Fondex vs Naga

Fondex vs NAGA Comparison Table 2023
Fondex NAGA
WINNER
NAGA is the better broker
Not Yet Rated
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Fondex is an award-winning forex and CFD broker with industry low trading costs.

NAGA is a social investing platform offering copy trading on major financial markets including CFDs and real stocks.

76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. RISK WARNING: Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading derivatives with this provider. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money
Awards
  • Best Technology Corporate Leadership, 2019
  • Best FX Trading Platform, 2018
  • Best Trade Execution, 2018
  • Best Partner Program, 2017
  • Best Retail Platform, 2017
Bonus
No
Instruments
Forex, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies CFDs on forex, indices, shares, commodities, cryptocurrencies, real stocks and futures
Demo Account
Yes Yes
Minimum Deposit
$0 $250
Payment Methods
Multiple local payment methods available depending on the client’s country of residence
Minimum Trade
0.01 lots 0.01
Regulator
FSA, CySEC CySEC
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
Yes No
AlgoTrader
No Yes
OmniTrader
No No
TradingView
No No
Autochartist
Yes No
eSignal
No Yes
Trading Central
Yes Yes
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No Yes
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes iOS & Android
Auto Trading
Yes - cBots available Yes
Copy Trading
Yes Yes
Copy Trading Platform
Fondex offers a top-rated copy trading solution where beginners can mirror the buy and sell positions of experienced investors. NAGA is a leading copy trading platform offering low fees and exposure to thousands of experienced traders and hundreds of different instruments.
Social Trading
No Yes
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
  • PLN
Stock Exchanges
Commodities
CFD Trading
Fondex offers leveraged CFDs on a wide range of popular financial markets. Naga offers competitive trading conditions on a range of contracts for difference.
Leverage
1:30 1:30 (EU). Leverage also depends on the financial instrument traded and the trader's location.
FTSE Spread
1.4 Variable
GBPUSD Spread<
0.71 Variable
Oil Spread
6.71 Variable
Stocks Spread
Start from 0.01 Variable
Forex Trading
Fondex offers trading opportunities on 80 currency pairs, including majors. A long list of currencies and variable spreads with high trading volumes and liquidity are available.
GBPUSD Spread
0.71 Variable
EURUSD Spread
0.28 Variable
EURGBP Spread
0.7 Variable
Assets
80+ 48
Cryptocurrency
Crypto trading not offered Trade popular crypto tokens against the US Dollar (with NAGA Markets Europe Ltd)
Spread
Variable
Coins
  • ADA
  • BTC
  • DOGE
  • ATOM
  • DASH
  • EOS
  • ETH
  • DOT
  • IOTA
  • FIL
  • LINK
  • LTC
  • NEO
  • QTUM
  • SHIB
  • SOL
  • TRON
  • UNI
  • XLM
  • XMR
  • XRP
  • XTZ
  • ZEC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. RISK WARNING: Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading derivatives with this provider. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money
More Comparisons
Fondex
vs
NAGA
vs