Two regulated CFD brokers clash over crypto reach and platform focus. The tension lies between asset depth and social trading capabilities as they compete for active traders.
NAGA and ThinkMarkets are closely matched overall. The clearest differentiator is coin selection depth, with NAGA offering 100+ crypto CFDs versus ThinkMarkets' 20+.
Find out which crypto exchange best suits your trading profile.
Choose NAGA if…
Choose NAGA if you want a broad catalog of crypto CFDs and you can use Autocopy social trading with public track records.
Choose ThinkMarkets if…
Choose ThinkMarkets if you value a strong mobile trading experience with ThinkTrader and you can access 24/5 live chat support plus ThinkCopy.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Equally matched on regulatory oversight.
| Criteria | ||
|---|---|---|
| Editorial score | 3.8/ 5 | 3.8/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | 0.7 pips | 0.4 pips▼ lower |
| Taker Fee | N/A | 7.00% |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | NAGA | ThinkMarkets |
|---|---|---|
| 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 | Fail | Pass |
| 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 | Fail | Pass |
| Phone support | Fail | Pass |
NAGA and ThinkMarkets share the same editorial score of 3.8/5. One concrete differentiator: ThinkMarkets has tighter spreads from 0.4 pips.
ThinkMarkets lists a lower spread from 0.4, 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 NAGA nor ThinkMarkets requires a minimum deposit, making both accessible regardless of starting capital.
Both NAGA and ThinkMarkets 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.
NAGA offers up to 2:1 on perpetual or margin products, versus ThinkMarkets'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.
ThinkMarkets charges $7 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.
NAGA supports MetaTrader 5, NAGA Trader, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 5. NAGA has exclusive access to NAGA Trader. ThinkMarkets has exclusive access to Proprietary Web/Mobile and TradingView and MetaTrader 4.
ThinkMarkets 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; no explicit fee advantage documented.
NAGA wins coin selection with 100+ crypto CFDs; ThinkMarkets has 20+.
Equally matched; both have $0 min deposits.
Equally matched; neither offers DeFi or on-chain features.
| N/A |
| 1.1 pips |
| Inactivity Fee | $10/month (after 90 days) | None |
|---|
| 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 | FSCA BaFin CySEC | FCA FSCA JFSA ASIC |
|---|
| 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
Score 3.8 / 5
Personalised recommendation
Answer 6 quick questions and we’ll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker