NAGA Vs. AAATrade - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit Majority of retail CFD accounts lose money.	Visit 69.23% 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 1 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
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
2015	2013
💳 Minimum Deposit Range
$250	$500
💰 Payment Methods
Credit Cards Debit Cards Bank Transfers PayPal Skrill Neteller PaySafeCard GiroPay EPS Prezelewy24 KB Euteller Neosurf MyBank	Credit Card Debit Card Wire Transfer Skrill Neteller FasaPay UnionPay Giropay QIWI Cryptocurrencies
💵 Account Base Currencies
4 - EUR, GBP, USD, PLN.	3 - EUR, USD, 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
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
1,580	2,162
Exchange Access
0	25
📙 Real Stocks
700	1,000
📙 Stock CFDs
700	1,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
80	80
📗 Commodities
0	0
📗 Commodities CFDs
4	4
📕 Indices
0	0
📕 Indices CFDs
20	12
📔 ETFs
0	0
📔 ETFs CFDs
17	5
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
37	50
📒 Bonds
0	0
📒 Bonds CFDs
0	4
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
22	7
Trading Experience
📈 Minimum Stock Trade Size
Unavailable	1 share
📉 Minimum ETFs Trade Size
Unavailable	1 ETF
📈 Minimum Crypto Trade Size
Unavailable	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
$1,000 (0.01 Lots)	$1,000 (0.01 lots)
📉 Minimum Bonds Trade Size
Unavailable	100 units
📈 Minimum Futures Trade Size
Unavailable	$1,000 (0.01 lots)
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ 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
📺 cTrader
No	No
💻 Web trader
No	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
None	€15 after 3 months of inactivity.
💰 Deposit Fees
None	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.	Wire transfers have a €10 fee.
💰 Commissions
Yes depending on asset (Eg: 0.99 € for real stocks in-and-out, $2.5 for Stock CFDs, etc)	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
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	Yes
📡 Webinars
No	No