This comparison guide aids customers who have a hard time to select in between Naga and Swissquote to discover the very best online broker for their trading and financial investment needs. It analyzes the main features of both brokers side-by-side to assist customers contrast their solution and make an informed decision.
To assist customers pick the best broker in between Naga and Swissquote to find the best-suited system, below is a checklist of broker’s pros and cons, adhered to by a contrast of their primary trading functions, consisting of trading platforms & tools, costs, mobile trading, deposit & withdrawal, assets, policy, and client support.
Naga vs. Swissquote: Summary
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.
Swissquote is a low risk forex and CFD online broker, regulated by 4 top-tier financial regulators. It is a great choice for traders who are looking for high quality research, daily market updates, a great variety of tradable assets and account security on a Swiss bank.
Their Advance Trader proprietary trading platform suite is available as desktop, web and mobile version. Together with the MetaTrader platform suite, it delivers an excellent trading experience for traders and investors at all levels. Minimum deposit is $1000 and trading fees are above industry average. Swissquote operates a bank.
Choose Swissquote if you are looking to trade physical cryptos with a highly trusted online broker that also offers great banking services.
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
- Great choice of trading instruments offered
- Very good research and education
- Great For Mobile Trading
Cons
- Few deposit and withdrawal option
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
- Access to 3,000 + financial instruments
- Full MetaTrader Integration (MT4, MT5 and Advanced Trader)
- Wide range of advanced trading tools and features
- No inactivity fees
- Algorithmic trading availability
Naga vs. Swissquote Comparison
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Naga
Swissquote
84.5% of retail investor accounts lose money when trading CFDs with this provider.
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 30:1 | 1:400 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | $5.00 | $10 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 1.7 | 1.6 pips |
| Stocks & ETF | $6 per trade | $9 |
| CFD (Gold) | 45 | 5.37 pips |
| Crypto | 0 | 0.50% |
| Options | 0 | $1.49 per contract |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $250.00 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 375 | 60 |
| ETF & Funds | 0 | 9000 |
| Crypto | 0 | 26 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 6 |
| Futures | 0 | 6 |
| Bonds | 0 | 53000 |
| Forex Instruments | 49 | 80 |
| CFD Indices & Funds | 31 | 26 |
| CFD Stocks | 448 | 0 |
| CFD Commodities | 7 | 12 |
| CFD Crypto | 32 | 12 |
| CFD Bonds | 0 | 3 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Naga vs. Swissquote Comparison Conclusion
The outcomes of our comparison of Naga vs. Swissquote are wrapped up in the table listed below.
| Broker: | Best For: |
| Naga | Forex and CFDs; Social trading |
| Swissquote | Investors |
Picking the ideal selection between Naga and Swissquote can be challenging. Both on-line brokers have resemblances however differ regarding trading instruments, platforms & apps, regulation, deposit & withdrawals, and research study and education. Selecting the most effective broker depends upon customers’ trading & investment objectives, private 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.