IC Markets vs NAGA
By Akash · Facts re-checked (UTC)
Here is how IC Markets and NAGA compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| IC Markets | NAGA | |
|---|---|---|
| Regulators | FSA Seychelles | CySEC |
| Minimum deposit | USD 200 (or currency equivalent) | $50 by card |
| Spreads from | from 0.0 pips (Raw Spread) | 0.6 pips on EUR/USD |
| Max leverage | – | 1:30 on major forex pairs for retail clients (NAGA Markets Europe Ltd, CySEC) |
| Platforms | MT4, MT5, cTrader, TradingView | NAGA web app, NAGA mobile app, MetaTrader 4, MetaTrader 5 |
| Retail accounts losing money | 73.46% | 77.41% |
Full reviews: IC Markets review · NAGA review
Frequently asked questions
What is the minimum deposit at IC Markets and NAGA?
IC Markets: USD 200 (or currency equivalent). NAGA: $50 by card.
Are IC Markets and NAGA regulated?
IC Markets: FSA Seychelles. NAGA: CySEC.
Which has tighter spreads, IC Markets or NAGA?
Published spreads start from from 0.0 pips (Raw Spread) at IC Markets and 0.6 pips on EUR/USD at NAGA.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more