IC Markets
NAGA
VS
Higher Rated
IC Markets
Capital at risk · T&Cs apply
In this broker comparison, we examine IC Markets and NAGA, two prominent platforms catering to different trading needs. The key difference lies in IC Markets' ultra-low spreads starting from 0 pips, appealing to traders focused on cost-efficiency and rapid execution, especially in forex and CFD markets. In contrast, NAGA offers a robust social trading community, targeting traders interested in social and copy trading, and provides real stocks and CFDs on a single platform. Both brokers support MT4 and MT5, but IC Markets is preferred for its tighter spreads, while NAGA attracts those keen on a community-driven trading experience.
IC Markets
NAGA
| IC Markets | NAGA | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.5/5 |
| Min. Deposit | $200 ✓ | $250 |
| Spread from | 0 pips ✓ | 0.7 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | ASIC, CySEC ✓ | CySEC |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile, MT4 |
IC Markets is the better choice overall, scoring 3.9/5 vs 3.5/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).
See full side-by-side comparison belowIC Markets
WinnerNAGA
IC Markets
NAGA
IC Markets
3.9/5
Choose IC Markets if you want…
NAGA
3.5/5
Choose NAGA if you want…
IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs NAGA's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
IC Markets offers spreads from 0 pips, while NAGA starts at 0.7 pips. Check the fees section above for a full breakdown.
IC Markets requires a minimum deposit of $200. NAGA requires $250.
IC Markets is regulated by ASIC, CySEC, while NAGA holds licences from CySEC.
IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. NAGA supports Proprietary Web, Proprietary Mobile, MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.