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FXTM vs Naga

FXTM vs NAGA Comparison Table 2023
FXTM NAGA
Review
4
Review
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

FXTM is a top-rated forex and CFD broker. Offering 1000+ markets and three account types, they cater to all levels of trader.

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

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
Pros
  • Copy trading
  • Demo account
  • Low minimum deposit
  • MT4 & MT5 integration
  • Strong regulatory oversight
Awards
  • Best Trading Experience 2021 - World Finance Awards
  • Best Online Leveraged Trading Services 2021 - Global Business Awards
  • Best Forex Education Partner Nigeria 2021 - World Business Outlook
  • Best Trading Experience 2020 - World Finance Awards
  • Best ECN Broker 2020 - DayTrading.com
Bonus
30% up to $100 via Exinity Ltd No
Instruments
Forex, CFDs, indices, commodities, stocks CFDs on forex, indices, shares, commodities, cryptocurrencies, real stocks and futures
Demo Account
Yes Yes
Minimum Deposit
$50 $250
Payment Methods
Multiple local payment methods available depending on the client’s country of residence
Minimum Trade
0.01 lots 0.01
Regulator
CySEC, FCA, FSCA, FSC CySEC
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No No
TradingView
No No
Autochartist
Yes No
eSignal
No Yes
Trading Central
No Yes
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
Yes No
PAMM Account
Yes 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
Yes Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android & Windows iOS & Android
Auto Trading
Yes, via FXTM Invest or EAs Yes
Copy Trading
Yes Yes
Copy Trading Platform
FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios NAGA is a leading copy trading platform offering low fees and exposure to thousands of experienced traders and hundreds of different instruments.
Social Trading
Yes Yes
Trade Signals
Yes Yes
VPS Hosting
Yes No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5 0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • PLN
  • CZK
  • NGN
  • USD
  • EUR
  • GBP
  • PLN
Stock Exchanges
Commodities
CFD Trading
Use leveraged CFDs to speculate on the price of a wide range of popular financial markets. Naga offers competitive trading conditions on a range of contracts for difference.
Leverage
1:30 EU, 1:200 Global 1:30 (EU). Leverage also depends on the financial instrument traded and the trader's location.
FTSE Spread
1.3 pts Variable
GBPUSD Spread<
0.3 (var) Variable
Oil Spread
9 pts (var) Variable
Stocks Spread
0.1% Var Variable
Forex Trading
FXTM offer forex trading on a huge range of currency pairs. Spreads can be as low as 0.1 with the ECN account types. A long list of currencies and variable spreads with high trading volumes and liquidity are available.
Forex App

FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, MT4 is a formidable trading tool. The app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.
GBPUSD Spread
0.3 (var) Variable
EURUSD Spread
0.1 (var) Variable
EURGBP Spread
0.2 (var) Variable
Assets
50+ 48
Cryptocurrency
Crypto trading not offered Trade popular crypto tokens against the US Dollar (with NAGA Markets Europe Ltd)
Spread
Variable Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • 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
Review
Review
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
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