NAGA
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75.63% of retail CFD accounts lose money.

Vs.

FxPro
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71.58% of retail CFD accounts lose money

NAGA Vs. FxPro - Compare and Choose the Right One

Updated Dec 17 2021

Visit

75.63% of retail CFD accounts lose money.

Visit

71.58% 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.

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.

Best For
  • Beginners looking to explore copy and social trading in detail
  • Passive investors looking to buy real stocks or ETFs
  • Experienced traders looking for platform and accounts variety
  • FX Traders looking for deep liquidity and fast execution under 14 ms
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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
  • Moderate asset offering (around 2,500+ instruments)
  • Great plafform variety (FxPro Edge CFD, MetaTrader 4 & 5, cTrader)
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
  • No real stocks or ETFs
  • Proprietary platform is not user friendly
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.

🏛 Financial Regulators
  • CySec (Cyprus)
  • CySec (Cyprus)
  • ASIC (Australia)
  • SCB (Bahamas)
  • FSCA (South Africa)
📍 Year Founded
2015 2006
💳 Minimum Deposit
$250 €, £, $ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • GiroPay
  • Klarna
  • EPS
  • Przelewy24
  • EuroBank
  • KB
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
💵 Account Base Currencies

4 - EUR, GBP, USD, PLN.

8 - EUR, GBP, USD, CHF, PLN, AUD, JPY, ZAR.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR.

US, CA, 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.

CFDs on stocks, currencies, commodities, cryptocurrencies and indices

📙 Stocks
700+ 2,100+
📘 Currency Pairs
80+ 70
📗 Commodities
4 11
📕 Indices
20+ 29
📔 ETFs
17 N/A
💸 Cryptocurrencies
37 30
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
22 21
📝 Notes:

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

All of FXPro's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
Varies per Stock $1,000 (0.01 Lots)
📉 Minimum ETFs Trade Size
Varies per ETF N/A
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency $1,000 (0.01 Lots)
📉 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 N/A
📈 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 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes No
🎓 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
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

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

💰 Deposit Fees
No No
💰 Withdrawal Fees

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

No
💰 Commissions

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

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

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

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