NAGA Vs. Robomarkets - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit Majority of retail CFD accounts lose money.	Visit 72.72% 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.	Founded in 2012, RoboMarkets offers five different types of accounts, including its proprietary R Stock Trader and ProCents accounts, with access to 12,000 instruments. The different accounts offer different spreads and investment instruments.
Best For
Beginners looking to explore copy and social trading in detail Passive investors looking to buy real stocks or ETFs	Traders interested in trading U.S. equities, ETFS with access to 3,000 stocks Traders looking for a mix of CFDs and stocks through R Stock Trader Traders seeking small investments through its ProCents account
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	Five different types of accounts for different types of investors, offers copy trading Access to 12,000+ investment instruments, including 3,000 U.S. stocks No inactivity or deposit fee Offers five base currencies, including GOLD, and remote VPS Server
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	Withdrawals fees (EG: 2.4% on Visa and Mastercard, 2% for PayPal) No integrated news feed on trading platforms Serves only European Union Markets Limited commodities to trade
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	2012
💳 Minimum Deposit Range
$250	$100
💰 Payment Methods
Credit Cards Debit Cards Bank Transfers PayPal Skrill Neteller PaySafeCard GiroPay EPS Prezelewy24 KB Euteller Neosurf MyBank	Visa Mastercard Skrill Neteller e-wallets PayPal Webmoney Fasapay Wire transfers
💵 Account Base Currencies
4 - EUR, GBP, USD, PLN.	5 - EUR, USD, GBP, CHF, GOLD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, CA, SY (Available only for EU Citizens).
📊 STP Account
No	No
📊 DMA Account
Yes	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	Hybrid
Total Asset Offering
1,580	26,061
Exchange Access
0	0
📙 Real Stocks
700	12,000
📙 Stock CFDs
700	12,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
80	35
📗 Commodities
0	0
📗 Commodities CFDs
4	3
📕 Indices
0	0
📕 Indices CFDs
20	9
📔 ETFs
0	1,000
📔 ETFs CFDs
17	1,000
💸 Cryptocurrencies
0	14
💸 Cryptocurrency CFDs
37	0
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 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: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📉 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	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	No
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
No	Yes
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Yes, from 0 to $5 depending on your account level.	Yes (Eg: Visa/Mastercard fee 2.4%, PayPal 2% and Netteller (1.9%).
💰 Commissions
Yes depending on asset (Eg: 0.99 € for real stocks in-and-out, $2.5 for Stock CFDs, etc)	Varies per product (Eg. ETF Pro $0.0045/share).
Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips	Dynamic - From 0.3 Pips
📉 SP500
Dynamic - Market Spread	Dynamic - From 40 Pips
📈 GOLD
Dynamic - From 36 Pips	Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $0.25 to $0.55
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Unavailable
📉 BTC
Dynamic - From $130	Dynamic - From $100 to $500
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	No
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	No
📡 Account Management
Yes	Yes
📡 Webinars
No	No