NAGA
Visit

75.63% of retail CFD accounts lose money.

Vs.

Markets.com
Visit

70% of retail CFD accounts lose money

NAGA Vs. Markets.com - Compare and Choose the Right One

Updated Dec 17 2021

Visit

75.63% of retail CFD accounts lose money.

Visit

70% 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.

Markets.com is an international broker that offers share dealing and CFD trading accounts through their own proprietary platform or MT4 and MT5.

Best For
  • Beginners looking to explore copy and social trading in detail
  • Passive investors looking to buy real stocks or ETFs
  • Passive investors looking for share dealing services with the intent to hold shares over long perios of time
  • High volume CFD traders looking for exposure to several markets using their platform, MT4 or MT5
Trust

TTBTrust

5

Provided by TheTradingBible.com ®

Learn More

TTBTrust

6.5

Provided by TheTradingBible.com ®

Learn More
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
  • Clear separation between investors and Traders by offering share dealing accounts and CFD trading accounts
  • Wide range of platforms (Proprietary, MT4, MT5)
  • Wide range of stocks and stock CFDs
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
  • Minimum trade sizes larger than average
  • Spreads above average
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)
  • FCA (UK)
  • ASIC (Australia)
  • FSA (South Africa)
📍 Year Founded
2015 2008
💳 Minimum Deposit
$250 $, €, £ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • GiroPay
  • Klarna
  • EPS
  • Przelewy24
  • EuroBank
  • KB
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Paypal
  • Skrill
💵 Account Base Currencies

4 - EUR, GBP, USD, PLN.

11 - USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, CZK, CHF, AUD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR.

US, JP, CA, BE.
📊 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.
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies, indices and bonds
📙 Stocks
700+ 2,008 CFDs
📘 Currency Pairs
80+ 67
📗 Commodities
4 28
📕 Indices
20+ 40
📔 ETFs
17 66
💸 Cryptocurrencies
37 25
📒 Bonds
N/A 4
📓 Options
N/A NA
📗 Futures
22 NA
📝 Notes:

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

Markets.com also offers share dealing account with real stocks from 16 exchanges worldwide.

Trading Experience
📈 Minimum Stock Trade Size
Varies per Stock 1 Stock
📉 Minimum ETFs Trade Size
Varies per ETF 1 ETF
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency Varies by Crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000
📈 Minimum Commodities Trade Size
Varies per Commodity Varies by Commoditty (Eg: 1 Gold Contract)
📉 Minimum Bonds Trade Size
N/A Varies by Bond (Eg: 10 GER10Y Bond contracts)
📈 Minimum Futures Trade Size
Varies per Future N/A
📉 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 1:300
✍ 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
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No - You can't log in through TradingView but their internal platform uses TradingView Charts
💻 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 No
Fees
💰 Inactivity Fee
No Yes, $10 each month after 3 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)

No comissions on CFDs. For share dealing, the first 3 months are commission free, then the structure is:
  • EU Shares = 0.1% (min €10)
  • UK Shares = 0.1% (min £8)
  • US Shares = 2c (min $15)
  • AU Shares = 0.1% (min A$10)
Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips Dynamic - From 0.7 Pips
📉 SP500
Dynamic - Market Spread Dynamic - From 100 Pips
📈 GOLD
Dynamic - From 36 Pips Dynamic - From 50 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $1.81
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - From $0.31
📉 BTC
Dynamic - From $130 Dynamic - From $104.10
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No, but Investment Strategy Builder is offered
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.