Vantage Markets is a global, multi-asset CFD broker that offers online CFD trading on Forex, Indices, Commodities, ETFs and Stocks. It has been in the market for more than 10 years and claims to provide fast execution, competitive spreads, and various trading tools and educational materials. It is regulated by the Financial Services Authority of Seychelles (FSA).
NAGA is a social trading platform that allows users to trade and copy other traders on over 1000 assets, including real stocks, commodities, cryptocurrencies and more. It also offers free education, live webinars, trading signals, and a mobile app. It is regulated by the Cyprus Securities and Exchange Commission (CySEC).
Vantage Markets vs NAGA Regulation Comparison
Broker
Regulator
License Number
Investor Compensation Fund
Vantage Markets
FSA Seychelles
700271
No
NAGA
CySEC Cyprus
204/13
Yes
Vantage Markets vs NAGA Trading Assets Comparison
Broker
Forex Pairs
Stocks
ETFs
Commodities
Indices
Cryptocurrencies
Vantage Markets
40+
100+ (CFDs)
No
20+ (CFDs)
15+ (CFDs)
No
NAGA
50+
600+ (real and CFDs)
20+ (real and CFDs)
10+ (CFDs)
10+ (CFDs)
15+ (CFDs)
Vantage Markets vs NAGA Trading Fees Comparison
Broker
Spreads
Commissions
Swap Fees
Vantage Markets
From 0.0 pips on RAW ECN account; from 1.4 pips on Standard STP account
$3 per lot per side on RAW ECN account; none on Standard STP account
Yes, depending on the instrument and direction of the trade
NAGA
From 0.7 pips on EUR/USD; from 1.2 pips on GBP/USD; from 0.8 pips on USD/JPY
None for most instruments; $0.10 per share for real stocks and ETFs
Yes, depending on the instrument and direction of the trade
Vantage Markets vs NAGA Account Types Comparison
Broker
Account Types
Vantage Markets
Standard STP account: minimum deposit $200; maximum leverage 500:1; no commissions; free VPS service for deposits over $1000; Islamic account option available. RAW ECN account: minimum deposit $500; maximum leverage 500:1; $3 commission per lot per side; free VPS service for deposits over $1000; Islamic account option available. Pro ECN account: minimum deposit $20,000; maximum leverage 500:1; $2 commission per lot per side; free VPS service; Islamic account option available. Demo account: virtual balance of $50,000; unlimited duration.
NAGA
Live account: minimum deposit $250; maximum leverage 1000:1; no commissions for most instruments; free education and webinars; copy trading feature; NAGA card and wallet available. Demo account: virtual balance of $10,000; unlimited duration.
Vantage Markets vs NAGA Deposit Options Comparison
Bank wire transfer, credit/debit card, Skrill, Neteller, Trustly, Klarna, iDeal, Przelewy24, Giropay, EPS, Rapid Transfer, Local Bank Transfers, NAGA Card and Wallet
Bank wire transfer, credit/debit card, Skrill, Neteller, Trustly, Klarna, iDeal, Przelewy24, Giropay, EPS, Rapid Transfer, Local Bank Transfers, NAGA Card and Wallet
Vantage Markets vs NAGA Trading Platforms Comparison
Broker
Trading Platforms
Vantage Markets
MetaTrader 4: desktop, web and mobile versions; supports automated trading and custom indicators; offers advanced charting and analysis tools. MetaTrader 5: desktop, web and mobile versions; supports automated trading and custom indicators; offers advanced charting and analysis tools; allows hedging and netting modes. WebTrader: web-based platform that does not require download or installation; compatible with any browser and device; offers real-time quotes and charts; allows one-click trading and order management.
NAGA
NAGA Web Platform: web-based platform that does not require download or installation; compatible with any browser and device; offers real-time quotes and charts; allows one-click trading and order management; integrates social trading and copy trading features; supports NAGA card and wallet. NAGA Mobile App: mobile version of the web platform; available for iOS and Android devices; offers the same features and functions as the web platform. MetaTrader 4: desktop, web and mobile versions; supports automated trading and custom indicators; offers advanced charting and analysis tools.
Vantage Markets vs NAGA Analytical Tools Comparison
Broker
Analytical Tools
Vantage Markets
Economic calendar: shows the upcoming economic events and their impact on the markets. Market news: provides the latest market updates and analysis from various sources. Trading signals: offers free trading signals from Trading Central for deposits over $1000. VPS service: provides free access to a virtual private server for deposits over $1000.
NAGA
Economic calendar: shows the upcoming economic events and their impact on the markets. Market news: provides the latest market updates and analysis from various sources. Trading signals: offers free trading signals from selected providers on the NAGA platform. Copy trading: allows users to follow and copy the trades of other successful traders on the NAGA platform. NAGA Protector: enables users to set stop-loss and take-profit levels for their trades automatically. NAGA Academy: offers free education and webinars on various topics related to trading and investing.
Vantage Markets vs NAGA . Which forex broker is better? Which forex broker should you choose?
Different brokers may suit different traders depending on their preferences, goals, strategies and risk appetite. However, here are some possible factors that you may want to consider:
Regulatory and Security: NAGA is regulated by CySEC, a reputable and rigorous regulatory body in the European Union. It also offers an investor compensation fund that can protect your funds up to 20,000 EUR in the event of insolvency. Vantage Markets is regulated by the FSA Seychelles, a less established and more permissive regulator. It does not provide any investor compensation fund.
Tradeable Assets: NAGA offers a wider range of tradable assets than Vantage Markets, including real stocks, ETFs, and cryptocurrencies. Vantage Markets only offers CFDs on these assets, which means you do not own the underlying asset and may incur higher fees and risks. NAGA also offers more forex pairs, stocks, ETFs, and cryptocurrencies than Vantage Markets.
Trading Fees: Vantage Markets offers lower spreads and commissions than NAGA on most instruments, especially on its RAW ECN account. However, it also charges a swap fee for holding positions overnight, which can add up over time. NAGA does not charge any commission for most instruments, except for real stocks and ETFs. It also charges swaps for holding positions overnight.
Account Type: Vantage Markets offers three account types: Standard STP, RAW ECN and Pro ECN. The minimum deposit ranges from $200 to $20,000. Maximum leverage is 500:1 for all accounts. Islamic account options are available for all accounts. NAGA offers only one type of live account with a minimum deposit of 250 USD and maximum leverage of 1000:1. Islamic account option not available.
Deposit and Withdrawal Options: Both brokers offer a variety of deposit and withdrawal options, including bank transfers, credit/debit cards, e-wallets, and cryptocurrencies. However, NAGA also offers its own NAGA card and wallet, which can facilitate faster and easier transactions.
Trading Platform: Both brokers offer MetaTrader 4 as a trading platform, which is a popular and reliable platform that supports automated trading and custom indicators. Vantage Markets also offers MetaTrader 5, which is an upgraded version of MetaTrader 4 that allows for hedging and netting modes. NAGA also offers its own web platform and mobile application, integrating social trading and copy trading features.
Analysis Tools: Both brokers provide economic calendars, market news and trading signals as analysis tools. However, NAGA also offers copy trading, NAGA Protector and NAGA Academy as additional tools that can enhance your trading experience and performance.
Ultimately, choosing a forex broker depends on your personal preferences and needs. You may want to try their demo account first to get a feel for their platform and services before making a decision.
