FP Markets vs NAGA
By Akash · Facts re-checked (UTC)
Here is how FP Markets and NAGA compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FP Markets | NAGA | |
|---|---|---|
| Regulators | ASIC, CySEC, FSCA, FSA Seychelles | CySEC |
| Minimum deposit | – | $50 by card |
| Spreads from | from 0.0 pips (Raw) | 0.6 pips on EUR/USD |
| Commission | US$3 per lot per side (Raw, MT4/MT5) | – |
| Max leverage | 1:500 (MT4/MT5/cTrader, non-EU/non-AU entity) | 1:30 on major forex pairs for retail clients (NAGA Markets Europe Ltd, CySEC) |
| Platforms | MT4, MT5, cTrader, TradingView, WebTrader | NAGA web app, NAGA mobile app, MetaTrader 4, MetaTrader 5 |
| Retail accounts losing money | – | 77.41% |
Full reviews: FP Markets review · NAGA review
Frequently asked questions
Are FP Markets and NAGA regulated?
FP Markets: ASIC, CySEC, FSCA, FSA Seychelles. NAGA: CySEC.
Which has tighter spreads, FP Markets or NAGA?
Published spreads start from from 0.0 pips (Raw) at FP Markets and 0.6 pips on EUR/USD at NAGA; commission: FP Markets US$3 per lot per side (Raw, MT4/MT5), 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