Updated September 29, 2026 · BrokerCue Editorial Team
Bitpanda vs NAGA
What sets them apart
| Compare |  Bitpanda |  NAGA |
|---|---|---|
| Minimum deposit | €1Lower | €50 |
| Stock trade fee | €1Lower | €3 |
| Markets | Stocks, ETFs, Crypto, Metals | Stocks, ETFs, Forex, CFDs, Futures, Crypto |
| Regulators | FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA), Federal Financial Supervisory Authority (BaFin), Malta Financial Services Authority (MFSA), AT FMA | Cyprus Securities and Exchange Commission |
| Deposit and withdrawal fees | Free deposits | No withdrawal fee |
| Retail accounts that lose money | Not confirmed | 70.45% |
| Platforms | Not confirmed | iOS, Android, Web, MetaTrader 5 |
| Interest on cash | Not confirmed | 2.4% |
Same on both: Investor protection (EU ICS up to EUR 20,000).
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Key differences
- Bitpanda scores higher overall: 9.3 vs 8.7.
- Regulators: only Bitpanda offers FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA).
- Regulators: only NAGA offers Cyprus Securities and Exchange Commission.
- Bitpanda is licensed in 2 more countries.
- Minimum deposit is lower at Bitpanda: €1 vs €50.
- Stock trade fee is lower at Bitpanda: €1 vs €3.
- Markets: only Bitpanda offers Metals.
- Markets: only NAGA offers Forex, CFDs, Futures.
- Features: only Bitpanda offers Fractional shares, Demo account.
- Features: only NAGA offers Copy trading.
Our verdict on each
Bitpanda
Bitpanda suits retail investors in Europe who want one app for shares, ETFs, crypto and metals, starting from a minimum deposit of €1. Regulated in Austria, Germany and Malta, it charges €1 for a stock trade, a per-trade cost active traders will notice.
NAGA
NAGA suits mobile copy traders who want stocks, ETFs, forex, CFDs, futures and crypto alongside social features in the same app. Opening starts at €50, while stock trades carry €3, so active share buyers should weigh costs against broader choice.
Score breakdown
| Area | Bitpanda | NAGA |
|---|---|---|
| Cost | 8.9HigherA minimum deposit of €1 and stock trade fees of €1, with free deposits, sit well against the site medians. | 8.5Stock trades cost €3; withdrawals show No withdrawal fee. |
| Offer | 8.7 | 9.1HigherCoverage spans stocks, ETFs and forex via iOS, Android and Web for desktop plus mobile. |
| Trust | 10.0Higher | 8.5Cover sits at EU ICS up to EUR 20,000 under Cyprus oversight. |
What each covers
| Markets | Bitpanda | NAGA |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | No | Yes |
| CFDs | No | Yes |
| Futures | No | Yes |
| Crypto | Yes | Yes |
| Metals | Yes | No |
How they place
| Ranking | Bitpanda | NAGA |
|---|---|---|
| Stock and ETF brokers | 11 of 490 | 4 of 490 |
Where each is licensed and available
| Country | Bitpanda | NAGA |
|---|---|---|
| Austria | Austrian Financial Market Authority (FMA) MiCA CASP 5493007WZ7IFULIL8G21 AT_FMA PSD_EMI AT_FMA_54966 | Not confirmed |
| Cyprus | Not confirmed | |
| Germany | Federal Financial Supervisory Authority (BaFin) MiCA CASP 9845005X9B7N610K0093 | Not confirmed |
| Malta | Malta Financial Services Authority (MFSA) MiCA CASP 984500DEID7B03J77118 | Not confirmed |
What we checked
Bitpanda
- bitpanda.com: 8 facts, checked September 26, 2026
- esma.europa.eu: 2 facts, checked September 26, 2026
NAGA
- naga.com: 5 facts, checked September 28, 2026
- nagamarkets.zendesk.com: 5 facts, checked September 28, 2026
Every fact side by side
| Fact | Bitpanda | NAGA |
|---|---|---|
| Features | Crypto, Fractional shares, Mobile app, Demo account | Crypto, Copy trading, Mobile app |
| Legal entity | Bitpanda GmbH | Not confirmed |
| Headquarters | Austria | Not confirmed |
| Support channels | Help centre | Not confirmed |
Where each stands against the rest
| Fact | Bitpanda | NAGA | Median |
|---|---|---|---|
| Minimum deposit | €1at the median | €50highest quarter | €1 |
| Stock trade fee | €1at the median | €3above the median | €1 |
| Retail accounts that lose money | Not confirmed | 70.45%above the median | 70.375% |
| Interest on cash | Not confirmed | 2.4%below the median | 3% |
Median across 38 listed brokers.
Pros and cons
Bitpanda
Pros
- The minimum deposit is €1, low against the site median of €4.64
- A stock trade costs €1 and deposits are free
- Regulated by the FMA, BaFin and the MFSA, with investor protection stated as EU ICS up to EUR 20,000
Cons
- Stock trade fees of €1 are higher than a commission-free model, where eToro charges $0
- Support runs on help centre only
- A flat stock trade fee of €1 does not suit frequent small trades
NAGA
Pros
- Access stocks, ETFs and forex under a single login, covering shares through crypto for varied strategies.
- Trade via iOS, Android and Web, with MetaTrader 5 plus mobile apps for flexible order management.
- Withdrawals show No withdrawal fee, helped by No withdrawal fee for cost clarity.
Cons
- Stock trade fee sits at €3, which can weigh on frequent share buyers versus lower fee rivals.
- Support runs on help centre only, so help stays inside help centre without live chat or phone.
- Entry starts at €50, above ActivTrades at $0 for very small starters.
Who each suits
Bitpanda
Who it suits
- Beginners building a first portfolio in euro amounts
- Investors who want shares and crypto in one app
- Retail investors who value a low deposit of €1
Who should look elsewhere
- Active traders, since eToro charges $0 on a stock trade
- Anyone wanting phone or live chat help, as support runs on help centre
- Anyone wanting to start without funding, since CFI asks for a minimum deposit of $0 against €1 here
NAGA
Who it suits
- Social traders who follow others and want futures plus crypto alongside shares may prefer NAGA over eToro.
- Mobile led investors starting at €50 who accept €3 may prefer NAGA over ActivTrades.
Who should look elsewhere
- Cost sensitive share buyers who want lower ticket fees than €3 may prefer XTB.
- Traders wanting phone or live chat beyond help centre may prefer ActivTrades.
Country by country
| Country | Bitpanda | NAGA |
|---|---|---|
| Austria | No | Yes |
| Belgium | No | Yes |
| Bulgaria | No | Yes |
| Croatia | No | Yes |
| Cyprus | No | Yes |
| Czechia | No | Yes |
| Denmark | No | Yes |
| Estonia | No | Yes |
8 of 30 countries where either is available.
Questions about each
Bitpanda
What is the minimum deposit at Bitpanda?+
The minimum deposit is €1, below the site median of €4.64, and Bitpanda ranks at 75 of 213 brands on that measure. Money can also be added at no charge, since deposits are free.
How much does it cost to trade shares?+
A stock trade costs €1. That sits above a commission-free model, where eToro charges $0, and Bitpanda ranks at 116 of 161 brands on stock trade fees, so the cost per order is the figure to weigh.
NAGA
What does NAGA charge for stock trades and withdrawals?+
Stock orders carry €3 per trade, and funding shows No withdrawal fee for withdrawals. Share buyers who trade often should compare that ticket charge with rivals before committing, as frequent dealing lifts total cost over time.
What is the minimum deposit to open a NAGA account?+
Trading can start at €50, which keeps entry modest for newcomers testing markets. Withdrawals show No withdrawal fee, so moving funds out does not add a separate withdrawal charge under current terms.
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