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


Visit Majority of retail CFD accounts lose money.	Visit 70.8% 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.	Libertex is a broker headquartered in Cyprus that operates since 1997 and offers trading in over 250 financial instruments.
Best For
Beginners looking to explore copy and social trading in detail Passive investors looking to buy real stocks or ETFs	European-based traders who are looking to trade forex and cryptocurrencies Traders who need to monitor their positions through mobile apps Long-term investors in equities
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	Clean and user-friendly trading platform Advanced mobile app with news integration for iOS and Android Zero commission stock investing
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	Doesn't support use of Expert Advisors (EA) Stock CFDs are limited to popular (blue chip) choices Weak regulatory framework
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	1997
💳 Minimum Deposit Range
$250	$100
💰 Payment Methods
Credit Cards Debit Cards Bank Transfers PayPal Skrill Neteller PaySafeCard GiroPay EPS Prezelewy24 KB Euteller Neosurf MyBank	Visa Mastercard Bank Transfer Neteller Skrill Paypal Sofort iDeal
💵 Account Base Currencies
4 - EUR, GBP, USD, PLN.	4 - EUR, GBP, PLN, CHF
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, CA, SY.
📊 STP Account
No	No
📊 DMA Account
Yes	Yes
📊 ECN Account
No	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	Hybrid
Total Asset Offering
1,580	374
Exchange Access
0	0
📙 Real Stocks
700	100
📙 Stock CFDs
700	100
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
80	52
📗 Commodities
0	0
📗 Commodities CFDs
4	17
📕 Indices
0	0
📕 Indices CFDs
20	18
📔 ETFs
0	0
📔 ETFs CFDs
17	10
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
37	73
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	4
📗 Futures
0	0
📗 Futures CFDs
22	0
Trading Experience
📈 Minimum Stock Trade Size
Unavailable	$20 minimum trade size
📉 Minimum ETFs Trade Size
Unavailable	$20 minimum trade size
📈 Minimum Crypto Trade Size
Unavailable	$20 minimum trade size
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$20 minimum trade size
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	$20 minimum trade size
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	$20 minimum trade size
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 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	Yes
Fees
💰 Inactivity Fee
None	€10/month after 180 calendar days of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Yes, from 0 to $5 depending on your account level.	Depending on the service - up to 1%, 2% withdrawal fee on an inactive account.
💰 Commissions
Yes depending on asset (Eg: 0.99 € for real stocks in-and-out, $2.5 for Stock CFDs, etc)	None
Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips	Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - Market Spread	Dynamic - From 83 Pips
📈 GOLD
Dynamic - From 36 Pips	Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $4
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📉 BTC
Dynamic - From $130	Dynamic - From $205
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	No
📡 Account Management
Yes	Yes
📡 Webinars
No	No