Are you confused about whether to choose BUX Zero vs NAGA as a broker for your investing needs?
In this side-by-side comparison, we analyse BUX Zero vs NAGA to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.
Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!
BUX Zero vs NAGA: In a Nutshell
Low commissions on stocks, ETFs and crypto trading
BUX Zero is an online broker offering commission-free stocks and ETF trading. New users will receive one free share worth up to €200.
The BUX Zero app has positioned itself as an affordable way for Europeans to increase their savings. It brings a simple and elegant way to start investing.
Currently, it is only available for investors from Austria, Belgium, France, Germany, Ireland, Italy, Netherlands and Spain.
Social trading only
NAGA is a German fintech created to give you easy access to the investment world. Their motto is simple: “financial inclusion for everyone”.
It offers social trading, a multi-currency account, a demo account, and several ways to deposit and withdraw your money.
On the downside, their ETF offering is not clear (real ETFs are mixed with CFDs on ETFs), and it doesn’t offer commission-free real stock trading.
Pros and Cons
BUX Zero
Pros
- Low commissions on stock, ETF and crypto trading
- Offers one Free Share of up to 200€ upon deposit
- Fractional investing
- Modern and user-friendly mobile app
- No inactivity, custody, deposit or withdrawal fee
- No minimum required deposit
Cons
- Zero order execution delay
- No demo account
- Limited financial products
- Only available in eight countries
NAGA
Pros
- Social trading feature (Automatically copy or follow other people’s trade)
- Wide range of financial products
- Multi-currency accounts: USD, EUR, GBP, PLN, UST, and NGC (NAGA coin)
- No currency conversion fee
- Modern and user-friendly Web and Mobile interfaces
- NAGA Mastercard
- NAGA Group AG is publicly listed company (ISIN: DE000A161NR7)
- Demo account
Cons
- No commission-free stock trading
- The “top-performing traders” may be disguised as “temporarily lucky”
- Offers primarily CFDs, which are high-risk instruments with no asset ownership
- Up to $5 in withdrawal fees
- No clear distinction between real ETFs and CFD ETFs
- Poor distinction between “NAGA Markets Europe Ltd” And “NAGA Global Ltd”
BUX Zero vs NAGA: Side-by-side Comparison
- General Information
- Founded in
- Demo Account
- Account Minimum
- Interest on unninvested cash (annually)
- Products
- Stocks
- ETFs
- Bonds
- Funds
- Options
- Futures
- CFDs
- Leverage Products
- Forex
- Cryptocurrencies
- Commodities
- Fees
- US stocks
- EU stocks
- ETFs
- Cryptocurrencies
- Custody Fee
- Inactivity Fee
- Withdrawal Fee
- Connectivity Fee
- Currency Conversion Fee
- Security
- Regulators
- Investor Compensation Scheme(per person, per institution)
Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.
