Updated Dec 22 2022
Visit Majority of retail CFD accounts lose money. |
Visit 63.10% 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. |
Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas. |
Best For | |
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Licenses | |
Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by |
Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by |
🏛 Financial Regulators | |
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The Good | |
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The Bad | |
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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 | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2015 | 2014 |
💳 Minimum Deposit Range | |
$250 | 0 |
💰 Payment Methods | |
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💵 Account Base Currencies | |
4 - EUR, GBP, USD, PLN. | 2 - EUR, GBP. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
US, CA, SY, IR. |
US, CA, SY, IR. |
📊 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 | 18,037 |
Exchange Access | |
0 | 0 |
📙 Real Stocks | |
700 | 8,000 |
📙 Stock CFDs | |
700 | 8,000 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
80 | 22 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
4 | 5 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
20 | 5 |
📔 ETFs | |
0 | 1,000 |
📔 ETFs CFDs | |
17 | 1,000 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
37 | 4 |
📒 Bonds | |
0 | 0 |
📒 Bonds CFDs | |
0 | 1 |
📓 Options | |
0 | 0 |
📓 Options CFDs | |
0 | 0 |
📗 Futures | |
0 | 0 |
📗 Futures CFDs | |
22 | 0 | Trading Experience |
📈 Minimum Stock Trade Size | |
Unavailable | 1 Share |
📉 Minimum ETFs Trade Size | |
Unavailable | 1 ETF |
📈 Minimum Crypto Trade Size | |
Unavailable | Varies per Cryptocurrency (eg: 0.1 BTC) |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
$1,000 (0.01 Lots) | Varies per commodity (eg: 1 contract of Gold - 1 ounce) |
📉 Minimum Bonds Trade Size | |
Unavailable | Unavailable |
📈 Minimum Futures Trade Size | |
Unavailable | Unavailable |
📉 Minimum Options Trade Size | |
Unavailable | Unavailable |
💪 Retail Leverage | |
30 | 30 |
💪 Professional Leverage | |
500 | 100 |
✍ 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 | No |
📺 cTrader | |
No | No |
💻 Web trader | |
No | Yes |
💻 TradingView Platform | |
Yes | No |
💻 Proprietary Platform | |
No | Yes |
📊 Multi-chart Tools | |
Yes | No |
👬 Copy Trading | |
Yes | Yes |
👫 Social Trading | |
Yes | Yes |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
No | No | Fees |
💰 Inactivity Fee | |
None | None |
💰 Deposit Fees | |
None | None |
💰 Withdrawal Fees | |
Yes, from 0 to $5 depending on your account level. |
None |
💰 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 0.6 Pips |
📉 SP500 | |
Dynamic - Market Spread | Dynamic - From 50 Pips |
📈 GOLD | |
Dynamic - From 36 Pips | Dynamic - From 40 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | Dynamic - From $2 |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | Dynamic - From $0.1 to 0.3 |
📉 BTC | |
Dynamic - From $130 | Dynamic - From $125 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | No |
📜 Integrated Newsfeed | |
No | No |
📡 Reuters Feed | |
No | No |
📡 Educational Content | |
Yes | Yes |
📡 Live Chat Support | |
Yes | Yes |
📡 Video Tutorials | |
No | Yes |
📡 Account Management | |
Yes | No |
📡 Webinars | |
No | Yes |