NinjaTrader
best NinjaTrader Forex Brokers in 2025.
NinjaTrader is a software package developed in 2003 by an American company known as NinjaTrader Group, LLC with headquarters in Denver, USA and office locations in Chicago, IL (USA) and Germany.
The company also owns NinjaTrader Brokerage which is a National Futures Association (NFA) registered introducing broker for the trading of futures and foreign exchange products.
NinjaTrader has over 1,000 add-on apps and over 60, 000 users from over 150 countries across the world.
Pros and Cons
| Pros | Cons |
| Use of main features are free with Demo Account | Geared to advanced traders |
| Live trade version is affordable | Steep learning curve at first |
| Very fast trade execution with their automated systems | Fewer brokers offer NinjaTrader compared to MT4 and MT5 |
| Programming language allows for great 3rd party development | No mobile platform as of yet |
| High quality charting options with over 100 indicators | |
| Advanced analytical tools | |
| Great customer support |
Below find the 10 best NinjaTrader Forex brokers that is not ranked in any particular order but is a comprehensive list of great brokers to choose from.
Interactive Brokers
Interactive Brokers was founded in 1978 and is one of the biggest US-based discount brokers.
The broker is regulated by several financial authorities globally, including the US Securities and Exchange Commission (SEC) and UK’s Financial Conduct Authority (FCA).
Interactive Brokers offer trading in stocks, options, futures, Forex and bonds in over 125 markets in 31 countries.
Features
- Over 4,300 no-transaction fee mutual funds
- NerdWallet users who sign up for IBKR Pro get a 0.25 percentage point discount on margin rates.
- Advanced and smart order router
- Mutual Fund Replicator which finds lower-cost exchange traded funds
Pros and Cons
| Pros | Cons |
| Wide range of products | Website difficult to navigate |
| Extremely smart order router | Inactivity fees |
| Great research tools | Substantial fees with small or inactive accounts |
| Low trading fees | Complicated account opening |
| Highly regulated |
TD Ameritrade
TD Ameritrade is a top broker for investors across the United States. With competitive fees, a wide range of account and investment options, and excellent investor resources, this platform is certainly worth considering if you’re in the market for a new home for your stocks, bonds, and other investments.
TD Ameritrade’s thinkorswim platform is a sophisticated multi-asset desktop experience that is great for Forex trading.
TD Ameritrade benefits include:
- Excellent mobile trading platform
- Great library of educational resources
- No hidden fees
- Proprietary Think or Swim platform is brilliant
Pros and Cons
| Pros and Cons
Pros |
Cons |
| Great Customer support | Slow and not fully digital account opening |
| Excellent desktop trading platform | High fund fees |
| Lots of Educational Resources | No Credit/debit cards for money transfers |
| Low trading fees and Forex fees | |
| No Minimum deposit |
FxPro
FxPro UK was founded in 2006 and is a subsidiary of FxPro Group Limited. They boast over 870,000 client accounts in 173 countries and are regulated by the FCA and CySEC, and FSB (FSCA).
FxPro offers incredible execution speeds, with an average execution time of less than 11.06 milliseconds and it processes approximately 7 000 orders per second.
They also boast over 70 international and UK awards in total to date which include:
- Most Reliable Broker of the Year 2019, “International Investor” Magazine
- Best FX provider of the Year 2019, Online Personal Wealth Awards
- Best Tablet Application 2019, Online Personal Wealth Awards
- Best European Value Broker of the Year 2019, Global Forex Awards
- Best Global Forex Introducing Broker Programme 2019, Global Forex Awards
- Best European Forex Trading Platform 2019, Global Forex Awards
- Best MetaTrader Broker 2019, ForexBrokers com
- Best in Class of Commissions & Fees, ForexBrokers com
- 5-stars MetaTrader Broker 2019, ForexBrokers com
Features
- No dealing desk
- Incredibly fast execution speeds
- Segregated client account
Pros and Cons
| Pros | Cons |
| Wide selection of market instruments | No investor protection |
| Good customer service with 24/7 support | Doesn’t offer its services in all countries |
| Highly regulated | |
| Range of account types | |
| Little to zero commissions charged | |
| Winner of multiple awards | |
Oanda
Oanda is an American Forex broker and technology-driven financial services corporation that was founded in 1996.
Oanda was one of the early online Forex brokers and its claim to fame it that it was the first to have a fully automated Forex trading platform since they always felt that the internet could open trading up for everyone.
Although they were originally based in the US, they have a strong London based office and huge presence in Europe.
Oanda operates across eight global financial centres, with clients in over 196 countries. It has attained licenses from major regulatory jurisdictions, including: The UK, US, Japan, Canada, Singapore, and Australia.
If you are located in South Africa, you can use the Oanda platform.
Features
- Client funds are segregated
- Partners with the likes of Google, KPMG, TESLA, Airbnb, FedEx, IATA, PWC, Twitter, Expedia and others
- Choice between ECN and market-maker execution models
Pros and Cons
| Pros | Cons |
| Easy and quick digital account opening | Only FX and CFDs |
| Low Forex Fees | High withdrawal fees for bank transfers |
| Web trading platform is easy to use | Poor customer service |
| No withdrawal fees in most cases | ID verification can slow down account opening |
| No minimum deposit | |
| Heavily regulated under 6 major regulatory authorities
|
Read 🥇 Best Currenex Forex Brokers – ( Reviewed ) 2025
City Index
City Index was founded in 1983 and finds it’s headquarters in London. They have more than 35 years of experience and is part of the GAIN Capital group.
City Index is listed on the New York Stock Exchange and regulated by top-tier financial authorities such as the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) or Monetary Authority of Singapore (MAS).
Their educational resources are also first grade through the City Index Trading Academy which provides a host of videos covering a variety of subjects as well as webinars.
They also offer in-depth market analysis and research covering all asset classes via articles and webinars which makes their educational offering great for both the beginner and more advanced Forex trader.
Features
- 12,000+ instruments to trade
- More than 12 000 markets to choose from across Forex, Indices, Shares and Commodities.
- Spread betting
- CFD trading
- Forex on MT4
Pros and Cons
| Pros | Cons |
| Low fees for Forex and index CFD’s | Limited product portfolio |
| Top notch trading platform and multiple platforms | |
| Fast and smooth account opening | High CFD fees |
| No withdrawal fee | High minimum deposit |
| Diverse research tools | Inactivity fee |
| No deposit fee | |
| Great market analysis |
XTB
XTB, founded in 2002, has offices in more than 13 countries including the UK, Poland, Germany, France and Turkey with headquarters based in London and Warsaw. They offer CFD, Crypto and Forex trading.
XTB offers a wide range of financial instruments through its standard and pro account types.
Features
- Award winning platform
- Lots of educational materials offered
- Offers Negative Balance Protection
Pros and Cons
| Pros | Cons |
| Easy and fast account opening | Limited product portfolio |
| Free and easy deposit and withdrawal | Poor email support |
| Low trading fees | High fee for stock CFD |
| No withdrawal fee | |
| Low Forex and stock index CFD fees | |
| Regulated by top-tier FCA | |
FXCM
FXCM is a UK-based broker that also have offices in the UK, Germany, Australia, France, Italy, Greece, Hong Kong, and South Africa with affiliated offices in Canada and Israel.
FXCM was founded in 1999, and it has grown to be one of the leading providers of online trading and is known for fast trade executions and advanced and innovative technology.
Users can trade on FXCM’s proprietary Trading Station platform for Desktop, Web and Mobile, as well as on MetaTrader 4, NinjaTrader and ZuluTrade.
The broker also offers access to other platforms such as QuantConnect, MotiveWave, AlgoTerminal, Sierra Chart and others as well.
Features
- A huge offering of platforms including their proprietary Trading Station
- Wide range of tradeable markets, research and educational resources
- Top Notch charting and technical analysis tools
Pros and Cons
| Pros | Cons |
| Low Stock and ETF fees | Limited product portfolio |
| Fast and easy account opening | Poor mobile platform |
| Low trading fees | High AUD/USD trading fee |
| No withdrawal fee | |
| Great technical research tools | |
| High quality educational tools |
Forex.com
Forex.com was established in 2001 and is the brand name of GAIN Capital, which is listed on the New York Stock Exchange. Forex.com is a global Forex and CFD brokerage firm with over 40,000 traders
The company is regulated by several financial authorities, including the top-tier Financial Conduct Authority (FCA) in the UK or the US Commodity Futures Trading Commission (CFTC).
Forex.com has garnered many awards and in 2025 it earned Best in Class (top 7) awards for numerous categories including Offering of Investments, Commissions & Fees, Education, Professional Trading, Crypto Trading, Ease of Use, and Overall.
Features
- Over 4,500 CFD instruments to trade with
- Access to over 180 markets which include Forex pairs, stocks, indices, cryptocurrencies and commodities.
- Diverse technical research tools
- TradingView charts built into platform
Pros and Cons
| Pros | Cons |
| Great variety of currency pairs | Limited product portfolio |
| Fast and easy account opening | High stock CFD fees |
| Fast execution of trades | Higher spreads than some brokers |
| Low Forex fees | No negative balance protection |
| No withdrawal fees | Inactivity fee |
| Great mobile and desktop functionality |
Trading 212
Trading 212 was founded in 2006 and has its headquarters in London, UK but also has offices in Argentina, Chile, Mexico, China, Russia, Italy, Poland, Spain, Germany and more.
They are known for its zero-commission stock trading service in the UK and Europe, which unlocked the trading for millions of people. They offer trading in equities, currencies, commodities, stocks, indices and cryptocurrencies.
Trading 212 uses the best available technology to speed up the placing and execution of orders with proper connection to the most significant liquidity providers.
Features
- 3,000+ global stocks and ETF’s
- Fractional Shares
- Unlimited instant trades
- No fees
- No commission on investing
Pros and Cons
| Pros | Cons |
| Demo accounts available | Doesn’t allow scalping |
| Very low minimum deposit | Inactivity fee |
| Zero commissions | Short-selling not allowed |
| Highly regulated by FCA and FSC | Limited research selection |
| Not ASIC regulated |
ATC Brokers
ATC Brokers, established in 2005, is a Forex and futures trading brokerage platform that provides Forex ECN trading using the MT4 platform but also offers advanced platforms like NinjaTrader as well.
ATC Brokers provides several trading platforms for Forex trading including NinjaTrader, the MT4, Strategy Builder, FXCM Active Trader and X-Trader platforms.
Features
- Uses several ECN connections and has no dealing desk
- PAMM Accounts are available
- Spreads for the major currency pairs begin at 0.1 pips for EUR/USD, GPB/USD, and USD/JPY
Pros and Cons
| Pros | Cons |
| Allows scalping | High withdrawal fees |
| Highly regulated by NFA and CFTC | Minimum initial capital required is high |
| ECN execution model | High commission fees |
| Limited research tools | |
Read Top 100 ? Forex Brokers – ( Reviewed ) 2025
Conclusion
NinjaTrader is a top competitor among the modern trading platforms and demand is increasing as traders continue to look for more intuitive trading platforms.
It offers a level of unparalleled charting techniques and data analyzation, as well as competitive rates and features between NinjaTrader brokers.
The platform may not be the most popular in the Forex market, but it has much to offer in terms of features and performance.
NinjaTrader has won multiple awards and is known for its advanced charting options, market analysis tools, and automated strategy development that is complete with back testing and trade simulation.
It is geared towards the advanced traders with over 100 indicators and the customization options available.
Some of NinjaTrader’s features:
- Wide choice of charts that are equipped with the best trading indicators and drawing tools. Traders can analyze the markets comprehensively and immediately apply findings to their trading strategies
- Developers are allowed to build unique trading apps to add on to the platform
- Simulation and backtesting are available to traders so they can prove their strategies and can then improve on them.
- NinjaTrader allows traders to use automated trading apps on both Forex and the Futures markets trading.
If you are interested in the NinjaTrader platform, you will certainly find a reputable broker that offers it here. In this article we looked at the best NinjaTrader Forex brokers and the firms that we believe are worth investigating further, according to research in South Africa.
Frequently Asked Questions
What is Ninja trader?
It is a software package that is known to provide the most intuitive futures trading platform for the trading of forex, stocks, cfds and futures contracts.
Who are Ninja trader Brokers?
Here is a list of the 11 Best Ninja Trader Forex Brokers
Is Ninja trader free?
With a funded account the Ninja trader platform is free to use for market analysis, charting and live trading. (Note that the SIM version is free without a funded account).
Can Ninja trader run on Mac?
No.
Does Ninja Trader have a mobile app?
Clients of Ninja Trader brokerage can use the companion CQG mobile app that is available for Androis & iOS.
Top 4 Brokers
