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

Broker Name

NinjaTrader

NinjaTrader

VS
Oanda

Oanda

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Broker Overview

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

ECN/STP

Market maker

Years of Existence / Established Year

2003

1996

Customer Base / Number of Accounts

1.5M

50M


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Regulation & Security

Regulations (governing bodies)

CFTC NFA

CFTC / NFA FCA MAS CIRO ASIC FSA FSC in the BVI

Awards Won (count for the last 2 years)

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

Broker of the year by TradingView Awards 2023 Most popular broker 3 years in a row in TradingView Awards 2020, 2021, 2022

Security Measures

SIPC & FSCS

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

115+ trading instruments

68+ major currency pairs

Currency Pairs

No

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

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)

Yes

No

Equities

Yes

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Ninjatrader 8

Oanda Mobile and Tablet apps

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Free Plan Lifetime Plan Monthly Plan

Standard account Corporate account Professional trading account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$0

Leverage Available

No

50:1

Trade Limit (maximum per trade)

Depends on assets type

Varies by instrument

Commission (per account type)

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

Standard - $50/M Premium - $50/M Premium Plus - $40/M

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

Beginners & experienced

Only experienced


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Deposit & Withdrawal Options

Deposit Methods

ACH Transfer Debit Card Wire Transfer / SEPA By Check

Bank Wire Transfer ACH Debit card

Withdrawal Methods

Bank Transfer

Debit card Bank Wire transfer

Other E-Wallets Supported

No

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Video tutorials Learning tools Technical analysis

Technical Analysis Premium MetaTrader Tools MT5 comes with inbuilt signal alerts, using latest NLP technology Spreads calculators


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Fees & Commissions

Trading-Related Fees

$.05 to $.25 per contract

Spread starts from 0.0, commission- $30 per 1M

Spread (typical, fixed, variable)

variable

Typical

Per Lot Fees

NA

NA

Options Contract Fees

$0.25 per contract (order routing fees)

NA

Futures Contract Fees

$0.29 to $.85

NA

Markup Fees on Spread

Variable

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

NA

50:1


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Non-Trading Fees

Dormant Fees

$25 monthly

10 units of the currency for inactivity atleast 12 months.

Subscription Fees (for premium features, data feeds)

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

$0

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

$50

Vary on instruments and change on a daily basis

Statement or Document Fee

NA

$0

Account Opening Fee

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

$0

Account Maintenance Fee

NA

$0

Deposit Fee

ACH - Free Domestic Wire Transfer - $30

$0

Currency Conversion Fee

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

0.50%

Withdrawal Fee

$0

USD - First withdrawal fee in a calendar month Bank transfer / wire transfer - $20 Debit card - no feeUSD - additional withdrawals in a calendar month Bank transfer / wire transfer - fee + $15 Debit card - $15ACH - No fee


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the assets type

All FX products - Sunday 17:05 - Friday 16:59 Cryptocurrency - 24/7


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Customer Support

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

24/5

24x5

Customer Support Methods (phone, email, live chat)

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

Email: mailto:[email protected] Monday to Friday - 8:00 to 20:00 CET Poland (+48)799366830 Malta (+356)20345018 Spain (+34)910479707 France (+33)182884361 Germany (+49)6995019607

Support Languages

1

4


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Additional Information

Headquarters Location

222 N LaSalle Street Suite 1450, Chicago, IL 60601

Dashwood House 64, Old Broad Street London EC2M 1QS

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.
While NinjaTrader maintains low trading fees with no minimum deposit, Oanda includes some charges for premium features and certain asset trades, making NinjaTrader the better option for budget-focused traders.
Creating an account with NinjaTrader is generally faster and more user-friendly, often taking just a few minutes, while Oanda requires more detailed steps and identity verification, which may suit more cautious investors.
NinjaTrader excels in real-time trade execution with minimal latency, whereas Oanda complements its execution with strong analytical modules and educational support within the platform.
NinjaTrader stands out for active traders with robust tools, while Oanda suits investors seeking simplicity and ease of use.