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Side-by-Side Comparison Independent Updated Apr 19, 2026

NAGA vs Windsor Brokers 2026: Which Broker is Better?

Choosing between NAGA and Windsor Brokers depends on your trading style, preferred markets, and budget. NAGA is headquartered in Hamburg, Germany, while Windsor Brokers operates from Limassol, Cyprus. Windsor Brokers has the longer track record, established in 1988, 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

Windsor Brokers

Higher ratedNAGA logo

NAGA

3.5/ 5
Visit NAGA →Full review
VS
NAGAWindsor Brokers
BrokerRank Score3.5/5 ✓3.2/5
Min. Deposit$250$100 ✓
Spread from0.7 pips0 pips ✓
Max Leverage1:5001:500
RegulationCySECCySEC, FSA ✓
PlatformsProprietary Web, Proprietary Mobile, MT4MT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
Windsor BrokersNAGA
Best for Low Fees
Windsor BrokersNAGA
Best for Regulation
Windsor BrokersNAGA
Best Overall
NAGAWindsor Brokers
Quick Answer

NAGA is the better choice overall, scoring 3.5/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Windsor Brokers offers lower spreads (0 pips).

See full side-by-side comparison below

NAGA vs Windsor Brokers: Key Differences

Feature

NAGA

Windsor Brokers

Winner
Our Rating
3.5 / 5
3.2 / 5
Min. Deposit
$250
$100
Max Leverage
Spread From
0.7 pips
0 pips
Commission
None
$3/lot
Regulated By
Platforms
Proprietary Web, Proprietary Mobile, MT4, MT5
MT4, MT5
Markets
Stocks, Forex, Cfd, Crypto, Indices, Commodities
Forex, Cfd, Indices, Commodities, Stocks
Founded
2015
1988
Headquarters
Hamburg, Germany
Limassol, Cyprus
Score
2 / 5
3 / 5

Fees Comparison

Fee

NAGA

Windsor Brokers

Spread From
0.7 pips
0 pips
Commission
None
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

NAGA holds licences from CySEC. Windsor Brokers is regulated by CySEC, FSA.

Markets & Assets

Both brokers offer access to Stocks, Forex, Cfd, Indices markets. NAGA additionally covers Crypto. Windsor Brokers adds Commodities.

Fees & Spreads

On spreads, Windsor Brokers 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. Windsor Brokers offers MT4, MT5. Both brokers are available on MT4, MT5.

Minimum Deposit

NAGA requires a minimum deposit of $250, while Windsor Brokers sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores NAGA at 3.53/5 and Windsor Brokers at 3.21/5, 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 Windsor Brokers's 3.21/5. Windsor Brokers offers comparable regulatory coverage. Windsor Brokers has a fees advantage with 0.0 pip spreads. Traders with smaller budgets may find Windsor Brokers's lower minimum deposit of $100 more accessible. Windsor Brokers 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

Top pick

Choose NAGA if you want…

  • Higher overall rating (3.5/5)
  • No per-trade commission
  • More market types (6)
  • More platforms (4 supported)
Windsor Brokers

Windsor Brokers

3.2/5

Choose Windsor Brokers if you want…

  • Tighter spreads (from 0 pips)
  • Lower minimum deposit ($100)
  • More regulatory licences (2)
  • More established (est. 1988)

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80% of retail CFD accounts lose money.

Both NAGA & Windsor Brokers are available in

Frequently Asked Questions

1

Is NAGA better than Windsor Brokers?

NAGA scores higher overall on our independent rating system. NAGA holds a 3.5/5 rating vs Windsor Brokers's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, NAGA or Windsor Brokers?

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

3

What is the minimum deposit for NAGA vs Windsor Brokers?

NAGA requires a minimum deposit of $250. Windsor Brokers requires $100.

4

Which broker is safer, NAGA or Windsor Brokers?

NAGA is regulated by CySEC, while Windsor Brokers holds licences from CySEC, FSA.

5

What trading platforms do NAGA and Windsor Brokers support?

NAGA supports Proprietary Web, Proprietary Mobile, MT4, MT5. Windsor Brokers supports MT4, MT5.

6

Can I use both NAGA and Windsor Brokers?

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

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