Compare Admiral Markets vs NAGA
What is Admiral Markets? What is NAGA?
Admiral Markets is a trading platform for forex, contracts for difference (CFDs) and foreign exchange transactions across various financial markets. It was established in 2001 by Alexander Tsikhilov and is listed on the Nasdaq Nordic stock exchange. It offers MetaTrader software, low spreads, leverage up to 1:500, commission-free stocks CFDs, and access to over 8,000 trading instruments.
NAGA is a social trading platform that allows users to trade and copy other traders with over 1,000 assets available, including commodities, stocks, ETFs, indices and cryptocurrencies. It was founded in 2015 by Benjamin Bilski and Yasin Sebastian Qureshi and is backed by the Fosun Group. It offers NAGA app, web interface and wallet, leverage up to 1:1000, minimum deposit of $250, free education and webinars, and real-time order execution.
Admiral Markets vs NAGA Regulation Comparison
Both platforms are regulated by different authorities in different jurisdictions. Here is a table that shows their regulation status:
| Platform | Regulator | License |
|---|---|---|
| Admiral Markets | Financial Conduct Authority (FCA) in the UK | FRN:595450 |
| Estonian Financial Supervision Authority (EFSA) in Estonia | License no. 4.1-1/46 | |
| Cyprus Securities and Exchange Commission (CySEC) in Cyprus | License no. 201/13 | |
| Australian Securities and Investments Commission (ASIC) in Australia | AFSL no. 410681 | |
| NAGA | Financial Services Authority of Seychelles (FSA) in Seychelles | License no. SD019 |
| Cyprus Securities and Exchange Commission (CySEC) in Cyprus | License no. 204/13 |
Admiral Markets vs NAGA Trading Assets Comparison
Both platforms offer a wide range of trading assets, but they differ in some categories and numbers. Here is a table that shows their trading assets comparison:
| Platform | Forex | Stocks | ETFs | Commodities | Indices | Bonds | Cryptocurrencies |
|---|---|---|---|---|---|---|---|
| Admiral Markets | 80 CFDs on currency pairs | 3000+ Share CFDs, plus thousands of shares to invest in commission-free | 370+ ETF CFDs, plus hundreds of ETFs to invest in commission-free | CFDs on metals, energies and agriculture commodities | 43 Indices CFDs, including cash CFDs and Index Futures | US Treasuries and Germany Bund CFDs | CFDs on Bitcoin, Dash, Ether, Litecoin, Monero and more |
| NAGA | Over 50 currency pairs to trade with tight spreads and fast execution | Over 600 stocks from US, Europe and Asia to trade or invest in commission-free | Over 50 ETFs to trade or invest in commission-free | Over 20 commodities to trade with low margins and high leverage | Over 20 indices to trade with low spreads and fast execution | Not available | Over 10 cryptocurrencies to trade with high leverage and low fees |
Admiral Markets vs NAGA Trading Fees Comparison
Both platforms charge different fees depending on the type of account, asset and transaction. Here is a table that shows some of their trading fees comparison:
| Platform | Spreads | Commissions | Swaps/Rollovers |
|---|---|---|---|
| Admiral Markets | Variable or fixed depending on the account type and asset; typical spread for EUR/USD is 0.6 pips on Trade.MT4 account; average spread for EUR/USD is 0 pips on Zero.MT4 account with commission of $3 per lot per side; average spread for EUR/USD is 0 pips on Invest.MT5 account with commission of $0.01 per share per side for stocks and ETFs; average spread for EUR/USD is 0 pips on Trade.MT5 account with commission of $3 per lot per side for forex and CFDs | None for Trade.MT4 account; $3 per lot per side for Zero.MT4 account; $0.01 per share per side for Invest.MT5 account; $3 per lot per side for Trade.MT5 account | Charged or credited depending on the account type, asset and direction of the trade; calculated based on the interest rate differential between the two currencies involved in the pair and whether the position is long or short; tripled on Wednesdays to account for the weekend; can be positive or negative depending on the market conditions |
| NAGA | Variable depending on the asset and market conditions; typical spread for EUR/USD is 1.2 pips on NAGA Standard account; typical spread for EUR/USD is 0.9 pips on NAGA Pro account with commission of $4 per lot per side; typical spread for EUR/USD is 0.4 pips on NAGA VIP account with commission of $2.5 per lot per side | None for NAGA Standard account; $4 per lot per side for NAGA Pro account; $2.5 per lot per side for NAGA VIP account | Charged or credited depending on the asset and direction of the trade; calculated based on the interest rate differential between the two currencies involved in the pair and whether the position is long or short; tripled on Wednesdays to account for the weekend; can be positive or negative depending on the market conditions |
Admiral Markets vs NAGA Account Types Comparison
Both platforms offer different types of accounts to suit different trading styles and preferences. Here is a table that shows their account types comparison:
| Platform | Account Types | Features |
|---|---|---|
| Admiral Markets | Trade.MT4 | Minimum deposit of $100, leverage up to 1:500, variable spreads from 0.5 pips, no commissions, MetaTrader 4 platform, access to forex, CFDs and cryptocurrencies |
| Zero.MT4 | Minimum deposit of $100, leverage up to 1:500, average spreads from 0 pips, commissions of $3 per lot per side, MetaTrader 4 platform, access to forex and CFDs | |
| Invest.MT5 | Minimum deposit of $1, leverage up to 1:5, average spreads from 0 pips, commissions of $0.01 per share per side, MetaTrader 5 platform, access to stocks and ETFs | |
| Trade.MT5 | Minimum deposit of $100, leverage up to 1:500, average spreads from 0 pips, commissions of $3 per lot per side, MetaTrader 5 platform, access to forex, CFDs and cryptocurrencies | |
| NAGA | NAGA Standard | Minimum deposit of $250, leverage up to 1:1000, variable spreads from 1.2 pips, no commissions, NAGA app and web interface, access to over 1,000 assets |
| NAGA Pro | Minimum deposit of $10,000, leverage up to 1:500, variable spreads from 0.9 pips, commissions of $4 per lot per side, NAGA app and web interface, access to over 1,000 assets | |
| NAGA VIP | Minimum deposit of $50,000, leverage up to 1:500, variable spreads from 0.4 pips, commissions of $2.5 per lot per side, NAGA app and web interface, access to over 1,000 assets |
Admiral Markets vs NAGA Deposit Options Comparison
Both platforms offer various methods for depositing and withdrawing funds from their accounts. Here is a table that shows their deposit and withdrawal options comparison:
| Platform | Deposit Options | Withdrawal Options |
|---|---|---|
| Admiral Markets | Bank transfer (no fees), credit/debit card (no fees), Skrill (0.9% fee), Neteller (0.9% fee), Klarna (no fees), iDeal (no fees), Przelewy24 (no fees), SafetyPay (no fees) | Bank transfer (no fees), credit/debit card (no fees), Skrill (1 EUR fee), Neteller (1 EUR fee) |
| NAGA | Bank transfer (no fees), credit/debit card (no fees), Skrill (2.9% fee), Neteller (2.9% fee), NAGA Card (no fees), NAGA Wallet (no fees), Bitcoin (no fees), Ethereum (no fees), Litecoin (no fees), Dash (no fees), Bitcoin Cash (no fees) | Bank transfer (10 EUR fee), credit/debit card (10 EUR fee), Skrill (1% fee), Neteller (1% fee), NAGA Card (no fees), NAGA Wallet (no fees), Bitcoin (0.0005 BTC fee), Ethereum (0.006 ETH fee), Litecoin (0.001 LTC fee), Dash (0.001 DASH fee), Bitcoin Cash (0.0001 BCH fee) |
Admiral Markets vs NAGA Trading Platforms Comparison
Both platforms offer different trading platforms to suit different trading needs and preferences. Here is a table that shows their trading platforms comparison:
| Platform | Trading Platforms | Features |
|---|---|---|
| Admiral Markets | MetaTrader 4 | The most popular trading platform in the world, with advanced charting tools, indicators, expert advisors, automated trading, and mobile trading |
| MetaTrader 5 | The latest version of MetaTrader, with more features, instruments, order types, and market depth | |
| MetaTrader WebTrader | A web-based version of MetaTrader that can be accessed from any browser without downloading or installing anything | |
| MetaTrader Supreme Edition | A plugin for MetaTrader that enhances its functionality with additional features, such as mini terminal, trade terminal, sentiment trader, correlation matrix, and more | |
| NAGA | NAGA App | A mobile app that allows users to trade, copy, chat, and manage their portfolio from anywhere |
| NAGA Web Interface | A web-based interface that allows users to access their account and trade from any browser without downloading or installing anything | |
| NAGA Wallet | A multi-currency wallet that allows users to store, send, and receive cryptocurrencies securely and conveniently | |
| NAGA Card | A prepaid Mastercard that allows users to spend their funds online and offline anywhere Mastercard is accepted |
Admiral Markets vs NAGA Analytical Tools Comparison
Both platforms offer various analytical tools to help users make informed trading decisions and improve their performance. Here is a table that shows their analytical tools comparison:
| Platform | Analytical Tools | Features |
|---|---|---|
| Admiral Markets | Premium Analytics Portal | A portal that provides users with exclusive access to market news, analysis, signals, and indicators from leading providers, such as Dow Jones, Trading Central, Acuity, and more |
| Trading Calculator | A tool that allows users to calculate their margin, profit/loss, pip value, swap, and commission for any trade | |
| Economic Calendar | A tool that displays the upcoming economic events and their impact on the markets | |
| Market Sentiment Widget | A tool that shows the percentage of buyers and sellers for each instrument | |
| NAGA | NAGA Feed | A social network that allows users to follow other traders, copy their trades, chat with them, and get the latest market updates and news |
| NAGA Protector | A tool that allows users to set a take profit and stop loss for any trade automatically | |
| NAGA Signals | A tool that provides users with trading signals from selected providers based on technical analysis and market trends | |
| NAGA Academy | A platform that provides users with free education and webinars on various topics related to trading and investing |
Admiral Markets vs NAGA. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading style, goals and risk appetite. However, based on the comparison I have provided, you can consider some of the following factors to help you make your decision:
- Regulation: Both brokers are regulated by CySEC in Cyprus, but Admiral Markets has more licenses from other authorities, such as FCA in UK, EFSA in Estonia and ASIC in Australia . This means that Admiral Markets has more oversight and protection for its clients, especially regarding segregated funds, compensation and dispute resolution.
- Trading Assets: Both brokers offer a wide range of trading assets, but Admiral Markets has a wider selection of forex, indices, bonds and cryptocurrencies. NAGA has more options for stocks, ETFs, and commodities. Depending on the market you want to trade or invest in, you may prefer one broker over the other.
- Trading Fees: Both brokers charge different fees depending on the account type, asset and trade. Admiral Markets has lower spreads and commissions on forex and CFDs, but NAGA has lower fees on stocks and ETFs. Admiral Markets also has no deposit or withdrawal fees, while NAGA charges fees for some methods. You may want to compare fees for the assets and trades that interest you and see which broker offers better deals.
- Trading Platforms: Both brokers offer different trading platforms to suit different trading needs and preferences. Admiral Markets offers MetaTrader 4 and 5, the most popular and advanced trading platforms in the world, with a wide range of features, tools and plugins. NAGA provides its own app and web interface, which is user-friendly and more social, with features like copy trading, chat and wallet. Depending on your level of experience and comfort with technology, you may prefer one platform over the other.
- Analytical Tools: Both brokers offer various analytical tools to help you make informed trading decisions and improve your performance. Admiral Markets offers a premium analytics portal that gives you access to market news, analysis, signals and indicators from leading providers. NAGA offers a social network that allows you to follow other traders, copy their trades, chat with them and get the latest market news and updates. Depending on your preferred source of information and guidance, you may prefer one tool over the other.
Ultimately, the choice is yours based on your own research and judgment. You may also want to try out their demo account to get a feel for their services and platforms before making a final decision.
