NAGA.com vs HFTrading Broker Comparison

Are you trying to figure out which is a better broker, NAGA.com or HFTrading? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that HFTrading is the better of the two. HFTrading offers 350+ instruments, licenses from ASIC, NZFMA, and fair trading fees.

In the tables below, you can compare the features of NAGA.com and HFTrading 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 HFTrading higher than NAGA.com.

Rating
90/100
96.3/100
Min. Deposit
250$
$250$
Regulated By
CySecCySec
ASICASIC
Bonus
N/A
No Information
Min. Spread
1
2.2
Max. Leverage
1:30
1:400
Currency Pairs
300
50
Trading Instruments
950+
350+
Trading Platforms
MT4, MT5
MT4, mobile
Deposit Methods
Bank Transfer, Debit cards, Credit Cards, Skrill
Bank Transfer, Visa, Mastercard, Skrill, Netseller
Type of Brokers
Market Maker
STP/NDD
Customer Support
24/7
12/5
Language Support
10
1
Established
2015
2019
Used By
100,000+ Traders

Does NAGA.com or HFTrading 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 HFTrading 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 HFTrading the spread is 2.2.

This shows that NAGA.com is the better option for low-cost forex trading.

When it comes to non-trading fees, NAGA.com charges for inactivity, withdrawal. HFTrading charges for inactivity, withdrawal. With this in mind, both brokers offer similar non-trading fees.

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

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, NAGA.com or HFTrading?

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. HFTrading is regulated by ASIC, NZFMA and does not offer client protection.

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

Broker summary

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

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, HFTrading boasts 350+ tradable instruments. HFTrading offers 50 currency pairs, 51 cryptocurrencies, and 167 stocks and shares. HFTrading also allows CFD trading.

As HFTrading has 350+ and NAGA.com has 950+, a difference of 600, this shows that HFTrading offers more opportunities to diversify your trading portfolio.

Markets and Products

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

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 HFTrading has 2 trading platforms, too. Both brokers also offer research and trading tools, however HFTrading has more.

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

Research Tools

Which is better for beginners, NAGA.com or HFTrading?

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 HFTrading is the better broker for beginner traders as it offers a larger range of educational tools and materials. HFTrading also has a minimum deposit of $.

Educational Features

Which broker is better overall?

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

NAGA.com vs HFTrading
NAGA.com
90
Points
HFTrading
96.3
Points
Overall
6 points
NAGA.com
88
Points
HFTrading
93
Points
Commissions & Fees
5 points
NAGA.com
85
Points
HFTrading
99
Points
Licensing & Safety
14 points
NAGA.com
90
Points
HFTrading
97
Points
Trading Platforms & Tools
7 points
NAGA.com
95
Points
HFTrading
96
Points
Payments
1 points
NAGA.com
95
Points
HFTrading
95
Points
Customer Service
NAGA.com
80
Points
HFTrading
98
Points
Educational
18 points
Open Account in HFTrading