FxPro
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74.46% of retail CFD accounts lose money.

Vs.

NAGA
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Majority of retail CFD accounts lose money.

FxPro Vs. NAGA - Compare and Choose the Right One

Updated Jul 12 2022

Visit

74.46% of retail CFD accounts lose money.

Visit

Majority of retail CFD accounts lose money.

Overview

FxPro is a regulated global brokerage firm offering a vast array of tradable instruments including CFDs on FX, Stocks, Crypto, Commodities, Indices, Energies and Futures.

Naga is an international broker belonging to the NAGA Group A.G, a publicly listed company in the Frankfurt stock exchange. Their specialty is social and copy trading of both real stocks and ETFs along with CFDs on all major asset classes.

Best For
  • Experienced traders looking for platform and accounts variety
  • FX Traders looking for deep liquidity and fast execution under 14 ms
  • Beginners looking to explore copy and social trading in detail
  • Passive investors looking to buy real stocks or ETFs
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

3

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • ASIC (Australia)
  • SCB (Bahamas)
  • FSCA (South Africa)
  • CySec (Cyprus)
The Good
  • Moderate asset offering (around 2,500+ instruments)
  • Great plafform variety (FxPro Edge CFD, MetaTrader 4 & 5, cTrader)
  • Gamified social trading platform full of features and very responsive
  • Independent services such as cryptocurrency wallet or Naga Pay which provides a debit card and banking functionality
The Bad
  • No real stocks or ETFs
  • Proprietary platform is not user friendly
  • There is no way to easily understand which is the leverage factor being applied per asset
  • Asset offering is not that comprehensive when compared to similar competitors
  • An overall feeling of playing a game in a fun-app
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2006 2015
💳 Minimum Deposit
€, £, $ - 100 $250
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • GiroPay
  • Klarna
  • EPS
  • Przelewy24
  • EuroBank
  • KB
💵 Account Base Currencies
8 - EUR, GBP, USD, CHF, PLN, AUD, JPY, ZAR.

4 - EUR, GBP, USD, PLN.

🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, IR.

US, CA, SY, IR.

📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, currencies, commodities, cryptocurrencies and indices

  • Real Stocks and ETFs
  • CFDs on currencies, commodities, indices, futures, cryptocurrencies, stocks and ETFs.
📙 Stocks
2,100+ 700+
📘 Currency Pairs
70 80+
📗 Commodities
11 4
📕 Indices
29 20+
📔 ETFs
N/A 17
💸 Cryptocurrencies
30 37
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
21 22
📝 Notes:
All of FXPro's assets are CFDs.

NAGA provides either real stocks and ETFs along with CFDs on all major asset classes.

Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots) Varies per Stock
📉 Minimum ETFs Trade Size
N/A Varies per ETF
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots) Varies per Cryptocurrency
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) Varies per Commodity
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
$1,000 (0.01 Lots) Varies per Future
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

$15 after 12 months of inactivity plus $5 monthly thereafter

No
💰 Deposit Fees
No No
💰 Withdrawal Fees
No

Yes, from 0 to $5 depending on your account level.

💰 Commissions

No commissions on MT4 & 5 ($45 per $1million USD traded on cTrader

Yes depending on asset (Eg: 0.99 € for stocks in-and-out)

Spreads
📈 EUR/USD
Dynamic - From 1.2 Pips Dynamic - From 1.7 Pips
📉 SP500
Dynamic - From 60 Pips Dynamic - Market Spread
📈 GOLD
Dynamic - From 24 Pips Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Dynamic - From $2.82 Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A Dynamic - Market Spread
📉 BTC
Dynamic - From $88 Dynamic - From $130
Research and Analysis
⭐ Watchlists
No Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No