This comparison pits Fidelity's cost-free stock and funds ecosystem against NAGA's social trading platform and regulated CFD offering, highlighting tension between long-term investing and interactive trading.
Find out which stock broker best suits your investing profile.
Choose if…
Choose Fidelity if you want commission-free trading and strong long-term investing options.
Choose if…
Choose NAGA if you prefer social trading and regulated CFDs with copy features.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
| Editorial score | 4.6/ 5 | 3.7/ 5 |
|---|---|---|
| Min deposit | N/A | No minimum |
| Spreads from | N/A | 0.7 pips |
| Commission / lot | N/A | N/A |
| Inactivity fee | None | $10/month (after 90 days) |
| Deposit fee | Free |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Fidelity | NAGA |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Fail | Pass |
| Costs | ||
| Commission-free trading | Pass | Fail |
| No deposit fee | Pass | — |
| Features | ||
| Fractional shares | Pass | Fail |
| Dividend reinvestment (DRIP) | Pass | Fail |
| Extended hours trading | Pass | 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 |
Fidelity rates 4.6/5 versus 3.7/5 for NAGA. Fidelity edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
NAGA starts from 0.7. Current spread data is not available for Fidelity. Check both brokers' websites for up-to-date spread and commission pricing.
NAGA requires no minimum deposit required. Minimum deposit information is not currently available for Fidelity.
Both Fidelity 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, NAGA provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
Fidelity lists maximum leverage of 1:4, 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.
Fidelity supports Active Trader Pro, Proprietary Web/Mobile, while NAGA supports MetaTrader 5, NAGA Trader. Fidelity has exclusive access to Active Trader Pro and Proprietary Web/Mobile. NAGA has exclusive access to MetaTrader 5 and NAGA Trader.
Fidelity offers commission-free stock trading while NAGA does not according to our data. Commission-free trading can reduce costs for frequent traders. Always confirm the current fee structure directly on each broker's website.
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.
Fidelity wins for low-cost trading due to commission-free stock and ETF trades.
Fidelity leads safety & regulation with SEC/FINRA oversight and excess SIPC coverage.
Fidelity is best for long-term investors due to zero expense ratio index funds and DRIP.
Fidelity wins for active traders with Active Trader Pro and advanced tools.
NAGA wins for beginners due to Autocopy social trading.
NAGA wins for global market access with CFDs across US, UK, and Europe.
| Free |
| Deposit methods | Bank transferACHWire transferCheque | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferACHWire transferCheque | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal fee | Free EFT; $10 wire transfer | Free |
|---|
| Commission-free | Yes | No |
|---|
| Fractional shares | Yes | No |
|---|
| Dividend reinvestment | Yes | No |
|---|
| Extended hours | Yes | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | SEC FINRA | CySEC FSCA BaFin |
|---|
| Platforms | Active Trader Pro Proprietary Web/Mobile | MetaTrader 5 NAGA Trader |
|---|
| Active bonuses | 2 offers | None |
|---|
Fidelity is the overall winner, outpacing NAGA on editorial score. Fidelity's commission-free trading and deep long-term investing options justify the lead.
Dig deeper into each broker’s features, fees, and regulation.
Score 4.6 / 5
Score 3.7 / 5
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