easyMarkets vs NAGA Forex Broker Comparison
A head-to-head comparison of easyMarkets and NAGA across regulation, trading costs, platforms, and editorial scoring.
Score 3.9 / 5
2 bonusesFixed spreads, unique risk management tools (dealCancellation, freeze rate), and a very low $25 minimum deposit make easyMarkets accessible for risk-averse traders.
VS
BaFin-regulated German-headquartered social trading broker with a purpose-built copy trading ecosystem - NAGA Trader merges a social feed, ranked traders, and one-click copy into a single platform.
Our Verdict
NAGA winsby 0.1 pts
NAGA edges ahead with a score of 4/5 vs easyMarkets's 3.9/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
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
It's a tie
Both equally suited
Both brokers offer spreads from 0.7 pips.
Best for safety & regulation
It's a tie
Both equally suited
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Best for platform choice
Recommended
easyMarkets offers more exclusive platform options: MetaTrader 4, Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
NAGA edges out easyMarkets with a higher editorial score (4/5 vs 3.9/5), indicating a stronger overall experience for new traders.
easyMarkets vs NAGA: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.9/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.9 / 5 | 4.3 / 5▲ |
Fees & Spreads 30% weight | 3.8 / 5 | 3.8 / 5 |
Platforms & Tools 20% weight | 4.0 / 5 | 4.2 / 5▲ |
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
| Founded | 2001 | 2015 |
| Headquarters | Limassol, Cyprus | Hamburg, Germany |
| Min deposit | $25 | $50 |
| Spreads from | 0.7 pips | 0.7 pips |
| Commission / lot | N/A | N/A |
| Max leverage | 400:1 | 400:1 |
| Withdrawal fee | Free | Free |
| Regulators | ASIC CySEC CNV MNB HCMC | FSCA CySEC BaFin |
| Platforms | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile | MetaTrader 5 NAGA Trader |
| Active bonuses | ||
| Visit broker | Visit easyMarkets | Visit NAGA |
easyMarkets vs NAGA Forex Broker Pros & Cons
Pros
Fixed spreads with no-slippage guarantee on web platform
Unique dealCancellation feature to undo losing trades
Very low $25 minimum deposit
CySEC, ASIC regulated
Client funds held in segregated accounts
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
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
Fixed spreads are wider than ECN variable spread accounts
Proprietary platform feels dated compared to MT4/MT5
Limited research tools
Limited charting capabilities
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
easyMarkets vs NAGA: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
easyMarkets
criteria wins
1
NAGA
criteria win
Highlighted rows show where the two brokers differ
| Criteria | easyMarkets | 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 | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
easyMarkets vs NAGA: Frequently Asked Questions
Based on our independent editorial scoring, NAGA ranks higher with a score of 4/5 vs 3.9/5 for easyMarkets. The best choice still depends on your individual trading needs; easyMarkets and NAGA may each suit different trader profiles.
Both easyMarkets and NAGA offer spreads starting from 0.7 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
easyMarkets has a lower minimum deposit of $25, while NAGA requires at least $50. This makes easyMarkets more accessible for traders with limited starting capital.
Both easyMarkets and NAGA hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: easyMarkets has a lower minimum deposit ($25), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
easyMarkets offers maximum leverage of 400:1, while NAGA offers up to 400:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
easyMarkets supports MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile and NAGA offers MetaTrader 5, NAGA Trader; both support MetaTrader 5; easyMarkets exclusively offers MetaTrader 4, Proprietary Web/Mobile; NAGA exclusively offers NAGA Trader.
Ready to get started?
Open an account directly with the broker that suits you best.
Score 3.9 / 5
More Broker Comparisons
More easyMarkets comparisons
Personalised recommendation
Not sure which broker is right for you?
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