IGvs
NAGAStock Broker Comparison
IG and NAGA face off over access to real shares, regulation depth, and innovative trading tools. The tension centers on real ownership versus CFD and social trading offerings.
Our Verdict
IG winsClear Winner
IG edges out with a higher editorial score and broader exchange access, while NAGA remains focused on social trading and CFDs.
IG
4.5/5
NAGA
3.7/5
Key Differences
- 1Real share dealing available on IG, not available on NAGA.
- 2IG provides Stocks & Shares ISA with no annual platform fee.
- 3NAGA emphasizes Autocopy social trading and CFDs across markets.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for safety & regulation
It’s a tie
Both equally suited
IG is FCA-regulated and LSE-listed with extensive multi-jurisdictional oversight.
Best for active traders
Recommended
IG vs NAGA: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.5/ 5 | 3.7/ 5 |
| Min deposit | No minimum | No minimum |
| Spreads from | 0.6 pips▼ lower | 0.7 pips |
| Commission / lot | N/A | N/A |
| Inactivity fee | £12/month (after 24 months) | $10/month (after 90 days)▼ lower |
| Deposit fee |
IG vs NAGA Stock Broker Pros & Cons
Pros
- Exchange-listed options trading alongside real share dealing in one account
- Bonds trading available in the same account as equities and options
- Stocks & Shares ISA with no annual platform fee
- 13,000+ shares across 30+ global exchanges
- FCA-regulated and LSE-listed, among the highest regulatory standards in UK retail
- Integrated ProRealTime charts, Reuters news, and Morningstar research
Cons
IG vs NAGA: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
IG
criteria wins
0
NAGA
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | IG | NAGA |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Pass | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Pass | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Fail | Fail |
| Phone support | Pass | Fail |
IG vs NAGA: Frequently Asked Questions
IG rates 4.5/5 versus 3.7/5 for NAGA. IG edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
IG lists tighter spreads from 0.6, compared with NAGA's 0.7. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
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 broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
IG lists maximum leverage of 1:1, while NAGA lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
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.
Neither IG nor NAGA is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both IG and NAGA are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
