Updated September 29, 2026 · BrokerCue Editorial Team
Libertex vs NAGA
Where Libertex and NAGA differ
| Compare | Libertex ReviewSee alternativesSee alternatives |  NAGA |
|---|---|---|
| Minimum deposit | €100 | €50Lower |
| Stock trade fee | €0Lower | €3 |
| Markets | Stocks, ETFs, Forex, CFDs, Options, Crypto, Bonds, Metals | Stocks, ETFs, Forex, CFDs, Futures, Crypto |
| Regulators | Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission |
| Retail accounts that lose money | 83% | 70.45% |
| Deposit and withdrawal fees | Withdrawal fees depend on payment method | No withdrawal fee |
| Platforms | Libertex, MetaTrader 4, MetaTrader 5 | iOS, Android, Web, MetaTrader 5 |
| Inactivity fee | $5 | Not confirmed |
| Maximum retail leverage | 1:30 | Not confirmed |
| 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
- Libertex scores higher overall: 9.1 vs 8.7.
- Regulators: only Libertex offers Cyprus Securities and Exchange Commission (CySEC).
- Regulators: only NAGA offers Cyprus Securities and Exchange Commission.
- Minimum deposit is lower at NAGA: €50 vs €100.
- Stock trade fee is lower at Libertex: €0 vs €3.
- Markets: only Libertex offers Options, Bonds, Metals.
- Markets: only NAGA offers Futures.
- Platforms: only Libertex offers Libertex, MetaTrader 4.
- Platforms: only NAGA offers iOS, Android, Web.
- Features: only Libertex offers Demo account.
Our verdict on each
Libertex
Libertex suits EU traders who want forex, CFDs, options, crypto and share dealing under a single Cyprus Securities and Exchange Commission licence. Stock trades cost €0 on a commission free pricing model, and client protection is stated as EU ICS up to EUR 20,000.
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 | Libertex | NAGA |
|---|---|---|
| Cost | 8.9HigherStock trade fee ranks 1 of 161, while the minimum deposit of €100 is high for a first payment. | 8.5Stock trades cost €3; withdrawals show No withdrawal fee. |
| Offer | 9.6Higher | 9.1Coverage spans stocks, ETFs and forex via iOS, Android and Web for desktop plus mobile. |
| Trust | 9.0Higher | 8.5Cover sits at EU ICS up to EUR 20,000 under Cyprus oversight. |
Licences and countries
| Country | Libertex | NAGA |
|---|---|---|
| Cyprus |
Pick Libertex if, pick NAGA if
Pick Libertex if cost, offer, trust, and stock trade fee matter most.
Pick NAGA if minimum deposit matter most.
How they place
| Ranking | Libertex | NAGA |
|---|---|---|
| Stock and ETF brokers | 117 of 471 | 4 of 471 |
| Forex brokers | 51 of 147 | 3 of 147 |
| Low-spread forex brokers | 49 of 145 | 3 of 145 |
| CFD brokers | 41 of 122 | 3 of 122 |
Where these facts come from
Libertex
- libertex.com: 4 facts, checked September 26, 2026
- app.libertex.com: 2 facts, checked September 26, 2026
- brokers-exchange.com: 2 facts, checked September 26, 2026
- trusted-broker-reviews.com: 2 facts, checked September 26, 2026
- wecomparebrokers.com: 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 | Libertex | NAGA |
|---|---|---|
| Features | Crypto, Mobile app, Demo account | Crypto, Copy trading, Mobile app |
| Pricing model | Commission free | Not confirmed |
| Legal entity | Indication Investments Ltd | Not confirmed |
| Headquarters | Cyprus | Not confirmed |
| Founded | 1997 | Not confirmed |
| Support channels | Email, Chat, Phone | Not confirmed |
Where each stands against the rest
| Fact | Libertex | NAGA | Median |
|---|---|---|---|
| Minimum deposit | €100highest quarter | €50above the median | €1 |
| Stock trade fee | €0below the median | €3above the median | €1 |
| Inactivity fee | $5above the median | Not confirmed | $0 |
| Retail accounts that lose money | 83%highest quarter | 70.45%below the median | 72.05% |
| Interest on cash | Not confirmed | 2.4%below the median | 3% |
Median across 47 listed brokers.
Pros and cons
Libertex
Pros
- Stock trades cost €0 under a commission free pricing model
- Markets span stocks, etfs and forex under one regulated entity
- Retail leverage of 1:30 is available for EU clients
Cons
- The minimum deposit of €100 is high next to the brands compared here
- An inactivity fee of $5 applies to dormant accounts
- Retail accounts that lose money run at 83%
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
Libertex
Who it suits
- Traders who want forex, CFDs, options, crypto and shares in a single account
- MetaTrader users who prefer a familiar charting platform
- EU clients who value CySEC oversight and Investor Compensation Scheme cover
Who should look elsewhere
- CFD traders who want a lower entry point, since CFI opens accounts from $0 against €100 here
- Savers who leave balances untouched, because an inactivity fee of $5 applies
- Anyone who needs no cap on retail leverage, since retail leverage stops at 1:30
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 | Libertex | 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
Libertex
What does it cost to trade stocks at Libertex?+
Stock trades are charged at €0 and the pricing model is commission free, so no separate dealing commission is added on top. Withdrawal costs also matter, since Withdrawal fees depend on payment method and the method you choose sets the amount.
What is the minimum deposit to open an account?+
The minimum deposit is €100, which sits above what most of the field asks for a first payment. CFI opens accounts from $0 and Vantage from $5, so anyone starting with a smaller sum is better served elsewhere.
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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