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NinjaTrader vs Option Alpha

A side-by-side look at published plans and listed features, checked 2026-10-17.

NinjaTrader
Free · paid from $99/mo · ≈$1,188/yr
VS
Option Alpha
Free · paid $149/mo · ≈$1,188/yr
FieldNinjaTraderOption Alpha
Starting priceFree · paid from $99/mo · ≈$1,188/yrFree · paid $149/mo · ≈$1,188/yr
Plans (monthly · yearly)
  • Free
    Free
  • Monthly
    $99/mo · ≈$1,188/yr (12× monthly, calculated)
  • Lifetime
    $1,499 one-time
  • NinjaTrader is a futures broker: plan prices are platform fees, per-contract commissions are charged per side on top, exchange, clearing and NFA fees are extra, and plan features need a funded account (any amount over $0).
  • Charting, backtesting and simulated trading cost nothing and need no funding. Opening an account comes with 14 days of live market data at no charge.
  • Broker plan (TradeStation, Tradier or tastytrade)
    Free
  • Pro
    $149/mo · ≈$1,188/yr (billed annually; 12 × $99/mo, derived)
  • Option Alpha says it is not a broker, and it charges no commissions; the $0 broker plans are paid for by the broker partner and need a qualifying funded account.
  • 30-day free trial. Refunds on annual plans are possible for 7 days after an automatic renewal. A "save 72%" promotion banner was shown on 2026-10-17 and is not reflected above.
Free plan
Free trialNot listed30-day free trial. Refunds on annual plans are possible for 7 days after an automatic renewal. A "save 72%" promotion banner was shown on 2026-10-17 and is not reflected above.
PlatformsNot listed in our dataNot listed in our data
Real-time dataTop-of-book real-time data once the account is fundedNot published
Key features
  • Backtesting and paper trading at no cost; no account funding needed
  • Market Replay for tick-by-tick playback of past sessions (funded account)
  • Charting, custom indicators, strategy automation and third-party add-ons
  • Order Flow+ and Pulse indicator (funded account)
  • Available on desktop, web and mobile (futures trading)
  • Unlimited options backtesting (all plans)
  • No-code automated options trading bots: up to 50 bots with a $100k cap each (all plans)
  • Paper trading without a broker connection
  • Live trading through supported brokers (any supported broker on Pro)
Last checked2026-10-172026-10-17
Sourcehttps://ninjatrader.com/pricing/https://optionalpha.com/pricing
LinksVisit site (opens in new tab)Visit site (opens in new tab)

≈ = calculated by us, not published by the vendor. Prices in USD before tax. How we read prices →

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