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Compare IQ Option vs NAGA. Should trade at IQ Option or NAGA?

brokerinfor by brokerinfor
2 August, 2023
in Compare, Compare Forex Brokers
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IQ OptionNAGA

Table of contents

  1. Compare IQ Option vs NAGA
  2. What is IQ Option? What is NAGA ?
  3. IQ Option vs NAGA Regulation Comparison
  4. IQ Option vs NAGA Trading Assets Comparison
  5. IQ Option vs NAGA Trading Fees Comparison
  6. IQ Option vs NAGA Account Types Comparison
  7. IQ Option vs NAGA Deposit Options Comparison
  8. IQ Option vs NAGA Trading Platforms Comparison
  9. IQ Option vs NAGA Analytical Tools Comparison
  10. IQ Option vs NAGA . Which forex broker is better? Which forex broker should you choose?

Compare IQ Option vs NAGA

What is IQ Option? What is NAGA ?

IQ Option is an award-winning mobile trading platform that offers CFDs on stocks, ETFs, forex, commodities and cryptocurrencies.

NAGA is a social trading platform that allows users to trade and copy other traders with over 1000+ assets available, including real stocks, commodities, forex and cryptocurrencies.

IQ Option vs NAGA Regulation Comparison

IQ Option has group entities authorised and regulated in different jurisdictions, such as Cyprus Securities and Exchange Commission (CySEC), Financial Services Authority of Seychelles (FSA), Australian Securities and Investments Commission (ASIC) and others.

NAGA has group entities authorised and regulated locally. NAGA Capital Ltd is regulated by the Financial Services Authority of Seychelles (FSA). NAGA Markets Europe Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).

IQ Option vs NAGA Trading Assets Comparison

IQ Option offers over 500+ assets to trade, including CFDs on stocks, ETFs, forex, commodities and cryptocurrencies.

NAGA offers over 1000+ assets to trade, including real stocks, ETFs, forex, commodities, indices and cryptocurrencies.

IQ Option vs NAGA Trading Fees Comparison

IQ Option charges variable spreads depending on the asset and market conditions. The average spread for EUR/USD is 1.2 pips. There are no commissions or hidden fees.

NAGA charges variable spreads depending on the asset and market conditions. The average spread for EUR/USD is 1.5 pips. There are also commissions ranging from $4 to $10 per lot depending on the account type.

IQ Option vs NAGA Account Types Comparison

IQ Option offers two types of accounts: a standard account with a minimum deposit of $10 and a VIP account with a minimum deposit of $1900 (only available for non-EU clients). Both accounts have access to all trading instruments and features.

NAGA offers four types of accounts: a basic account with a minimum deposit of $250, a silver account with a minimum deposit of $2500, a gold account with a minimum deposit of $5000 and a diamond account with a minimum deposit of $25000. The higher the account type, the lower the spreads and commissions, and the higher the leverage and bonuses.

IQ Option vs NAGA Deposit Options Comparison

IQ Option supports various deposit and withdrawal methods, such as credit/debit cards, e-wallets (Skrill, Neteller, WebMoney etc.), bank transfers and cryptocurrencies. The minimum withdrawal amount is $2. There are no fees for deposits or withdrawals.

NAGA supports various deposit and withdrawal methods, such as credit/debit cards, e-wallets (Skrill, Neteller etc.), bank transfers and cryptocurrencies. The minimum withdrawal amount is $50. There are no fees for deposits or withdrawals.

IQ Option vs NAGA Trading Platforms Comparison

IQ Option has its own proprietary trading platform that is available for desktop (Windows/MacOS), web and mobile (iOS/Android). The platform has a clean and intuitive interface, with advanced features such as technical analysis tools, historical quotes, price alerts, risk management tools and more.

NAGA has its own proprietary trading platform that is available for desktop (Windows/MacOS), web and mobile (iOS/Android). The platform has a social and interactive interface, with features such as copy-trading, news feed, economic calendar, trading signals, community live trades and more.

IQ Option vs NAGA Analytical Tools Comparison

IQ Option provides various analytical tools to help traders make informed decisions, such as news feed, economic calendar, technical indicators, widgets, price alerts and more.

NAGA provides various analytical tools to help traders make informed decisions, such as news feed, economic calendar, technical indicators, trading signals, community live trades and more.

IQ Option vs NAGA . Which forex broker is better? Which forex broker should you choose?

Choosing a forex broker depends on many factors, such as your trading style, goals, risk appetite, experience and preferences. You should compare the features and services of different brokers and decide which one suits you best.

4.8/5 - (346 votes)

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