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


Visit 72.72% of retail CFD accounts lose money.	Visit Majority of retail CFD accounts lose money.
Overview
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.	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.
Best For
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	Beginners looking to explore copy and social trading in detail Passive investors looking to buy real stocks or ETFs
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
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	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
The Bad
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	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
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
2012	2015
💳 Minimum Deposit Range
$100	$250
💰 Payment Methods
Visa Mastercard Skrill Neteller e-wallets PayPal Webmoney Fasapay Wire transfers	Credit Cards Debit Cards Bank Transfers PayPal Skrill Neteller PaySafeCard GiroPay EPS Prezelewy24 KB Euteller Neosurf MyBank
💵 Account Base Currencies
5 - EUR, USD, GBP, CHF, GOLD.	4 - EUR, GBP, USD, PLN.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY (Available only for EU Citizens).	US, CA, SY, IR.
📊 STP Account
No	No
📊 DMA Account
Yes	Yes
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	Hybrid
Total Asset Offering
26,061	1,580
Exchange Access
0	0
📙 Real Stocks
12,000	700
📙 Stock CFDs
12,000	700
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
35	80
📗 Commodities
0	0
📗 Commodities CFDs
3	4
📕 Indices
0	0
📕 Indices CFDs
9	20
📔 ETFs
1,000	0
📔 ETFs CFDs
1,000	17
💸 Cryptocurrencies
14	0
💸 Cryptocurrency CFDs
0	37
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	22
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Unavailable
📉 Minimum ETFs Trade Size
1 ETF	Unavailable
📈 Minimum Crypto Trade Size
Varies per cryptocurrency (Eg: 0.01 BTC)	Unavailable
📉 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
No	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	No
💻 Web trader
Yes	No
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Yes (Eg: Visa/Mastercard fee 2.4%, PayPal 2% and Netteller (1.9%).	Yes, from 0 to $5 depending on your account level.
💰 Commissions
Varies per product (Eg. ETF Pro $0.0045/share).	Yes depending on asset (Eg: 0.99 € for real stocks in-and-out, $2.5 for Stock CFDs, etc)
Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips	Dynamic - From 1.7 Pips
📉 SP500
Dynamic - From 40 Pips	Dynamic - Market Spread
📈 GOLD
Dynamic - From 25 Pips	Dynamic - From 36 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.25 to $0.55	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Dynamic - Market Spread
📉 BTC
Dynamic - From $100 to $500	Dynamic - From $130
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	No
📡 Account Management
Yes	Yes
📡 Webinars
No	No