In this comparison, FXTM and NAGA clash over stock access tools, platform choices, and regulatory scope, highlighting distinct strengths for different trading needs.
FXTM and NAGA are closely matched, but NAGA offers a stock screener that FXTM does not.
Find out which stock broker best suits your investing profile.
Choose FXTM if…
FXTM: Choose FXTM if you value phone support and strong multi-regulator oversight. NAGA: Choose NAGA if you want a stock screener and access to more exchanges.
Choose NAGA if…
FXTM: Choose FXTM if you value phone support and strong multi-regulator oversight. NAGA: Choose NAGA if you want a stock screener and access to more exchanges.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
FXTM benefits from FCA and CySEC oversight, offering cross-jurisdiction protection.
| Editorial score | 3.7/ 5 | 3.7/ 5 |
|---|---|---|
| Min deposit | No minimum | No minimum |
| Spreads from | 1.5 pips | 0.7 pips▼ lower |
| Commission / lot | N/A | N/A |
| Inactivity fee | None | $10/month (after 90 days) |
| Deposit fee |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | FXTM | 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 | Fail | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Fail | Fail |
| Phone support | Pass | Fail |
FXTM and NAGA share the same editorial score of 3.7/5. One concrete differentiator: NAGA has tighter spreads from 0.7 pips.
NAGA lists tighter spreads from 0.7, compared with FXTM's 1.5. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
Neither FXTM nor NAGA requires a minimum deposit, making both accessible regardless of starting capital.
Both FXTM 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.
FXTM 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.
FXTM supports MetaTrader 5, MetaTrader 4, while NAGA supports MetaTrader 5, NAGA Trader. Both provide MetaTrader 5. FXTM has exclusive access to MetaTrader 4. NAGA has exclusive access to NAGA Trader.
Neither FXTM 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 FXTM 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.
NAGA wins with a proprietary platform and Autocopy stock trading integration.
NAGA appeals to beginners via Autocopy and social trading features.
Equally matched; neither offers fractional shares, DRIP, or IPO access.
| Free |
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPay | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPay | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal fee | Free | Free |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | No | No |
|---|
| Extended hours | No | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | FCA FSCA CySEC FSC | FSCA BaFin CySEC |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | MetaTrader 5 NAGA Trader |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
Score 3.7 / 5
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