Naga vs FBS
| NAGA Review 2023 | FBS Review 2023 |
|---|---|
2.8
|
4.3
|
 Traders from US not accepted
|
Traders from US not accepted
|
|
NAGA is a social investing platform offering copy trading on major financial markets including CFDs and real stocks. |
FBS is an award-winning forex and CFD broker based in Cyprus. The broker has a strong global reputation with authorization from the CySEC and ASIC, amongst others regulators. The brand has clients in over 190 countries, attracted by a diverse range of markets, the reputable MetaTrader platforms, plus trading promotions. |
| 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 | |
| Bonus Offer | |
| $100 welcome bonus (only available in certain regions) | |
| Promotions | |
| Comment by Reviewer | |
| "FBS is a great choice for traders of all experience levels and budgets with a range of account types and access to both MetaTrader 4 and MetaTrader 5." | |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| CFDs on forex, indices, shares, commodities, cryptocurrencies, real stocks and futures | CFDs, forex, indices, shares, commodities, cryptocurrencies |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $250 | $1 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Multiple local payment methods available depending on the client’s country of residence | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| CySEC | ASIC, CySEC, IFSC, FSCA |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| Yes | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Auto Trading | |
| Yes | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| Yes | No |
| 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 | |
| Yes | No |
| Trade Signals | |
| Yes | MT4 & MT5 |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | Yes |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
|
|
| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Naga offers competitive trading conditions on a range of contracts for difference. | Go long or short on an excellent suite of financial markets with leveraged CFDs. Users can choose between three reliable platforms with fast execution, floating spreads from 1 pip and around the clock customer support. |
| Leverage | |
| 1:30 (EU). Leverage also depends on the financial instrument traded and the trader's location. | 1:30 (EU & Restricted Countries), 1:3000 (Global) |
| FTSE Spread | |
| Variable | From 0.0 |
| GBPUSD Spread | |
| Variable | From 0.6 |
| Oil Spread | |
| Variable | From 0.0 |
| Stocks Spread | |
| Variable | Variable |
| Forex Trading | |
| A long list of currencies and variable spreads with high trading volumes and liquidity are available. | Trade 40+ popular majors, minors and exotics with tight spreads. FBS also offers an excellent suite of forex market research and education, including news, courses, and daily analysis. |
| Forex App | |
The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores. |
|
| GBPUSD Spread | |
| Variable | From 0.6 |
| EURUSD Spread | |
| Variable | From 0.5 |
| EURGBP Spread | |
| Variable | From 2.1 |
| Assets | |
| 48 | 44 |
| Cryptocurrency | |
| Trade popular crypto tokens against the US Dollar (with NAGA Markets Europe Ltd) | FBS offers trading on crypto/metal, crypto/crypto or crypto/fiat pairs. A strong selection of 60+ pairs are available, including BTC/USD and BTC/XAU. There is also a dedicated crypto account. |
| Spread | |
| Variable | Floating |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| 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 | |
|
NAGA vs |
FBS vs |