Updated September 29, 2026 · BrokerCue Editorial Team
NAGA vs OANDA
Where NAGA and OANDA differ
| Compare |  NAGA |  OANDA |
|---|---|---|
| Minimum deposit | €50 | $0 |
| Markets | Stocks, ETFs, Forex, CFDs, Futures, Crypto | Stocks, ETFs, Forex, CFDs, Crypto, Bonds |
| Regulators | Cyprus Securities and Exchange Commission | FCA, CFTC |
| Investor protection | EU ICS up to EUR 20,000 | FSCS up to GBP 85,000 |
| Retail accounts that lose money | 70.45% | 72% |
| Stock trade fee | €3 | Not confirmed |
| Deposit and withdrawal fees | No withdrawal fee | Not confirmed |
| Platforms | iOS, Android, Web, MetaTrader 5 | Not confirmed |
| Maximum retail leverage | Not confirmed | 1:30 |
| Interest on cash | 2.4% | Not confirmed |
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Key differences
- OANDA scores higher overall: 9.5 vs 8.7.
- Regulators: only NAGA offers Cyprus Securities and Exchange Commission.
- Regulators: only OANDA offers FCA, CFTC.
- OANDA is licensed in 1 more country.
- Markets: only NAGA offers Futures.
- Markets: only OANDA offers Bonds.
- Features: only NAGA offers Crypto, Copy trading.
- Features: only OANDA 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.
OANDA
OANDA fits traders who want to open an account without a minimum deposit and sit under regulators on both sides of the Atlantic. Its overall score is 8.4 with a cost score of 8.4, though the retail loss rate of 72% is a reminder that most balances do not survive the trading.
Score breakdown
| Area | NAGA | OANDA |
|---|---|---|
| Cost | 8.5Stock trades cost €3; withdrawals show No withdrawal fee. | 9.7Higher |
| Offer | 9.1Coverage spans stocks, ETFs and forex via iOS, Android and Web for desktop plus mobile. | 9.3Higher |
| Trust | 8.5Cover sits at EU ICS up to EUR 20,000 under Cyprus oversight. | 9.5Higher |
Side by side, item by item
| Markets | NAGA | OANDA |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Futures | Yes | No |
| Crypto | Yes | Yes |
| Bonds | No | Yes |
How they place
| Ranking | NAGA | OANDA |
|---|---|---|
| Stock and ETF brokers | 4 of 490 | 42 of 490 |
| Forex brokers | 3 of 147 | 17 of 147 |
| Low-spread forex brokers | 3 of 145 | 15 of 145 |
| CFD brokers | 3 of 122 | 14 of 122 |
Availability and regulation
| Country | NAGA | OANDA |
|---|---|---|
| Cyprus | Not confirmed | |
| United Kingdom | Not confirmed | FCA 542574 |
| United States | Not confirmed | CFTC 0325821 |
What we checked
NAGA
- naga.com: 5 facts, checked September 28, 2026
- nagamarkets.zendesk.com: 5 facts, checked September 28, 2026
OANDA
- oanda.com: 4 facts, checked September 26, 2026
- brokersway.com: 3 facts, checked September 26, 2026
- tradingpedia.com: 3 facts, checked September 26, 2026
- en.wikipedia.org: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | NAGA | OANDA |
|---|---|---|
| Features | Crypto, Copy trading, Mobile app | Demo account, Mobile app |
| Legal entity | Not confirmed | OANDA TMS Brokers S.A. |
| Headquarters | Not confirmed | United States |
| Founded | Not confirmed | 1996 |
| Support channels | Not confirmed | Email, Phone |
Where each stands against the rest
| Fact | NAGA | OANDA | Median |
|---|---|---|---|
| Stock trade fee | €3above the median | Not confirmed | €1 |
| Retail accounts that lose money | 70.45%above the median | 72%above the median | 70.375% |
| Interest on cash | 2.4%below the median | Not confirmed | 3% |
Median across 38 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.
OANDA
Pros
- No minimum deposit: $0 means the account opens without putting money in first, and OANDA sits at the top of our minimum deposit ranking, ahead of Vantage and its $5.
- Regulated in Britain and the US: FCA and CFTC covers an FCA licence 542574 and a CFTC registration 0325821.
- UK balances sit under protection of FSCS up to GBP 85,000, which pays compensation if the firm cannot return the money.
Cons
- Support runs on email and phone only, which leaves anyone wanting a live chat desk looking at other brokers.
- A retail loss rate of 72% is no better than the site figure of 70.15%, so the risk sits at the sector norm.
- Retail leverage of 1:30 magnifies losses as quickly as gains, and a $0 entry point makes it easy to size positions too large.
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.
OANDA
Who it suits
- Traders who want to open an account and start small: the minimum deposit of $0 removes the barrier to funding later.
- Anyone who checks regulators before depositing, since FCA and CFTC and protection of FSCS up to GBP 85,000 are both on record.
- Forex traders who also want shares, ETFs, CFDs, crypto and bonds under one roof: stocks, etfs and forex.
Who should look elsewhere
- Futures traders, who get a longer list at eToro, where stocks, etfs and forex adds futures to the stocks, etfs and forex on offer here.
- Traders who want nothing beyond shares, ETFs, forex, CFDs and crypto, since CFI's stocks, etfs and forex covers that core without the bonds.
Country by country
| Country | NAGA | OANDA |
|---|---|---|
| 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.
OANDA
What is the minimum deposit for an OANDA account?+
OANDA lists a minimum deposit of $0, so you can open an account without funding it and add money later. On our minimum deposit ranking that places OANDA at position 1 of 213 brands, well clear of the field. Vantage, by contrast, asks for $5 before trading starts.
How is my money protected if something goes wrong?+
UK clients sit under investor protection of FSCS up to GBP 85,000, the compensation paid if the firm cannot return the balance. The regulator behind that cover is named in FCA and CFTC, and the FCA licence number is 542574. US clients fall under the CFTC registration, 0325821, which is a separate arrangement.
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