This comparison weighs regulation, fees, and platform options between ActivTrades and NAGA. The tension centers on risk protections and platform ecosystems in European markets.
ActivTrades tops the comparison with a higher editorial score than NAGA. The edge is driven by FCA regulation with supplemental insurance up to GBP 1,000,000 and ActivTrader's volatility protection.
Find out which broker best suits your trader profile.
Choose ActivTrades if…
Choose ActivTrades if you want phone support and no inactivity fee.
Choose NAGA if…
Choose NAGA if you value social trading and MT5 alongside its proprietary platform.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
ActivTrades offers tighter spreads from 0.50 pips vs 0.70 pips for NAGA, reducing trading costs.
| Editorial score | 4.3/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 4.3 / 5 |
Pros
FCA regulated with supplemental insurance up to GBP 1,000,000 per client
ActivTrader's volatility protection feature is a genuine risk management differentiator
No minimum deposit
Strong southern European presence, Italian, Spanish, Portuguese support
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | ActivTrades | NAGA |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
The scores are close: ActivTrades rates 4.3/5 and NAGA rates 4/5. ActivTrades 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.
ActivTrades starts from 0.5 pips, tighter than NAGA's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
ActivTrades has no minimum deposit, while NAGA requires at least $50. This makes ActivTrades more accessible for traders with limited starting capital.
Both ActivTrades and NAGA hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: ActivTrades has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
ActivTrades lists maximum leverage of 400:1, while NAGA lists up to 400:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
ActivTrades supports MetaTrader 4, ActivTrader, while NAGA supports MetaTrader 5, NAGA Trader. ActivTrades has exclusive access to MetaTrader 4 and ActivTrader. NAGA has exclusive access to MetaTrader 5 and NAGA Trader.
ActivTrades is favored for safety and regulation due to FCA oversight and investor protections.
NAGA wins for active traders with its social trading and ranked auto-copy on NAGA Trader.
ActivTrades is better suited for scalpers: tighter spreads from 0.50 pips.
NAGA wins for platform choice with NAGA Trader and MT5 availability.
ActivTrades is best for beginners due to regulatory safety and volatility protection.
ActivTrades offers 1000 instruments, more than NAGA's 950.
Fees & Spreads 30% weight | 4.2 / 5▲ | 3.8 / 5 |
|---|
Platforms & Tools 20% weight | 4.3 / 5▲ | 4.2 / 5 |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 4.0 / 5 |
|---|
| Founded | 2001 | 2015 |
|---|
| Headquarters | London, United Kingdom | Hamburg, Germany |
|---|
| Min Deposit | No minimum▼ lower | $50 |
|---|
| Spreads From | 0.5 pips▼ lower | 0.7 pips |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 400:1 | 400:1 |
|---|
| Inactivity Fee | None | $10/month (after 90 days) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPal | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA CMVM SCB | FSCA BaFin CySEC |
|---|
| Platforms | MetaTrader 4 ActivTrader | MetaTrader 5 NAGA Trader |
|---|
| Active bonuses |
|---|
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
BaFin and CySEC regulated, strong EU regulatory stack
NAGA Trader: purpose-built social trading with ranked auto-copy
950+ CFD instruments across multiple asset classes
MT5 available alongside proprietary platform
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Cons
Product range narrower than IG or Saxo
No cTrader or raw ECN account option
Less known outside Europe compared to global competitors
Cons
Inactivity fee triggers after just 90 days
Spreads not competitive with ECN brokers
Copy trading performance dependent on community quality
No raw spread account option
No phone support
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Personalised recommendation
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