Plus500 vs Naga

Plus500 vs NAGA Comparison Table 2023
Plus500	NAGA
Review 4.1	Review 2.8
Traders from US not accepted	Traders from US not accepted
Plus500 is a leading global broker with millions of registered traders and multiple awards. The company specializes in CFDs on its intuitive, proprietary platform and app. The broker also has a high safety rating with licenses from reputable regulators, including in the UK, Europe and Australia.	NAGA is a social investing platform offering copy trading on major financial markets including CFDs and real stocks.
79% of retail CFD 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
Comment by Reviewer
"Plus500 is a great option for CFD traders seeking a trustworthy broker with extensive market access, low fees and a beginner-friendly trading platform."
Pros
No commissions and tight spreads on over 2,800 instruments across forex, shares, indices, commodities, options and ETFs Premium service for professional traders with added benefits including external webinars, expert analysis and a dedicated client manager ESG investing opportunities through a range of equities and indices, including the Global Warming Reduction Index Unique +Insights feature offering real-time trading analysis to uncover trends and market sentiment Excellent reputation with 24 million clients worldwide and licensed in multiple jurisdictions Reliable 24/7 customer support via email, telephone, live chat and WhatsApp Excellent risk management tools including guaranteed stop loss orders Authorized by tier-one regulators including the FCA
Cons
No MetaTrader 4 integration $10 monthly inactivity fee No copy trading
Awards
Best Overall Broker 2021 - DayTrading.com Best Overall Broker 2020 - DayTrading.com Best Overall Broker 2019 - DayTrading.com
Instruments
CFDs (forex, commodities, ETFs, options, etc.), Shares, Futures	CFDs on forex, indices, shares, commodities, cryptocurrencies, real stocks and futures
Demo Account
Yes	Yes
Minimum Deposit
$100	$250
Payment Methods
Apple Pay Credit Card Debit Card Google Wallet Mastercard PayPal POLi Skrill Swift Trustly Visa Wire Transfer	Multiple local payment methods available depending on the client’s country of residence
Minimum Trade
Varies by asset	0.01
Regulator
FCA, MAS, CySEC, ASIC, FSA, FSCA, FMA, DFSA, EFSA	CySEC
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	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
No	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
Yes	Yes
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS, Android and Windows	iOS & Android
Auto Trading
	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
VPS Hosting
No	No
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Inactivity Fee
	0
Islamic Account
No	Yes
Account Currencies
USD EUR GBP AUD ZAR CZK	USD EUR GBP PLN
Stock Exchanges
Australian Securities Exchange Borsa Italiana Deutsche Boerse Euronext London Stock Exchange SIX Swiss Exchange	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones FTSE UK Index Japan Exchange Group Nasdaq S&P 500
Commodities
Aluminium Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Lithium Livestock Oil Platinum Silver Soybeans Steel Sugar	Gold Silver
CFD Trading
Commission-free CFDs span an excellent range of markets. Traders can go long or short on popular assets with flexible leverage and competitive spreads.	Naga offers competitive trading conditions on a range of contracts for difference.
Leverage
1:30	1:30 (EU). Leverage also depends on the financial instrument traded and the trader's location.
FTSE Spread
Variable	Variable
GBPUSD Spread
Variable	Variable
Oil Spread
Variable	Variable
Stocks Spread
Variable	Variable
Forex Trading
Plus500 offers forex trading via CFDs with tight, variable spreads and an impressive range of over 70 currency pairs.	A long list of currencies and variable spreads with high trading volumes and liquidity are available.
Forex App
Plus500 have developed their mobile apps to match the WebTrader online platform . Secure, reliable and uncomplicated, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.
GBPUSD Spread
Variable	Variable
EURUSD Spread
Variable	Variable
EURGBP Spread
Variable	Variable
Assets
70+	48
Cryptocurrency
Crypto trading not offered	Trade popular crypto tokens against the US Dollar (with NAGA Markets Europe Ltd)
Spread
Variable	Variable
Coins
BCH BTC ETH LTC XRP IOTA NEO EOS XMR	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
79% of retail CFD 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
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