NAGA Vs. AAATrade - Compare and Choose the Right One


Visit 75.63% of retail CFD accounts lose money.	Visit 83.72% of retail CFD accounts lose money.
Overview
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.	AAATrade is a Cyprus based broker established in 2013, that offers a variety of financial instruments including contracts for difference (CFDs), forex, stock, commodities, cryptocurrencies and others.
Best For
Beginners looking to explore copy and social trading in detail Passive investors looking to buy real stocks or ETFs	Beginner traders looking for a simple web and mobile platform to get started Passive investors looking for real equity
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	CySec (Cyprus)
The Good
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	Simple and friendly proprietary trading platform Intuitive overview of account analytics Wide variety of CFDs and real equities
The Bad
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	Above-average FX spreads High fees (depending on the deposit / withdrawal methods) High deposit requirements for advanced services ($25,000 , $100,000)
Status
Operational	Operational
Recent News
N/A	N/A
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
2015	2013
💳 Minimum Deposit
$250	$500
💰 Payment Methods
Visa Mastercard Neteller Skrill GiroPay Klarna EPS Przelewy24 EuroBank KB	Credit Card Debit Card Wire Transfer Skrill Neteller FasaPay UnionPay Giropay QIWI Cryptocurrencies
💵 Account Base Currencies
4 - EUR, GBP, USD, PLN.	3 - USD, EUR, GBP.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, AS, AI, BB, FJ, GU, PW, PA, WS, SC, TT, VU, AL, BS, BW, KH, GH, JM, MU, MM, NI, PK, UG, SY, YE, ZW, IR, KR, AF, IQ, MN.
📊 STP Account
No	Yes
📊 DMA Account
Yes	Yes
📊 ECN Account
No	No
Assets
📚 Available Assets
Real Stocks and ETFs CFDs on currencies, commodities, indices, futures, cryptocurrencies, stocks and ETFs.	Real stocks and ETFs CFDs on stocks, ETFs, currencies, cryptocurrencies, commodities, indices and futures.
📙 Stocks
700+	1,000+
📘 Currency Pairs
80+	80+
📗 Commodities
4	4
📕 Indices
20+	12
📔 ETFs
17	5
💸 Cryptocurrencies
37	50+
📒 Bonds
N/A	4
📓 Options
N/A	N/A
📗 Futures
22	7
📝 Notes:
NAGA provides either real stocks and ETFs along with CFDs on all major asset classes.	Almost all assets are CFDs, except for 45 blue chip stocks
Trading Experience
📈 Minimum Stock Trade Size
Varies per Stock	1 Share
📉 Minimum ETFs Trade Size
Varies per ETF	1 ETF
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency	Varies per Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Varies per Commodity	$1,000 (0.01 lots)
📉 Minimum Bonds Trade Size
N/A	!00 Units
📈 Minimum Futures Trade Size
Varies per Future	$1,000 (0.01 lots)
📉 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 1:200
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
No	Yes, €15 after 3 months of inactivity.
💰 Deposit Fees
No	Yes, from 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.
💰 Withdrawal Fees
Yes, from 0 to $5 depending on your account level.	No for debit/credit card and e-payment. Wire transfer has a €10 fee.
💰 Commissions
Yes depending on asset (Eg: 0.99 € for stocks in-and-out)	No commissions on novice accounts. Commission free trading for stock ETFs on Experienced accounts FX commissions are $4-$8 per lot depending whether the pair is major, minor or exotic.
Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips	Dynamic - From 2 Pips
📉 SP500
Dynamic - Market Spread	Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 36 Pips	Dynamic - From 95 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $0.21
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - From $0.01
📉 BTC
Dynamic - From $130	Dynamic - From $511
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes (Partial)
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	Yes