Exness targets a $1 minimum deposit and leverage up to 2000:1, while NAGA emphasizes social trading. Lineup contrasts low entry cost with high leverage against a built in social platform.
Exness edges ahead on editorial score due to strong regulation, low deposit requirements, and transparent pricing. NAGA remains competitive but trails in overall score.
Find out which broker best suits your trader profile.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Exness offers tighter spreads from 0.30 pips vs 0.70 pips for NAGA, reducing trading costs.
| Editorial score | 4.4/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.3 / 5 |
Pros
Near-unlimited leverage on offshore entity
Extremely low $1 minimum deposit on Standard account
Instant withdrawals available 24/7 including weekends
One of the world's highest-volume retail FX brokers
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Exness | 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 | Fail | 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: Exness rates 4.4/5 and NAGA rates 4/5. Exness 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.
Exness starts from 0.3 pips, tighter than NAGA's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Exness has $1, while NAGA requires at least $50. This makes Exness more accessible for traders with limited starting capital.
Both Exness 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: Exness requires a lower minimum deposit ($1), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Exness lists maximum leverage of 2000:1, 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.
Exness charges $3.5 per lot on commission-based accounts. Commission details for NAGA are not currently available. Check their website for up-to-date pricing.
Exness supports MetaTrader 5, MetaTrader 4, while NAGA supports MetaTrader 5, NAGA Trader. Both provide MetaTrader 5. Exness has exclusive access to MetaTrader 4. NAGA has exclusive access to NAGA Trader.
Equally matched; both offer segregated funds and multiple regulators.
Exness wins for active traders due to high leverage and fast withdrawals.
Exness is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.30 pips.
NAGA wins for platform choice with a proprietary platform and MT5.
Exness is better for beginners due to $1 deposit and no inactivity fee.
Fees & Spreads 30% weight | 4.6 / 5▲ | 3.8 / 5 |
|---|
Platforms & Tools 20% weight | 4.4 / 5▲ | 4.2 / 5 |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 4.0 / 5 |
|---|
| Founded | 2008 | 2015 |
|---|
| Headquarters | Limassol, Cyprus | Hamburg, Germany |
|---|
| Min Deposit | $1▼ lower | $50 |
|---|
| Spreads From | 0.3 pips▼ lower | 0.7 pips |
|---|
| Commission / lot | $3.5/lot | N/A |
|---|
| 0.65 pips | N/A |
| Max Leverage | 2,000:1 | 400:1▲ higher |
|---|
| Inactivity Fee | None | $10/month (after 90 days) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPerfect MoneyCryptoP2P | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerPerfect MoneyCrypto | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA FSCA OJK CySEC | FSCA BaFin CySEC |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | MetaTrader 5 NAGA Trader |
|---|
| Active bonuses |
|---|
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
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
Not available to US residents
EU clients face significant leverage restrictions
Unlimited leverage carries extreme risk for inexperienced traders
No proprietary platform
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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