FOREX.com vs NAGA
By Akash · Facts re-checked (UTC)
Here is how FOREX.com and NAGA compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FOREX.com | NAGA | |
|---|---|---|
| Regulators | FCA, NFA/CFTC | CySEC |
| Minimum deposit | $100 (US); £100 (UK) | $50 by card |
| Spreads from | 0.8 pips EUR/USD (Standard account) | 0.6 pips on EUR/USD |
| Commission | RAW Spread account: EUR/USD from 0.2 points plus commission | – |
| Max leverage | 50:1 (US entity, NFA/CFTC) | 1:30 on major forex pairs for retail clients (NAGA Markets Europe Ltd, CySEC) |
| Platforms | FOREX.com web platform, FOREX.com mobile app, TradingView, MetaTrader 4, MetaTrader 5 | NAGA web app, NAGA mobile app, MetaTrader 4, MetaTrader 5 |
| Retail accounts losing money | – | 77.41% |
Full reviews: FOREX.com review · NAGA review
Frequently asked questions
What is the minimum deposit at FOREX.com and NAGA?
FOREX.com: $100 (US); £100 (UK). NAGA: $50 by card.
Are FOREX.com and NAGA regulated?
FOREX.com: FCA, NFA/CFTC. NAGA: CySEC.
Which has tighter spreads, FOREX.com or NAGA?
Published spreads start from 0.8 pips EUR/USD (Standard account) at FOREX.com and 0.6 pips on EUR/USD at NAGA; commission: FOREX.com RAW Spread account: EUR/USD from 0.2 points plus commission, NAGA none listed.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more