NAGA Vs. Freedom Finance - Compare and Choose the Right One


Visit Majority of retail CFD accounts lose money.	Visit Your capital is at risk.
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.	Freedom Finance is an equities broker founded in 2008 belonging to the parent group Freedom Holding Corp (a publicly traded company on NASDAQ exchange). Their specialty is providing access to more than 1 million stocks, ETFs, bonds, futures and options worldwide along with IPOs.
Best For
Beginners looking to explore copy and social trading in detail Passive investors looking to buy real stocks or ETFs	Real equities traders looking to day-trade stocks, options, futures and ETFs Long term investors looking to build a stocks or ETFs portfolio Experienced investors that know which assets they are looking for
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 2 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	CySec (Cyprus) BaFin (Germany) SEC (United States)
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	Over 1,500,000+ assets from several exchanges worldwide All assets are real equities (they do not provide CFDs) InvestIdeas section with great analysis on several high potential stocks 3% per year in their savings D-account (Daily interest accrual)
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	The use of SMSs codes for authentication of basic operations can be an issue for frequent international travellers Freedom Finance does not offers currencies, cryptocurrencies or spot commodities No stock screener or tools to research and analyse stocks efficiently
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	2008
💳 Minimum Deposit
$250	0
💰 Payment Methods
Visa Mastercard Neteller Skrill GiroPay Klarna EPS Przelewy24 EuroBank KB	Visa Mastercard Bank Transfers
💵 Account Base Currencies
4 - EUR, GBP, USD, PLN.	3 - EUR, USD, GBP.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
US, CA, SY, IR.	SY, IR.
📊 STP Account
No	No
📊 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, ETFs, bonds, futures and options.
📙 Stocks
700+	58,571
📘 Currency Pairs
80+	N/A
📗 Commodities
4	N/A
📕 Indices
20+	N/A
📔 ETFs
17	1,500
💸 Cryptocurrencies
37	N/A
📒 Bonds
N/A	191,959
📓 Options
N/A	1,153,234
📗 Futures
22	6,020
📝 Notes:
NAGA provides either real stocks and ETFs along with CFDs on all major asset classes.	All of Freedom Finance’s assets are real equities, they do not provide CFDs.
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	N/A
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	N/A
📈 Minimum Commodities Trade Size
Varies per Commodity	N/A
📉 Minimum Bonds Trade Size
N/A	1 Contract
📈 Minimum Futures Trade Size
Varies per Future	1 Contract
📉 Minimum Options Trade Size
N/A	1 Contract
💪 Retail Leverage
Up to 1:30	Up to 1:3
💪 Professional Leverage
Up to 1:500	N/A
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	No
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
No	No
💰 Deposit Fees
No	Yes, up to 2.5% for credit / debit cards.
💰 Withdrawal Fees
Yes, from 0 to $5 depending on your account level.	Yes, 7€ for bank transfers.
💰 Commissions
Yes depending on asset (Eg: 0.99 € for stocks in-and-out)	Yes and the vary per account: In their all inclusive USD account they charge, 0.5% + $0.012 per share with a minimum of $1.2 per trade $0.65 per USA stock options contract 12% for margin lending In their Smart in EUR account they charge, 0.02€ per share with a minimum of 2€ per trade $0.65 per USA stock options contract 12% for margin lending €0.05 for each SMS notification In their Fix in EUR account, they charge, 10€ Monthly account fee 0.012€ per share with a minimum of 1.2€ per trade $0.65 per USA stock options contract 12% for margin lending €0.03 for each SMS notification
Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips	N/A
📉 SP500
Dynamic - Market Spread	N/A
📈 GOLD
Dynamic - From 36 Pips	N/A
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📉 BTC
Dynamic - From $130	N/A
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No