Tickmill is a forex broker that offers low spreads, high leverage, fast execution and access to over 1000 CFD instruments, including stocks, indices, commodities, bonds and cryptocurrencies. Tickmill has group entities authorised and regulated by the UK Financial Conduct Authority (FCA) and the Seychelles Financial Services Authority (FSA).
NAGA is a social trading platform that allows you to trade and copy other traders with over 1000 assets available, including real stocks, commodities, ETFs, indices and cryptocurrencies. NAGA also offers free education, live webinars, trading signals and a mobile app. NAGA has group entities authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Seychelles Financial Services Authority (FSA).
Tickmill vs NAGA Regulation Comparison
Regulator
Tickmill
NAGA
UK FCA
Yes
No
Seychelles FSA
Yes
Yes
Cyprus CySEC
No
Yes
Tickmill vs NAGA Trading Assets Comparison
Asset Class
Tickmill
NAGA
Forex
60+ pairs
50+ pairs
Stocks & ETFs
500 CFDs
1000+ real stocks & ETFs
Indices
15+ CFDs
20+ CFDs
Commodities
6 CFDs (metals & energies)
10 CFDs (metals, energies & softs)
Bonds
2 CFDs (German & US)
No
Cryptocurrencies
4 CFDs (Bitcoin, Ethereum, Litecoin & Ripple)
10 CFDs + 24/7 trading
Tickmill vs NAGA Trading Fees Comparison
Fee Type
Tickmill
NAGA
Spreads
From 0.0 pips on Pro & VIP accounts; from 1.6 pips on Classic account
From 0.7 pips on EUR/USD; from 1.2 pips on GBP/USD; from 0.9 pips on USD/JPY
Commissions
$4 per lot round turn on Pro account; no commission on Classic & VIP accounts
$10 per lot round turn on forex & metals; $0.20 per lot round turn on indices; $0.10 per share on stocks & ETFs; no commission on cryptocurrencies
Swap Rates
Variable depending on the instrument and direction of the trade
Variable depending on the instrument and direction of the trade
Inactivity Fee
$25 per month after 12 months of inactivity
$10 per month after 90 days of inactivity
Tickmill vs NAGA Account Types Comparison
Account Type
Tickmill
NAGA
Minimum Deposit
$100 for Classic & Pro accounts; $50,000 for VIP account
$250 for all account types
Base Currencies
USD, EUR, GBP, ZAR
USD, EUR, GBP, PLN, CHF
Maximum Leverage
Up to 1:500 for forex; up to 1:100 for indices; up to 1:20 for stocks; up to 1:10 for commodities; up to 1:2 for cryptocurrencies
Up to 1:1000 for forex; up to 1:20 for indices; up to 1:10 for commodities; up to 1:5 for stocks & ETFs; up to 1:2 for cryptocurrencies
Yes (free and paid signals from selected providers)
Market Analysis
Yes (blog, webinars, videos)
Yes (blog, webinars, videos)
Signal Centre Tool
Yes (human and AI driven analysis with actionable trading ideas)
No
Tickmill vs NAGA. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals, risk appetite and budget. Both Tickmill and NAGA have their own pros and cons, you should compare them carefully before making a choice. Ultimately, the best forex broker for you is the one that fits your needs and expectations.
