B

Forex Financial Services

5.2/10

ninjatrader brokerage

8/10
8/10RegulationWinner10/10
0/10FeesTied0/10
9/10WinnerPlatforms7/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Forex Financial Services was founded in 2008 and is headquartered in Australia, while ninjatrader brokerage was established in 2018 and is based in GRENADINES. Forex Financial Services holds licences including Australian Securities and investment Commission (ASIC), while ninjatrader brokerage is regulated by Financial Conduct Authority (FCA) among others. Forex Financial Services serves 10,000+ clients worldwide; ninjatrader brokerage has 10,000+. The minimum deposit is $2500 at Forex Financial Services and $250 at ninjatrader brokerage.

ninjatrader brokerage wins this category
FeatureForex Financial Servicesninjatrader brokerage
Min. Deposit$2500$250
RegulationAustralian Securities and investment Commission (ASIC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F285
Founded20082018
CountryAustraliaGRENADINES
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Forex Financial Services and ninjatrader brokerage, directly affecting your bottom line as a trader. ninjatrader brokerage has a lower barrier to entry with a minimum deposit of $250 (vs $2500 at Forex Financial Services). Neither broker charges withdrawal fees. ninjatrader brokerage applies inactivity fees on dormant accounts; Forex Financial Services does not. Forex Financial Services charges deposit fees; ninjatrader brokerage does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureForex Financial Servicesninjatrader brokerage
Min. Deposit$2500$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesNoYes

Platforms

Forex Financial Services offers MT4, MT5, cTrader, while ninjatrader brokerage supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Forex Financial Services edges ahead on platform breadth and functionality in our scoring.

Forex Financial Services wins this category
FeatureForex Financial Servicesninjatrader brokerage
MT4YesNo
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Forex Financial Services and ninjatrader brokerage compare. ninjatrader brokerage runs regular live webinars; Forex Financial Services does not. ninjatrader brokerage has a video library; Forex Financial Services does not. ninjatrader brokerage publishes daily market commentary; Forex Financial Services does not. ninjatrader brokerage integrates third-party research tools (Trading Central, Autochartist); Forex Financial Services does not. ninjatrader brokerage maintains an archive of past webinars for on-demand viewing. ninjatrader brokerage scores higher overall in education and research.

ninjatrader brokerage wins this category
FeatureForex Financial Servicesninjatrader brokerage
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex Financial Services accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while ninjatrader brokerage supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ninjatrader brokerage uniquely supports PayPal and Skrill and Neteller among the two brokers. ninjatrader brokerage scores higher on deposit and withdrawal flexibility.

ninjatrader brokerage wins this category
FeatureForex Financial Servicesninjatrader brokerage
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Forex Financial Services and ninjatrader brokerage offer live chat support. Both provide phone support. Email support is available at both brokers. Forex Financial Services supports 2 languages and ninjatrader brokerage supports 8, giving ninjatrader brokerage broader global reach. Both brokers are comparable on support quality.

Tied
FeatureForex Financial Servicesninjatrader brokerage
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic