InstaForex vs NAGA
By Akash · Facts re-checked (UTC)
Here is how InstaForex and NAGA compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| InstaForex | NAGA | |
|---|---|---|
| Regulators | CySEC, BVI FSC | CySEC |
| Minimum deposit | $1 (Insta.Standard, global entity); 1 EUR/USD/GBP (EU entity) | $50 by card |
| Spreads from | – | 0.6 pips on EUR/USD |
| Commission | None on Standard; Zero and Raw accounts from $0.5 per trade (global entity) | – |
| Max leverage | 1:30 for EU retail clients (Instant Trading EU Ltd); up to 1:1000 on the global site | 1:30 on major forex pairs for retail clients (NAGA Markets Europe Ltd, CySEC) |
| Platforms | MetaTrader 4, MetaTrader 5, WebTrader, Mobile | NAGA web app, NAGA mobile app, MetaTrader 4, MetaTrader 5 |
| Retail accounts losing money | 81.92% | 77.41% |
Full reviews: InstaForex review · NAGA review
Frequently asked questions
What is the minimum deposit at InstaForex and NAGA?
InstaForex: $1 (Insta.Standard, global entity); 1 EUR/USD/GBP (EU entity). NAGA: $50 by card.
Are InstaForex and NAGA regulated?
InstaForex: CySEC, BVI FSC. 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