Two brokers face off in stock CFDs and social trading. The clash centers on regulation, platform depth, and how each supports copy strategies and global equity access.
NAGA and ThinkMarkets are closely matched overall, with ThinkMarkets offering 24/5 live chat and phone support that NAGA lacks.
Find out which stock broker best suits your investing profile.
Choose NAGA if…
Choose NAGA if you want Autocopy social trading and CySEC-regulated share CFDs across 600+ stocks.
Choose ThinkMarkets if…
Choose ThinkMarkets if you want 24/5 live chat and phone support and 3,000+ share CFDs across global markets.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
ThinkMarkets wins safety & regulation with FCA and ASIC dual Tier 1 oversight.
| Editorial score | 3.7/ 5 | 3.8/ 5 |
|---|---|---|
| Min deposit | No minimum | No minimum |
| Spreads from | 0.7 pips | 0.4 pips▼ lower |
| Commission / lot | N/A | $7/lot |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | NAGA | ThinkMarkets |
|---|---|---|
| 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 | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Fail | Pass |
| Phone support | Fail | Pass |
The scores are close: NAGA rates 3.7/5 and ThinkMarkets rates 3.8/5. ThinkMarkets 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.
ThinkMarkets lists tighter spreads from 0.4, 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.
Neither NAGA nor ThinkMarkets requires a minimum deposit, making both accessible regardless of starting capital.
Both NAGA and ThinkMarkets 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.
NAGA lists maximum leverage of 20:1, while ThinkMarkets 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.
ThinkMarkets charges $7 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.
NAGA supports MetaTrader 5, NAGA Trader, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 5. NAGA has exclusive access to NAGA Trader. ThinkMarkets has exclusive access to Proprietary Web/Mobile and TradingView and MetaTrader 4.
Neither NAGA nor ThinkMarkets 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 NAGA and ThinkMarkets 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.
ThinkMarkets suits active traders with MT4/MT5 and ThinkTrader.
Equally matched; both provide social copy features for beginners.
ThinkMarkets offers broader access with 12 exchanges compared to NAGA's 10.
ThinkMarkets is better for low-cost trading due to the higher Fees & Spreads score.
Equally matched since neither offers fractional shares or DRIP.
| N/A |
| 1.1 pips |
| Inactivity fee | $10/month (after 90 days) | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | 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 | FSCA BaFin CySEC | FSCA JFSA FCA ASIC |
|---|
| Platforms | MetaTrader 5 NAGA Trader | MetaTrader 5 Proprietary Web/Mobile TradingView MetaTrader 4 |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
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