Tickmill
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61% of retail CFD accounts lose money.

Vs.

NAGA
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75.63% of retail CFD accounts lose money.

Tickmill Vs. NAGA - Compare and Choose the Right One

Updated May 13 2022

Visit

61% of retail CFD accounts lose money.

Visit

75.63% of retail CFD accounts lose money.

Overview

Tickmill is an international CFD broker headquartered in Cyprus that specialises in currency trading paired with MetaTrader 4 and 5 platforms.

Naga is an international broker belonging to the NAGA Group A.G, a publicly listed company in the Frankfurt stock exchange. Their specialty is social and copy trading of both real stocks and ETFs along with CFDs on all major asset classes.

Best For
  • Professional currency traders looking to exploit their account offering with low spreads
  • Traders familiar with both MetaTrader 4 or 5 platforms with the intent to trade currencies
  • Beginners looking to explore copy and social trading in detail
  • Passive investors looking to buy real stocks or ETFs
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

4

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FSA (Seychelles)
  • FCA (UK)
  • FSA (Labuan)
  • FSCA (South Africa)
  • CySec (Cyprus)
The Good
  • Very low and competitive spreads depending on the account type
  • Leverage can be either removed or customised for the whole account
  • Gamified social trading platform full of features and very responsive
  • Independent services such as cryptocurrency wallet or Naga Pay which provides a debit card and banking functionality
The Bad
  • Extremely low asset offering (over 80+ instruments in total)
  • All of Tickmill’s assets are CFDs (users can’t purchase real stocks or ETFs)
  • There is no way to easily understand which is the leverage factor being applied per asset
  • Asset offering is not that comprehensive when compared to similar competitors
  • An overall feeling of playing a game in a fun-app
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)
  • All documents must be under the account holder's name.

    • Valid identity document (Passport, ID Card, etc)
    • Valid proof of residence document (Bank statement, utility bills)

    All documents must be under the account holder's name.

    📍 Year Founded
    2014 2015
    💳 Minimum Deposit
    $, €, £ - 100 $250
    💰 Payment Methods
    • Bank Transfer
    • Visa
    • Mastercard
    • Skrill
    • Neteller
    • DotPay
    • Paypal
    • Visa
    • Mastercard
    • Neteller
    • Skrill
    • GiroPay
    • Klarna
    • EPS
    • Przelewy24
    • EuroBank
    • KB
    💵 Account Base Currencies
    4 - USD, EUR, GBP, PLN

    4 - EUR, GBP, USD, PLN.

    🗽 Available to U.S Citizens
    No No
    ❌ Restricted Countries
    US, CA, SY, IR.

    US, CA, SY, IR.

    📊 STP Account
    No No
    📊 DMA Account
    No Yes
    📊 ECN Account
    No No
    Assets
    📚 Available Assets

    CFDs on currencies, indices, commodities, bonds and cryptocurrencies

    • Real Stocks and ETFs
    • CFDs on currencies, commodities, indices, futures, cryptocurrencies, stocks and ETFs.
    📙 Stocks
    N/A 700+
    📘 Currency Pairs
    62 80+
    📗 Commodities
    4 4
    📕 Indices
    14 20+
    📔 ETFs
    N/A 17
    💸 Cryptocurrencies
    3 37
    📒 Bonds
    4 N/A
    📓 Options
    N/A N/A
    📗 Futures
    N/A 22
    📝 Notes:

    Tickmill’s asset offering is exclusively made of CFDs.

    NAGA provides either real stocks and ETFs along with CFDs on all major asset classes.

    Trading Experience
    📈 Minimum Stock Trade Size
    N/A Varies per Stock
    📉 Minimum ETFs Trade Size
    N/A Varies per ETF
    📈 Minimum Crypto Trade Size
    $1,000 (0.01 Lots) Varies per Cryptocurrency
    📉 Minimum FX Trade Size
    $1,000 (0.01 Lots) $1,000 (0.01 Lots)
    📈 Minimum Commodities Trade Size
    $1,000 (0.01 Lots) Varies per Commodity
    📉 Minimum Bonds Trade Size
    $1,000 (0.01 Lots) N/A
    📈 Minimum Futures Trade Size
    N/A Varies per Future
    📉 Minimum Options Trade Size
    N/A N/A
    💪 Retail Leverage
    Up to 1:30 Up to 1:30
    💪 Professional Leverage
    Up to 1:500 Up to 1:500
    ✍ Customisable Leverage
    Yes, for the whole account. No
    🎲 Deleveraged Trading
    Yes Yes
    🎓 Demo Account
    Yes Yes
    📱 IOS App
    Yes (only for account management) Yes
    📱 Android App
    Yes (only for account management) Yes
    📺 MetaTrader 4
    Yes Yes
    📺 MetaTrader 5
    Yes Yes
    💻 Web trader
    Yes Yes
    💻 TradingView Platform
    No Yes
    💻 Proprietary Platform
    No Yes
    📊 Multi-chart Tools
    Yes Yes
    👬 Copy Trading
    Yes Yes
    👫 Social Trading
    No Yes
    🔑 Guaranteed Stop-loss
    No No
    🔨 Trailing Stop-loss
    No No
    Fees
    💰 Inactivity Fee
    No No
    💰 Deposit Fees
    No No
    💰 Withdrawal Fees
    No

    Yes, from 0 to $5 depending on your account level.

    💰 Commissions

    Depending on account type:

    • Classic account has no commissions
    • Pro account has a commission of 2 units of your base currency round turn per lot
    • VIP account has a commission of 1 unit of your base currency round turn per lot 

    Yes depending on asset (Eg: 0.99 € for stocks in-and-out)

    Spreads
    📈 EUR/USD

    From 0 pips up to 1.6 Pips (Depending on account type)

    Dynamic - From 1.7 Pips
    📉 SP500
    From 39 Pips Dynamic - Market Spread
    📈 GOLD
    From 24 Pips Dynamic - From 36 Pips
    📉 TSLA (Stock CFD)
    N/A Dynamic - Market Spread
    📈 XLK (ETF - CFD)
    N/A Dynamic - Market Spread
    📉 BTC
    Dynamic - From $128.2 Dynamic - From $130
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes Yes
    📜 Integrated Newsfeed
    No No
    📡 Reuters Feed
    No No

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