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1v1 Institutional Counterparty Comparison

NAGA Markets Europe Ltd vs ShellBoxes: Regulation, 6D Ratings & Safety Audit

Deterministic head-to-head benchmarking of NAGA Markets Europe Ltd (NAGA Markets Europe Ltd) and ShellBoxes (ShellBoxes) across primary regulatory filings, statutory Tier-1 authorisations, 6-Dimension compliance scores, execution software, and warning exposure.

Coverage: Selected forex and CFD broker records: Europe

NAGA Markets Europe Ltd 6D Score
—
ShellBoxes 6D Score
5.0
Regulated Licences
2 vs 0
Warning Flags
0 vs 0
DETERMINISTIC QUANTITATIVE VERDICTCanonical Pair: naga-markets-europe-ltd-2740-vs-shellboxes

ShellBoxes outranks NAGA Markets Europe Ltd by +5.0 pts in composite 6D scoring (5.0 vs —)

On supervisory breadth, NAGA Markets Europe Ltd holds 2 active regulated licence(s) (0 Tier-1) out of 2 total filings and 0 warning count(s), whereas ShellBoxes holds 0 active regulated licence(s) (0 Tier-1) out of 0 total filings and 0 warning count(s). Allocators should inspect the individual licence numbers and contracting legal entities below before onboarding.

6-Dimension Quantitative Scorecard Comparison

Head-to-head breakdown across all 6 proprietary evaluation dimensions (0.0–10.0 scale).

Evaluation DimensionMethodology WeightNAGA Markets Europe LtdShellBoxesScore DeltaDimension Leader
Overall Composite 6D Score100% Composite—5.0+5.0ShellBoxes (Recorded)
Regulatory & Licensing Integrity (riskScore)30% Weight—5.0+5.0ShellBoxes (Recorded)
Execution & Software Infrastructure (industryScore)20% Weight4.03.0+1.0NAGA Markets Europe Ltd
User Reputation & Complaint Telemetry (userScore)20% Weight—0.0+0.0ShellBoxes (Recorded)
Institutional Brand Longevity (brandScore)15% Weight—5.0+5.0ShellBoxes (Recorded)
Global Market Influence & Footprint (influenceScore)15% Weight—5.0+5.0ShellBoxes (Recorded)

Visual Architecture Benchmark: NAGA Markets Europe Ltd vs ShellBoxes

Vector comparison exhibit generated from live supervisory snapshot metrics.

1v1 Institutional Counterparty Benchmark: NAGA Markets Europe Ltd vs ShellBoxes
Exhibit: Side-by-side regulatory and 6D quantitative comparison between NAGA Markets Europe Ltd and ShellBoxes.

Regulatory Standing, Entity & Platform Comparison

Structural comparison of supervisory authorisations, domicile, execution terminals, and risk telemetry.

Audit AttributeNAGA Markets Europe LtdShellBoxes
Primary Legal NameNAGA Markets Europe LtdShellBoxes
Source Risk ClassificationRisk level not suppliedRisk level not supplied
Active Regulated / Total Filings2 regulated / 2 total (0 Tier-1)0 regulated / 0 total (0 Tier-1)
Recorded Certificate NumbersNone on file
Registered Domicile / Address7, Ariadnis Street, Mouttagiaka, 4531, Limassol, CyprusHarju maakond, Tallinn, Kristiine linnaosa, Mustamäe tee 6b, 10616
Offered Asset Classes & ServicesMulti-asset financial servicesSmart contract security audit, blockchain security consulting, security training
Execution Software & TerminalsProprietary / Web PlatformProprietary / Web Platform
Supported Client LanguagesEnglishEnglish
Warning / Exposure Count0 recorded warning(s)0 recorded warning(s)
Specialized Sub-Page Audits

Compare NAGA Markets Europe Ltd and ShellBoxes against other regulated peers in our selected forex and cfd broker records: europe slice.

Frequently Asked Questions: NAGA Markets Europe Ltd vs ShellBoxes

Deterministic counterparty comparison answers derived from supervisory records.

Which institution has stronger regulatory oversight: NAGA Markets Europe Ltd or ShellBoxes?

NAGA Markets Europe Ltd holds more active regulated filings (2 vs 0). Specifically, NAGA Markets Europe Ltd maintains 2 total recorded filing(s) (CNMV, CYSEC) with 0 warning flag(s), whereas ShellBoxes maintains 0 recorded filing(s) (none on file) with 0 warning flag(s). Always confirm the specific subsidiary onboarding your account on the official regulator register.

How do the 6D quantitative compliance scores compare between NAGA Markets Europe Ltd and ShellBoxes?

In FXMacro Wire's 6-Dimension scoring matrix (0.0–10.0 scale), NAGA Markets Europe Ltd records an Overall Score of — (Risk & Licensing: —, Brand: —, Market Influence: —, User Reputation: —, Execution & Software: 4.0), compared with ShellBoxes at 5.0 Overall (Risk & Licensing: 5.0, Brand: 5.0, Market Influence: 5.0, User Reputation: 0.0, Execution & Software: 3.0).

How do NAGA Markets Europe Ltd and ShellBoxes differ in trading platforms and asset classes?

NAGA Markets Europe Ltd lists general financial services with execution software [proprietary/web execution], while ShellBoxes lists Smart contract security audit, blockchain security consulting, security training with execution software [proprietary/web execution]. Counterparties should verify FIX/API connectivity, server routing topology, and negative balance protection per entity.

Which counterparty carries lower regulatory warning and complaint exposure: NAGA Markets Europe Ltd or ShellBoxes?

NAGA Markets Europe Ltd carries a "Risk level not supplied" classification with 0 warning/exposure count(s) and 0 user comment(s), while ShellBoxes carries a "Risk level not supplied" classification with 0 warning/exposure count(s) and 0 user comment(s).

Structured against supervisory register snapshots and public regulatory filings. Verify your contracting legal entity and current authorisation status directly on the issuing regulator’s official register before transacting.

NAGA Markets Europe Ltd vs ShellBoxes (2026) — Regulation, 6D Score, Safety & Fee Comparison | FXMacro Wire