NAGA is a social investing platform offering copy trading on major financial markets including CFDs and real stocks.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the USCryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 79% of retail accounts lose 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
79% of retail investor accounts lose money when trading with this provider. You should consider whether you can afford to take the high risk of losing your money.
Pros
25M+ user community
$10 minimum deposit
Cryptocurrency trading
Top-rated copy trading app
Cons
No welcome bonuses
No MetaTrader 4 or MetaTrader platforms
Awards
Best of Show Award 2012 - Finovate Europe
Most Innovative Trading Platform 2010 - World Finance Awards
Best Trading Software 2011 - World Finance Awards
Bonus
No
Instruments
CFDs on forex, indices, shares, commodities, cryptocurrencies, real stocks and futures
Crypto
Demo Account
Yes
Yes
Minimum Deposit
$250
$10
Payment Methods
Multiple local payment methods available depending on the client’s country of residence
Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do.
Copy Trading
Yes
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.
One of the best proprietary platforms currently on the market is the award-winning eToro CopyTrader (at no additional cost for eToro clients). The web-based platform includes a user-friendly and interactive layout and also comes with social features, including a community chat. Copy trading on crypto trades only.
Naga offers competitive trading conditions on a range of contracts for difference.
eToro offers leveraged CFD trading in certain jurisdictions. Speculate on thousands of financial assets.
Leverage
1:30 (EU). Leverage also depends on the financial instrument traded and the trader's location.
FTSE Spread
Variable
1.5 pt
GBPUSD Spread<
Variable
2 pips
Oil Spread
Variable
5 pts
Stocks Spread
Variable
0.24% Var
Forex Trading
A long list of currencies and variable spreads with high trading volumes and liquidity are available.
eToro offers a selection of major, minor and exotic currency pairs. Clients can speculate on FX from the eToro trading app.
Forex App
eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.
GBPUSD Spread
Variable
2 pips
EURUSD Spread
Variable
1.5 pips
EURGBP Spread
Variable
1.5 pips
Assets
48
49
Cryptocurrency
Trade popular crypto tokens against the US Dollar (with NAGA Markets Europe Ltd)
eToro leads the way in cryptocurrency trading. The lowest spreads (from 0.75% for BTC), their own wallet service and the largest number of cryptos to trade in the market. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply..
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
79% of retail investor accounts lose money when trading with this provider. You should consider whether you can afford to take the high risk of losing your money.
Traders from US not accepted