NAGA vs Coinbase

NAGA vs Coinbase Comparison Table 2024
NAGA	Coinbase
Review 2.8	Review 1.4

NAGA is a German social investing platform offering copy trading on 950+ financial markets including CFDs and real stocks. Founded in 2015, the company is publicly listed on the Frankfurt Stock Exchange and is regulated by CySEC (Cyprus) and the FSA (Seychelles). The firm offers an all-in-one web platform and mobile app, but traders can also synchronize their NAGA accounts with the MT4 or MT5 platforms.	Coinbase is a leading cryptocurrency exchange that provides access to 18,000+ crypto assets that can be traded on the marketplace, stored in a wallet or borrowed via the brand's DeFi function. The US-based firm has over 10 million clients and offers educational support to individual traders and tailor-made derivative products for businesses.
RISK WARNING: Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. 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	This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links.
Bonus Offer
	£5/$5 in BTC. Terms and Conditions Apply. See Review
Comment by Reviewer
"After exploring all the platform features, I think NAGA will be ideal for experienced copy traders who can reap the benefits of the higher VIP account tiers, including boosted earnings for copied trades and lower withdrawal fees. That said, I think beginners will also appreciate the user-friendly social features and education Academy."	"Coinbase is a good option for dedicated crypto investors who want a vast selection of established and low-market-cap tokens. The platform makes it straightforward for new crypto investors to buy and sell Bitcoin in a few clicks."
Pros
NAGA is an established firm with over 1 million traders and a public listing on the Frankfurt Stock Exchange. It’s also reassuring to see CySEC regulation at the European branch I enjoyed using the broker’s user-friendly proprietary copy-tading platform and dashboard, especially the live social feed, Academy section and leaderboard I like that deposits are fee-free and are available in a range of methods including credit cards, local bank transfers and e-wallets I’m pleased to find a range of account tiers at NAGA with attractive rewards and minimum deposits starting from $250 I found reasonably low copy trading fees at NAGA, starting from $0.99 + 5% for profits over $10	Powerful purpose-built crypto trading platform with backtesting capabilities Well-regarded crypto exchange with thousands of tokens available One of the most trusted brands in the crypto space Fast execution speeds on the trading software Slick app with excellent customer feedback Margin trading available in some countries You can sign up in three quick steps
Cons
I was disappointed to find withdrawal fees for all methods, starting from $5 for basic account holders. The minimum withdrawal amount is also higher than average at $50 Whilst still accessible to beginners, I think the $250 minimum deposit is still a bit higher than average	Coinbase trades don't take place anonymously Occasional bugs have caused issues on the system Lower safety score vs established crypto brokers
Instruments
CFDs on forex, indices, shares, commodities, cryptocurrencies, real stocks and futures	Cryptos
Demo Account
Yes	No
Minimum Deposit
$250	$0
Trading Platforms
NAGA Platform MT4 MT5 TradingView	AlgoTrader
Payment Methods
Multiple local payment methods available depending on the client’s country of residence	ACH Transfer Apple Pay Credit Card Debit Card Google Wallet iDeal PayPal Sofort Visa Wire Transfer
Minimum Trade
0.01 Lots	0.0001 XBT
Regulator
CySEC, FSA	CBoI
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
Yes	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Yes
Auto Trading
Yes
Copy Trading
Yes	No
Copy Trading Platform
I thoroughly enjoyed using NAGA’s proprietary copy trading terminal, which rivals some of the top competitors. There’s a visually appealing live social feed to explore alongside the Market Buzz feature, as well as the economic calendar and education section. I like that you can easily switch between live and demo mode if you intend to practice your strategies as you go.
Social Trading
Yes	No
Trade Signals
Yes
VPS Hosting
No	No
Tournaments
Yes	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP PLN
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group Nasdaq S&P 500
Commodities
Coffee Copper Gold Natural Gas Oil Palladium Platinum Silver
CFD Trading
I found a good selection of 950+ CFDs. Traders can get started with a $250 minimum deposit, which gets you unlimited access to webinars, ebooks and trade alerts. Standard spreads in the basic account are around 1.7 pips, however, the most competitive spreads from 0.7 pips are only accessible to those who can deposit $50,000 or more.	CFD trading not offered
Leverage
1:30 (EU). Leverage also depends on the financial instrument traded and the trader's location.
FTSE Spread
Variable
GBPUSD Spread
Variable
Oil Spread
Variable
Stocks Spread
Variable
Forex Trading
NAGA offers an average range of 40+ currency pairs with variable spreads and lot sizes, including Micro and Mini lots. I found that you can start copying with a fixed minimum of $50 or a variable minimum relative to the leader. Copy fees start from $0.99 and I like that you can test out the platform in the $10,000 virtual account.	Forex trading not offered
GBPUSD Spread
Variable
EURUSD Spread
Variable
EURGBP Spread
Variable
Assets
48
Cryptocurrency
I was impressed to find 30+ crypto derivatives at NAGA, including popular crypto-fiat pairs like ETHUSD and BTCEUR. I like that you can easily set alerts in the platform, based on price, percentage or pips.	With some 18,000 digital assets available to trade, Coinbase is one of the leading exchanges in the crypto world with a wider selection of tokens than most alternatives. Traders access crypto markets through a powerful platform and can enjoy margin trading in some jurisdictions. Maker and taker fees are low and there are no hidden account charges.
Spread
Variable	BTC 0.1%, ETH 0.1%
Coins
ADA BTC DOGE ATOM DASH EOS ETH DOT IOTA FIL LINK LTC NEO QTUM SHIB SOL TRON UNI XLM XMR XRP XTZ ZEC	BCH BTC ETH LTC XRP IOTA NEO EOS XMR FIL WBTC SHIB BNB
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	Yes
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. 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	This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links.
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