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Side-by-Side Comparison Independent Updated Oct 2, 2026

NAGA vs UOB Kay Hian 2026: Which Broker is Better?

Choosing between NAGA and UOB Kay Hian depends on your trading style, preferred markets, and budget. NAGA is headquartered in Hamburg, Germany, while UOB Kay Hian operates from Singapore. UOB Kay Hian has the longer track record, established in 1973, compared to NAGA which was founded in 2015. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

NAGA

UOB Kay Hian

NAGAUOB Kay Hian
BrokerRank Score3.5/53.6/5 ✓
Min. Deposit$250$0 ✓
Spread from0.7 pips0 pips ✓
Max Leverage1:500 ✓1:5
RegulationCySECMAS, SFC ✓
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile, UTRADE
Quick VerdictBrokerRank recommends
Best for Beginners
UOB Kay HianNAGA
Best for Low Fees
UOB Kay HianNAGA
Best for Regulation
UOB Kay HianNAGA
Quick Answer

NAGA (3.5/5) and UOB Kay Hian (3.6/5) are closely matched. UOB Kay Hian has lower spreads; the better pick depends on your priorities.

See full side-by-side comparison below

NAGA vs UOB Kay Hian: Key Differences

Feature

NAGA

UOB Kay Hian

Winner
Our Rating
3.5 / 5
3.6 / 5
Min. Deposit
$250
$0
Max Leverage
Spread From
0.7 pips
0 pips
Commission
None
$0.18/lot
Regulated By
MASSFC
Platforms
Proprietary Web, Proprietary Mobile, MT4, MT5
Proprietary Web, Proprietary Mobile, UTRADE
Markets
Stocks, Forex, Cfd, Crypto, Indices, Commodities
Stocks, Etf, Indices, Forex
Founded
2015
1973
Headquarters
Hamburg, Germany
Singapore
Score
1 / 4
3 / 4

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Fees Comparison

Fee

NAGA

UOB Kay Hian

Spread From
0.7 pips
0 pips
Commission
None
$0.18/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

NAGA holds licences from CySEC. UOB Kay Hian is regulated by MAS, SFC.

Markets & Assets

Both brokers offer access to Stocks, Forex, Indices markets. NAGA additionally covers Cfd, Crypto. UOB Kay Hian adds Etf.

Fees & Spreads

On spreads, UOB Kay Hian is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.7 pips at NAGA.

Trading Platforms

NAGA supports Proprietary Web, Proprietary Mobile, MT4, MT5. UOB Kay Hian offers Proprietary Web, Proprietary Mobile, UTRADE. Both brokers are available on Proprietary Web, Proprietary Mobile.

Minimum Deposit

NAGA requires a minimum deposit of $250, while UOB Kay Hian sets no minimum deposit. This makes UOB Kay Hian accessible to traders with any budget.

Overall Ratings

BrokerRank scores NAGA at 3.53/5 and UOB Kay Hian at 3.31/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. NAGA leads overall with a clear advantage.

BrokerRank Verdict

NAGA is our recommended pick in this comparison, scoring 3.53/5 versus UOB Kay Hian's 3.31/5. UOB Kay Hian offers comparable regulatory coverage. UOB Kay Hian has a fees advantage with 0.0 pip spreads. Traders with smaller budgets may find UOB Kay Hian's lower minimum deposit of $0 more accessible. UOB Kay Hian is still a solid option for traders who prioritise regulatory breadth across multiple jurisdictions, but NAGA offers a stronger overall package for the majority of traders.

Who Should Choose Which?

NAGA

NAGA

3.5/5

Choose NAGA if you want…

  • No per-trade commission
  • Higher leverage (up to 1:500)
  • More market types (6)
  • More platforms (4 supported)
UOB Kay Hian

UOB Kay Hian

3.6/5

Top pick

Choose UOB Kay Hian if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
  • More regulatory licences (2)
  • More established (est. 1973)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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80% of retail CFD accounts lose money.

Both NAGA & UOB Kay Hian are available in

Frequently Asked Questions

1

Is NAGA better than UOB Kay Hian?

NAGA (3.5/5) and UOB Kay Hian (3.6/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.

2

Which has lower fees, NAGA or UOB Kay Hian?

NAGA offers spreads from 0.7 pips, while UOB Kay Hian starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for NAGA vs UOB Kay Hian?

NAGA requires a minimum deposit of $250. UOB Kay Hian requires $0.

4

Which broker is safer, NAGA or UOB Kay Hian?

NAGA is regulated by CySEC, while UOB Kay Hian holds licences from MAS, SFC.

5

What trading platforms do NAGA and UOB Kay Hian support?

NAGA supports Proprietary Web, Proprietary Mobile, MT4, MT5. UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE.

6

Can I use both NAGA and UOB Kay Hian?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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