IG Vs Naga

How IG and Naga Compare in 2025

IG or Naga who is better?

Compare IG Versus NAGA and IC Markets broker accounts.


Compare IG Vs Naga Side by Side

So you are looking for a broker, IG or Naga who should you choose?

When trading on financial markets you will want to know all about who IG or Naga are, and how they compare. You will naturally want to know how long IG and Naga have been in business and what reputation IG and Naga have. On top of this, you will need to discover if IG and Naga match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how IG and Naga compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of IG and Naga side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing IG and Naga. By comprehensively comparing IG and Naga features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with IG, Naga or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on IG and Naga. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the IG platform or Naga that they are regulated. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


IG

(2/5)
Benefits of IG?
  • Established in 1974
  • IG have been in business for 50 years.
  • Head quarters in UK.
  • Live Chat
  • Segregates clients funds
  • IG Min deposit $0
IG screenshot IG sign up here
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Reputation Support
Great
Great

IG Regulation

IG is regulated by the FCA (Financial Conduct Authority) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), CySEC (Cyprus Securities and Exchange Commission), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodities Futures Trading Commission), BMA (Bermuda Monetary Authority) .

Excluded Countries

US, BE, FR, IN, IL, PL, ZW

IG Fees

Deposit fee Varies
Commission Yes (0.1%)
Inactivity fee No
Withdrawal fee No
Min trade £1
Max trade Variable
Min deposit $0
View all spreads
& fees here
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IG
funding options here
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

IG Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IG Platforms

MT4, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, Android Google Play

IG Languages

English, French, German, Spanish, and Portuguese

See IG
features here
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IG
instruments here
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

IG Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IG website. Our records were last updated on .

Visit IG today
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Naga

(2/5)
Benefits of Naga?
  • Established in 2015
  • Naga have been in business for 9 years.
  • Head quarters in Cyprus.
  • Live Chat
  • Segregates clients funds
  • Naga Min deposit $250
Naga screenshot naga sign up here
Your capital is at risk
Reputation Support
Good
Good

Naga Regulation

Naga is regulated by the Cyprus Securities and Exchange Commission (CySEC) NAGA Markets Europe Ltd (204/13), Financial Services Authority (FSA) of Seychelles NAGA Capital Ltd (SD026), NAGA Global LLC is registered in St. Vincent and the Grenadines (registration number 1189 LLC 2021).

Excluded Countries

US, AU, IR, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX

Naga Fees

Deposit fee No
Commission Yes
Inactivity fee Yes
Withdrawal fee No
Min trade varies
Max trade varies
Min deposit $250
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all Naga
funding options here
Your capital is at risk

Naga Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

Naga Platforms

NAGA Web Trader, Mobile Apps, NAGA Apple App iOS, (App Store), NAGA Android (Google Play), MT4, MT5

Naga Languages

English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

See Naga
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See Naga
instruments here
Your capital is at risk

Naga Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the Naga website. Our records were last updated on .

Visit Naga today
Your capital is at risk

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 17 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Seychelles Financial Services Authority (FSA) (SD018).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee No
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

IG Vs Naga Table of Contents

IG and Naga in Detail

IG Review Screenshot

The IG online trading platform gives traders from all over the world access to over 17,000 financial instruments, Naga include over 790 available instruments. There are over 313,000+ registered customers that have taken advantage of the IG platform.

IG are regulated by FCA (Financial Conduct Authority) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), CySEC (Cyprus Securities and Exchange Commission), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodities Futures Trading Commission), BMA (Bermuda Monetary Authority) .

IG Review Screenshot

Naga is a renowned Cyprus financial trading brokerage established in 2015.

Naga serves customers globally and are regulated by Cyprus Securities and Exchange Commission (CySEC) NAGA Markets Europe Ltd (204/13), Financial Services Authority (FSA) of Seychelles NAGA Capital Ltd (SD026), NAGA Global LLC is registered in St. Vincent and the Grenadines (registration number 1189 LLC 2021). Depending on the country you are trading from IG may serve you from a different business entity to comply with its financial regulators.

Naga is listed as a publically traded company on a major stock market. As part of their regulatory requirements Naga has to disclose a yearly report publically. Because of this extra level of auditing and regulation Naga can be considered trustworthy. IG is listed as a publically traded company so are a reputable broker.

Naga is a popular well known financial trading platform serving over 1,500,000 customers.

Benefits of IG and Naga Compared

Below, we will give you a summary of the benefits IG and Naga offer side by side.

IG offers a minimum deposit of 0 while Naga have a 250 minimum deposit.

Why smaller trading deposits are good and how IG and Naga compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either IG or Naga. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. IG requires a minimum deposit of 0, whereas Naga mandates a minimum deposit of 250. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's IG or Naga, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

IG allows traders to trade up to 17,000 financial instruments while Naga have around 790 on their trading platform.

The more instruments available on IG and Naga trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of IG or Naga.

The IG trading platform has 8,000 stocks listed while Naga has 450 stocks listed.

IG allows retail traders to trade the following assets Forex, CFDs, Spread Betting, Share dealing on the IG MT4, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, Android Google Play trading platforms.

Alternatively Naga allows retail traders to trade Forex trading, Cryptocurrency trading, Indices Trading, Stocks Trading, Commodities Trading, ETFs Trading, CFD Trading on the Naga NAGA Web Trader, Mobile Apps, NAGA Apple App iOS, (App Store), NAGA Android (Google Play), MT4, MT5 trading platforms.

Compare IG and Naga in more detail below.

Drawbacks of IG and Naga Compared

Below we compare what drawbacks IG and Naga have side by side.

Various potential downsides can be associated with certain brokers, including IG and Naga. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by IG compared to Naga. High trading fees and commissions must be factored into your profit loss of each live trade. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of IG versus Naga.

Broker IG naga IC Markets
Inactivity Fees No Yes No
Withdrawl Fees No No No
Withdrawal Processing Time Varies Varies Varies
Min Deposit 0 250 200
Social Trading No No Yes
Excluded Countries US, BE, FR, IN, IL, PL, ZW US, AU, IR, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX US, IR, CA, NZ, JP

IG Vs Naga Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with IG or Naga. A diversified portfolio with IG or Naga can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like IG or Naga, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as IG and Naga.

Broker IG naga IC Markets
Instruments Available 17000 790 2250
Offers share dealing Yes Yes Yes
Number of Shares 8,000 450 2,100
Offers US Stocks Yes Yes Yes
Offers UK Stocks Yes No Yes
Offers German Stocks Yes Yes Yes
Offers Japanese Stocks Yes Yes Yes
Offers Indices Trading Yes Yes Yes
Number of Commodities 34 0 20
Offers Metals Commodities Yes Yes Yes
Offers Energy Commodities Yes Yes Yes
Offers Agricultural Commodities Yes Yes Yes
Offers Forex Trading Yes Yes Yes
Number of Forex Pairs 100 45 61
Offers Major Forex Pairs Yes Yes Yes
Offers Minor Forex Pairs Yes Yes Yes
Offers Exotic Forex Pairs Yes Yes Yes
Offers CFD Trading Yes Yes Yes
Offers Social Trading No No Yes

IG Vs Naga Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both IG and Naga, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both IG and Naga offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with IG or Naga is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with IG or Naga could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on IG, Naga, and all brokers are subject to regulation.

We compare IG vs Naga Crypto options below side by side.

Broker IG naga IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) No Yes Yes
Cryptocurrencies Offered BCH, BTC, ETH, LTC, XRP, EOS, DASH, XLM, NEO BTC, BCH, BNB, DASH, ETH, LTC, NGC, XRP BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

IG Vs Naga Commission and Fees

knowing your trading and commission fees with IG vs Naga is extremely important. For the majority of the IG 17,000 financial instruments and Naga 790 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with IG and Naga. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with IG and Naga before you invest because you must know what you are paying.

You ideally want to choose a broker like IG or Naga that does not charge too much for withdrawal fees. High trading fees and commissions must be taken into your profit loss calculations. The fees will be noticeable if you have a low budget and do not intend to invest so much with IG or Naga. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential IG and Naga fees, of course. Make sure you do your research and check the commission and fees with both IG and Naga before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with IG or Naga be aware of or 3rd party payment provider fees and currency conversion fees.

IG does not charge inactivity fees, while Naga does charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant IG and Naga accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your IG or Naga account, or choose to close it.

Usually, the associated fees for dormant IG or Naga accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live IG or Naga trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like IG or Naga you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay IG or Naga nothing for this. If this is the case, it can be a big problem. Constant deposit fees can potentially add up, so this will take some consideration before you sign up.

Let's see how IG vs Naga compare side by side for commissions and fees.

Broker IG naga IC Markets
Min Deposit 0 250 200
Inactivity Fees No Yes No
Withdrawal Fees No No No
Deposit Fees Varies No No

IG Vs Naga Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the IG and Naga platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an IG or Naga demo account.

Broker IG naga IC Markets
Offers MT4 Yes Yes Yes
Offers MT5 No Yes Yes
Offers cTrader No No Yes

IG Vs Naga Mobile Trading

Trading on your mobile with IG and Naga can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and IG and Naga mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with IG or Naga. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with IG or Naga can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with IG or Naga is essential. Likewise, if you have an android phone, it's crucial to verify if IG or Naga broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if IG and Naga have trading apps compatible with your device.

Broker IG naga IC Markets
Web Platform Yes Yes Yes
IOS Trading App Yes Yes
Android Trading App Yes Yes
Microsoft Trading App No Yes

IG Vs Naga Trading Account Types Offered

IG Vs Naga Demo Account

A demo account with IG or Naga is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an IG and Naga demo account.

IG Vs Naga Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if IG or Naga offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

IG and Naga do not offer Micro accounts.

IG Vs Naga Standard Account

A standard account is available on IG and Naga to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both IG and Naga do offer clients Standard accounts.

IG Vs Naga MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with IG or Naga or alternative.

IG and Naga do not offer clients MAM accounts.

IG Vs Naga ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with IG or Naga or alternative.

IG and Naga do not offer clients ECN accounts.

IG Vs Naga Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with IG or Naga or alternative.

IG and Naga do not offer clients Islamic accounts.

IG Vs Naga STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with IG or Naga or alternative.

Both IG and Naga offer clients STP accounts.

IG Vs Naga Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

IG and Naga do not offer clients Managed accounts.

Broker IG naga IC Markets
Offers Demo Accounts Yes Yes Yes
Offers Micro Accounts No No No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts No No Yes
Offers ECN Accounts No No Yes
Offers Islamic Accounts No Yes Yes
Offers STP Accounts Yes Yes No
Offers Managed Accounts No No No

IG Vs Naga Withdrawal and Funding Methods

IG and Naga have multiple deposit and withdrawal options. Funding and withdrawing from your IG and Naga accounts to your chosen payment method should be straightforward. Lets see how IG and Naga compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from IG or Naga.

Broker IG naga IC Markets
Payment Methods Credit Cards, VISA, MasterCard, Debit Cards, Bank Transfer, Electronic wallets (eWallets), PayPal, BPAY, Payoneer, Debit Cards, VISA, MasterCard, Maestro, Diners Club, Discover, Wire Transfer, Bank Transfer, Equals Money, Skrill, Neteller, Credit Cards, Debit Cards, MasterCard, VISA, PayPal, Neteller, Neteller VIP, Skrill, UnionPay, Wire Transfer, Bpay, Broker to Broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking,

IG Vs Naga Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of IG or Naga support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the IG and Naga support is always available when needed. IG and Naga customer support is not just useful. broker customer support is crucial to your trading success!

IG Vs Naga Live Chat

Live chat is important for several reasons. When you encounter a problem with IG or Naga trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Both IG and Naga offer livechat support.

IG Vs Naga Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either IG or Naga you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the IG or Naga support team to answer satisfactorily. Email support with IG and Naga will be needed.

Both IG and Naga offer email support.

IG Vs Naga Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either IG or Naga. We can get straight to the point, saving us time and frustration.

Both IG and Naga offer phone support.

Lets see how IG and Naga customer support compare side by side.

Broker IG naga IC Markets
Offers Live Chat Yes Yes Yes
Languages English, French, German, Spanish, and Portuguese English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected] [email protected]
Phone 44 20 7633 5300 +357 25 041410 No

IG Vs Naga Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether IG and Naga are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that IG or Naga have these in place, please be extremely cautious before you proceed with them.

We compare IG Vs Naga financial regulation and licensing side by side below.

Broker IG naga IC Markets
FCA Regulation Yes No No
CySEC Regulation Yes Yes No
MiFID Regulation No No No
ASIC Regulation Yes No No
FSCA Regulation Yes No No
DFSA Regulation Yes No No
MAS Regulation Yes No No

IG Vs Naga Education Resources Compared

We compare IG and Naga educational resources below.

Broker IG naga IC Markets
Education Resources IG Academy, Seminars and Webinars, Podcasts NAGA Academy, Seminars, Glossary, Videos, Tutorials, Webinars, Ebooks, Articles Webinars, Podcasts, Video Tutorials, Help Centre Articles, Blogs

IG Vs Naga Risk Management Features

When trading with either IG or Naga you will want to understand and make full use of all the risk management features on your IG or Naga trading platforms.

We compare side by side the trading risk management features offered by IG and Naga below.

IG Vs Naga Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

IG does offer clients hedging, while Naga does not offer clients hedging.

IG Vs Naga Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both IG and Naga do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on IG or Naga. You must still monitor any live trades and your financial exposure and financial risk.

IG Vs Naga Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both IG and Naga do offer clients limit orders.

IG Vs Naga Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Both IG and Naga do offer clients negative balance protection.

Broker IG naga IC Markets
Offers Hedging Yes No Yes
Negative Balance Protection Yes Yes Yes
Guaranteed Stop Loss Yes No No
Offers Limit Orders Yes Yes Yes
Offers Trailing Stops Yes Yes

IG Vs Naga Verdict

We hope this IG Vs Naga guide has helped you decide who is best to trade with out of IG and Naga.

When choosing a broker like IG or Naga for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with IG or Naga are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as IG or Naga, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with IG or Naga.

Also, before you sign up with online brokers like IG or Naga, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with IG or Naga before investing money into something.

Beware of the risks that come with trading with IG or Naga. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all IG and Naga educational resources and financial research tools. If you are new to trading, sign up for a demo account with IG and Naga to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using IG or Naga will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if IG and Naga fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with IG or Naga if your investment strategy is more long-term.

IG and Naga Alternatives

If IG and Naga are not what you are not quite what you are looking for we list some of the best IG and Naga alternatives below.

Other IG and Naga Vs Comparisons

If you are still looking for an alternative to IG and Naga and want to see how IG or Naga compares Vs other brokers check out the IG Vs and Naga Vs list below.

IG Vs Alternatives

Still not happy have a look at some of our alternative IG Vs side by side comparisons below

Naga Vs Alternatives

Still not happy have a look at some of our alternative IG Vs side by side comparisons below

IG Vs Naga Frequently Asked Questions

We answer some of the most frequently asked IG Vs Naga questions below.

Is IG any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is IG legit? - IG are regulated by FCA (Financial Conduct Authority) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), CySEC (Cyprus Securities and Exchange Commission), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodities Futures Trading Commission), BMA (Bermuda Monetary Authority) and have been in business since 1974

Is Naga any Good?

Naga are regulated by Cyprus Securities and Exchange Commission (CySEC) NAGA Markets Europe Ltd (204/13), Financial Services Authority (FSA) of Seychelles NAGA Capital Ltd (SD026), NAGA Global LLC is registered in St. Vincent and the Grenadines (registration number 1189 LLC 2021) and have been in business since 2015.

Which is better IG or Naga?

IG and Naga do not have a high rating, so we recommend trading with a more reputable alternative broker.

Is IG a con?

IG is regulated by FCA (Financial Conduct Authority) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), CySEC (Cyprus Securities and Exchange Commission), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodities Futures Trading Commission), BMA (Bermuda Monetary Authority) and have been in business since 1974. We recommend looking at a IG alternative that has more financial regulation.

Is Naga a con?

Naga is regulated by Cyprus Securities and Exchange Commission (CySEC) NAGA Markets Europe Ltd (204/13), Financial Services Authority (FSA) of Seychelles NAGA Capital Ltd (SD026), NAGA Global LLC is registered in St. Vincent and the Grenadines (registration number 1189 LLC 2021) and have been in business since 2015. Naga is most definitely not a con as they are regulated by major financial regulators.

What happens if IG or Naga go bust?

IG and Naga are regulated, which means that as part of their regulatory obligations IG and Naga have to offer a certain level of financial protection to their clients. IG and Naga should by law keep client funds separate from IG and Naga funds. If either IG or Naga goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the IG and Naga websites and regulators.

Are IG or Naga good for beginners?

IG and Naga offer low deposits and access to a selection of market insights and news resources. Both IG and Naga offer demo accounts. Demo trading accounts are a big plus for IG and Naga as it shows they are interested in their customers.


Learn more Learn more about IG.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.