Two regulated CFD brokers, Admirals and NAGA, face off over platform choice and coin breadth, delivering a tense, unresolved clash that invites closer scrutiny.
Admirals and NAGA are closely matched overall; the clearest differentiator is coin selection, with NAGA offering 100 crypto CFDs versus Admirals' 30.
Find out which crypto exchange best suits your trading profile.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Admirals benefits from FSCS protection and broader UK-regulated status.
Admirals has the higher Fees & Spreads category score.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 3.8/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | 0.5 pips▼ lower | 0.7 pips |
| Taker Fee | 6.00% | N/A |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | Admirals | NAGA |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Fail | Fail |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
The scores are close: Admirals rates 3.9/5 and NAGA rates 3.8/5. Admirals has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Admirals lists a lower spread from 0.5, compared with NAGA's 0.7. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
Neither Admirals nor NAGA requires a minimum deposit, making both accessible regardless of starting capital.
Both Admirals and NAGA hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both exchanges provide negative balance protection. Also compare demo account availability and educational resources on each exchange's site before deciding.
Admirals offers up to 2:1 on perpetual or margin products, versus NAGA's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Admirals charges $6 per trade on commission-based accounts. Commission details for NAGA are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
Admirals supports MetaTrader 5, MetaTrader 4, while NAGA supports MetaTrader 5, NAGA Trader. Both provide MetaTrader 5. Admirals has exclusive access to MetaTrader 4. NAGA has exclusive access to NAGA Trader.
Admirals scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
Equally matched; neither offers DeFi or Web3 features.
| 1.1 pips |
| N/A |
| Inactivity Fee | $10/month (after 24 months) | $10/month (after 90 days) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC CySEC KNF | FSCA BaFin CySEC |
|---|
| Cold Storage | No | No |
|---|
| Proof of Reserves | No | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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