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


Visit Majority of retail CFD accounts lose money.	Visit 82% 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.	Established in 2012, Valutrades offers 70 plus currencies pairs, commodities and indices trading for beginner and advanced traders through its MT4, MT5 and ECN accounts. It doesn’t offer equities trading.
Best For
Beginners looking to explore copy and social trading in detail Passive investors looking to buy real stocks or ETFs	Currency traders looking for an ECN broker Professional currency traders looking for an API offering Traders looking for a narrow range of commodities, cryptocurrencies
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 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	FSAS (Seychelles) FCA (UK)
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	Scalping is allowed (great for professional traders) Competitive commissions of $3 per lot round turn Access to ECN or DMA 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	Asset offering is poor (only 80 instruments and no stocks or ETFs) Doesn’t have its on trading application
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	0
💰 Payment Methods
Credit Cards Debit Cards Bank Transfers PayPal Skrill Neteller PaySafeCard GiroPay EPS Prezelewy24 KB Euteller Neosurf MyBank	Visa Mastercard Maestro American Express AstroPay Diners SticPay PayPal Skrill Neteller e-wallets Wire transfers Giropay iDEAL JCB Klarna POLiPaysafecard Przelwy24 Rapid Transfer AliPay
💵 Account Base Currencies
4 - EUR, GBP, USD, PLN.	13 - AUD, CAD, CHF, EUR, GBP, HKD, JPY, NOK, NZD,SGD, SEK, USD, ZAR
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, IR, SY.
📊 STP Account
No	No
📊 DMA Account
Yes	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
1,580	133
Exchange Access
0	0
📙 Real Stocks
700	0
📙 Stock CFDs
700	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
80	73
📗 Commodities
0	0
📗 Commodities CFDs
4	5
📕 Indices
0	0
📕 Indices CFDs
20	25
📔 ETFs
0	0
📔 ETFs CFDs
17	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
37	4
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
22	26
Trading Experience
📈 Minimum Stock Trade Size
Unavailable	Unavailable
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 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)	Varies per commodity (eg: 0.01 Contracts of Gold)
📉 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	No
📱 Android App
Yes	No
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
No	No
💻 TradingView Platform
Yes	No
💻 Proprietary Platform
No	No
📊 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	Three free withdrawals a month, then 5% processing fee.
💰 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)	Yes (Eg: Forex commission of $3 per side with ECN account).
Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips	Dynamic - From 0.1 Pips
📉 SP500
Dynamic - Market Spread	Dynamic - From 34 Pips
📈 GOLD
Dynamic - From 36 Pips	Dynamic - From 22 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Unavailable
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Unavailable
📉 BTC
Dynamic - From $130	Dynamic - From $90
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	No
📡 Video Tutorials
No	No
📡 Account Management
Yes	No
📡 Webinars
No	No