NAGA Vs. CMC Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy

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.

CMC Markets is a global broker headquartered in the U.K that holds 6 high value financial licenses and offers CFD trading on stocks, etfs, commodities, currencies, bonds and cryptocurrencies.

• Beginners looking to explore copy and social trading in detail
• Passive investors looking to buy real stocks or ETFs

• Professional high volume traders looking to offset the cost of commissions through larger trades
• Intermediate and professional traders looking for a professional custom platform with customisable layouts

• CySec (Cyprus)

• ASIC (Australia)
• FCA (UK)
• IIROC (Canada)
• MAS (Singapore)
• BaFin (Germany)

• 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

• Comprehensive asset offering with more than 12,000+ tradable assets and the possibility to add data connections to exchanges to add more
• Powerful professional platform with customisable layouts and integrated reuters feed

• 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

• High commissions on stocks and ETFs
• Platform is not beginner friendly

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• 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.

• Credit Cards
• Debit Cards
• Bank Transfers
• PayPal
• Skrill
• Neteller
• PaySafeCard
• GiroPay
• EPS
• Prezelewy24
• KB
• Euteller
• Neosurf
• MyBank

• Visa
• Mastercard
• Bank Transfer
• Paypal

US, CA, SY, IR.

US, JP, SY, ZA, IR.

After 12 months of inactivity, CMC Markets charges a £10 inactivity fee.

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

Yes depending on asset (Eg: 0.99 € for real stocks in-and-out, $2.5 for Stock CFDs, etc)

Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission.