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AvaTrade vs. NAGA

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Brokers Comparison
Our Score
4.59
/ 5
4.14
/ 5
Trust Rating
Trading Conditions
Trading Platforms
Deposit & Withdrawal
Assets Available
Education & Research
Customer Service
Beginner Friendly
Analysis Research
Min. Deposit
USD 100
USD 10

Regulations

Regulation
Australian Securities & Investment CommissionCentral Bank of IrelandCyprus Securities and Exchange CommissionFinancial Regulatory Services Authority
Financial Services AgencyFinancial Sector Conduct AuthorityIsrael Securities Authority
Cyprus Securities and Exchange CommissionFinancial Regulatory Services AuthorityThe Seychelles Financial Services Authority
Trading Desk Type
Market Maker
Market Maker NDD
Trading Instruments
Bonds, Commodities, Cryptocurrencies, Stock CFDs, ETFs, Forex, Indices, Vanilla Options
Commodities, Cryptocurrencies, Stock CFDs, ETFs, Forex, Futures, Indices

Conditions

Forex Pairs
63
49
Crypto Pairs
30
25
Pros
  • Top-tier regulation and security with licenses from ASIC and CBI among others
  • Accessible trading with a low minimum deposit of 100 USD
  • Award-winning mobile trading with the AvaTradeGO app with social trading features
  • Wide range of assets including unique instruments like vanilla options
  • Educational material to support trader development and strategy enhancement
  • Well regulated
  • Great platform choice
  • Wide range of assets
Cons
  • Market analysis could be more extensive
  • Avatrade is a Market Maker and operate a dealing desk which might not align with all trading preferences
  • Well regulated
  • Great platform choice
  • Wide range of assets
% Lose with this broker
76%
77.41%
Leverage
30:1
1000:1
Spread
0.90 pips
0.70 pips
Hedging
Yes
Yes
Scalping
Yes
Yes
Account Types
Islamic, Professional, Retail
Bronze, Crystal, Diamond, Gold, Iron, Silver
Islamic Account
Yes
Yes
Trading Platforms
AvaOptions, Avatrade Social, MT4, MT5
MT4, MT5, NAGA Web App
Funding Methods
Bank Transfer, Klarna, Maestro, Mastercard, Neteller, Ozow, Paypal, POLi, Skrill, Visa, WebMoney
Bank Transfer, Bitcoin, Diners Club, Giropay, Maestro, Mastercard, Paypal, Sofort Banking, Visa
Trading Commissions
Fees Included in Spread
Fees Included in Spread
AvaTrade
NAGA
Trust Rating
4.5
4
Trading Conditions
4.5
2.5
Trading Platforms
4.5
4.5
Deposit & Withdrawal
4.5
5
Assets Available
5
5
Education & Research
5
5
Customer Service
4.5
4.5
Beginner Friendly
3
3
Analysis Research
5
5
Overall Rating
4.59
/ 5
4.14
/ 5