Naga vs. RoboForex Comparison

This contrast guide aids users that struggle to select in between Naga and RoboForex to find the very best online broker for their trading and financial investment needs. It analyzes the main features of the two brokers alongside to help users contrast their solution and make a notified choice.

To aid customers pick the appropriate broker in between Naga and RoboForex to find the best-suited platform, below is a checklist of broker’s advantages and disadvantages, adhered to by a contrast of their main trading attributes, consisting of trading platforms & tools, charges, mobile trading, deposit & withdrawal, properties, law, and client support.

Naga vs. RoboForex: Summary

naga-logo

NAGA is a forex and CFD broker regulated by two tier-one regulators (the CySEC and BAFIN). They offer users access to over 1,000 financial instruments including forex currencies, shares, cryptos, commodities, ETFs and indices. Naga users can choose between various platforms including its own proprietary platform and MetaTrader 4 and MetaTrader 5. The broker additionally offers social trading features, which makes it a common choice among beginner traders.

Naga’s trading fees are average compared to other forex and CFD brokers (Pepperstone, AvaTrade and eToro). The broker also features an extensive education section which includes the NAGA Academy, NAGA Learn, and the Currencies Encyclopedia.

NAGA’s customer support is available through email and live chat in English, Arabic, and over 10 other languages.

roboforex-logo

RoboForex is a forex and CFD broker regulated by the IFSC. They provide users access to over 12,000 tradable instruments including CFDs on stocks, futures, indices, cryptocurrencies, and forex.

RoboForex users can choose between various platforms including a proprietary platform (RoboForex Terminals), MetaTrader 4, MetaTrader 5, and cTrader.

RoboForex offers competitive trading fees compared to similar brokers in the industry (Pepperstone and IC Markets). They charge tight spreads from 0.0 pips EUR/USD and an additional commission. Apart from that, RoboForex doesn’t charge hidden commissions or fees. The maximum leverage at RoboForex is 1:2000 and all clients get access to a free VPS server.

RoboForex’s customer support is available by email, phone, and live chat in English, Arabic, and over 10 other languages.

Pros

  • Access to 1,000 + financial instruments
  • Compatible with MT4, MT5 and TradingCentral
  • Up to 1:30 leverage
  • Excellent copy trading features
  • Fast account opening

Cons

  • High fees on forex and CFDs
  • Not DFSA-regulated

Pros

  • Low minimum deposit ($10)
  • Forex spreads from 0.0 pips (EUR/USD)
  • MT4, MT5 and cTrader integration
  • Excellent customer support
  • Access to 12,000 tradable assets
  • Availability of copy trading tools (CopyFX)

Cons

  • Floating spreads
  • Limited banking options available

Key features

  • 1,000 + financial instruments including crypto and NFTs from one account
  • Various trading platforms (MT4, MT5, TradingCentral, AlgoTrader)
  • Copy trading features
  • Two tier-one licenses (CySEC and BaFIN)
  • Instant withdrawals to e-wallets and crypto wallets
  • Up to 1:30 leverage

Key features

  • Access to 12,000 financial instruments
  • High welcome and profit share bonuses
  • Access to Expert Advisors (EA’s) through the R StocksTrader Strategy Builder
  • Social trading via CopyFX
  • Intuitive mobile trading app

Naga vs. RoboForex Comparison

Select up to 3 Brokers

24Option
ActivTrades
Admiral Markets
ADSS
Ally Invest
Alpaca Markets
Alpari
Alvexo
Amana Capital
AMP Futures
AMP Global
ARMO Broker
AvaFutures
AVAtrade
Axi
Axiory
Ayrex
Binary.com
BinaryCent
Binomo
BlackBull Markets
Brokerpoint
Capex (Ex. CFD Global)
Capital.com Review
Capitalize.ai
Captrader
Charles Schwab
ChoiceTrade
City Index
CMC Markets
Comdirect
Davy Select
Degiro
Dukascopy
E-Trade
EasyEquities
Eightcap
eOption
eToro
ETX Capital
ExpertOption
FBS
Fidelity
FinmaxFX
Finq.com
Firstrade
Flatex
Forex.com
FP Markets
Fusion Markets
FX Trading
FXCM
FXPro
FXTM
GoMarkets
HF Markets
HYCM
IC Markets
IG Trading
Interactive Brokers
Internaxx
IQ Option
IQCent
IronFX
Libertex Review March 2024
Lightspeed
LiteFinance
Magnifi
Markets.com
Merrill Edge
MEXEM
Moneta Markets
Multibank
Naga
Next Markets
Ninja Trader
Oanda
OctaFX
Olymp Trade
OneRoyal
Optimus Futures
OptionRobot.com
Passfolio
Pepperstone
Plus500
Pocket Option
Questrade
RaceOption
Rakuten Securities
Revolut
Robinhood
RoboForex
Sarwa
Saxo Bank
Skilling
SogoTrade
Spreadex
Swissquote
Tastytrade
TD Ameritrade
ThinkMarkets
Tickmill
TMGM
Toroption
Trade Ideas
Trade Nation
TradeStation
Trading212
TrendSpider
Vantage
Vestinda
VT Markets
Webull
XM
XTB
Zacks Trade
Zerodha
Compare brokers
roboforex-logo

RoboForex

Open account Read review

79.43% of retail investor accounts lose money when trading CFDs

BROKER COMPARISON

naga-logo
roboforex-logo

Overall rating

3,7/5

4,3/5

Overall rating

3,7/5

4,3/5

Trading Platform & Tools

4.5

4.3

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 30:1 2000:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.5

4.6

See details
Withdrawal Fee $5.00 0
Deposit Fee 0 0
Inactivity Fee 0 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 1.7 1
Stocks & ETF $6 per trade 0
CFD (Gold) 45 7
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

4.6

4.4

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.8

4.1

See details
Minimum deposit (in UAE) $250.00 $10.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.8

3.8

See details
Shares 375 12000
ETF & Funds 0 1000
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 49 40
CFD Indices & Funds 31 1100
CFD Stocks 448 12000
CFD Commodities 7 100
CFD Crypto 32 0
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

3.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.1

3.8

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.9

4.7

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Naga vs. RoboForex Comparison Conclusion

The results of our comparison of Naga vs. RoboForex are involved the table below.

Broker:Best For:
NagaForex and CFDs; Social trading
RoboForexForex and CFDs and Welcome bonuses

Picking the best choice in between Naga and RoboForex can be difficult. Both on the internet brokers have resemblances but vary pertaining to trading instruments, platforms & applications, regulation, down payment & withdrawals, and research study and education and learning. Choosing the best broker depends upon customers’ trading & financial investment goals, private preferences, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

This site is registered on wpml.org as a development site.