NAGA
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75.63% of retail CFD accounts lose money.

Vs.

Plus500
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72% of retail CFD accounts lose money

NAGA Vs. Plus500 - Compare and Choose the Right One

Updated Dec 17 2021

Visit

75.63% of retail CFD accounts lose money.

Visit

72% 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.

Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options

Best For
  • Beginners looking to explore copy and social trading in detail
  • Passive investors looking to buy real stocks or ETFs
  • Intermediate traders looking to trade short term
  • Experienced traders looking to speculate using CFDs based on options
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5

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TTBTrust

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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
  • CFDs on american options offered
  • Low minimum trade sizes
  • Propietary platform with multi-charting tools
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
  • No ability to remove leverage
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
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)
  • MAS (Singapore)
📍 Year Founded
2015 2008
💳 Minimum Deposit
$250 $, €, £ - 100
💰 Payment Methods
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • GiroPay
  • Klarna
  • EPS
  • Przelewy24
  • EuroBank
  • KB
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Skrill
💵 Account Base Currencies

4 - EUR, GBP, USD, PLN.

16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR.

US, CA, CU, SY, IR.
📊 STP Account
No Yes
📊 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.

CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies, indices and options.

📙 Stocks
700+ 2,000+
📘 Currency Pairs
80+ 70
📗 Commodities
4 25
📕 Indices
20+ 26
📔 ETFs
17 95
💸 Cryptocurrencies
37 14
📒 Bonds
N/A N/A
📓 Options
N/A

Option CFDs (Calls and Puts) on: Alphabet, Facebook, Apple, Deutsche Bank, Snap, Twitter, Amazon, Microsoft, Netflix, Tesla and NIO along with major indices and EUR/USD.

📗 Futures
22 N/A
📝 Notes:

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

All of Plus500's assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size
Varies per Stock Varies by Stock (Eg: 0.05 units of Tesla)
📉 Minimum ETFs Trade Size
Varies per ETF Varies by ETF (Eg: 0.5 units of XLK)
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency Varies by Crypto (Eg: 0.001 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000
📈 Minimum Commodities Trade Size
Varies per Commodity Varies by Commoditty (Eg: 0.2 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
Varies per Future N/A
📉 Minimum Options Trade Size
N/A Varies by Option (Eg: 5 contracts of Tesla Calls)
💪 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 No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
Yes No
💻 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 Yes
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
No Yes, $10 every 3 months
💰 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 0.8 Pips
📉 SP500
Dynamic - Market Spread Dynamic - From 70 Pips
📈 GOLD
Dynamic - From 36 Pips Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $5.2
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - From 7 Pips
📉 BTC
Dynamic - From $130 Dynamic - From $136
Research and Analysis
⭐ Watchlists
Yes No, only allows setting an individual favourites list
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

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