InstaForex vs Naga

InstaForex vs NAGA Comparison Table 2023
InstaForex NAGA
WINNER
InstaForex is the better broker
4.1
United States Flag Traders from US accepted
4.1
United States Flag Traders from US not accepted
InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading. 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
  • Demo account
  • Full range of investments
  • MT4 and MT5 integration
  • Low minimum deposit
  • Wide range of payment methods
Awards
  • Best Forex Broker by International Investor Awards 2022
Promotions

Claim A 100% Deposit Bonus At InstaForex

Bonus
30% - 100% Welcome Bonus No
Instruments
Forex, shares, indices, metals, oil and gas, futures, cryptos, binary options CFDs on forex, indices, shares, commodities, cryptocurrencies, real stocks and futures
Demo Account
Yes Yes
Minimum Deposit
$/€1 $250
Payment Methods
Bank cards plus international and local transfer solutions Multiple local payment methods available depending on the client’s country of residence
Minimum Trade
0.01 Lots 0.01
Regulator
BVI 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
No No
eSignal
No Yes
Trading Central
No Yes
STP Account
No 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
No No
Mobile Apps
iOS and Android + browser based platform iOS & Android
Auto Trading
Yes Yes
Copy Trading
No Yes
Copy Trading Platform
InstaForex offers a popular copy trading solution suitable for beginners. 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
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
0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • PLN
  • CZK
  • USD
  • EUR
  • GBP
  • PLN
Stock Exchanges
Commodities
CFD Trading
Use leveraged CFDs to speculate on popular financial assets with tight spreads. Naga offers competitive trading conditions on a range of contracts for difference.
Leverage
1:1000 1:30 (EU). Leverage also depends on the financial instrument traded and the trader's location.
FTSE Spread
Av. Floating 100 pips Variable
GBPUSD Spread<
Av. Floating 0.6 Variable
Oil Spread
2 pips Variable
Stocks Spread
Floating, commissions as low as 0.01% Variable
Forex Trading
Go long or short on a range of major and minor currency pairs with tight spreads. A long list of currencies and variable spreads with high trading volumes and liquidity are available.
GBPUSD Spread
Av. Floating 0.6 Variable
EURUSD Spread
Av. Floating 0.2 Variable
EURGBP Spread
Av. Floating 0.5 Variable
Assets
1000+ 48
Cryptocurrency
InstaForex offer crypto CFD trading on leading tokens with very low fees. Trade popular crypto tokens against the US Dollar (with NAGA Markets Europe Ltd)
Spread
From 0% Variable
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • and50+more
  • 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
Binary Options
InstaForex offers intraday and expiry binary options on gold and silver, currency pairs, plus stocks and shares. Binary options trading not offered
Payout
Variable%
Expiry Times
1 minute - 1 month
Ladder Options
No No
Boundary Options
No No
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
InstaForex
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