easyMarkets
Naga
easyMarkets vs Naga
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
easyMarkets and Naga are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. easyMarkets, founded in 2001 and headquartered in Limassol, Cyprus, is regulated by CySEC, ASIC, FSA, FSC BVI and offers spreads starting from 0.9 pips with a minimum deposit of $25. Naga, established in 2015 in Hamburg, Germany, holds licenses from CySEC with spreads from 0.7 pips and a $50 minimum deposit. In our hands-on testing across 8 scoring categories, easyMarkets scored 7.5/10 overall compared to Naga's 7.5/10, making it the stronger pick for most traders. That said, Naga holds its own with more research tools and wider product range, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
easyMarkets scores 7.5/10 overall vs 7.5/10 for Naga — a 0.0-point difference.
- 💵
easyMarkets requires just $25 to start, while Naga needs $50 — easyMarkets is 2x more accessible.
- 📈
Naga offers 950+ instruments vs 250+ at easyMarkets — a massive gap in market coverage.
- 🖥️
easyMarkets runs on MT4, MT5, easyMarkets App, TradingView, while Naga uses NAGA Platform, MT4, MT5 — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: easyMarkets scores 8.0 vs 7.0 for Naga — a 1.0-point difference.
Our Verdict
easyMarkets
Score: 7.5/10 · Wins 4 categories- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
Naga
Score: 7.5/10 · Wins 2 categories- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
- You prefer Naga's trading environment overall
easyMarkets takes the lead with an overall score of 7.5/10 compared to 7.5/10, winning in 4 out of 8 scoring categories. easyMarkets stands out for stronger regulation and superior education resources, while Naga fights back with more research tools and wider product range.
Detailed Verdict
After testing both brokers with real accounts, easyMarkets comes out ahead with a 7.5/10 overall rating, winning 4 out of 8 categories. Its strongest area is Platforms & Tools where it scores 8.0/10. easyMarkets holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Naga is not without merit — it scores 7.5/10 overall and excels in Platforms & Tools (8.0/10), winning 2 categories. Traders who value more research tools or wider product range may find Naga the better fit. For a complete breakdown, read our full easyMarkets review and Naga review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
easyMarkets wins by 1.0 points
easyMarkets wins by 0.5 points
easyMarkets wins by 0.5 points
Naga wins by 0.5 points
easyMarkets wins by 0.5 points
Naga wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.5/10 ✓ | 7.5/10 ✓ |
| Min Deposit Lower is better | $25 ✓ | $50 |
| Max Leverage | 1:2000 | 1:500 |
| Spreads From | 0.9 pips | 0.7 pips |
| Platforms | MT4, MT5, easyMarkets App, TradingView | NAGA Platform, MT4, MT5 |
| Regulation | CySEC, ASIC, FSA, FSC BVI | CySEC |
| Founded Older track record highlighted | 2001 ✓ | 2015 |
| Markets | 250+ | 950+ ✓ |
Fees & Costs
When it comes to trading costs, easyMarkets has the edge with a score of 7/10 versus 7/10 for Naga. easyMarkets offers spreads starting from 0.9 pips, while Naga starts from 0.7 pips. The minimum deposit at easyMarkets is $25, compared to $50 at Naga. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
easyMarkets scores 8/10 for platforms compared to 8/10 for Naga. easyMarkets provides MT4, MT5, easyMarkets App, TradingView, while Naga offers NAGA Platform, MT4, MT5. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. easyMarkets is regulated by CySEC, ASIC, FSA, FSC BVI (Tier 1), while Naga holds licenses from CySEC (Tier 1). easyMarkets scores 8/10 and Naga scores 7/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, easyMarkets leads with 7.5/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. easyMarkets and Naga both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
easyMarkets offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while Naga provides 24/5 Live Chat, Email with a score of 7/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
easyMarkets scores 8/10 for deposits and withdrawals, while Naga scores 7.5/10. easyMarkets accepts Bank Transfer, Credit Card, Debit Card, Skrill, Neteller, Bitcoin, PayPal, and Naga supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. easyMarkets requires a minimum deposit of $25 versus $50 for Naga. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose easyMarkets if you...
- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
- Fast and flexible deposits & withdrawals are important
Choose Naga if you...
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
- You prefer Naga's trading environment overall
🗳️ Which Broker Do You Prefer?
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Frequently Asked Questions
Is easyMarkets better than Naga?
easyMarkets scores higher overall (7.5/10 vs 7.5/10), winning 4 of 8 categories. However, Naga is stronger in more research tools and wider product range. The best choice depends on what matters most to your trading style.
Which has lower fees, easyMarkets or Naga?
easyMarkets scores higher for trading costs. easyMarkets offers spreads from 0.9 pips with a $25 minimum deposit, while Naga starts from 0.7 pips with $50 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is easyMarkets safe to trade with?
easyMarkets is regulated by CySEC, ASIC, FSA, FSC BVI and scores 8/10 for regulation. Naga is regulated by CySEC with a score of 7/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, easyMarkets or Naga?
easyMarkets scores 8/10 for platforms. easyMarkets offers MT4, MT5, easyMarkets App, TradingView, while Naga provides NAGA Platform, MT4, MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for easyMarkets vs Naga?
easyMarkets requires a minimum deposit of $25, while Naga requires $50. easyMarkets has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.