NAGA.com vs Trade Nation Broker Comparison

Home » NAGA.com vs Trade Nation Broker Comparison

Are you trying to figure out which is a better broker, NAGA.com or Trade Nation? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that Trade Nation is the better of the two. Trade Nation offers 2,500 instruments, licenses from FCA, FSCA, ASIC, SCB, FSP, and fair trading fees.

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

Methodology:
This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive.
naga logoTrade Nation-Trade Nation- A Fresh Approach to Trading
OPEN ACCOUNTReviewReview
RATING90/10091/100
MIN. DEPOSIT250$
REGULATED BYeuropeuk south africa australia
BONUSN/ANo Information
MIN. SPREAD11.5
MAX. LEVERAGE1:301:200
CURRENCY PAIRS30033
TRADING INSTRUMENTS950+2,500
TRADING PLATFORMSMT4, MT5MT4, WebTrader
DEPOSIT METHODSBank Transfer, Debit cards, Credit Cards, SkrillBank Transfer, Debit cards, Credit Cards, Skrill
TYPE OF BROKERSMarket MakerMarket Maker
CUSTOMER SUPPORT24/724/5
LANGUAGE SUPPORT101
ESTABLISHED20152014
USED BY10,000+ Traders

Does NAGA.com or Trade Nation 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 Trade Nation 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 Trade Nation the spread is 1.5.

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. Trade Nation charges for . With this in mind, Trade Nation has lower non-trading fees.

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

Trading Fees*

TYPE OF FEENAGA.COMTRADE NATION
Minimum Spread EURUSD (pips)11.5
Commission (%)0
Commission on Islamic Accounts (%)0

*Based on Standard account type.

Non-Trading Fees

TYPE OF FEENAGA.COMTRADE NATION
Account FeesNN
Inactivity FeesYN
Deposit FeesNN
Withdrawal FeesNN

Which broker is safer, NAGA.com or Trade Nation?

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. Trade Nation is regulated by FCA, FSCA, ASIC, SCB, FSP and does not offer client protection.

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

Broker summary

NAGA.COMTRADE NATION
Minimum Deposit (USD $)2500
LicensesCySecFCA, FSCA, ASIC, SCB, FSP
Max. Leverage1:301:200
Client ProtectionNY
Broker TypeMarket MakerMarket Maker
Number of Instruments950+2,500
Currency Pairs30033
Stocks400+2000+
Cryptocurrencies270
CFDsYY
Proprietary Trading PlatformYN
MT 4YY
MT 5YN
Mobile CompatibleNN
Research ToolsNN
Educational MaterialsNN
Payment MethodsBank Transfer, Debit cards, Credit Cards, SkrillBank Transfer, Debit cards, Credit Cards, Skrill
24/5 Customer SupportYY
Live ChatYY

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

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, Trade Nation boasts 2,500 tradable instruments. Trade Nation offers 33 currency pairs, 0 cryptocurrencies, and 2000+ stocks and shares. Trade Nation also allows CFD trading.

As Trade Nation has 2,500 and NAGA.com has 950+, a difference of 948, this shows that Trade Nation offers more opportunities to diversify your trading portfolio.

Markets and Products

INSTRUMENTNAGA.COMTRADE NATION
Currency Pairs30033
Commodities89
Precious Metals00
Indices2531
Stocks and Shares400+2000+
Cryptocurrencies270
Options03
ETFs11

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

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

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

Research Tools

TOOLNAGA.COMTRADE NATION
News (from top-tier sources)YY
Trading Signals and IndicatorsNN
Trade IdeasNN
Expert AnalysisNN
Autochartist ToolsNN
Sentiment ChartsNN
Economic CalendarYY

Which is better for beginners, NAGA.com or Trade Nation?

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

Educational Features

FEATURENAGA.COMTRADE NATION
Demo AccountYY
Platform Tutorial VideosNN
Educational PDFsNY
Live WebinarsNY
YouTube VideosNN
Trading AcademyNN
Trading GlossaryNY

Which broker is better overall?

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

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