NAGA.com vs HF Markets Broker Comparison

Are you trying to figure out which is a better broker, NAGA.com or HF Markets? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that HF Markets is the better of the two. HF Markets offers 160 instruments, licenses from FCA, FSCA, FSA(SVG), DFSA, and fair trading fees.

In the tables below, you can compare the features of NAGA.com and HF Markets side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked HF Markets higher than NAGA.com.

Rating
90/100
94.3/100
Min. Deposit
250$
50$
Regulated By
CySecCySec
FCAFCA
FSCAFSCA
FSA(SVG)FSA(SVG)
Bonus
N/A
No Information
Min. Spread
1
0.1
Max. Leverage
1:30
1:30
Currency Pairs
300
50
Trading Instruments
950+
160
Trading Platforms
MT4, MT5
MT4, MT5, mobile
Deposit Methods
Bank Transfer, Debit cards, Credit Cards, Skrill
Bank transfer, Visa, Mastercard, Skrill, Netseller, Sofort
Type of Brokers
Market Maker
STP/ECN
Customer Support
24/7
24/5
Language Support
10
27
Established
2015
2010
Used By
2,000,000+ Traders

Does NAGA.com or HF Markets have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive NAGA.com and HF Markets are, we first considered the common fees on Standard Accounts. At NAGA.com the average spread for the EUR/USD currency pair is 1 pips, whilst at HF Markets the spread is 0.1.

This shows that HF Markets is the better option for low-cost forex trading.

When it comes to non-trading fees, NAGA.com charges for inactivity, withdrawal. HF Markets charges for inactivity. With this in mind, HF Markets has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that HF Markets is the better option.

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, NAGA.com or HF Markets?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

NAGA.com is regulated by CySec and does not offer client protection. HF Markets is regulated by FCA, FSCA, FSA(SVG), DFSA and does not offer client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that HF Markets is the safer broker.

Broker summary

How many trading instruments are available at NAGA.com and HF Markets?

NAGA.com provides traders with 950+ instruments. This includes 300 currency pairs, 27 cryptocurrencies, and 400+ stocks and shares. With NAGA.com, you can also trade CFDs.

In comparison, HF Markets boasts 160 tradable instruments. HF Markets offers 50 currency pairs, 12 cryptocurrencies, and 944 stocks and shares. HF Markets also allows CFD trading.

As HF Markets has 160 and NAGA.com has 950+, a difference of 790, this shows that HF Markets offers more opportunities to diversify your trading portfolio.

Markets and Products

Which broker offers the best trading platform, NAGA.com or HF Markets?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

NAGA.com provides you with the ability to trade via 3 trading platforms, and HF Markets has 3 trading platforms. Both brokers also offer research and trading tools, however HF Markets has more.

Overall, our experts agree that HF Markets boasts the better trading platform offering.

Research Tools

Which is better for beginners, NAGA.com or HF Markets?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that HF Markets is the better broker for beginner traders as it offers a larger range of educational tools and materials. HF Markets also has a minimum deposit of $.

Educational Features

Which broker is better overall?

Overall, our tested reviewing methodology proves that HF Markets is the better broker in a range of key areas. You can learn more by reading our NAGA.com and HF Markets reviews.

NAGA.com vs HF Markets
NAGA.com
90
Points
HF Markets
94.3
Points
Overall
4 points
NAGA.com
88
Points
HF Markets
95
Points
Commissions & Fees
7 points
NAGA.com
85
Points
HF Markets
96
Points
Licensing & Safety
11 points
NAGA.com
90
Points
HF Markets
89
Points
Trading Platforms & Tools
1 points
NAGA.com
95
Points
HF Markets
98
Points
Payments
3 points
NAGA.com
95
Points
HF Markets
92
Points
Customer Service
3 points
NAGA.com
80
Points
HF Markets
96
Points
Educational
16 points
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