Updated September 29, 2026 · BrokerCue Editorial Team
FOREX.com vs NAGA
Where FOREX.com and NAGA differ
| Compare |  FOREX.com |  NAGA |
|---|---|---|
| Minimum deposit | $100 | €50 |
| Markets | Forex, CFDs, Crypto | Stocks, ETFs, Forex, CFDs, Futures, CryptoCovers more |
| Regulators | FCA, NFA/CFTC, ASIC | Cyprus Securities and Exchange Commission |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Retail accounts that lose money | 74% | 70.45% |
| Stock trade fee | Not confirmed | €3 |
| EUR/USD spread | 1.2% | Not confirmed |
| Deposit and withdrawal fees | Not confirmed | No withdrawal fee |
| Platforms | Not confirmed | iOS, Android, Web, MetaTrader 5 |
| Interest on cash | Not confirmed | 2.4% |
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Key differences
- FOREX.com scores higher overall: 9.1 vs 8.7.
- Regulators: only FOREX.com offers FCA, NFA/CFTC, ASIC.
- Regulators: only NAGA offers Cyprus Securities and Exchange Commission.
- FOREX.com is licensed in 2 more countries.
- Markets: only NAGA offers Stocks, ETFs, Futures.
- Features: only FOREX.com offers Demo account.
- Features: only NAGA offers Copy trading.
Our verdict on each
FOREX.com
FOREX.com suits UK retail traders who want one commission-free account covering forex, CFDs and crypto under a named UK regulator. The trade-off is the price of entry: a $100 minimum deposit sits well above the €4.64 median across the brands compared here.
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 | FOREX.com | NAGA |
|---|---|---|
| Cost | 8.3Commission-free pricing with a 1.2% EUR/USD spread, though the $100 minimum deposit is steep against the €4.64 site median. | 8.5HigherStock trades cost €3; withdrawals show No withdrawal fee. |
| Offer | 8.8 | 9.1HigherCoverage spans stocks, ETFs and forex via iOS, Android and Web for desktop plus mobile. |
| Trust | 9.8Higher | 8.5Cover sits at EU ICS up to EUR 20,000 under Cyprus oversight. |
Licences and countries
| Country | FOREX.com | NAGA |
|---|---|---|
| Australia | Not confirmed | |
| Cyprus | Not confirmed | |
| United Kingdom | Not confirmed | |
| United States | Not confirmed |
How they place
| Ranking | FOREX.com | NAGA |
|---|---|---|
| Forex brokers | 48 of 147 | 3 of 147 |
| Low-spread forex brokers | 46 of 145 | 3 of 145 |
| CFD brokers | 39 of 122 | 3 of 122 |
What we checked
FOREX.com
- compareforexbrokers.com: 8 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 | FOREX.com | NAGA |
|---|---|---|
| Features | Crypto, Demo account, Mobile app | Crypto, Copy trading, Mobile app |
| Pricing model | Commission free | Not confirmed |
Where each stands against the rest
| Fact | FOREX.com | NAGA | Median |
|---|---|---|---|
| Stock trade fee | Not confirmed | €3above the median | €1 |
| Retail accounts that lose money | 74%above the median | 70.45%below the median | 72.05% |
| EUR/USD spread | 1.2%highest quarter | Not confirmed | 0.65% |
| Interest on cash | Not confirmed | 2.4%below the median | 3% |
Median across 47 listed brokers.
Pros and cons
FOREX.com
Pros
- Commission-free pricing means the 1.2% EUR/USD spread is the cost you can actually see before you trade
- Regulated in the UK by the FCA, in the US by the NFA/CFTC and in Australia by the ASIC
- UK clients have investor protection of FSCS up to GBP 85,000 behind the firm
Cons
- The $100 minimum deposit sits above $0 at CFI and $5 at Vantage, so entry is the main hurdle
- Retail accounts lose money at 74%, above the 70.15% median for the brands compared here
- The range stops at forex, CFDs and crypto, without the shares, ETFs and futures that appear in stocks, etfs and forex
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
FOREX.com
Who it suits
- UK retail traders who want one commission-free account across forex, CFDs and crypto
- Traders who want a demo account to size up the platform before funding the $100 deposit
- People who put weight on a named UK regulator and FSCS up to GBP 85,000
Who should look elsewhere
- Anyone starting with a small sum, since CFI takes $0 and Vantage $5 against a $100 entry here
- Share and ETF investors, because eToro's range runs to stocks, etfs and forex
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 | FOREX.com | 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
FOREX.com
What does it cost to trade forex on FOREX.com?+
Pricing is commission-free, so the cost sits in the spread rather than a separate deal charge. The euro against the dollar carries a spread of 1.2%, and that figure is the one to watch if you trade often or in size. The commission-free model runs across the account, not on one pair alone.
How much do I need to deposit to open an account?+
The minimum deposit is $100. That is a clear step up from the €4.64 median across the brands compared here, and well above $0 at CFI and $5 at Vantage. Plan the funding before you open, because the threshold applies at the account level.
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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