FXTM vs NAGA
By Akash · Facts re-checked (UTC)
Here is how FXTM and NAGA compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FXTM | NAGA | |
|---|---|---|
| Regulators | FSC Mauritius, CMA Kenya | CySEC |
| Minimum deposit | – | $50 by card |
| Spreads from | from 0.0 pips (Advantage account) | 0.6 pips on EUR/USD |
| Max leverage | – | 1:30 on major forex pairs for retail clients (NAGA Markets Europe Ltd, CySEC) |
| Platforms | MetaTrader 4, MetaTrader 5 | NAGA web app, NAGA mobile app, MetaTrader 4, MetaTrader 5 |
| Retail accounts losing money | – | 77.41% |
Full reviews: FXTM review · NAGA review
Frequently asked questions
Are FXTM and NAGA regulated?
FXTM: FSC Mauritius, CMA Kenya. NAGA: CySEC.
Which has tighter spreads, FXTM or NAGA?
Published spreads start from from 0.0 pips (Advantage account) at FXTM and 0.6 pips on EUR/USD at NAGA.
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