HFM vs NAGA
By Akash · Facts re-checked (UTC)
Here is how HFM and NAGA compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| HFM | NAGA | |
|---|---|---|
| Regulators | CySEC, FCA, FSA Seychelles, FSCA | CySEC |
| Minimum deposit | – | $50 by card |
| Spreads from | – | 0.6 pips on EUR/USD |
| Max leverage | – | 1:30 on major forex pairs for retail clients (NAGA Markets Europe Ltd, CySEC) |
| Platforms | – | NAGA web app, NAGA mobile app, MetaTrader 4, MetaTrader 5 |
| Retail accounts losing money | – | 77.41% |
Full reviews: HFM review · NAGA review
Frequently asked questions
Are HFM and NAGA regulated?
HFM: CySEC, FCA, FSA Seychelles, FSCA. NAGA: CySEC.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more