Updated May 13 2022
Overview | |
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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 | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
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 | |
$250 | 0 |
💰 Payment Methods | |
💵 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 | Assets |
📚 Available Assets | |
📙 Stocks | |
700+ | 8,000+ |
📘 Currency Pairs | |
80+ | 22 |
📗 Commodities | |
4 | 5 |
📕 Indices | |
20+ | 5 |
📔 ETFs | |
17 | 1,000+ |
💸 Cryptocurrencies | |
37 | 4 |
📒 Bonds | |
N/A | 1 |
📓 Options | |
N/A | N/A |
📗 Futures | |
22 | N/A |
📝 Notes: | |
NAGA provides either real stocks and ETFs along with CFDs on all major asset classes. |
Nextmarkets provides both CFDs and real stocks or ETFs. |
Trading Experience |
📈 Minimum Stock Trade Size | |
Varies per Stock | 1 Share |
📉 Minimum ETFs Trade Size | |
Varies per ETF | 1 ETF |
📈 Minimum Crypto Trade Size | |
Varies per Cryptocurrency | Varies per Cryptocurrency (eg: 0.1 BTC with leverage 1:2) |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
Varies per Commodity | Varies per commodity (eg: 1 contract of Gold - 1 trojan ounce) |
📉 Minimum Bonds Trade Size | |
N/A | N/A |
📈 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 1:100 |
✍ 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 |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | No |
💻 Proprietary Platform | |
Yes | 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 | |
No | No |
💰 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 | 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 |