This comparison overview helps users that battle to choose in between IG Trading and Naga to locate the best online broker for their trading and investment requirements. It evaluates the highlights of the two brokers side by side to aid individuals compare their solution and make an informed choice.
To aid individuals choose the right broker in between IG Trading and Naga to locate the best-suited platform, below is a listing of broker’s advantages and disadvantages, complied with by a comparison of their major trading features, consisting of trading platforms & devices, costs, mobile trading, deposit & withdrawal, possessions, law, and consumer assistance.
IG Trading vs. Naga: Summary
IG is a globally operating online broker regulated by eight tier-one regulators (FCA, ASIC, JFSA, MAS, FINMA, FMA, CFTC and MiFID). They offer users access to 19,500 tradable symbols including 20,000 CFDs, forex, forex options, stocks and cryptocurrencies. IG users can choose between various trading platforms including a proprietary Web-based platform, L2 Dealer DMA, MetaTrader 4 and ProRealTime charting feature.
IG trading fees are competitive for active traders. The size of the brokers allows fast and reliable order execution also on larger orders. IG also offered spread rebates on higher volume CFD trades.
IG additionally offers extensive educational materials (daily video market updates and technical and fundamental analysis case studies), a wide range of trading and research tools for beginners and advanced and intuitive trading apps.
IG’s customer service is available through live chat, email, phone, and WhatsApp in English, and several other languages.
NAGA is a forex and CFD broker regulated by two tier-one regulators (the CySEC and BAFIN). They offer users access to over 1,000 financial instruments including forex currencies, shares, cryptos, commodities, ETFs and indices. Naga users can choose between various platforms including its own proprietary platform and MetaTrader 4 and MetaTrader 5. The broker additionally offers social trading features, which makes it a common choice among beginner traders.
Naga’s trading fees are average compared to other forex and CFD brokers (Pepperstone, AvaTrade and eToro). The broker also features an extensive education section which includes the NAGA Academy, NAGA Learn, and the Currencies Encyclopedia.
NAGA’s customer support is available through email and live chat in English, Arabic, and over 10 other languages.
- Regulated by 8 tier-one regulators
- Low average spreads from 0.82 pips EUR/USD
- Wide range of trading platforms and third party plugins
- Extensive research and education resources
- Wide range of platforms
- Slightly higher fees on CFDs
- Limited banking options
- Access to 1,000 + financial instruments
- Compatible with MT4, MT5 and TradingCentral
- Up to 1:30 leverage
- Excellent copy trading features
- Fast account opening
- High fees on forex and CFDs
- Not DFSA-regulated
Key features
- Access to 20,000 tradable symbols
- Compatible with MT4, L2 Dealer and ProRealTime
- Unlimited demo paper trading account
- Advanced research and analysis tools (L2 Dealer and ProRealTime)
- Availability of EA’s and other automated trading software
- Free trading signals and alerts
Key features
- 1,000 + financial instruments including crypto and NFTs from one account
- Various trading platforms (MT4, MT5, TradingCentral, AlgoTrader)
- Copy trading features
- Two tier-one licenses (CySEC and BaFIN)
- Instant withdrawals to e-wallets and crypto wallets
- Up to 1:30 leverage
IG Trading vs. Naga Comparison
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IG Trading
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BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 30:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | $5.00 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | $18 | 0 |
| Forex (EUR/USD) | 0.6 pips | 1.7 |
| Stocks & ETF | 0.3 pips | $6 per trade |
| CFD (Gold) | 0.3 pips | 45 |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $5500 | $250.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 1000 | 375 |
| ETF & Funds | 1000 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 80 | 49 |
| CFD Indices & Funds | 80 | 31 |
| CFD Stocks | 12000 | 448 |
| CFD Commodities | 6 | 7 |
| CFD Crypto | 10 | 32 |
| CFD Bonds | 12 | 0 |
| Binary Options | 100 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
IG Trading vs. Naga Comparison Conclusion
The outcomes of our comparison of IG Trading vs. Naga are wrapped up in the table below.
| Broker: | Best For: |
| IG Trading | Great overall multi-asset broker |
| Naga | Forex and CFDs; Social trading |
Picking the best choice between IG Trading and Naga can be tough. Both on-line brokers have similarities yet differ relating to trading tools, systems & applications, guideline, down payment & withdrawals, and research and education. Choosing the best broker relies on users’ trading & investment objectives, private preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.