tutorials, Ebooks, Trading glossary

Video tutorials Learning tools Technical analysis


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Fees & Commissions

Trading-Related Fees

Forex- 3.50, Metals -3.50, Commodities- built into spread, Indices- Built into spread

$.05 to $.25 per contract

Spread (typical, fixed, variable)

Typical

variable

Per Lot Fees

$2

NA

Options Contract Fees

NA

$0.25 per contract (order routing fees)

Futures Contract Fees

NA

$0.29 to $.85

Markup Fees on Spread

NA

Variable

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

500:1

NA


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Non-Trading Fees

Dormant Fees

$0

$25 monthly

Subscription Fees (for premium features, data feeds)

$0

Volume Indicators - $59 Data Fees - $4 per exchange Multi-License broker - $99

Advisory Fees

$70

NA

Swap Fees (Overnight Financing)

Long- $5.79, short- $2.59

$50

Statement or Document Fee

NA

NA

Account Opening Fee

$0

Free Plan - $0 Monthly Plan - $99 Lifetime Plan - $1499

Account Maintenance Fee

$0

NA

Deposit Fee

$0

ACH - Free Domestic Wire Transfer - $30

Currency Conversion Fee

Starts from 0.06 to 0.30 %

1% of currency converted, minimum 10 units of currency sold

Withdrawal Fee

Upto $50

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

Depends on the assets type


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24/5

Customer Support Methods (phone, email, live chat)

Phone: Toll-free: +44 28 2544 7780, E-mail: [email protected], Live chat

Emergency trade desk: 312.423.2234 General inquiries: 1.800.496.1683 Fax: 312.329.9888 Email: mailto:[email protected] , Live chat

Support Languages

12+

1


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Additional Information

Headquarters Location

Sydney,Australia

222 N LaSalle Street Suite 1450, Chicago, IL 60601

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
FP Markets stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, NinjaTrader offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
The account creation flow at FP Markets is modern and app-driven, making it seamless for new users. NinjaTrader, however, leans toward traditional processes with forms and verifications that take more time.
FP Markets integrates well with algorithmic trading tools and third-party plugins. In contrast, NinjaTrader emphasizes educational content and built-in research features within its platform.
FP Markets supports complex strategies and asset diversity, while NinjaTrader offers clarity and low-cost access for long-term holders.