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LegacyFX vs Naga

LegacyFX vs NAGA Comparison Table 2023
LegacyFX NAGA
Review
4
Review
2.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

LegacyFX is a multi-asset broker offering an MT5 download & free signals.

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
Awards
  • Best Trading Signals Provider 2021
  • Broker of the Year 2021
  • Best STP Forex Broker 2020
  • Best Forex Broker in the Middle East 2019
Promotions

Earn Rewards When You Trade With The LegacyFX Loyalty Program
Bonus
No
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, stocks CFDs on forex, indices, shares, commodities, cryptocurrencies, real stocks and futures
Demo Account
Yes Yes
Minimum Deposit
$500 $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, VFSC, NBRB CySEC
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No No
TradingView
Yes No
Autochartist
Yes No
eSignal
No Yes
Trading Central
Yes Yes
STP Account
Yes No
ECN Account
No No
DMA Account
No No
MAM Account
No 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
No Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs on MT5 Yes
Copy Trading
No Yes
Copy Trading Platform
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
  • ZAR
  • CHF
  • SGD
  • RUB
  • PLN
  • HUF
  • USD
  • EUR
  • GBP
  • PLN
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs in a range of financial markets. Naga offers competitive trading conditions on a range of contracts for difference.
Leverage
1:200 1:30 (EU). Leverage also depends on the financial instrument traded and the trader's location.
FTSE Spread
From 1.0 Variable
GBPUSD Spread<
From 0.5 Variable
Oil Spread
From 0.05 Variable
Stocks Spread
From 0.02 Variable
Forex Trading
Trade FX pairs with tight spreads & leverage. A long list of currencies and variable spreads with high trading volumes and liquidity are available.
GBPUSD Spread
From 0.5 Variable
EURUSD Spread
From 0.6 Variable
EURGBP Spread
From 0.5 Variable
Assets
40+ 48
Cryptocurrency
Go long or short on popular cryptos against the USD and EUR Trade popular crypto tokens against the US Dollar (with NAGA Markets Europe Ltd)
Spread
Variable Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • SOL
  • BNB
  • 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
LegacyFX
vs
 NAGA
vs