Alpari Internationalvs
NAGAStock Broker Comparison
Two brokers compete on stocks CFDs: Alpari emphasizes a low minimum deposit and offshore regulation, while NAGA highlights regulated, social trading and broader exchange access.
Our Verdict
NAGA winsby 0.4 pts
NAGA leads overall on editorial score and regulatory depth. Alpari remains offshore-regulated, while NAGA offers broader exchange access and compensation protections.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1NAGA has BaFin, CySEC, and FSCA regulatory oversight.
- 2Alpari operates under FSC Mauritius and FSCA.
- 3NAGA provides compensation scheme and negative balance protection.
Who should choose Alpari International vs NAGA?
Find out which stock broker best suits your investing profile.
Choose Alpari International if…
Choose Alpari International if you want a $5 minimum deposit and MT4/MT5 with EA support.
Choose NAGA if…
Choose NAGA if you prefer no minimum deposit and Autocopy with 600+ stock CFDs.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for safety & regulation
Recommended
NAGA wins for stronger multi-regulator oversight (BaFin, CySEC, FSCA).
Best for active traders
Recommended
Alpari International vs NAGA: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 3.3/ 5 | 3.7/ 5 |
| Min deposit | $5 | No minimum▼ lower |
| Spreads from | 0 pips▼ lower | 0.7 pips |
| Commission / lot | $6/lot | N/A |
Alpari International vs NAGA Stock Broker Pros & Cons
Pros
- $5 minimum deposit, lowest barrier to entry for stocks CFD access
- MT4/MT5 with full EA support for automated equity strategies
- Wide global reach across CIS, Asian, and emerging markets
Cons
- Offshore regulation (FSC Mauritius), minimal investor protection
- Limited stock selection vs dedicated equity brokers
Alpari International vs NAGA: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Alpari International
criteria wins
4
NAGA
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Alpari International | NAGA |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Fail | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
Alpari International vs NAGA: Frequently Asked Questions
The scores are close: Alpari International rates 3.3/5 and NAGA rates 3.7/5. 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.
Alpari International lists tighter spreads from 0, compared with NAGA's 0.7. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
NAGA has no minimum deposit, while Alpari International requires at least $5. This makes NAGA more accessible for traders with limited starting capital.
NAGA holds top-tier regulation (FSCA, BaFin, CySEC), providing stronger investor protections. Alpari International 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.
Alpari International lists maximum leverage of 1000:1, while NAGA lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Alpari International charges $6 per trade on commission-based accounts. Commission details for NAGA are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
Alpari International supports MetaTrader 5, MetaTrader 4, while NAGA supports MetaTrader 5, NAGA Trader. Both provide MetaTrader 5. Alpari International has exclusive access to MetaTrader 4. NAGA has exclusive access to NAGA Trader.
Neither Alpari International nor NAGA is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
NAGA scores higher on investor protection criteria, with compensation scheme coverage and segregated client funds. For stock investors, confirming compensation scheme coverage ensures your assets are protected up to a defined limit if the broker becomes insolvent.
