IC Marketsvs
NAGACrypto Exchange Comparison
Two regulated crypto CFD players face off over platform access and token coverage. The matchup tests regulatory strength, platform breadth, and token availability as central tensions.
Our Verdict
IC Markets winsby 0.3 pts
IC Markets outranks NAGA on the editorial score due to stronger Trust & Regulation and Platforms & Tools.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1IC Markets offers 24/5 live chat support.
- 2IC Markets imposes no inactivity fee.
- 3NAGA operates with a proprietary platform.
Who should choose IC Markets vs NAGA?
Find out which crypto exchange best suits your trading profile.
Choose IC Markets if…
Choose IC Markets if you value 24/5 live chat support, dedicated phone assistance, and no inactivity fees, because this combination supports ongoing help and predictable costs while you trade across MT4, MT5, cTrader, and TradingView.
Choose NAGA if…
Choose NAGA if you want a proprietary platform and wider token coverage with 100 crypto CFDs, benefiting from Autocopy social trading, diverse asset classes, and a regulatory framework across CySEC, BaFin, and FSCA that helps structure risk and oversight.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
IC Markets wins for security, with ASIC/CySEC oversight and segregated funds.
Best for low fees
Recommended
IC Markets vs NAGA: Side-by-Side Crypto Exchange Comparison
| Criteria |  IC Markets |  NAGA |
|---|---|---|
| Editorial score | 4.1/ 5 | 3.8/ 5 |
| Min Deposit | $200 | No minimum▼ lower |
| Spreads From | 0 pips▼ lower | 0.7 pips |
| Taker Fee | 7.00% | N/A |
IC Markets vs NAGA Crypto Exchange Pros & Cons
Pros
- ECN-adjacent raw spreads on crypto CFDs, tighter than most retail market makers
- All four platforms (MT4, MT5, cTrader, TradingView) support crypto CFDs from one account
- ASIC and CySEC regulated with segregated client funds and negative balance protection
- No inactivity fee; 24/7 customer support across multiple channels
Cons
- CFDs only, no real crypto ownership, staking, or on-chain withdrawals
IC Markets vs NAGA: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
4
IC Markets
criteria wins
0
NAGA
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | IC Markets | NAGA |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Fail |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
IC Markets vs NAGA: Frequently Asked Questions
The scores are close: IC Markets rates 4.1/5 and NAGA rates 3.8/5. IC Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
IC Markets lists a lower spread from 0, compared with NAGA's 0.7. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
NAGA has no minimum deposit, while IC Markets requires at least $200. This makes NAGA more accessible for traders looking to start with a smaller crypto investment.
Both IC Markets and NAGA hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: NAGA has no minimum deposit, removing the capital barrier entirely, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
IC Markets offers up to 2:1 on perpetual or margin products, versus NAGA's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
IC Markets charges $7 per trade on commission-based accounts. Commission details for NAGA are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
IC Markets supports cTrader, MetaTrader 5, TradingView, MetaTrader 4, while NAGA supports MetaTrader 5, NAGA Trader. Both provide MetaTrader 5. IC Markets has exclusive access to cTrader and TradingView and MetaTrader 4. NAGA has exclusive access to NAGA Trader.
IC Markets scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
