Updated September 29, 2026 · BrokerCue Editorial Team
NAGA vs Windsor Brokers
NAGA vs Windsor Brokers: the differences
| Compare |  NAGA |  Windsor Brokers |
|---|---|---|
| Minimum deposit | €50 | $50 |
| Markets | Stocks, ETFs, Forex, CFDs, Futures, Crypto | Stocks, ETFs, Forex, CFDs, Crypto, Metals |
| Regulators | Cyprus Securities and Exchange Commission | Cyprus Securities and Exchange Commission (CySEC) |
| Retail accounts that lose money | 70.45% | 78.3% |
| Platforms | iOS, Android, Web, MetaTrader 5 | MT4, MT5, Mobile App |
| Stock trade fee | €3 | Not confirmed |
| Deposit and withdrawal fees | No withdrawal fee | Not confirmed |
| Maximum retail leverage | Not confirmed | 1:30 |
| Interest on cash | 2.4% | Not confirmed |
Same on both: Investor protection (EU ICS up to EUR 20,000).
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Key differences
- Windsor Brokers scores higher overall: 9.1 vs 8.7.
- Regulators: only NAGA offers Cyprus Securities and Exchange Commission.
- Regulators: only Windsor Brokers offers Cyprus Securities and Exchange Commission (CySEC).
- Markets: only NAGA offers Futures.
- Markets: only Windsor Brokers offers Metals.
- Platforms: only NAGA offers iOS, Android, Web.
- Platforms: only Windsor Brokers offers MT4, MT5, Mobile App.
- Features: only NAGA offers Crypto.
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.
Windsor Brokers
Windsor Brokers suits traders who want a single account spanning forex, CFDs, crypto, metals, stocks and ETFs under the Cyprus Securities and Exchange Commission. Eligible deposits sit under EU ICS up to EUR 20,000, and stocks, etfs and forex keeps the whole range inside the same regulated entity.
Score breakdown
| Area | NAGA | Windsor Brokers |
|---|---|---|
| Cost | 8.5Stock trades cost €3; withdrawals show No withdrawal fee. | 8.7HigherThe minimum deposit of $50 is above the $0 CFI and $5 Vantage entries, but under the €87.70 site upper quartile. |
| Offer | 9.1Coverage spans stocks, ETFs and forex via iOS, Android and Web for desktop plus mobile. | 9.5Higher |
| Trust | 8.5Cover sits at EU ICS up to EUR 20,000 under Cyprus oversight. | 9.1Higher |
Side by side, item by item
| Markets | NAGA | Windsor Brokers |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Futures | Yes | No |
| Crypto | Yes | Yes |
| Metals | No | Yes |
Licences and countries
| Country | NAGA | Windsor Brokers |
|---|---|---|
| Cyprus |
Positions in our rankings
| Ranking | NAGA | Windsor Brokers |
|---|---|---|
| Stock and ETF brokers | 4 of 490 | 123 of 490 |
| Forex brokers | 3 of 147 | 52 of 147 |
| Low-spread forex brokers | 3 of 145 | 50 of 145 |
| CFD brokers | 3 of 122 | 42 of 122 |
| Copy trading platforms | 1 of 37 | 12 of 37 |
Where these facts come from
NAGA
- naga.com: 5 facts, checked September 28, 2026
- nagamarkets.zendesk.com: 5 facts, checked September 28, 2026
Windsor Brokers
- wikifx.com: 6 facts, checked September 26, 2026
- windsorbrokers.com: 3 facts, checked September 26, 2026
- hercules-finance.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | NAGA | Windsor Brokers |
|---|---|---|
| Features | Crypto, Copy trading, Mobile appCovers more | Copy trading, Mobile app |
| Legal entity | Not confirmed | Windsor Brokers Ltd |
| Founded | Not confirmed | 1988 |
Where each stands against the rest
| Fact | NAGA | Windsor Brokers | Median |
|---|---|---|---|
| Stock trade fee | €3above the median | Not confirmed | €1 |
| Retail accounts that lose money | 70.45%above the median | 78.3%highest quarter | 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.
Windsor Brokers
Pros
- Market list stocks, etfs and forex covers forex, CFDs, crypto, metals, stocks and ETFs without leaving the same regulated entity.
- Eligible deposits are covered by EU ICS up to EUR 20,000, attached to the Cyprus licence rather than to the brand name.
- Platforms listed are MT4, MT5 and Mobile App, so desktop and mobile are served by the same broker.
Cons
- The share of retail accounts that lose money is 78.3%, above the site median 70.15%.
- Retail leverage of 1:30 magnifies losses on forex and CFD positions.
- The minimum deposit of $50 is well above the €4.64 site median.
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.
Windsor Brokers
Who it suits
- Traders who want forex and CFDs alongside crypto, metals, stocks and ETFs in a single account.
- Copy traders, since copy trading and mobile app lists copy trading alongside a mobile app.
- Readers who weigh regulation first and want a Cyprus Securities and Exchange Commission licence.
Who should look elsewhere
- CFI if a very small entry matters: its minimum deposit is $0.
- Vantage for a lighter first deposit, where the minimum deposit is $5.
- eToro if futures sit on your list: stocks, etfs and forex includes futures, which the stocks, etfs and forex range here does not.
Current offers
Windsor Brokers
Current offer
Bonus
$60K Deposit Bonus: $60K
Source, checked September 26, 2026
Country by country
| Country | NAGA | Windsor Brokers |
|---|---|---|
| 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.
Windsor Brokers
What is the minimum deposit at Windsor Brokers?+
The minimum deposit is $50, above the $5 Vantage entry and well above the $0 CFI entry. It is also above the €4.64 site median, so the account is not aimed at very small first deposits.
Who regulates Windsor Brokers?+
The broker is regulated by the Cyprus Securities and Exchange Commission under licence 030/04. The regulated company is Windsor Brokers Ltd, and eligible deposits fall under EU ICS up to EUR 20,000, so the scheme attaches to the entity rather than the brand.
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