NAGA vs Trade Nation
By Akash · Facts re-checked (UTC)
Here is how NAGA and Trade Nation compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| NAGA | Trade Nation | |
|---|---|---|
| Regulators | CySEC | FCA |
| Minimum deposit | $50 by card | No minimum (UK: £0.01 to £5 depending on payment method) |
| Spreads from | 0.6 pips on EUR/USD | EUR/USD 0.3 (TN Trader/TradingView, fixed) |
| Commission | – | No commission; spread only |
| Max leverage | 1:30 on major forex pairs for retail clients (NAGA Markets Europe Ltd, CySEC) | 30:1 on major FX pairs (Trade Nation Financial UK Ltd, FCA) |
| Platforms | NAGA web app, NAGA mobile app, MetaTrader 4, MetaTrader 5 | TN Trader, TradingView, MetaTrader 4 |
| Retail accounts losing money | 77.41% | – |
Full reviews: NAGA review · Trade Nation review
Frequently asked questions
What is the minimum deposit at NAGA and Trade Nation?
NAGA: $50 by card. Trade Nation: No minimum (UK: £0.01 to £5 depending on payment method).
Are NAGA and Trade Nation regulated?
NAGA: CySEC. Trade Nation: FCA.
Which has tighter spreads, NAGA or Trade Nation?
Published spreads start from 0.6 pips on EUR/USD at NAGA and EUR/USD 0.3 (TN Trader/TradingView, fixed) at Trade Nation; commission: NAGA none listed, Trade Nation No commission; spread only.
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