Exness vs NAGA: analyzing features, fees, and platforms
Exness and NAGA are both well-known among traders, each with its own set of advantages. But how do you determine which one suits you best? This article will compare Exness and NAGA, examining their platforms, fees, customer service, and other factors. Whether you’re a novice trader or considering a switch, this comparison will provide the insights you need to make a well-informed decision. Let’s get into the nitty-gritty and see what each broker brings to the table.
NOTE: Also, you can see a quick review of Exness ↓
And NAGA Markets ↓
Exness vs NAGA Markets: comparing key features
Exness vs NAGA | Exness | NAGA Markets |
---|---|---|
Regulation | CySec, FCA, FSA, and the FSCA. | CySEC, MiFID. |
Platforms | MT4, MT5, MetaTrader WebTerminal, Exness Terminal for Windows, Linux, macOS, iOS, or Android, Exness Trader App. | MT4, MT5, NAGA Web App, and a mobile app. |
Accounts | Standard account, Standard Cent account, Raw Spread account, Zero account, Pro account, demo, Islamic account (Swap-Free). | Live (real), Islamic, and demo accounts. |
Trading instruments | 120 trading instruments including 70 currency pairs, indices, stocks, metals, cryptocurrency, and commodities. | 1000+ assets including commodities, Crypto, stocks, futures, Forex pairs, indices, and more CFDs. |
Analytics and education | Analytical tools, economic calendar, trading calculator, market news by FXStreet, and more. | Glossary, trading basics, currencies encyclopedia, currency converter, webinars, free demo account, news and analysis, daily market insights, daily hot news, earnings calendar, economic calendar. |
Support | Live chat, email, phone. Customer support in 15 languages and 24/7 support in English, Chinese, and Thai. | 24/7 support coverage. Email, live chat, phone. |
Bonuses | — | — |
Minimum deposit |
$10 via cards.
|
$0 to open a live trading account. |
Commissions | No management or withdrawal fees, lower trading costs with the right account type, and no swaps or overnight fees for most instruments. Raw Spread account has a commission of up to $3.50 on each side per lot | No deposit fees; withdrawal fees ($0–$5 for withdrawals over $50, depending on VIP level); trading fees: CFDs (€2.50 per transaction), stocks (€0.99 per transaction), ETFs (0.10% of nominal value), and swaps; copying a trader costs €0.99 per trade plus a 5% fee for profitable trades over €10; crypto withdrawals to wallets (0.99% fee), sending crypto via email (0.50% fee), NAGA Global clients may face up to 20% additional withdrawal fee at discretion. |
Deposits and withdrawals | Bank card, Bitcoin, Skrill, Neteller, USD Coin, Tether (USDT ERC20), Wire transfer, Web Money. | Debit/Credit cards (Visa, Mastercard), Maestro, Discover, Paypal, GiroPay, Skrill, Eps, Ideal, etc. |
Social trading/copy trading | Social trading | NAGA auto-copy. |
VPS | ✓ | — |
Minimum lot size | 0.1 lot. | 0.01 lot. |
Leverage (max) | 1:Unlimited (if eligible, depending on country) 1:2000 (available by default). | On NAGA Global is up to 1:1000. |
Exnes and NAGA Markets: comparison summary
Exness and NAGA are well-known online brokers that offer unique benefits to traders. Exness, regulated by CySec, FCA, FSA, and FSCA, provides a variety of platforms like MT4, MT5, and Exness Terminal, along with a wide range of account types and 120 trading instruments. They focus on offering strong analytics, round-the-clock customer support in multiple languages, competitive fees, and require a minimum deposit of $10. In contrast, NAGA, regulated by CySEC and MiFID, supports MT4, MT5, and the NAGA Web App, featuring over 1000 assets and specializing in social trading. NAGA stands out with no minimum deposit, extensive educational resources, flexible fee options, and 24/7 customer support. Both platforms cater to diverse trading needs, providing flexibility and comprehensive services suited to various trader preferences and goals.
Exness and NAGA: open accounts with Top FX brokers
Exness
Exness stands out with its rigorous regulation by CySec, FCA, FSA, and FSCA, ensuring traders benefit from high levels of trust and security. Offering a diverse range of platforms and account types, Exness caters to various trading styles. With low fees and robust multilingual support, Exness provides a reliable and accessible trading environment suitable for both novice and experienced traders alike. For those looking for a regulated broker with competitive fees and flexible trading options, Exness proves to be an excellent choice.
NAGA Markets
NAGA, regulated by CySEC and MiFID, is notable for its innovative social trading platform, which includes NAGA auto-copy, enabling users to replicate the trades of experienced investors. The platform offers a broad spectrum of assets, from Cryptocurrencies to stocks, complemented by extensive educational resources and market insights. With a user-friendly interface, zero deposit requirements for live accounts, and a variety of payment options, NAGA is accessible to both new and experienced traders looking to engage in social trading.
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Exness vs NAGA Markets - FAQ