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NAGA broker was founded in Frankfurt (Germany) back in 2015 as a FINTECH company that provides access to global markets using decentralized technologies.
NAGA offers classic trading and social trading with more than 750 instruments, including Forex and CFDs, currency pairs and cryptocurrencies, indices and commodities, ETFs and futures, as well as real stocks without Commission using a single multi-currency account.
Regulation Of Naga
NAGA is a trademark of NAGA Group AG, a German FINTECH company listed on the Frankfurt stock exchange. NAGA is also supported by the Chinese FOSUN Foundation, which makes IT a reliable firm in all circumstances.
NAGA is an authorized broker with CySEC in Cyprus, which enables IT to serve clients from the EU in accordance with European MiFID and ESMA requirements. In addition, NAGA has a branch in Saint Vincent and the Grenadines, through which it can provide online trading services to international clients.
Since NAGA is a European broker, according to ESMA restrictions, the maximum leverage for European traders is 1:30, while professionals can access higher coefficients after confirming their professional status. Leverage up to 1:1000 is available for international traders.
NAGA trading accounts
NAGA broker offers a single multi – currency account for all markets with 5 basic Fiat currencies to choose from-USD, EUR, GBP, PLN, CHF and a cryptocurrency account.
One of the main advantages of the NAGA offer is the possibility of social trading, i.e. automatic copying of the best traders ' trades.
NAGA broker offers a wide range of Forex and CFD trading instruments, including currency pairs, cryptocurrencies, ETFs, indices, commodities and real stocks (not CFDs) without Commission. You can also find a similar offer from the eToro broker.
Moreover, the broker has its own cryptocurrency exchange NAGAX and cryptocurrency wallet.
Depending on the amount of funds in the account, you get the trader's level, bonuses and discounts on spreads and commissions. The minimum Deposit for the basic level of Iron Trader is$250.
In General, NAGA shows us a company that is based on strong technologies and developed trading innovations. Thus, when trading with NAGA, you will find huge investment opportunities, regardless of whether you are a beginner or a professional trader, and social trading will help you achieve success.
It is important for us to know your personal opinion about this broker, you can also read the reviews of NAGA and see the rating of Forex brokers.
- The year of Foundation 2015
- Head office address Eurosure Tower, 3rdFloor, 2112 Nicosia, Cyprus
- Maximum leverage 1:1000
- Min. Deposit $250
- Regulation CySEC
- Trading platform
- Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Neleller, FasaPay, Boleto, SOFORT, BitCoin
- Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller, FasaPay, Boleto, SOFORT, BitCoin
- Number of trading instruments 47
- The number of CFD instruments 740
- The number of futures 22
- The number of metals 2