This comparison overview helps individuals who have a hard time to select in between Naga and Tickmill to find the best online broker for their trading and investment needs. It analyzes the main features of both brokers alongside to aid customers compare their solution and make an educated decision.
To aid users pick the appropriate broker between Naga and Tickmill to locate the best-suited platform, listed below is a checklist of broker’s benefits and drawbacks, complied with by a comparison of their primary trading attributes, consisting of trading systems & devices, charges, mobile trading, down payment & withdrawal, possessions, policy, and consumer support.
Naga vs. Tickmill: Summary
NAGA is a forex and CFD broker regulated by two tier-one regulators (the CySEC and BAFIN). They offer users access to over 1,000 financial instruments including forex currencies, shares, cryptos, commodities, ETFs and indices. Naga users can choose between various platforms including its own proprietary platform and MetaTrader 4 and MetaTrader 5. The broker additionally offers social trading features, which makes it a common choice among beginner traders.
Naga’s trading fees are average compared to other forex and CFD brokers (Pepperstone, AvaTrade and eToro). The broker also features an extensive education section which includes the NAGA Academy, NAGA Learn, and the Currencies Encyclopedia.
NAGA’s customer support is available through email and live chat in English, Arabic, and over 10 other languages.
Tickmill is a reputable multi-asset broker founded in 2014. It is regulated by two tier-one regulators (the FCA and MiFIDI) and is considered safe. The broker offers access to 700+ trading instruments including CFD on forex, cryptos, commodities and bonds.
Although Tockmill has an professional grade proprietary platform, they offer access to third party platforms and plugins including MetaTrader (MT4 and MT5), CQG platforms for options trading and TradingView charting addons. Education, research and market coverage are industry average.
Tickmill offers the lowest pricing in the industry for active traders. Their pricing on Classic accounts is industry average.
Pros
- Access to 1,000 + financial instruments
- Compatible with MT4, MT5 and TradingCentral
- Up to 1:30 leverage
- Excellent copy trading features
- Fast account opening
Cons
- High fees on forex and CFDs
- Not DFSA-regulated
Pros
- Low minimum deposit ($100)
- Low average spreads from 0.54 pips EUR/USD
- Compatibility with MetaTrader 4, 5 and TradingView
- Free $30 no deposit bonus for beginners
- Futures and options trading via CQG trading platform
Cons
- Only offers CFDs
- No Islamic swap-free accounts available
Key features
- 1,000 + financial instruments including crypto and NFTs from one account
- Various trading platforms (MT4, MT5, TradingCentral, AlgoTrader)
- Copy trading features
- Two tier-one licenses (CySEC and BaFIN)
- Instant withdrawals to e-wallets and crypto wallets
- Up to 1:30 leverage
Key features
- Wide range of CFDs markets
- Advanced TradingView charting add-ons
- Real-time market sentiment data directly from the Dow Jones news feed
- Free access to Tickmill VPS and Autochartist
- Low average spread (0.54 pips EUR/USD)
Naga vs. Tickmill Comparison
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Naga
Tickmill
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 30:1 | 1:500 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | $5.00 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | Futures $0.85 per contract |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 1.7 | 0 |
| Stocks & ETF | $6 per trade | 0 |
| CFD (Gold) | 45 | 0 |
| Crypto | 0 | 0 |
| Options | 0 | $1.30 per contract |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $250.00 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 375 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 240 |
| Futures | 0 | 800 |
| Bonds | 0 | 0 |
| Forex Instruments | 49 | 62 |
| CFD Indices & Funds | 31 | 26 |
| CFD Stocks | 448 | 0 |
| CFD Commodities | 7 | 3 |
| CFD Crypto | 32 | 8 |
| CFD Bonds | 0 | 4 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Naga vs. Tickmill Comparison Conclusion
The outcomes of our comparison of Naga vs. Tickmill are wrapped up in the table listed below.
| Broker: | Best For: |
| Naga | Forex and CFDs; Social trading |
| Tickmill | CFD trading; High volume traders |
Selecting the ideal selection between Naga and Tickmill can be tough. Both on-line brokers have resemblances yet differ regarding trading tools, platforms & applications, law, down payment & withdrawals, and study and education. Picking the best broker depends upon individuals’ trading & investment objectives, specific choices, and experience degree.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.