NAGA Vs. HF Markets (HFM) - Compare and Choose the Right One


Visit 75.63% of retail CFD accounts lose money.	Visit 71.24% 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.	HF Markets (HFM) is a global broker founded in 2010 under the brand name HotForex that specialises in CFDs trading on currencies, commodities, indices, stocks, ETFs, bonds and futures. Recently they added to their portfolio commission-free real stocks and ETFs.
Best For
Beginners looking to explore copy and social trading in detail Passive investors looking to buy real stocks or ETFs	Low volume traders looking for a low minimum deposit, low trade size and competitive spreads High volume traders looking for a competitive commission-driven environment through their zero spread account Traders looking to copy or provide knowledge via their HFCopy account
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 5 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	CySec (Cyprus) FCA (UK) DFSA (United Arab Emirates) FSCA (South Africa) FSA (Seychelles) FSA (St. Vincent and the Grenadines) CMA (Kenya)
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	Well-structured account offering with options for all types of traders Competitive commissions on their Zero Spread and PAMM accounts Copy trading via MT4 / 5 offered through their HF Copy account
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	Platform offering is limited to MetaTrader 4 and 5 Asset offering in CFDs is below industry standards with 1,200 CFDs Their proprietary mobile app does not offer trading capabilities
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	2010
💳 Minimum Deposit
$250	From $5 to $250 (depending on location or account)
💰 Payment Methods
Visa Mastercard Neteller Skrill GiroPay Klarna EPS Przelewy24 EuroBank KB	Visa Mastercard Neteller Skrill Sofort FasaPay WebMoney BitPay PayRetailers PayRedeem Bank Transfer
💵 Account Base Currencies
4 - EUR, GBP, USD, PLN.	6 - USD, EUR, NGN, JPY, ZAR, THB.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, CA, SY, IR.
📊 STP Account
No	No
📊 DMA Account
Yes	No
📊 ECN Account
No	No
Assets
📚 Available Assets
Real Stocks and ETFs CFDs on currencies, commodities, indices, futures, cryptocurrencies, stocks and ETFs.	CFDs on currencies, commodities, indices, ETFs, stocks and bonds. Real stocks and ETFs.
📙 Stocks
700+	2,113 Real Stocks / 54 CFDs
📘 Currency Pairs
80+	53
📗 Commodities
4	13
📕 Indices
20+	11
📔 ETFs
17	34
💸 Cryptocurrencies
37	N/A
📒 Bonds
N/A	3
📓 Options
N/A	N/A
📗 Futures
22	14
📝 Notes:
NAGA provides either real stocks and ETFs along with CFDs on all major asset classes.	HF Markets provides both CFDs and real equities.
Trading Experience
📈 Minimum Stock Trade Size
Varies per Stock	$5 (Fractional Share Trading
📉 Minimum ETFs Trade Size
Varies per ETF	$5 (Fractional ETF Trading)
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency	N/A
📉 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	$1,000 (0.01 Lots)
📈 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 1:1000 (Non EU)
💪 Professional Leverage
Up to 1:500	Up to 1:500 (EU Only)
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
Yes	Yes
🎓 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	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
Yes	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
No	Yes, $5 monthly after 6 months of inactivity.
💰 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)	Yes depending on account type: Micro accounts have no commissions. Premium accounts have no commissions Zero Spread accounts have a minimum commission that varies between $3 to $4 per lot traded PAMM (Premium) accounts have no commission PAMM (Premium Plus) accounts have a commission of $8 per lot round turn HFCopy accounts have no commissions
Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips	Dynamic - From 0 Pips to 1.3 Pips
📉 SP500
Dynamic - Market Spread	Dynamic - From 41 Pips
📈 GOLD
Dynamic - From 36 Pips	Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $0.33
📈 XLK (ETF - CFD)
Dynamic - Market Spread	N/A
📉 BTC
Dynamic - From $130	N/A
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No