Bitfinex
NAGA
VS
Higher Rated
NAGA
Capital at risk · T&Cs apply
In the rapidly evolving world of online trading, Bitfinex and NAGA stand out with distinct offerings tailored to different types of traders. Bitfinex, based in Hong Kong and regulated by the FSA, is geared towards experienced cryptocurrency traders seeking deep liquidity and advanced trading options, although its high minimum deposit and complex interface may deter beginners. In contrast, NAGA, headquartered in Hamburg and regulated by CySEC, appeals to a broader audience, including those interested in social and copy trading, with a more accessible minimum deposit and a diverse range of markets beyond crypto. While Bitfinex is ideal for those focused on high-volume crypto trading, NAGA provides a comprehensive multi-asset trading experience with a social trading edge.
Bitfinex
NAGA
| Bitfinex | NAGA | |
|---|---|---|
| BrokerRank Score | 2.9/5 | 3.5/5 ✓ |
| Min. Deposit | $10000 ✓ | $250 |
| Spread from | 0.1 pips ✓ | 0.7 pips |
| Max Leverage | 1:10 | 1:500 ✓ |
| Regulation | FSA | CySEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
NAGA is the better choice overall, scoring 3.5/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Bitfinex offers lower spreads (0.1 pips).
See full side-by-side comparison belowBitfinex
NAGA
WinnerBitfinex
NAGA
Bitfinex
2.9/5
Choose Bitfinex if you want…
NAGA
3.5/5
Choose NAGA if you want…
NAGA scores higher overall on our independent rating system. Bitfinex holds a 2.9/5 rating vs NAGA's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Bitfinex offers spreads from 0.1 pips, while NAGA starts at 0.7 pips. Check the fees section above for a full breakdown.
Bitfinex requires a minimum deposit of $10000. NAGA requires $250.
Bitfinex is regulated by FSA, while NAGA holds licences from CySEC.
Bitfinex supports Proprietary Web, Proprietary Mobile. NAGA supports Proprietary Web, Proprietary Mobile, MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.