Updated September 29, 2026 · BrokerCue Editorial Team
NAGA vs Nexo
Where NAGA and Nexo differ
| Compare | ||
|---|---|---|
| Minimum deposit | €50 | $5,000 |
| Markets | Stocks, ETFs, Forex, CFDs, Futures, CryptoCovers more | Crypto, Futures |
| Regulators | Cyprus Securities and Exchange Commission | Department of Financial Protection and Innovation, National Securities Commission (CNV) of the Argentine Republic, Companies Registry, Ministry of Finance, Financial Services Authority Seychelles |
| Investor protection | EU ICS up to EUR 20,000 | SIPC up to USD 500,000 |
| Platforms | iOS, Android, Web, MetaTrader 5 | Web platform, Mobile app |
| Interest on cash | 2.4% | 13%Higher |
| Stock trade fee | €3 | Not confirmed |
| Retail accounts that lose money | 70.45% | Not confirmed |
| Margin rate | Not confirmed | 1.9% |
| Deposit and withdrawal fees | No withdrawal fee | Not confirmed |
| Account types | Not confirmed | Corporate |
| Maximum retail leverage | Not confirmed | 100x |
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Key differences
- Nexo scores higher overall: 9.0 vs 8.7.
- Regulators: only NAGA offers Cyprus Securities and Exchange Commission.
- Regulators: only Nexo offers Department of Financial Protection and Innovation, National Securities Commission (CNV) of the Argentine Republic, Companies Registry.
- Nexo is licensed in 4 more countries.
- Markets: only NAGA offers Stocks, ETFs, Forex.
- Platforms: only NAGA offers iOS, Android, Web.
- Platforms: only Nexo offers Web platform, Mobile app.
- Interest on cash is higher at Nexo: 13% vs 2.4%.
- Features: only NAGA offers Copy trading.
- Features: only Nexo offers Demo account.
Our verdict on each
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.
Nexo
Nexo suits corporate account holders who want crypto plus futures trading on web and mobile platforms with margin borrowing available. You should weigh minimum funding of $5,000 and margin rate of 1.9% against demo access and limited market breadth before you commit capital.
Score breakdown
| Area | NAGA | Nexo |
|---|---|---|
| Cost | 8.5Stock trades cost €3; withdrawals show No withdrawal fee. | 9.0HigherMargin borrowing priced with margin rate of 1.9% supports cost view. |
| Offer | 9.1HigherCoverage spans stocks, ETFs and forex via iOS, Android and Web for desktop plus mobile. | 8.9Offer centres on markets of crypto and futures via platforms of Web platform and Mobile app. |
| Trust | 8.5Cover sits at EU ICS up to EUR 20,000 under Cyprus oversight. | 9.0HigherTrust reflects cover of SIPC up to USD 500,000. |
Pick NAGA if, pick Nexo if
Pick NAGA if markets matter most.
Pick Nexo if cost, trust, and interest on cash matter most.
Where they rank in our lists
| Ranking | NAGA | Nexo |
|---|---|---|
| Futures trading platforms | 1 of 85 | 2 of 85 |
What we checked
NAGA
- naga.com: 5 facts, checked September 28, 2026
- nagamarkets.zendesk.com: 5 facts, checked September 28, 2026
Nexo
- nexo.com: 9 facts, checked September 29, 2026
- portal.dfpi.ca.gov: 2 facts, checked September 29, 2026
Every fact side by side
| Fact | NAGA | Nexo |
|---|---|---|
| Features | Crypto, Copy trading, Mobile app | Crypto, Demo account, Mobile app |
| Pricing model | Not confirmed | Low fees |
Where each stands against the rest
| Fact | NAGA | Nexo | Median |
|---|---|---|---|
| Stock trade fee | €3above the median | Not confirmed | €1 |
| Retail accounts that lose money | 70.45%below the median | Not confirmed | 72.21% |
| Margin rate | Not confirmed | 1.9%lowest quarter | 8.75% |
| Interest on cash | 2.4%below the median | 13%highest quarter | 3.25% |
Median across 49 listed brokers.
Pros and cons
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.
Nexo
Pros
- Crypto and futures coverage in crypto and futures suits focused digital asset traders rather than general equity investors.
- Corporate access through corporate suits entities that need business onboarding rather than personal accounts.
- Margin access with margin rate of 1.9% gives clear borrowing pricing for planned leveraged use.
Cons
- Entry funding of $5,000 is high beside $50 at eToro and $1 at Kraken, which limits casual access.
- Market breadth is narrow at crypto and futures, with crypto and futures focus and no stocks or funds breadth for diversification.
- Support runs on chat, email and help centre only, which may deter you if you prefer phone help available elsewhere.
Who each suits
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.
Nexo
Who it suits
- Corporate desks that accept $5,000 and prefer Nexo focus over eToro retail breadth
- Crypto futures users who value Web platform and Mobile app and prefer Nexo margin clarity over Kraken entry level simplicity
- Entity clients comfortable with chat, email and help centre who prefer Nexo structure over NAGA retail positioning
Who should look elsewhere
- Traders seeking low entry balances who prefer eToro because $50 is below $5,000
- Crypto beginners wanting simple retail onboarding who prefer Kraken because $1 is below $5,000
Country by country
| Country | NAGA | Nexo |
|---|---|---|
| Austria | Yes | No |
| Belgium | Yes | No |
| Bulgaria | Yes | No |
| Croatia | Yes | No |
| Cyprus | Yes | No |
| Czechia | Yes | No |
| Denmark | Yes | No |
| Estonia | Yes | No |
8 of 30 countries where either is available.
Questions about each
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.
Nexo
What can you trade with Nexo?+
Nexo focuses on markets of crypto and futures, which means crypto and futures activity rather than broad equities or funds. Access is through platforms of Web platform and Mobile app, giving web based management plus mobile use for monitoring. You should confirm that this limited scope matches your plan before you apply.
How much do you need to open a Nexo account?+
Nexo lists minimum deposit of $5,000 and account choice of corporate, so access is framed around corporate funding. You should prepare qualifying funds and corporate documentation before you start. This structure suits entities rather than individuals seeking small retail balances.
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