TradingCritique

Select Your Brokers to Compare

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

Broker Name

NinjaTrader

NinjaTrader

VS
Questrade

Questrade

Icon

Broker Overview

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

ECN/STP

ECN

Years of Existence / Established Year

2003

1999

Customer Base / Number of Accounts

1.5M

Info not available


Icon

Regulation & Security

Regulations (governing bodies)

CFTC NFA

CIRO

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

DALBAR seal of service excellence in 2024 for the 6th consecutive year Canada's #1 rated online broker by MoneySense

Security Measures

SIPC & FSCS

CIPF

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

No

Negative Balance Protection

No

Yes


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

115+ trading instruments

GICs IPOs

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

No

Bonds

Yes

Yes

Mutual Funds

No

Yes

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

Yes

No

Equities

Yes

Yes


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

Ninjatrader 8

All-in-One Platforms Questrade Trading Quest MobileAdvanced Trading Platforms Questrade Edge Mobile Questrade Edge Questrade Global

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

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

Free Plan Lifetime Plan Monthly Plan

Tax-Free Savings Account - TFSA Registered Retirement Savings Plan - RRSP First Home Savings Account - FHSA Registered Education Savings Plan - RESP

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$250

Leverage Available

No

NA

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

Casual Traders (Basic) Stocks - $4.95 to $9.95 Options - $9.95 + $1 / contract ETFs - Free(sell 1c/share min $4.95 to max $9.95)Options and day traders (Fixed) Stocks - $4.95 to $9.95 Options - $4.95 + $0.75 / contract ETFs - Free (sell for $4.95 per trade)Volume traders (Variable) Stocks - $4.95 to $9.95 (min $0.01 to max $6.95) Options - $6.95 + $0.75 / contract ETFs - Buy for free (sell 1c/share min $4.95 to max $9.95)

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

Beginners & experienced

Beginners


Icon

Deposit & Withdrawal Options

Deposit Methods

ACH Transfer Debit Card Wire Transfer / SEPA By Check

Instant deposit (Visa & Interac Debit cards) - CAD only Online banking bill payment - CAD only Pre-authorized deposit - CAD & USD Transfers from other brokers - CAD & USD Wire transfer - CAD & USD Non-certified cheque - CAD & USD Stock certificate

Withdrawal Methods

Bank Transfer

EFTs (CAD or USD) Wire transfers (CAD or USD)

Other E-Wallets Supported

No

No


Icon

Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Video tutorials Learning tools Technical analysis

TradingView TipRanks OptionsPlay Multileg options trading


Icon

Fees & Commissions

Trading-Related Fees

$.05 to $.25 per contract

Stocks 1C / share (min $4.95 to max $9.95) ETFs Buy Free. Sell 1C / share (min $4.95 to max $9.95) Mutual funds - $9.95 per trade International equities - 1% of trade value Precious metals - $19.95 / trade Notes & debentures - $0.10 per $1,000 par value FX & CFDs - pips as low as 0.08

Spread (typical, fixed, variable)

variable

Fixed

Per Lot Fees

NA

$1 per contract for options

Options Contract Fees

$0.25 per contract (order routing fees)

$9.95 + $1 / contract

Futures Contract Fees

$0.29 to $.85

NA

Markup Fees on Spread

Variable

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

NA

NA


Icon

Non-Trading Fees

Dormant Fees

$25 monthly

$0

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

Yes

Statement or Document Fee

NA

estatement - free Copy of statement - $20 Unclaimed property - $29.95 per quarter Regular mail - $10

Account Opening Fee

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

$0

Account Maintenance Fee

NA

Portfolio fees 0.25% with a balance of $1000 - $99,999 0.20% with a balance of $100,000+

Deposit Fee

ACH - Free Domestic Wire Transfer - $30

CAD EFT upto $50,000 - free USD EFT upto $25,000 - free CAD Wire transfer - $20 USD wire transfer - $30 International wire transfer - $40

Currency Conversion Fee

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

1.50%

Withdrawal Fee

$0

EFTs - Free Wire transfer - $20 CAD for CAD wire $30 USD for USD wire $40 USD/CAD for international wires


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the assets type

North Americal Stock Markets 9:30am to 4pm ET Pre-market hours - 7am to 9:30am Post-market hours - 4pm to 8pm


Icon

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

Toll-free Canada - 1.866.980.9590 From US - 1.416.227.6911FX & CFDs Chat hours: Monday - Thursday 8:3-am to 8pm EST, Friday 8:30am to 5:30pm EST Ph: 416.227.6913 Toll-free Canada - 1.866.980.9591

Support Languages

1

2


Icon

Additional Information

Headquarters Location

222 N LaSalle Street Suite 1450, Chicago, IL 60601

Toronto, Ontario Canada

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.
Both NinjaTrader and Questrade offer affordable fee structures, but NinjaTrader generally edges out with no inactivity fees and lower commissions on standard trades, whereas Questrade shines with bundled research and platform access.
NinjaTrader gets you trading faster thanks to its minimal entry barriers. In comparison, Questrade account setup is slower but includes extra layers of financial screening and suitability assessments.
The trading interface of NinjaTrader is known for its speed and ease-of-use, while Questrade shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.
NinjaTrader is geared toward frequent trading and analytics, while Questrade fits those who value simplicity and guided experiences.