NAGA
Visit

Majority of retail CFD accounts lose money.

Vs.

Skilling
Visit

Your Capital is at risk.

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

Updated Dec 22 2022

Visit

Majority of retail CFD accounts lose money.

Visit

Your Capital is at risk.

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.

Skilling is a multi-platform global broker founded in 2016 that specialises in CFD trading over several asset classes.

Best For
  • Beginners looking to explore copy and social trading in detail
  • Passive investors looking to buy real stocks or ETFs
  • Forex traders who want relatively straightforward, intuitive platforms with low commissions
  • Beginner traders who need assistance implementing first trades
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

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • CySec (Cyprus)
  • FSAS (Seychelles)
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
  • Multiple intuitive platforms for traders with different levels of experience
  • Several payment methods for deposits and withdrawals
  • No commission for standard accounts
  • Trade Assistant tool is great for beginners opening their first trade
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
  • Doesn’t allow deleveragred trading or customizable leverage
  • Charges commission on forex and spot metal trading for premium accounts 
  • Asset offering is not that comprehensive
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 2016
💳 Minimum Deposit Range
$250 From $100 to $5,000
💰 Payment Methods
  • Credit Cards
  • Debit Cards
  • Bank Transfers
  • PayPal
  • Skrill
  • Neteller
  • PaySafeCard
  • GiroPay
  • EPS
  • Prezelewy24
  • KB
  • Euteller
  • Neosurf
  • MyBank
  • Visa
  • Mastercard
  • Fasapay
  • Webmoney
  • PayRetailers
  • PayTrust
  • Pagsmile
  • Directa
  • NganLuong.vn
  • UnionPay
  • Skrill
  • Neteller
  • Bank Transfer
💵 Account Base Currencies
4 - EUR, GBP, USD, PLN. 5 - EUR, USD, GBP, NOK, SEK.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR.

US, SY, IR.

📊 STP Account
No Yes
📊 DMA Account
Yes No
📊 ECN Account
No No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Hybrid CFDs
Total Asset Offering
1,580 938
Exchange Access
0 0
📙 Real Stocks
700 0
📙 Stock CFDs
700 762
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
80 73
📗 Commodities
0 0
📗 Commodities CFDs
4 6
📕 Indices
0 0
📕 Indices CFDs
20 18
📔 ETFs
0 0
📔 ETFs CFDs
17 45
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
37 34
📒 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 Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
Unavailable Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
Unavailable Varies per Cryptocurrency (Eg: 0.01 BTC, 0.5 LTC)
📉 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: Gold 0.1 contracts, Silver 10 contracts)
📉 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 No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
📺 cTrader
No Yes
💻 Web trader
No Yes
💻 TradingView Platform
Yes Yes
💻 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.

None
💰 Commissions

Yes depending on asset (Eg: 0.99 € for real stocks in-and-out, $2.5 for Stock CFDs, etc)

Skilling charges commission on its forex pairs and spot metals for its premium account. The commission starts from $35 per million USD traded (eg: EUR/USD $35, GBP/USD $40 and Gold $60).

Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips Dynamic - From 0 to 1.3 Pips
📉 SP500
Dynamic - Market Spread Dynamic - From 120 Pips
📈 GOLD
Dynamic - From 36 Pips Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $4.62
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - From $0.84
📉 BTC
Dynamic - From $130 Dynamic - From $131.8
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No
📡 Educational Content
Yes No
📡 Live Chat Support
Yes No
📡 Video Tutorials
No No
📡 Account Management
Yes No
📡 Webinars
No No