IG vs NAGA
By Akash · Facts re-checked (UTC)
Here is how IG and NAGA compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| IG | NAGA | |
|---|---|---|
| Regulators | FCA | CySEC |
| Minimum deposit | No minimum balance to open an account | $50 by card |
| Spreads from | 0.6 pips EUR/USD (MT4, UK) | 0.6 pips on EUR/USD |
| Commission | Commission-free on MT4 forex | – |
| Max leverage | 30:1 on major forex pairs for retail clients (IG Markets Ltd, UK, 3.33% margin) | 1:30 on major forex pairs for retail clients (NAGA Markets Europe Ltd, CySEC) |
| Platforms | IG web platform, IG app, MetaTrader 4, MetaTrader 5, TradingView, ProRealTime | NAGA web app, NAGA mobile app, MetaTrader 4, MetaTrader 5 |
| Retail accounts losing money | 70% | 77.41% |
Full reviews: IG review · NAGA review
Frequently asked questions
What is the minimum deposit at IG and NAGA?
IG: No minimum balance to open an account. NAGA: $50 by card.
Are IG and NAGA regulated?
IG: FCA. NAGA: CySEC.
Which has tighter spreads, IG or NAGA?
Published spreads start from 0.6 pips EUR/USD (MT4, UK) at IG and 0.6 pips on EUR/USD at NAGA; commission: IG Commission-free on MT4 forex, NAGA none listed.
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