NAGA
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Majority of retail CFD accounts lose money.

Vs.

Libertex
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70.8% of retail CFD accounts lose money.

NAGA Vs. Libertex - Compare and Choose the Right One

Updated Jul 12 2022

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
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
$250 - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • GiroPay
  • Klarna
  • EPS
  • Przelewy24
  • EuroBank
  • KB
  • 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
Assets
📚 Available Assets
  • Real Stocks and ETFs
  • CFDs on currencies, commodities, indices, futures, cryptocurrencies, stocks and ETFs.
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices
📙 Stocks
700+ 100+
📘 Currency Pairs
80+ 52
📗 Commodities
4 17
📕 Indices
20+ 18
📔 ETFs
17 10
💸 Cryptocurrencies
37 73
📒 Bonds
N/A N/A
📓 Options
N/A

Options on Bitcoin, SP500, Crude Oil, DAX30 and Silver.

📗 Futures
22 N/A
📝 Notes:

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

N/A
Trading Experience
📈 Minimum Stock Trade Size
Varies per Stock Minimum 20 € trade size
📉 Minimum ETFs Trade Size
Varies per ETF Minimum 20 € trade size
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency Minimum 20 € trade size
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) Minimum 20 € trade size
📈 Minimum Commodities Trade Size
Varies per Commodity Minimum 20 € trade size
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
Varies per Future N/A
📉 Minimum Options Trade Size
N/A Minimum 20 € trade size
💪 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 Yes for stocks
🎓 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

€10/month after 180 calendar days of inactivity

💰 Deposit Fees
No No
💰 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 stocks in-and-out)

No
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