VantageFX vs Naga

Vantage vs NAGA Comparison Table 2024
Vantage	NAGA
Review 4.7	Review 2.8

Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.	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.
	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
Customer Reviews
4.3 Based on 3 Vantage customer reviews
Bonus Offer
50% Welcome Deposit Bonus, earn redeemable rewards in the Vantage Rewards scheme
Comment by Reviewer
"Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly."	"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."
Pros
Vantage maintains its high trust score thanks to its strong reputation and top-tier regulation from the FCA and ASIC The ECN accounts are very competitive with spreads from 0.0 pips and a $1.50 commission per side There’s an excellent suite of day trading software, including the award-winning platforms MT4 and MT5 The broker has recently made efforts to expand its suite of CFDs providing further trading opportunities Vantage caters to hands-off investors with beginner-friendly social trading via ZuluTrade & Myfxbook The low minimum deposit of $50 and zero funding fees make this broker a great choice for new traders There are no short-term strategy restrictions with hedging and scalping permitted It’s quick and easy to open a live account – taking less than 2 minutes	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
Cons
It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side The average execution speeds of 100ms to 250ms are slower than alternatives based on tests Unfortunately, cryptos are only available for Australian clients	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
Awards
Best Broker Australia - Ultimate Fintech Awards 2022 Best In CFD Trading 2022 - The European Global Banking & Finance Awards 2022 Best Trading App - Professional Trader Awards 2022 Best Trade Execution - Global Forex Awards 2023
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds	CFDs on forex, indices, shares, commodities, cryptocurrencies, real stocks and futures
Demo Account
Yes	Yes
Minimum Deposit
$50	$250
Trading Platforms
ProTrader MT4 MT5 TradingView DupliTrade	NAGA Platform MT4 MT5 TradingView
Payment Methods
AstroPay BPAY Credit Card Debit Card FasaPay JCB Card Neteller Skrill Swift UnionPay Visa Wire Transfer	Multiple local payment methods available depending on the client’s country of residence
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, ASIC, FSCA, VFSC	CySEC, FSA
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
Yes	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
App Review
Vantage offers one of the most complete trading apps we’ve used. The crisp design and slick interface makes analyzing markets and placing trades straightforward. Changing to horizontal mode offers an optimal charting view, though frustratingly it can take a few seconds for the app to respond. Fortunately, this minor drawback is outweighed by the ease of overlaying indicators and drawing tools, plus the integrated economic calendar, newsfeed, market analysis, and even FX TV.
Android App Rating
3.9
iOS App Rating
3.6
Auto Trading
Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
Yes	Yes
Copy Trading Platform
Traders enjoy social and copy trading at Vantage with the MetaTrader packages, DupliTrade, ZuluTrade and Myfxbook. ZuluTrade is one of the best social trading communities, using a sophisticated algorithm to rank top signal providers.	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	Yes
Trade Signals
Yes	Yes
VPS Hosting
Yes	No
Tournaments
No	Yes
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD NZD JPY HKD SGD PLN	USD EUR GBP PLN
Stock Exchanges
Australian Securities Exchange (ASX) Bombay Stock Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq National Stock Exchange Of India S&P 500	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
Cocoa Coffee Copper Cotton Gasoline Gold Natural Gas Oil Orange Juice Palladium Platinum Silver Sugar Wheat	Coffee Copper Gold Natural Gas Oil Palladium Platinum Silver
CFD Trading
Traders can speculate on 1000+ financial markets with high leverage up to 1:500. You can bet on rising and falling prices in currencies, commodities, indices, shares, and more without owning the underlying asset. With the comprehensive choice of CFD trading platforms, users can also switch between desktop, web and mobile for a seamless trading experience.	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.
Leverage
1:500	1:30 (EU). Leverage also depends on the financial instrument traded and the trader's location.
FTSE Spread
1.0	Variable
GBPUSD Spread
0.5	Variable
Oil Spread
0.01	Variable
Stocks Spread
0.01	Variable
Forex Trading
Vantage offers 55+ currency pairs - above the industry average, so experienced traders can explore plenty of opportunities. Vantage's deep liquidity pool provides forex spreads from 0.0 pips in the ECN account, lower than many alternatives. There are also no commissions, deposit fees or hidden charges.	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.
GBPUSD Spread
0.5	Variable
EURUSD Spread
0.0	Variable
EURGBP Spread
0.5	Variable
Assets
55+	48
Currency Indices
USD
Cryptocurrency
You can trade cryptos 24/7, including Bitcoin, with up to 1:200 leverage and zero overnight fees. Various risk management tools are also available, including price alerts and stop losses. The Vantage app also offers an excellent live news feed so you can keep track of the crypto market whilst on the go.	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.
Spread
Floating	Variable
Coins
ADA AVA BTC DOG EOS ETH LTC NEO SHB SOL TRX UNI XRPandmanymore	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. 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
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