AMarketsvs
NAGAForex Broker Comparison
AMarkets and NAGA face off on regulation, costs, and platforms, creating a tension between safety nets and pricing. The outcome hinges on which edges traders value most.
Our Verdict
NAGA winsby 0.2 pts
NAGA wins on editorial score (4.0 vs 3.8). It also benefits from BaFin and CySEC regulation with an investor compensation scheme, unlike AMarkets, which is SVGFSA-regulated without top-tier protection.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1NAGA has a proprietary platform alongside MT5.
- 2NAGA offers investor compensation scheme.
- 3NAGA provides 950 instruments, AMarkets 250.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
AMarkets offers tighter spreads from 0.00 pips vs 0.70 pips for NAGA, reducing trading costs.
Best for safety & regulation
Recommended
AMarkets vs NAGA: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.8/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.3 / 5▲ |
AMarkets vs NAGA Forex Broker Pros & Cons
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
AMarkets vs NAGA: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
3
AMarkets
criteria wins
5
NAGA
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | AMarkets | NAGA |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | 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 | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
AMarkets vs NAGA: Frequently Asked Questions
The scores are close: AMarkets rates 3.8/5 and NAGA rates 4/5. NAGA 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.
AMarkets starts from 0 pips, tighter than NAGA's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
NAGA has $50, while AMarkets requires at least $100. This makes NAGA more accessible for traders with limited starting capital.
NAGA holds top-tier regulation (FSCA, BaFin, CySEC), providing stronger investor protections. AMarkets may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
NAGA stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
AMarkets lists maximum leverage of 3000:1, 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.
AMarkets charges $6 per lot on commission-based accounts. Commission details for NAGA are not currently available. Check their website for up-to-date pricing.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while NAGA supports MetaTrader 5, NAGA Trader. Both provide MetaTrader 5. AMarkets has exclusive access to cTrader and MetaTrader 4. NAGA has exclusive access to NAGA Trader.
