Broker comparison

NinjaTrader vs.
Questrade

Which broker fits your needs?

Platforms, products and fees side by side.

Checked on 22 October 2026

See comparison

Summary

Your goal decides

NinjaTrader has a higher rating of 4.3/5 compared to Questrade (4.2/5). Questrade offers 7 instrument types, while NinjaTrader offers 3. The minimum deposit is lower at Questrade with 1.000 CAD. Oversight: NinjaTrader: NFA/CFTC; Questrade: IIROC. NinjaTrader: Yes, futures options. Questrade: Yes, Canadian and US options.

Professional trading platform for futures and Forex with charting tools

Canada's leading independent online broker with low fees

At a glance

The key differences

Criterion
PlatformsNinjaTrader Desktop, NinjaTrader WebQuestrade Web, Questrade App, IQ Edge
Product typesFutures, Forex, Options on FuturesStocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs
Options tradingYes, futures optionsYes, Canadian and US options
Fee modelFutures from $0.09 per micro contract, Forex from 0.0 pips + commissionStocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract
Minimum deposit50 $1.000 CAD
RegulationNFA/CFTCIIROC
More informationDetailsDetails

Platforms

NinjaTrader

NinjaTrader Desktop, NinjaTrader Web

Questrade

Questrade Web, Questrade App, IQ Edge

Product types

NinjaTrader

Futures, Forex, Options on Futures

Questrade

Stocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs

Options trading

NinjaTrader

Yes, futures options

Questrade

Yes, Canadian and US options

Fee model

NinjaTrader

Futures from $0.09 per micro contract, Forex from 0.0 pips + commission

Questrade

Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract

Minimum deposit

NinjaTrader

50 $

Questrade

1.000 CAD

Regulation

NinjaTrader

NFA/CFTC

Questrade

IIROC

More information

NinjaTrader

Details

Questrade

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Futures from $0.09 per micro contract, Forex from 0.0 pips + commission

Published fee
Futures from $0.09 per micro contract, Forex from 0.0 pips + commission
Minimum deposit
50 $
See terms at provider

Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract

Published fee
Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract
Minimum deposit
1.000 CAD
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Worked out

What does it actually cost?

Typical months at NinjaTrader and Questrade, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.

ScenarioNinjaTraderQuestrade
ETF savings plan, ≈ €200 a month—Futures broker – ETFs not confirmedCA$0$0 commission on Canadian/US-listed ETFs (online); $0 × 1
10 stock buys of ≈ €1,000 a month—Futures broker – stocks not confirmedCA$0$0 commission on Canadian/US-listed stocks (online); $0 × 10
10 US option contracts a month—US equity options likely not offered (futures broker)CA$0US equity options: zero commission, no contract fee; 0 × 10
Custody and account fee per year—Fees not verified – site geo-redirects to EU pageCA$0No annual account fees, no inactivity fees

Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: ninjatrader.com · questrade.com · questrade.com

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

FuturesForexOptions on Futures
StocksETFsOptionsBondsMutual FundsForexCFDs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

NinjaTrader Desktop · NinjaTrader Web

NinjaTrader offers two trading platforms: NinjaTrader Desktop and NinjaTrader Web. The desktop platform is the flagship, offering first-class charting features with over 100 built-in indicators, advanced order types, backtesting engine, Strategy Builder, and automated trading with C#. The web platform provides simplified charting and order functions for mobile access. The extensive add-on ecosystem with thousands of community indicators significantly extends the functionality of both platforms.

Explore platform

Questrade Web · Questrade App · IQ Edge

Questrade offers three trading platforms: Questrade Web, the Questrade App, and IQ Edge. The web platform provides standard trading functions with order placement and portfolio overview. IQ Edge is the desktop platform for active traders with advanced charting tools, real-time streaming, Level 2 data, and customizable watchlists. The mobile app enables trading and account management on the go. IQ Edge is particularly designed for options traders and active traders.

Explore platform

Regulation & security

NinjaTrader

NinjaTrader Clearing, LLC (futures commission merchant) – not confirmed in this run

Supervisor
CFTC, NFA
Investor compensation
No SIPC or compensation scheme for futures; customer funds segregated under CFTC rules
Cash
No deposit insurance; balances held in segregated customer accounts (CFTC)

Questrade

Questrade, Inc.

Supervisor
CIRO
Investor compensation
Questrade, Inc. is a CIPF member: up to CAD 1M per account category if the dealer becomes insolvent
Cash
Cash in the account is covered by CIPF (up to CAD 1M per account category, combined with securities)

Regulation does not protect against market losses. What counts is the entity you sign the contract with.

Your investor profile

Who might it suit?

Professional trading platform for futures and Forex with charting tools

  • First-class charting and analysis platform
  • Very low futures fees (from $0.09 micro)
  • Comprehensive backtesting and automation features
  • Steep learning curve for beginners
  • No stock trading available

Canada's leading independent online broker with low fees

  • Free ETF purchases
  • Canada's leading independent broker
  • Options trading on US and Canadian markets
  • Only available for Canadian customers
  • Stock trading fees not the lowest

Find the broker that fits

NinjaTrader oder Questrade?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

NinjaTrader4.3
  • First-class charting and analysis platform
  • Very low futures fees (from $0.09 micro)
  • Comprehensive backtesting and automation features
Questrade4.2
  • Free ETF purchases
  • Canada's leading independent broker
  • Options trading on US and Canadian markets
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

NinjaTrader and Questrade do not earn the same way

The table shows what they cost. These lessons show how they earn, which is what the difference is made of.

Who is on the other side?

Whether your order leaves the building or stops at the desk

Open the lesson →

The fill you actually get

Why the price on screen and the price you get are not the same

Open the lesson →

When trading looks free

Where the cost sits when no commission is shown

Open the lesson →

Your questions

Frequently asked questions

How do fees differ between NinjaTrader and Questrade?
NinjaTrader: Futures from $0.09 per micro contract, Forex from 0.0 pips + commission. Questrade: Stocks from CAD $4.95 per trade, ETFs free to buy, options from CAD $4.95 + $0.75/contract. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: NinjaTrader or Questrade?
NinjaTrader offers Futures, Forex, Options on Futures. Questrade offers Stocks, ETFs, Options, Bonds, Mutual Funds, Forex, CFDs.
How are NinjaTrader and Questrade regulated?
The broker profiles list NFA/CFTC for NinjaTrader and IIROC for Questrade. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is NinjaTrader or Questrade better for beginners?
NinjaTrader lists a 50 $ minimum deposit and offers NinjaTrader Desktop, NinjaTrader Web. Questrade lists 1.000 CAD and offers Questrade Web, Questrade App, IQ Edge. Compare usability, available products and costs for your intended use.
NinjaTrader vs Questrade: Which broker is better overall?
The choice between NinjaTrader (4.3/5, 1100 reviews) and Questrade (4.2/5, 1300 reviews) depends on your needs. NinjaTrader: Professional trading platform for futures and Forex with charting tools. Questrade: Canada's leading independent online broker with low fees.

Your next step

Your next step

Keep comparing

More broker comparisons

Keep learning

Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options risks & opportunitiesWhat you can lose, and what the risk buys you.Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.
Terms in the glossary:MarginPremiumCall optionUnderlyingExercise