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Moneta Markets vs NAGA

By · Facts re-checked (UTC)

Here is how Moneta Markets and NAGA compare on regulation, costs and platforms. See the table for regulators, costs and platforms.

Moneta MarketsNAGA
RegulatorsFCA, FSCA, FSC MauritiusCySEC
Minimum deposit$50 (standard accounts; ECN account $20,000)$50 by card
Spreads from0.0 pips (ECN accounts)0.6 pips on EUR/USD
CommissionFrom $3 per lot per side on ECN; $1 per lot per side on a higher tier–
Max leverageUp to 1000:1 on FX, indices and precious metals (international entities, not the FCA entity)1:30 on major forex pairs for retail clients (NAGA Markets Europe Ltd, CySEC)
PlatformsMetaTrader 4, MetaTrader 5, AppTraderNAGA web app, NAGA mobile app, MetaTrader 4, MetaTrader 5
Retail accounts losing money–77.41%

Full reviews: Moneta Markets review · NAGA review

Frequently asked questions

What is the minimum deposit at Moneta Markets and NAGA?

Moneta Markets: $50 (standard accounts; ECN account $20,000). NAGA: $50 by card.

Are Moneta Markets and NAGA regulated?

Moneta Markets: FCA, FSCA, FSC Mauritius. NAGA: CySEC.

Which has tighter spreads, Moneta Markets or NAGA?

Published spreads start from 0.0 pips (ECN accounts) at Moneta Markets and 0.6 pips on EUR/USD at NAGA; commission: Moneta Markets From $3 per lot per side on ECN; $1 per lot per side on a higher tier, NAGA none listed.

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