Lightspeed vs. Naga Comparison

This contrast overview helps individuals who battle to pick between Lightspeed and Naga to find the very best online broker for their trading and investment requirements. It analyzes the highlights of the two brokers side-by-side to help customers compare their solution and make an informed decision.

To help users pick the best broker between Lightspeed and Naga to find the best-suited system, below is a checklist of broker’s pros and cons, followed by a contrast of their major trading functions, including trading platforms & devices, charges, mobile trading, deposit & withdrawal, possessions, policy, and customer assistance.

Lightspeed vs. Naga: Summary

lightspeed-logo

Lightspeed is a globally operating online broker regulated by FINRA. They offer users access to 6,000 stocks, options, and futures. Their trading platforms ( LightSpeed Trader, LightSpeed Web & Mobile, and Sterling Trader Pro) offer advanced trading and charting tools including level 2 trading and dynamic charting, LiveVolX and Eze EMS.

Lightspeed offers low per-share and per-contract fees for high volume traders. The minimum deposit requirement at Lightspeed is $10,000 or $25,000.

Lightspeed’s customer support is available 24/7 through email, live chat, and phone in English language.

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.

Pros

  • Great choice of different trading platforms
  • Wide range of stocks, options and features
  • Responsive customer support
  • Competitive pricing on higher volume

Cons

  • High minimum deposit requirement

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

Key features

  • Access to over 10,000 different stocks, ETFs, options, and futures
  • Trading fee discounts for active stock and ETF traders
  • Broad range of risk management tools and third-party software
  • Extensive education section with live webinars, trading courses, and and blog
  • Level 2 order book information and dynamic charting features
  • Fast order routing

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

Lightspeed vs. Naga 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
AVAtrade
Axi
Axiory
Ayrex
Binary.com
BinaryCent
Binomo
BlackBull Markets
Brokerpoint
Capex (Ex. CFD Global)
Capital.com
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
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

BROKER COMPARISON

lightspeed-logo
naga-logo

Overall rating

4,0/5

3,7/5

Overall rating

4,0/5

3,7/5

Trading Platform & Tools

3.8

4.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 6:1 30:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.1

3.5

See details
Withdrawal Fee $50 per transaction $5.00
Deposit Fee 0 0
Inactivity Fee $25 if no trading in previous year 0
Cost Per Trade $4.50 0
Cost Per Month Yes, depending the platform 0
Forex (EUR/USD) 0 1.7
Stocks & ETF $0.0045 per share $6 per trade
CFD (Gold) 0 45
Crypto 0 0
Options $0.60 per contract 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

3.9

4.6

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.0

2.8

See details
Minimum deposit (in UAE) $10,000.00 $250.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.1

2.8

See details
Shares 4 markets 375
ETF & Funds 4 markets 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 8 markets 0
Futures 9 markets 0
Bonds 0 0
Forex 0 49
CFD Indices & Funds 0 31
CFD Stocks 0 448
CFD Commodities 0 7
CFD Crypto 0 32
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

3.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.2

4.1

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

Customer Support

4.2

3.9

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

Winner

Lightspeed vs. Naga Comparison Conclusion

The results of our contrast of Lightspeed vs. Naga are wrapped up in the table below.

Broker:Best For:
LightspeedStocks, futures and options; High volume traders
NagaForex and CFDs; Social trading

Selecting the best option in between Lightspeed and Naga can be tough. Both on the internet brokers have resemblances yet differ pertaining to trading tools, platforms & apps, policy, deposit & withdrawals, and research and education. Choosing the most effective broker depends on individuals’ trading & investment goals, private choices, and experience degree.

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.