NAGA
Visit

Majority of retail CFD accounts lose money.

Vs.

Trading 212
Visit

Majority of retail CFD accounts lose money.

NAGA Vs. Trading 212 - Compare and Choose the Right One

Updated Jul 12 2022

Visit

Majority of retail CFD accounts lose money.

Visit

Majority 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.

Trading 212 is a global broker headquartered in the U.K specialising in real stocks and ETFs investing along with CFD trading.

Best For
  • Beginners looking to explore copy and social trading in detail
  • Passive investors looking to buy real stocks or ETFs
  • Passive investors looking to buy stocks or ETFs with their investing account
  • Traders of all levels of experience looking to trade CFDs on shares
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

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FCA (UK)
  • CySec (Cyprus)
  • FSC (Bulgaria)
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
  • Broad asset offering in their investing account (more than 10,000 assets)
  • Friendly, smooth and simple proprietary platforms (both web and mobile)
  • Great spreads on stocks and no commissions on investing accounts
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
  • Despite both platforms being beautiful, they are gamified for engagement. Clicking on the buy button on mobile platform will trigger a random order without asking for confirmation
  • Asides from stocks, their asset offering lacks variety
  • Very high forex spreads (1.4 Pips on EUR/USD)
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 2004
💳 Minimum Deposit
$250 1 to 10 €, £
💰 Payment Methods
  • Visa
  • Mastercard
  • Neteller
  • Skrill
  • GiroPay
  • Klarna
  • EPS
  • Przelewy24
  • EuroBank
  • KB
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • iDeal
  • Apple Pay
💵 Account Base Currencies

4 - EUR, GBP, USD, PLN.

9 - USD, EUR, GBP, RON, PLN, CHF, SEK, NOK, CZK.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR.

US, CA.
📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
No No
Assets
📚 Available Assets
  • Real Stocks and ETFs
  • CFDs on currencies, commodities, indices, futures, cryptocurrencies, stocks and ETFs.
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities and indices.
📙 Stocks
700+ 10,000+ Real stocks / 1,526 CFDs
📘 Currency Pairs
80+ 179
📗 Commodities
4 25
📕 Indices
20+ 35
📔 ETFs
17 1,800 Real ETFs / 50 CFDs
💸 Cryptocurrencies
37 N/A
📒 Bonds
N/A N/A
📓 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.

Trading 212 provides 2 different accounts: Stock investing where users can buy real stocks or ETFs and CFD accounts.

Trading Experience
📈 Minimum Stock Trade Size
Varies per Stock Fractional Share trading - 0.1 Units of a share
📉 Minimum ETFs Trade Size
Varies per ETF Fractional ETF trading - 0.1 Units of an ETF
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency N/A
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $500
📈 Minimum Commodities Trade Size
Varies per Commodity Varies by Commodity (Eg: 0.01 Troy ounce 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 N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
Yes Yes (Investing Account)
🎓 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 No
🔨 Trailing Stop-loss
No Yes
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 1.4 Pips
📉 SP500
Dynamic - Market Spread Dynamic - From 166 Pips
📈 GOLD
Dynamic - From 36 Pips Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $0.6
📈 XLK (ETF - CFD)
Dynamic - Market Spread N/A
📉 BTC
Dynamic - From $130 N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.