Updated September 29, 2026 · BrokerCue Editorial Team
Darwinex vs NAGA
What sets them apart
| Compare |  Darwinex |  NAGA |
|---|---|---|
| Minimum deposit | $500 | €50 |
| Markets | Stocks, ETFs, Forex, CFDs, Futures | Stocks, ETFs, Forex, CFDs, Futures, CryptoCovers more |
| Regulators | FCA, CNMV | Cyprus Securities and Exchange Commission |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Deposit and withdrawal fees | 0.5% on Skrill deposits | No withdrawal fee |
| Platforms | MT4, MT5, TradingView | iOS, Android, Web, MetaTrader 5 |
| Stock trade fee | Not confirmed | €3 |
| Retail accounts that lose money | Not confirmed | 70.45% |
| Maximum retail leverage | 1:30 | Not confirmed |
| Interest on cash | Not confirmed | 2.4% |
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Key differences
- Darwinex scores higher overall: 8.9 vs 8.7.
- Regulators: only Darwinex offers FCA, CNMV.
- Regulators: only NAGA offers Cyprus Securities and Exchange Commission.
- Darwinex is licensed in 1 more country.
- Markets: only NAGA offers Crypto.
- Platforms: only Darwinex offers MT4, MT5, TradingView.
- Platforms: only NAGA offers iOS, Android, Web.
- Features: only Darwinex offers Demo account.
- Features: only NAGA offers Crypto.
Our verdict on each
Darwinex
Darwinex is a regulated broker built around copy trading, suited to traders in the UK and Spain who want to follow other accounts alongside placing their own orders. Few brokers here pair that with FSCS up to GBP 85,000 on UK balances.
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 | Darwinex | NAGA |
|---|---|---|
| Cost | 8.3A minimum deposit of $500 sits above the €4.64 typical here, and deposits can carry 0.5% on Skrill deposits. | 8.5HigherStock trades cost €3; withdrawals show No withdrawal fee. |
| Offer | 9.4Higher | 9.1Coverage spans stocks, ETFs and forex via iOS, Android and Web for desktop plus mobile. |
| Trust | 9.1Higher | 8.5Cover sits at EU ICS up to EUR 20,000 under Cyprus oversight. |
What each covers
| Markets | Darwinex | NAGA |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Futures | Yes | Yes |
| Crypto | No | Yes |
Sources behind this comparison
Darwinex
- comparebrokers.co: 2 facts, checked September 26, 2026
- darwinexzero.com: 2 facts, checked September 26, 2026
- en.arincen.com: 2 facts, checked September 26, 2026
- forexsuggest.com: 2 facts, checked September 26, 2026
- forex.wikibit.com: 1 fact, checked September 26, 2026
NAGA
- naga.com: 5 facts, checked September 28, 2026
- nagamarkets.zendesk.com: 5 facts, checked September 28, 2026
How they place
| Ranking | Darwinex | NAGA |
|---|---|---|
| Stock and ETF brokers | 158 of 471 | 4 of 471 |
| Forex brokers | 68 of 147 | 3 of 147 |
| Low-spread forex brokers | 66 of 145 | 3 of 145 |
| CFD brokers | 57 of 122 | 3 of 122 |
| Copy trading platforms | 18 of 38 | 1 of 38 |
Every fact side by side
| Fact | Darwinex | NAGA |
|---|---|---|
| Features | Demo account, Copy trading, Mobile app | Crypto, Copy trading, Mobile app |
| Legal entity | Tradeslide Technologies Limited | Not confirmed |
| Headquarters | United Kingdom | Not confirmed |
| Founded | 2012 | Not confirmed |
| Support channels | Email, Help centre, Community | Not confirmed |
Prop firms
| Fact | Darwinex | NAGA |
|---|---|---|
| Challenge price | €45 | Not confirmed |
| Profit split | 15% | Not confirmed |
Where each stands against the rest
| Fact | Darwinex | NAGA | Median |
|---|---|---|---|
| Stock trade fee | Not confirmed | €3above the median | €1 |
| Retail accounts that lose money | Not confirmed | 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
Darwinex
Pros
- Regulated in both the UK and Spain, with protection of FSCS up to GBP 85,000 on UK balances
- One account covers stocks, etfs and forex under a single broker
- Copy trading, a demo account and a mobile app are all part of demo account, copy trading and mobile app
Cons
- The minimum deposit of $500 is well above the €4.64 seen across brokers here
- Support runs on email, help centre and community only, with no phone line listed
- Some deposit methods add 0.5% on Skrill deposits
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
Darwinex
Who it suits
- Traders in the UK who want FCA oversight and FSCS up to GBP 85,000
- Traders in Spain covered by the CNMV licence
- Copy trading users who want a regulated broker behind the account
Who should look elsewhere
- Anyone starting with a small sum, since $500 is set well above the €4.64
- People who want phone support, as contact runs on email, help centre and community
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 | Darwinex | 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
Darwinex
What is the minimum deposit at Darwinex?+
Darwinex asks for a minimum deposit of $500. That is well above the €4.64 median across the brokers listed here, so it suits traders with a larger starting balance rather than small first deposits.
How is my money protected?+
Darwinex holds a 586466 FCA licence in the UK and a 311 CNMV licence in Spain. UK clients sit under FSCS up to GBP 85,000, which covers eligible balances up to the stated limit if the firm fails.
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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