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Webull vs NinjaTrader : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
Webull
NinjaTrader
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Self-directed retail brokerage platform
ECN/STP
Years of Existence / Established Year
2017
2003
Customer Base / Number of Accounts
20 Million
1.5M
Regulation & Security
Regulations (governing bodies)
SEC, FINRA
CFTC NFA
Awards Won (count for the last 2 years)
2024 Global Private Banking Awards
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
SIPC, FIDC, Apex Clearing Corp upto $150 million
SIPC & FSCS
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
No
No
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
3,300 ETFs including OTC, Margin, Index options, US treasuries bonds
115+ trading instruments
Currency Pairs
No
No
Commodities
No
Yes
Indices
No
Yes
Cryptocurrencies
Yes
Yes
CFDs
No
Yes
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
Yes
Yes
Futures
Yes
Yes
Bonds
Yes
Yes
Mutual Funds
Yes
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
No
Yes
Real Estate Investment Trusts (REITs)
No
Yes
Equities
Yes
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
No
No
MT5
No
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
Desktop, Web, and Mobile apps
Ninjatrader 8
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Individual, IRA, Futures, Advisor, Entity
Free Plan Lifetime Plan Monthly Plan
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$0
$0
Leverage Available
4:1 to 2:1
No
Trade Limit (maximum per trade)
Unlimited number of day trades
Depends on assets type
Commission (per account type)
$0
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, Active and passive investor
Beginners & experienced
Deposit & Withdrawal Options
Deposit Methods
Bank linking, ACH, Wire Transfer, Debit card funding, Recurring deposit
ACH Transfer Debit Card Wire Transfer / SEPA By Check
Withdrawal Methods
ACH withdrawals
Bank Transfer
Other E-Wallets Supported
No
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading Education, Market News and Analysis, Webinars and Live Events, Trading Simulator, Financial Insights and Research
Video tutorials Learning tools Technical analysis
Fees & Commissions
Trading-Related Fees
Regulatory Transaction Fee- $0.0000278*Total $ Trade Amount, Regulatory Fee- $0.000166 * Total Trade Volume Min $0.01 per - Max $8.30 per, CAT Regulatory Fees- $0.000052 * Total Trade Volume, Low-Priced Securities- $0.0002 per share, F-stocks (foreign settlement)- Buys: $5.00 per trade, Sells: $0.05 per trade, liquidity Charge- Minimum Overnight Interest Rate: 15% Fee: $250, CAT Regulatory Fees- Buys & Sells: $0.00000072 * Total Trade Volume
$.05 to $.25 per contract
Spread (typical, fixed, variable)
Variable
variable
Per Lot Fees
NA
NA
Options Contract Fees
$0.10 per contract
$0.25 per contract (order routing fees)
Futures Contract Fees
$1.50
$0.29 to $.85
Markup Fees on Spread
1.50%
Variable
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
4:1
NA
Non-Trading Fees
Dormant Fees
$0
$25 monthly
Subscription Fees (for premium features, data feeds)
NA
Volume Indicators - $59 Data Fees - $4 per exchange Multi-License broker - $99
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
NA
$50
Statement or Document Fee
$2 for each confirmation, $5 for each account statement, and $2.5 for each prospectus mailing
NA
Account Opening Fee
$0
Free Plan - $0 Monthly Plan - $99 Lifetime Plan - $1499
Account Maintenance Fee
$0
NA
Deposit Fee
$8 for deposits in the U.S., $12.5 for international deposits
ACH - Free Domestic Wire Transfer - $30
Currency Conversion Fee
$10
1% of currency converted, minimum 10 units of currency sold
Withdrawal Fee
$25 for withdrawals in the U.S, and $45 for international withdrawals
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
Yes
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Pre-market trading from 4:00 AM to 9:30 AM EST
Depends on the assets type
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
24/5
Customer Support Methods (phone, email, live chat)
E-mail: [email protected], call :1-888-828-0618, in app 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
15+
1
Additional Information
Headquarters Location
44 Wall Street, New York City
222 N LaSalle Street Suite 1450, Chicago, IL 60601
Complaints (for crypto brokers)
No
No
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