When trading live financial markets with Naga traders must have a clear understanding of all Naga commissions and fees. Commissions and fees are not standard across all trading platforms like Naga; rather, Naga fees may differ from other brokerage companies.
Naga allows traders to trade over 950 financial instruments including Forex, Commodities, Indices, Stocks, Cryptocurrency, CFDs. Naga does not change an inactivity fee for dormant non trading accounts. Naga does not change an withdrawal fees from verified Naga accounts. There are no Naga deposit fees charged by Naga. Your 3rd party deposit method may charge a currency conversion fee if the base currency of your Naga account is different from your trading account base currency. Naga does not charge account fees for standard Naga trading accounts.
If you want to engage in trading on the Naga trading platform, you will first need to fund your Naga live trading account. You can choose from a variety of deposit methods to send money into your Naga account including Bank Wire transfer, Debit cards, Visa, MasterCard, Boleto, China UnionPay, iDeal, GiroPay, EPS, P24, Trustly, . You won't have to pay anything to sign up to Naga because registration and demo accounts on Naga are completely free, but you will need to put money into your live Naga account before you can use the Naga platform to place buy and sell orders on live financial markets.
Joining Naga is completely free, and new users automatically get a Naga demo account with a $100,000 virtual currency balance. The Naga trading platform imposes a variety of Naga spreads and fees, depending on the type of financial instrument traded on Naga or withdrawal methods requested on Naga.
Naga has no management fees. When buying or selling Forex, Commodities, Indices, Stocks, Cryptocurrency, CFDs on Naga levies straightforward, and completely transparent fees listed on the Naga website.
A wide variety of different financial services companies like Naga all charge brokerage fees. Naga fees are charged to their customers in order to maintain Naga customer accounts. Naga fees for brokerage services are typically calculated as either a flat rate or a percentage of the total amount that is currently held in a Naga customer's account. These Naga fees might also cover situations in which an Naga account becomes inactive, also known as a dormant Naga. Naga does not change an inactivity fee for dormant non trading accounts.
Naga and other brokers charge commissions on some traded financial instruments to have Naga orders to sell or buy financial securities on global markets executed on their behalf by Naga. It is important to check with your Naga bin order to determine the Naga commission charges that will apply to your Naga investment before you make it.
It is not necessary to pay any Naga fees or incur any costs in order to make a Naga deposit or transfer money into an Naga account. It is best to inquire with your 3rd party payment service provider beforehand about any fees associated with Naga transfers, as some of them may charge for the moving money to Naga or converting currency that goes to and from a live Naga trading account.
For example if your Naga account base currency is USD and your funding method is EUR or GBP, you will be subject to a currency conversion fee from your Naga deposit method used.
Naga supports the Forex, Commodities, Indices, Stocks, Cryptocurrency, CFDs withdrawal methods. Available Naga deposit methods may differ depending on your country of residence.
When you purchase anything on Naga, including Forex, Commodities, Indices, Stocks, Cryptocurrency, CFDs or any other assets, you will be subject to Naga spread fees. They are accounted for in the total purchase price that is displayed to you in Naga. Pips are used to measure prices for both Naga commodities and currencies. whereas percentages are used to describe stocks and various other assets on Naga.
Naga makes it simple to determine the cost of the Naga spread when trading virtually any instrument, including Forex, Commodities, Indices, Stocks, Cryptocurrency, CFDs. Naga, in contrast to the vast majority of other brokers, does not factor in the fractional pip when calculating Forex, Commodities, Indices, Stocks, Cryptocurrency, CFDs spreads. The difference between the Forex, Commodities, Indices, Stocks, Cryptocurrency, CFDs bid and the ask price fluctuates depending on the Naga financial instrument, asset class, and position.
On Naga, the ask rate is used whenever a position is long (BUY), but the bid rate is used whenever a Naga position is short (SELL). The terms "ask" and "bid" correspond to the Naga financial transactions known as "buy" and "sell," respectively.
Naga CFD positions that remain open overnight are subject to a nominal Naga charge that is proportional to the value of the Naga position. The cost of keeping Naga positions open over the weekend is referred to as the "Naga weekend fee." A Naga weekend fee is three times as much as an Naga overnight fee and serves essentially as an Naga interest payment to cover the cost of the Naga leverage that you use overnight.
Every Naga transaction has a $30 minimum withdrawal amount on Naga that can be made available to the Naga client. Any withdrawals made in a currency other than US dollars are subject to additional Naga fees to cover the cost of currency conversion. Since the US dollar is used for all deposits and withdrawals, any other currencies that are converted into dollars first need to be converted into US dollars when withdrawing from Naga.
Open CFD positions incur overnight fees each night, Monday through Friday, for the duration of their holding period. On Fridays, most stock, ETF, and index CFD traders are hit with a threefold increase in their weekend fee.
Naga management fees are calculated as a percentage of the assets that are managed in each fund, which is referred to as the AUM. There are no management fees charged for any trades that are executed through the Naga platform, including the purchase and sale of Forex, Commodities, Indices, Stocks, Cryptocurrency, CFDs on Naga.
If you hold a position in a Naga CFD overnight, you are subject to a small payment with Naga known as an overnight fee, which is also known as a Naga rollover fee. These Naga charges are a direct result of the supply and demand dynamics that are influencing the financial markets.
When you buy a Naga stock or an option, you will be subject to a Naga fee known as a stock trading fee or a trade commission on Naga. This Naga fee is calculated on a per-share or per-trade basis. A number of brokers like Naga charge additional fees, the most common of which are annual fees, research subscription fees, and other fees. However, as a result of competition driving down the cost of trading, the brokers like Naga have done away with these additional fees.
Lending money to Naga margin traders and earning interest on Naga customer deposits are the two primary ways that zero commission brokers generate revenue. Some Naga critics say that this is is a strategy to entice Naga customers into paying for additional services that they don't need, when trading with Naga.
Naga have made trading certain financial instruments like stocks more accessible using zero commission trades.
Naga will charge you fees when you open or close a position. Some Naga financial instruments do not offer zero commission trading for example that are leveraged or shorted, and additional Naga fees may still be applicable in some cases.
The fees are deducted from your Naga available balance and vary depending on the value of your Naga position as well as the direction (BUY or SELL) that it is moving in.
Traders are able to move cryptocurrency holdings from the Naga trading platform to their own personal Naga crypto Wallet. A transfer flat fee is applicable, regardless of the digital cryptocurrency being used as the currency on Naga. In certain circumstances, you might be eligible for an overnight refund, which indicates that the amount is credited to your Naga account rather than being subtracted from it.
Naga Leverage can be thought of as a high risk short-term loan that is provided to the trader by the Naga broker. This loan enables the Naga trader to open a Naga trade with a larger size despite having invested a smaller amount of capital with Naga. The use of Naga leverage is represented by a multiplier that indicates the extent to which the value of a position has increased in comparison to the initial sum invested with Naga. Naga traders should be careful when using leveraged trades. Although a leveraged Naga trade may have potentially huge gain in proportion to the amount deposited to Naga, the potential for loss is equally as great using Naga leverage. Naga leverage can go as high as 2:1 to 30:1. If you have a leverage ratio of 2:1, that indicates that you may borrow twice as much money from your Naga as the value of your investment. Naga leverage is often used with Naga CFD trading, which speculates on up or down price movement of financial instruments on Naga without owning any real underlying assets.
The abbreviation for "London Interbank Offered Rate" is "LIBOR." When determining the Naga overnight fees for stocks, Naga makes use of the US Dollar LIBOR rate for one month. The London Interbank Offered Rate (LIBOR) publishes 35 different rates every day; these rates range from overnight to 12 months and are based on five different currencies. Naga traders must keep an eye on LIBOR rates when understanding any potential Naga fees that may be applied.
Naga Rollover fees, also known as Naga weekend and overnight fees, are subject to periodic adjustments by Naga based on the conditions of the global market. Please be aware that any changes to Naga fees will always apply to positions that are currently open. Check out the Naga fees page will allow you to stay informed about the most recent Naga rollover fees and refunds.
The current state of the international financial markets may cause these Naga fees to be adjusted, and such adjustments may take effect with or without prior notification on the Naga trading platform. If you want to know the most up-to-date prices, it is best to check out the Naga fees page.
Naga Overnight fees (per night): The Naga fees price in US dollars is determined by multiplying the Naga fee by the number of units that were sold on Naga and basing it on a three-night-a-week, 24-hour rate.
If you haven't logged into your Naga account in a while, your Naga account is considered inactive. If you want to avoid being charged for Naga inactivity fees after a longer period of time, you need to be strategic about the Naga trading activity you engage in.
Naga Accounts that have been dormant for a year or more are subject to an inactivity on some trading platforms like Naga, which is deducted from the account on a monthly basis. This will result in the Naga remaining balance on the aforementioned Naga account being reduced by this amount.
Clearing is the process that ensures the settlement of Naga financial deals, which entails the accurate and timely transfer of monies to the Naga seller and the acquisition of securities by the Naga buyer. It is most frequently connected with the trading of Naga futures and encompasses all activities beginning with the making of a commitment and ending with the settlement of Naga transactions. Naga customers who use their Naga platform for trading and making profits do not have to pay any clearance fees because the Naga trading platform does not do so.
Before entering any Naga trade, it is important to first compute the risk-to-reward ratio for that Naga trade and then take that into consideration.
The Naga commissions charged for trading are continually being lowered. Think about putting your money to work with a broker like Naga that will let you buy and sell stocks and exchange-traded funds without charging you excessive Naga commissions or other fees. Because some companies like Naga require a low minimum deposit, you can open an Naga account with a low Naga balance initially without incurring any additional Naga fees. Investigate the Naga fee structure they use for their other investment vehicles to determine whether or not Naga fees are competitive.
Naga Fixed Spreads: Yes
Naga Variable Spreads: Yes
Naga Inactivity Fees: No
Naga Zero Spread Accounts: No
Naga Withdrawal Fees: varies
π€΄ Naga is Used By: 650,000
β‘ Naga is Regulated by: Cyprus Securities and Exchange Commission (CySEC) under licence No. 204/13, Financial Conduct Authority (FCA) no. 609499, The Federal Financial Supervisory Authority (BaFin) reg. 135203, Commissione Nazionale per le SocietΒ e la Borsa (Consob) reg 3844, Comision Nacional del Mercado de Valores (CNMV) reg 3591
π΅ What You Can Trade with Naga: Forex, Commodities, Indices, Stocks, Cryptocurrency, CFDs
π΅ Instruments Available with Naga: 950
π Naga Inactivity Fees: No
π° Naga Withdrawal Fees: varies
π° Naga Payment Methods: Bank Wire transfer, Debit cards, Visa, MasterCard, Boleto, China UnionPay, iDeal, GiroPay, EPS, P24, Trustly,
π° Naga Account Base Currencies: USD
Naga Risk warning : Your capital is at risk
IC Markets Fixed Spreads: No
IC Markets Variable Spreads: Yes
IC Markets Inactivity Fees: No
IC Markets Zero Spread Accounts: Yes
IC Markets Withdrawal Fees: No
π€΄ IC Markets is Used By: 180,000
β‘ IC Markets is Regulated by: Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
π΅ What You Can Trade with IC Markets: Forex, Majors, Energies, Metals, Agriculturals,
π΅ Instruments Available with IC Markets: 232
π IC Markets Inactivity Fees: No
π° IC Markets Withdrawal Fees: No
π° IC Markets Payment Methods: Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,
π° IC Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD
IC Markets Risk warning : Losses can exceed deposits
Roboforex Fixed Spreads: Yes
Roboforex Variable Spreads: Yes
Roboforex Inactivity Fees: No
Roboforex Zero Spread Accounts: Yes
Roboforex Withdrawal Fees: Yes
π€΄ Roboforex is Used By: 10,000
β‘ Roboforex is Regulated by: RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272
π΅ What You Can Trade with Roboforex: Forex, Minors, Majors, Exotics, Indices, Metals,
π΅ Instruments Available with Roboforex: 100
π Roboforex Inactivity Fees: No
π° Roboforex Withdrawal Fees: Yes
π° Roboforex Payment Methods: Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
π° Roboforex Account Base Currencies: USD, EUR, XAU
Roboforex Risk warning : Losses can exceed deposits
AvaTrade Fixed Spreads: Yes
AvaTrade Variable Spreads: Yes
AvaTrade Inactivity Fees: No
AvaTrade Zero Spread Accounts: No
AvaTrade Withdrawal Fees: No
π€΄ AvaTrade is Used By: 200,000
β‘ AvaTrade is Regulated by: Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)
π΅ What You Can Trade with AvaTrade: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds,
π΅ Instruments Available with AvaTrade: 1000
π AvaTrade Inactivity Fees: No
π° AvaTrade Withdrawal Fees: No
π° AvaTrade Payment Methods: Credit cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, WebMoney, Payoneer,
π° AvaTrade Account Base Currencies: USD, GBP, EUR, JPY, AUD
AvaTrade Risk warning : 71% of retail CFD accounts lose money
FP Markets Fixed Spreads: No
FP Markets Variable Spreads: Yes
FP Markets Inactivity Fees: No
FP Markets Zero Spread Accounts: Yes
FP Markets Withdrawal Fees: No
π€΄ FP Markets is Used By: 10,000
β‘ FP Markets is Regulated by: Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Financial Services Authority (St. Vincent and the Grenadines)
π΅ What You Can Trade with FP Markets: Forex, Minors, Majors, Exotics, Indices, Metals,
π΅ Instruments Available with FP Markets: 100
π FP Markets Inactivity Fees: No
π° FP Markets Withdrawal Fees: No
π° FP Markets Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, BPAY, POLi, PayPal, Neteller, Skrill, PayTrust, NganLuong VN, Fasapay, Broker to Broker, OnlinePay China, Directa24, Klarna, PayTrust88, Payoneer,
π° FP Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD
FP Markets Risk warning : Losses can exceed deposits
NordFX Fixed Spreads: Yes
NordFX Variable Spreads: No
NordFX Inactivity Fees: No
NordFX Zero Spread Accounts: Yes
NordFX Withdrawal Fees: No
π€΄ NordFX is Used By: 10,000
β‘ NordFX is Regulated by: Cyprus Securities and Exchange Commission (CySEC), License No: 209/13
π΅ What You Can Trade with NordFX: Forex, Majors, Metals,
π΅ Instruments Available with NordFX: 50
π NordFX Inactivity Fees: No
π° NordFX Withdrawal Fees: No
π° NordFX Payment Methods: Bank Transfer, Neteller, PerfectMoney, WebMoney, FasaPay, CashU, Payza, QIWI,
π° NordFX Account Base Currencies: USD, EUR
NordFX Risk warning : Losses can exceed deposits
XTB Fixed Spreads: No
XTB Variable Spreads: Yes
XTB Inactivity Fees: Yes
XTB Zero Spread Accounts: No
XTB Withdrawal Fees: No
π€΄ XTB is Used By: 250,000
β‘ XTB is Regulated by: Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comision Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
π΅ What You Can Trade with XTB: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Agriculturals, ETFs,
π΅ Instruments Available with XTB: 4000
π XTB Inactivity Fees: Yes
π° XTB Withdrawal Fees: No
π° XTB Payment Methods: Credit cards, MasterCard, Maestro, Visa, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, Skrill, Poli, Paysafe, Payoneer,
π° XTB Account Base Currencies: USD, GBP, EUR
XTB Risk warning : 76% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pepperstone Fixed Spreads: No
Pepperstone Variable Spreads: Yes
Pepperstone Inactivity Fees: Yes
Pepperstone Zero Spread Accounts: No
Pepperstone Withdrawal Fees: No
π€΄ Pepperstone is Used By: 89,000
β‘ Pepperstone is Regulated by: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
π΅ What You Can Trade with Pepperstone: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,
π΅ Instruments Available with Pepperstone: 100
π Pepperstone Inactivity Fees: Yes
π° Pepperstone Withdrawal Fees: No
π° Pepperstone Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, FasaPay, QIWI, Payoneer,
π° Pepperstone Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, HKD
Pepperstone Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
XM Fixed Spreads: No
XM Variable Spreads: Yes
XM Inactivity Fees: Yes
XM Zero Spread Accounts: Yes
XM Withdrawal Fees: No
π€΄ XM is Used By: 10,000,000
β‘ XM is Regulated by: Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
π΅ What You Can Trade with XM: Forex, Stock CFDs, Commodity CFDs, Minors, Majors, Exotics, Equity Indices CFD, Energies CFD, Precious Metals
π΅ Instruments Available with XM: 1000
π XM Inactivity Fees: Yes
π° XM Withdrawal Fees: No
π° XM Payment Methods: Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Moneta, ABAQOOS, PRZELEWY24, Neteller, PerfectMoney, WebMoney, UnionPay, FasaPay, CashU, Payza, QIWI, SOFORT, Giropay, Payoneer, Skrill,
π° XM Account Base Currencies:
XM Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor
accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford
to take the high risk of losing your money.
eToro Fixed Spreads: No
eToro Variable Spreads: Yes
eToro Inactivity Fees: Yes
eToro Zero Spread Accounts: No
eToro Withdrawal Fees: Yes
π€΄ eToro is Used By: 20,000,000
β‘ eToro is Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
π΅ What You Can Trade with eToro: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs,
π΅ Instruments Available with eToro: 2000
π eToro Inactivity Fees: Yes
π° eToro Withdrawal Fees: Yes
π° eToro Payment Methods: Credit cards, VISA, MasterCard, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, Giropay, eWallets,
π° eToro Account Base Currencies: USD
eToro Risk warning : 51% of retail investor accounts lose money when trading CFDs with this provider.
FXPrimus Fixed Spreads: No
FXPrimus Variable Spreads: Yes
FXPrimus Inactivity Fees: No
FXPrimus Zero Spread Accounts: No
FXPrimus Withdrawal Fees: Varies
π€΄ FXPrimus is Used By: 10,000
β‘ FXPrimus is Regulated by: Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Vanuatu Financial Services Commission (VFSC)
π΅ What You Can Trade with FXPrimus: Forex, Minors, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals,
π΅ Instruments Available with FXPrimus: 130
π FXPrimus Inactivity Fees: No
π° FXPrimus Withdrawal Fees: Varies
π° FXPrimus Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Payoneer, SafeCharge, TrustPay, EmerchantPay, Bitcoin, UnionPay, FasaPay, Giropay,
π° FXPrimus Account Base Currencies: USD, GBP, EUR, SGD, PLN
FXPrimus Risk warning : Losses can exceed deposits
easyMarkets Fixed Spreads: Yes
easyMarkets Variable Spreads: No
easyMarkets Inactivity Fees: No
easyMarkets Zero Spread Accounts: No
easyMarkets Withdrawal Fees: No
π€΄ easyMarkets is Used By: 142,500
β‘ easyMarkets is Regulated by: Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
π΅ What You Can Trade with easyMarkets: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Options,
π΅ Instruments Available with easyMarkets: 200
π easyMarkets Inactivity Fees: No
π° easyMarkets Withdrawal Fees: No
π° easyMarkets Payment Methods: Credit cards, MasterCard, Maestro, American Express, JCB, Astropay, Debit cards, Bank Transfer, SOFORT, GiroPay, iDeal, Bpay, Electronic wallets (eWallets), Skrill, Neteller, WebMoney, UnionPay, WeChatPay, FasaPay, STICPAY,
π° easyMarkets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, CNY, CZK, HKD, ILS, MXN, NOK, NZD, PLN, SEK, TRY, ZAR
easyMarkets Risk warning : Your capital is at risk
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