Naga vs. Skilling Comparison

This contrast overview helps customers that have a hard time to select between Naga and Skilling to discover the best online broker for their trading and financial investment demands. It examines the main features of the two brokers alongside to assist individuals contrast their service and make a notified decision.

To help individuals choose the appropriate broker in between Naga and Skilling to discover the best-suited platform, listed below is a checklist of broker’s pros and cons, complied with by a comparison of their major trading features, including trading platforms & tools, charges, mobile trading, deposit & withdrawal, assets, regulation, and client assistance.

Naga vs. Skilling: 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.

skilling-logo

Skilling is a multi-asset online broker headquartered in Cyprus. It is regulated by two tier-one regulators (the CySEC and FSA) and is therefore considered safe. Their users can trade on over 1,200 symbols, including forex, cryptocurrencies, shares, indices and commodities.

Skilling offers a proprietary platform (Trader) and a wide range of third-party plugins, including cTrader and MetaTrader 4. Skilling’s trading fees are average compared to similar brokers in the industry.

They charge a 0.1% taker fee on cryptocurrencies and spreads of 0.7 pips on EUR/USD. Skilling charges currency conversion and inactivity fees of 10 EUR/month after 12 months of account inactivity. Users have one free withdrawal per month.

Skilling’s customer service is available through a contact form, live chat, and phone (+44 208 080 6555). Additionally, users can find helpful information in the broker’s Help Centre

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 ($100)
  • 0% Commissions on global stocks CFDs
  • Wide range of trading platforms (proprietary, cTrader, and MetaTrader 4)
  • Social Copy Trading platform availability
  • Cryptocurrency trading and investing opportunities

Cons

  • Max. leverage on cryptocurrency only 1:2
  • High spreads on standard and non-professional accounts
  • Lacks educational and research material

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

  • 1,200+ financial instruments across 7 asset classes
  • Multiple trading platforms
  • Commission-free stock CFD trading
  • Set-and-forget copy trading services
  • A broad range of payment methods
  • Cryptocurrency trading and investing

Naga vs. Skilling Comparison

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BROKER COMPARISON

naga-logo
skilling-logo

Overall rating

3,7/5

3,9/5

Overall rating

3,7/5

3,9/5

Trading Platform & Tools

4.5

4.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 30:1 1000:1
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

3.8

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 0.7
Stocks & ETF $6 per trade 0
CFD (Gold) 45 4.5
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

4.0

See details
Minimum deposit (in UAE) $250.00 $100.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.8

2.8

See details
Shares 375 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex 49 73
CFD Indices & Funds 31 18
CFD Stocks 448 760
CFD Commodities 7 6
CFD Crypto 32 50
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

3.0

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

Customer Support

3.9

4.0

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

Winner

Naga vs. Skilling Comparison Conclusion

The outcomes of our comparison of Naga vs. Skilling are wrapped up in the table below.

Broker:Best For:
NagaForex and CFDs; Social trading
SkillingForex, CFD & Copy Trading

Choosing the ideal selection in between Naga and Skilling can be hard. Both on-line brokers have similarities yet vary pertaining to trading instruments, systems & applications, law, deposit & withdrawals, and study and education. Selecting the most effective broker depends upon users’ trading & financial investment goals, specific preferences, 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.

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