Markets.com vs NAGA | We Compare Brokers
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Markets.com vs NAGA | Broker Comparison

Review By: Ivan Postoian
Review Updated: 2022-05-09

So you are looking to compare forex brokers, no doubt you are looking for a forex broker comparison which will help you find who has the best forex spreads and forex leverage. We can help! We have done extensive research of the major forex brokers to bring you a set of results with customisable comparisons between brokers. Use our tool below to make a quick comparison between two forex brokers to see who has what rates and fees. Over on the right of the screen, you will see two drop-down fields. Select the brokers you want to compare. See our full list of broker comparisons here.

4.2
Rating

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Pros
  • Heavy regulatory compliance – FCA, CySEC, ASIC and others
  • Tight spreads and low fees
  • Beginner-friendly MT4/MT5 shop
  • Top-notch customer service
  • No commission fees on CFDs

 

Cons
    • Website manoeuvrability can be confusing
    • Research tools are behind industry leaders

 

 

3.9
Rating

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.

Pros
  • Major focus on social and copy trading with community of one million clients
  • More than 1,000 tradable asset choices
  • Professional trading tools and multiple funding methods
  • BaFin/CySEC regulatory oversight of German-based firm on Frankfurt Stock Exchange

 

Cons
  • Spreads and fees could be more competitive at basic retail levels
  • Withdrawal fee of $5 with complicated process
  • Does not offer service to residents of UK (terminated December 2021), US or Canada

 

 

Feature
Markets.com
NAGA
Minimum deposit:
100 GBP, EUR, USD
250 EUR, GBP, USD
Withdrawal fee amount:
None
5 EUR, GBP, USD
Inactivity fee charged (Y/N):
Y
N
Max leverage:
1:300 (applicable to EU professional clients only and clients under BVI and FSCA regulation.) 1:30 For the rest of the regulations (UK, SA and retail clients for EU)
1:30 or 1:1000
Spread from:
0
1.3 pips
Number of instruments:
over 3000
950+
Year founded:
2008
2015
Time to open account:
1-2 business days
1 business day
Demo account provided (Y/N):
Y
Y
Countries of regulation:
UK, Cyprus, Australia, BVI, South Africa
Germany, Cyprus
Products offered:
CFDs
Forex and CFDs – Stocks, Cryptos, Indices, ETFs, Commodities, Futures – along with a dedicated copy-trading platform
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