CMC Marketsvs
NAGAStock Broker Comparison
In this head-to-head, two CFD specialists compete on regulation, platform depth, and exchange access. The tension centers on broad access and advanced tools versus social trading features.
Our Verdict
CMC Markets winsby 0.3 pts
CMC Markets edges NAGA with a higher editorial score (4.0 vs 3.7) and stronger platform tools.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1CMC Markets offers 24/5 live chat support.
- 2CMC Markets provides access to 20 exchanges vs 10 for NAGA.
- 3NAGA provides Autocopy social trading and 600+ stock CFDs.
Who should choose CMC Markets vs NAGA?
Find out which stock broker best suits your investing profile.
Choose CMC Markets if…
Choose CMC Markets if you want 24/5 live chat support.
Choose NAGA if…
Choose CMC Markets if you value phone support. Choose NAGA if you value Autocopy real-time proportional copying of equity portfolios. Choose NAGA if you prefer a 600+ stock CFD universe and social trading.
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
It’s a tie
Both equally suited
CMC Markets wins with FCA/ASIC/BaFin/FMA/DFSA oversight and strong regulation.
Best for active traders
Recommended
CMC Markets vs NAGA: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.0/ 5 | 3.7/ 5 |
| Min deposit | No minimum | No minimum |
| Spreads from | 0.7 pips | 0.7 pips |
| Commission / lot | N/A | N/A |
| Inactivity fee | £10/month (after 12 months) | $10/month (after 90 days) |
| Deposit fee | Free |
CMC Markets vs NAGA Stock Broker Pros & Cons
Pros
- 10,000+ share CFDs across UK, US, European, Asian, and Australian exchanges
- Next Generation platform with stock screener, pattern recognition, and Reuters news
- LSE-listed company, strong financial transparency and FCA/ASIC regulation
- Short selling on shares available, go long or short on 10,000+ equities
Cons
- CFDs only, no real share ownership, ISA wrapper, or dividend reinvestment
CMC Markets vs NAGA: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
CMC Markets
criteria wins
0
NAGA
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | CMC Markets | NAGA |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | 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 | Pass | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
CMC Markets vs NAGA: Frequently Asked Questions
The scores are close: CMC Markets rates 4/5 and NAGA rates 3.7/5. CMC Markets 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.
Both CMC Markets and NAGA start from the same spread of 0.7. For stock trading, also compare per-trade or per-share commissions to determine the total cost per transaction.
Neither CMC Markets nor NAGA requires a minimum deposit, making both accessible regardless of starting capital.
Both CMC Markets 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
CMC Markets lists maximum leverage of 20:1, 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.
CMC Markets supports ProRealTime, Proprietary Web/Mobile, MetaTrader 4, while NAGA supports MetaTrader 5, NAGA Trader. CMC Markets has exclusive access to ProRealTime and Proprietary Web/Mobile and MetaTrader 4. NAGA has exclusive access to MetaTrader 5 and NAGA Trader.
Neither CMC Markets 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.
Both CMC Markets and NAGA are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
