IG and NAGA compete as CFD crypto providers with no ownership. The tension centers on regulation strength, asset depth, and platform ecosystems.
IG edges NAGA on editorial score due to stronger trust/regulation and broader platform coverage, including MT4, ProRealTime, and TradingView.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
IG wins for security due to stronger trust/regulation and broader regulator coverage.
IG is best for low fees because standard funding incurs no deposit or withdrawal fees.
| Criteria | ||
|---|---|---|
| Editorial score | 4.2/ 5 | 3.8/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | 0.6 pips▼ lower | 0.7 pips |
| Taker Fee | N/A | N/A |
| Inactivity Fee | £12/month (after 24 months) | $10/month (after 90 days)▼ lower |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | IG | 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 | Fail | 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 | Fail | Fail |
| Phone support | Pass | Fail |
The scores are close: IG rates 4.2/5 and NAGA rates 3.8/5. IG 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.
IG lists a lower spread from 0.6, 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.
Neither IG nor NAGA requires a minimum deposit, making both accessible regardless of starting capital.
Both IG 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, both exchanges provide negative balance protection. Also compare demo account availability and educational resources on each exchange's site before deciding.
IG 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.
IG supports ProRealTime, Proprietary Web/Mobile, TradingView, MetaTrader 4, while NAGA supports MetaTrader 5, NAGA Trader. IG has exclusive access to ProRealTime and Proprietary Web/Mobile and TradingView and MetaTrader 4. NAGA has exclusive access to MetaTrader 5 and NAGA Trader.
NAGA wins for coin selection with 100 crypto CFDs versus IG's 70.
Equally matched; both offer zero minimum deposits and CFDs without ownership.
Equally matched; neither offers DeFi access or Web3 features.
| Deposit Fee |
|---|
| Free |
| Free |
| Deposit methods | Bank transferCredit cardDebit cardPayPal | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferDebit cardPayPal | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC DFSA FMA CMVM BaFin Finanstilsynet Finanstilsynet Finansinspektionen CBI NFA KNF | FSCA BaFin CySEC |
|---|
| Cold Storage | No | No |
|---|
| Proof of Reserves | No | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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