Two regulated brokers square off on cost and platforms. The tension centers on pricing clarity versus platform breadth.
Find out which broker best suits your trader profile.
Choose if…
Choose BDSwiss if you want a $10 minimum and raw spreads on Prime ECN plus phone support.
Choose if…
Choose NAGA if you prefer 950 instruments with social copy trading and MT5 access.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.9/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.3 / 5▲ |
Pros
$10 minimum deposit (Classic account) - lowest among CySEC-regulated MT4/MT5 brokers
CySEC (199/13) regulation with ICF compensation scheme for EU clients
MT4, MT5, and proprietary WebTrader
Prime ECN account: raw 0.0 pip spreads at $6/lot commission
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | BDSwiss | 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 | 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 | 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: BDSwiss rates 3.9/5 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.
BDSwiss 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.
BDSwiss has $10, while NAGA requires at least $50. This makes BDSwiss more accessible for traders with limited starting capital.
Both BDSwiss 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: BDSwiss requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
BDSwiss lists maximum leverage of 30:1, 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.
BDSwiss charges $6 per lot on commission-based accounts. Commission details for NAGA are not currently available. Check their website for up-to-date pricing.
BDSwiss supports Proprietary Web/Mobile, MetaTrader 4, MetaTrader 5, while NAGA supports MetaTrader 5, NAGA Trader. Both provide MetaTrader 5. BDSwiss has exclusive access to Proprietary Web/Mobile and MetaTrader 4. NAGA has exclusive access to NAGA Trader.
BDSwiss offers tighter spreads from 0.00 pips vs 0.70 pips for NAGA, reducing trading costs.
Equally matched on regulation, both offer investor protection and fund segregation.
BDSwiss appeals to active traders with raw 0.0 pip ECN spreads and transparent commission.
BDSwiss is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
NAGA offers a purpose-built NAGA Trader plus MT5, expanding platform options.
NAGA dominates instrument variety with 950 CFDs versus 250 at BDSwiss.
Fees & Spreads 30% weight | 3.9 / 5▲ | 3.8 / 5 |
|---|
Platforms & Tools 20% weight | 3.8 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.0 / 5 |
|---|
| Founded | 2012 | 2015 |
|---|
| Headquarters | Limassol, Cyprus | Hamburg, Germany |
|---|
| Min Deposit | $10▼ lower | $50 |
|---|
| Spreads From | 0 pips▼ lower | 0.7 pips |
|---|
| Commission / lot | $6/lot | N/A |
|---|
| 0.6 pips | N/A |
| Max Leverage | 30:1 | 400:1▲ higher |
|---|
| Inactivity Fee | None | $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 | FSA Seychelles CySEC FSC | CySEC FSCA BaFin |
|---|
| Platforms | Proprietary Web/Mobile MetaTrader 4 MetaTrader 5 | MetaTrader 5 NAGA Trader |
|---|
| Active bonuses |
|---|
Negative balance protection
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
Classic account spreads (1.5-2.0 pips EUR/USD) wide for active traders
$1,000 minimum on the Prime ECN account
No cTrader or TradingView integration
Research tools are basic
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
BDSwiss and NAGA remain closely matched on regulation and platform access, but differ clearly in phone support, inactivity fees, and raw spreads.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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