Updated September 29, 2026 · BrokerCue Editorial Team
FXTM vs NAGA
What sets them apart
| Compare | FXTM ReviewSee alternativesSee alternatives |  NAGA |
|---|---|---|
| Minimum deposit | $10 | €50 |
| Markets | Stocks, ETFs, Forex, CFDs, Futures, Crypto, Bonds, MetalsCovers more | Stocks, ETFs, Forex, CFDs, Futures, Crypto |
| Regulators | FCA, CySEC | 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 | 88% | 70.45% |
| Deposit and withdrawal fees | No deposit fees; withdrawal fees vary by method | No withdrawal fee |
| Platforms | Desktop, Mobile App, MetaTrader 4, MetaTrader 5 | iOS, Android, Web, MetaTrader 5 |
| Stock trade fee | Not confirmed | €3 |
| Inactivity fee | $5 | Not confirmed |
| Maximum retail leverage | 1:2000 | Not confirmed |
| Interest on cash | Not confirmed | 2.4% |
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Key differences
- FXTM scores higher overall: 9.3 vs 8.7.
- Regulators: only FXTM offers FCA, CySEC.
- Regulators: only NAGA offers Cyprus Securities and Exchange Commission.
- FXTM is licensed in 1 more country.
- Markets: only FXTM offers Bonds, Metals.
- Platforms: only FXTM offers Desktop, Mobile App, MetaTrader 4.
- Platforms: only NAGA offers iOS, Android, Web.
- Features: only FXTM offers Demo account.
Our verdict on each
FXTM
FXTM suits traders who want forex, CFDs, futures, crypto and shares under one account, with retail leverage of 1:2000 and dual regulation behind the money. Costs are the compromise: entry is light, but support runs on help centre only, and a dormant account is charged rather than left free.
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 | FXTM | NAGA |
|---|---|---|
| Cost | 9.0HigherEntry costs are light, with a $10 starting deposit and No deposit fees; withdrawal fees vary by method, though dormant accounts pay $5. | 8.5Stock trades cost €3; withdrawals show No withdrawal fee. |
| Offer | 9.3Higher | 9.1Coverage spans stocks, ETFs and forex via iOS, Android and Web for desktop plus mobile. |
| Trust | 9.5Higher | 8.5Cover sits at EU ICS up to EUR 20,000 under Cyprus oversight. |
Where they rank in our lists
| Ranking | FXTM | NAGA |
|---|---|---|
| Stock and ETF brokers | 59 of 490 | 4 of 490 |
| Forex brokers | 27 of 147 | 3 of 147 |
| Low-spread forex brokers | 25 of 145 | 3 of 145 |
| CFD brokers | 22 of 122 | 3 of 122 |
| Copy trading platforms | 6 of 37 | 1 of 37 |
Side by side, item by item
| Markets | FXTM | NAGA |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Futures | Yes | Yes |
| Crypto | Yes | Yes |
| Bonds | Yes | No |
| Metals | Yes | No |
Where these facts come from
FXTM
- fxtm.com: 5 facts, checked September 26, 2026
- brokersway.com: 4 facts, checked September 26, 2026
- trade-leader.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 | FXTM | NAGA |
|---|---|---|
| Features | Demo account, Copy trading, Mobile app, CryptoCovers more | Crypto, Copy trading, Mobile app |
| Support channels | Help centre | Not confirmed |
Where each stands against the rest
| Fact | FXTM | NAGA | Median |
|---|---|---|---|
| Stock trade fee | Not confirmed | €3above the median | €1 |
| Inactivity fee | $5above the median | Not confirmed | $0 |
| Retail accounts that lose money | 88%highest quarter | 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
FXTM
Pros
- One account spans stocks, etfs and forex.
- The FCA and CySEC both appear under FCA and CySEC, with FSCS up to GBP 85,000 for UK clients.
- Trading runs on Desktop, Mobile App and MetaTrader 4, and demo account, copy trading and mobile app adds a demo account and copy trading.
Cons
- Dormant balances are charged $5, a cost active traders never meet.
- Support runs on help centre only.
- Leverage of 1:2000 magnifies losses, and 88% of retail accounts lose money.
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
FXTM
Who it suits
- Traders who want forex, CFDs, futures, crypto and shares in one place from a $10 start.
- Newcomers who want a demo account and copy trading through demo account, copy trading and mobile app.
- Clients who want regulation in the UK and Cyprus under FCA and CySEC.
Who should look elsewhere
- Anyone who wants to open with nothing: CFI has a $0 minimum.
- Traders focused on shares, ETFs and crypto rather than bonds and metals: eToro's markets are stocks, etfs and forex.
- Small accounts wanting a cheaper opening: Vantage starts at $5.
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 | FXTM | 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
FXTM
What does it cost to open and keep an FXTM account?+
Opening an account starts at $10, and the deposit and withdrawal terms read No deposit fees; withdrawal fees vary by method. The fee to watch is the inactivity charge of $5, which bites once an account sits idle, so running costs stay low only while you keep trading.
Is my money protected at FXTM?+
FXTM is regulated by the FCA and CySEC, and the investor protection stated is FSCS up to GBP 85,000. That cover sits with the regulated entity holding the account, so check which one your account is opened with before treating the protection as your own.
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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