Updated September 29, 2026 · BrokerCue Editorial Team
IG vs NAGA
IG vs NAGA: the differences
| Compare | ||
|---|---|---|
| Stock trade fee | £0 | €3 |
| Markets | Stocks, ETFs, Forex, CFDs, Options, Futures, Crypto, Spread bettingCovers more | Stocks, ETFs, Forex, CFDs, Futures, Crypto |
| Regulators | Federal Financial Supervisory Authority (BaFin), SIPC | Cyprus Securities and Exchange Commission |
| Retail accounts that lose money | 69% | 70.45% |
| Platforms | Mobile trading, L2 Dealer, ProRealTime, MetaTrader 4, MetaTrader 5, TradingView | iOS, Android, Web, MetaTrader 5 |
| Interest on cash | 2.5%Higher | 2.4% |
| Minimum deposit | Not confirmed | €50 |
| Account fee | €0 | Not confirmed |
| Deposit and withdrawal fees | Not confirmed | No withdrawal fee |
Same on both: Investor protection (EU ICS up to EUR 20,000).
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Key differences
- IG scores higher overall: 9.5 vs 8.7.
- Regulators: only IG offers Federal Financial Supervisory Authority (BaFin), SIPC.
- Regulators: only NAGA offers Cyprus Securities and Exchange Commission.
- IG is licensed in 1 more country.
- Markets: only IG offers Options, Spread betting.
- Platforms: only IG offers Mobile trading, L2 Dealer, ProRealTime.
- Platforms: only NAGA offers iOS, Android, Web.
- Interest on cash is higher at IG: 2.5% vs 2.4%.
- Features: only IG offers Demo account, Fractional shares.
- Features: only NAGA offers Crypto, Copy trading.
Our verdict on each
IG
IG suits traders who want shares, ETFs, forex, contracts for difference, options, futures, crypto and spread betting under a single roof, with an account fee of €0 and cash interest of 2.5% on uninvested balances. Share dealing runs commission-free, while the retail loss rate is 69%.
NAGA
NAGA suits mobile copy traders who want stocks, ETFs, forex, CFDs, futures and crypto alongside social features in the same app. Opening starts at €50, while stock trades carry €3, so active share buyers should weigh costs against broader choice.
Score breakdown
| Area | IG | NAGA |
|---|---|---|
| Cost | 9.3Higher | 8.5Stock trades cost €3; withdrawals show No withdrawal fee. |
| Offer | 9.6HigherCommission-free share dealing, a stock trade fee of £0, an account fee of €0 and cash interest of 2.5%. | 9.1Coverage spans stocks, ETFs and forex via iOS, Android and Web for desktop plus mobile. |
| Trust | 9.5Higher | 8.5Cover sits at EU ICS up to EUR 20,000 under Cyprus oversight. |
What each covers
| Markets | IG | NAGA |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Options | Yes | No |
| Futures | Yes | Yes |
| Crypto | Yes | Yes |
| Spread betting | Yes | No |
Where they rank in our lists
| Ranking | IG | NAGA |
|---|---|---|
| Stock and ETF brokers | 39 of 490 | 4 of 490 |
| Forex brokers | 15 of 147 | 3 of 147 |
| Low-spread forex brokers | 13 of 145 | 3 of 145 |
| CFD brokers | 12 of 122 | 3 of 122 |
If neither fits
ActivTrades has interest on cash at 3.3%, against 2.5% for IG and 2.4% for NAGA.
ActivTrades reviewEvery fact side by side
| Fact | IG | NAGA |
|---|---|---|
| Features | Demo account, Mobile app, Fractional shares | Crypto, Copy trading, Mobile app |
| Pricing model | Commission free | Not confirmed |
| Legal entity | IG Europe GmbH | Not confirmed |
| Headquarters | Germany | Not confirmed |
Where each stands against the rest
| Fact | IG | NAGA | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | €50highest quarter | €1 |
| Account fee | €0at the median | Not confirmed | €0 |
| Retail accounts that lose money | 69%below the median | 70.45%above the median | 70.375% |
| Interest on cash | 2.5%below the median | 2.4%below the median | 3% |
Median across 38 listed brokers.
Pros and cons
IG
Pros
- Markets list stocks, etfs and forex, so shares, ETFs, forex, contracts for difference, options, futures, crypto and spread betting sit together.
- Regulated by Federal Financial Supervisory Authority (BaFin) and SIPC, with client protection of EU ICS up to EUR 20,000.
- Platform choice runs Mobile trading, L2 Dealer and ProRealTime.
Cons
- Retail accounts that lose money come to 69%.
- The commission-free model in commission free applies to share dealing, and it does not extend to trading costs on forex, contracts for difference, options or futures.
- Accounts sit with IG Europe GmbH in Germany, so compensation stops at EU ICS up to EUR 20,000.
NAGA
Pros
- Access stocks, ETFs and forex under a single login, covering shares through crypto for varied strategies.
- Trade via iOS, Android and Web, with MetaTrader 5 plus mobile apps for flexible order management.
- Withdrawals show No withdrawal fee, helped by No withdrawal fee for cost clarity.
Cons
- Stock trade fee sits at €3, which can weigh on frequent share buyers versus lower fee rivals.
- Support runs on help centre only, so help stays inside help centre without live chat or phone.
- Entry starts at €50, above ActivTrades at $0 for very small starters.
Who each suits
IG
Who it suits
- Traders who want stocks, etfs and forex reachable from the same account rather than several platforms.
- Share buyers who want dealing on a commission-free basis, since commission free covers their trades.
- EU clients who weight regulation and compensation, given Federal Financial Supervisory Authority (BaFin) and SIPC and EU ICS up to EUR 20,000.
Who should look elsewhere
- Buyers who want a platform built around share dealing and crypto alone should compare CFI, whose stocks, etfs and forex is a shorter, simpler list.
- Investors priced in dollars rather than euros should weigh eToro, where the stock trade fee is $0.
- Anyone weighing only the account charge should know Vantage lists $0, so IG's €0 is not the only way to hold an account cheaply.
NAGA
Who it suits
- Social traders who follow others and want futures plus crypto alongside shares may prefer NAGA over eToro.
- Mobile led investors starting at €50 who accept €3 may prefer NAGA over ActivTrades.
Who should look elsewhere
- Cost sensitive share buyers who want lower ticket fees than €3 may prefer XTB.
- Traders wanting phone or live chat beyond help centre may prefer ActivTrades.
Country by country
| Country | IG | NAGA |
|---|---|---|
| Austria | No | Yes |
| Belgium | No | Yes |
| Bulgaria | No | Yes |
| Croatia | No | Yes |
| Cyprus | No | Yes |
| Czechia | No | Yes |
| Denmark | No | Yes |
| Estonia | No | Yes |
8 of 30 countries where either is available.
Questions about each
IG
What does it cost to trade shares with IG?+
Share dealing runs on a commission-free model, with a stock trade fee of £0 and an account fee of €0. Those are the two figures that matter for holding and trading, and both sit at the floor of the site tables. Trading costs on forex, contracts for difference, options and futures are quoted apart from share dealing.
Who regulates IG and is my money protected?+
The regulators are Federal Financial Supervisory Authority (BaFin) and SIPC, and the licences listed are MiCA CASP 213800HFC5G4V293BN91 and SIPC member 71021. Client protection in the EU is EU ICS up to EUR 20,000, so a claim against the firm is covered only up to that ceiling. Any balance above the cap is your own exposure.
NAGA
What does NAGA charge for stock trades and withdrawals?+
Stock orders carry €3 per trade, and funding shows No withdrawal fee for withdrawals. Share buyers who trade often should compare that ticket charge with rivals before committing, as frequent dealing lifts total cost over time.
What is the minimum deposit to open a NAGA account?+
Trading can start at €50, which keeps entry modest for newcomers testing markets. Withdrawals show No withdrawal fee, so moving funds out does not add a separate withdrawal charge under current terms.
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