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NAGA

Cyprus | 10-15 years |
Regulated in Cyprus | Market Maker (MM) | Suspicious Scope of Business | Medium potential risk

https://nagamarkets.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Poland 2.53
Surpassed 65.60% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+357 25041410
support@naga.com
https://nagamarkets.com/
Agias Zonis 11 - 3017 LIMASSOL (CYPRUS)

Licenses

Licensed Entity:Νaga Markets Europe Ltd

License No. 204/13

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
WikiFX Risk Alerts
2025-06-23
  • The current information shows that this broker does not have a trading software. Please be aware!

Basic Information

Registered Region
Cyprus
Operating Period
10-15 years
Company Name
NAGA Markets Europe LTD
Abbreviation
NAGA
Company employee
--
Customer Service Email Address
support@naga.com
Contact Number
+35725041410
Company Website
Company address
Agias Zonis 11 - 3017 LIMASSOL (CYPRUS)

Ali2037

Unverified

Pakistan

They closed my trades without any notification and reason . My remaining amount withdraw is pending. There spread behavior not acceptable. THERE $7 USD SPREAD BEFORE CLOSE OF THE MARKET AND I CAN SAY IT'S TOTALLY Waste of time and money. Don't trust on this broker please I faced incident and very bad experience 👀

Exposure

05-22

简单的交易者

Unverified

Hong Kong

I lost more than 10,000 US dollars in Naga and later made a profit of more than 1,500 US dollars. The platform found various reasons to deduct my profits, but I did not do any illegal operations. They did not allow the withdrawal of profits, and the withdrawal has been delayed for 2 weeks and failed. The sale cannot be found.

Exposure

2023-12-22

投资者123

Unverified

Hong Kong

They can't afford it. Investors have been forced to liquidate their positions several times in a row. They say it's illegal and they won't let me trade. it's wired. Since it's against the rules, can I pay back the money I lost? I made some money by dealing desk, but you can't afford it.

Exposure

2023-10-07

SahdiMlk

Unverified

United Arab Emirates

was meh at first, but with Trump stocks wilding... yeah its fun

Positive

03-06

KlausWeiss

Unverified

Germany

Isn`t the variety, the enemy of the quality?🤔 The more focus you give to certain things, the better results can be extracted. In the case of Naga, I can`t call this claim 100% true, since they provide many accounts, assets and additional service choices, but could more or less save the quality. I can call it from my silver account trading experience there🤷‍♂️

Positive

03-04

TillSchubert

Unverified

Germany

The platform is versatile… one of the most versatile trading platforms I have seen around. You can practically trade everything here. While the trading conditions highly depend on the account level and on assets, still the good side is that from one place you can do everything: trade, copytrade, learn and even invest. I wouldn’t jump to recommendation, but it definitely worth giving it a look. Plus, the overall safety and its robust regulation instil trust in their platform.

Positive

02-25

BastianBuhl

Unverified

Austria

HODL a lot of cryptos and now I’m like a real investor. I bought: -BTC -ETH -LITECOIN -SOLANA -DOGECOIN These cryptos are beneficiaries of Trump’s reign. I’m very bullish!

Positive

02-17

LeonWagner

Unverified

Germany

I am all for great market tips and this is what you have in naga for free. 👍But opening any type of an account above the Iron status is going to be an investment .

Positive

02-13

johann schneider

Unverified

Austria

Beside good trading environment They have a wonderful trading community!😃

Positive

02-07

Rashid Al-Hashemi

Unverified

United Arab Emirates

I have been working with many brokers since the moment I started trading a few years ago, and most of them were not suitable for me. That's why I kept switching brokers from one to another because I wanted to find the right broker for my trading style and needs. After a while, I came across Naga company and as you know... I think it's better to join this company because the range of financial products they offer to clients is wider than many other brokerage firms. I can trade whatever I want, especially since there are many cryptocurrencies available for trading. You can trade Bitcoin and Ethereum along with many other alternative currencies. The platform is advanced, and as soon as I entered the application, I was able to understand how everything works!

Positive

2024-05-22

FX1156840576

Unverified

Bahrain

Amazing platform for copying trades. Simple yet powerful. Many talented traders too.

Positive

2023-12-20

Unverified

Taiwan

When I made a profit and wanted to withdraw money, I was rejected. The customer service told me that I need to make up 15% of the tax, but the time limit is only 3 days. Although I have applied for an extension once, I have tried my best to make up half of the tax, but I still can’t make it up. Can I apply for an adjustment? drop it? Although the withdrawal record is approved, the refund and withdrawal have not been received! I really don't understand why the tax is extra and then make up the deposit, but it's fine if the amount can't be deducted from the fund? !

Exposure

2022-11-24

12
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Official website

Website

nagamarkets.com
13.35.122.60
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Relevant Enterprises

The Naga Group AG(Germany)
Active
Germany
Registration No. K1101_HRB136811
Established 2022-06-27
Related sources Website Announcement

Company Summary

NAGA Review Summary
Founded1996
Registered Country/RegionCyprus
RegulationCYSEC
Market InstrumentsForex, shares, indices, ETFs, cryptos, commodities, futures
Demo Account
Leverage/
EUR/USD SpreadFrom 1.1 pips (IRON account)
Trading PlatformNAGA, MT4, MT5
Social Trading
Minimum Deposit$10
Customer Support24/5 live chat
Tel: +35725041410+35725041384
Email: support@naga.com
Social media: Facebook, Instagram, YouTube, LinkedIn
Regional RestrictionsThe European Economic Area, excluding Belgium clients are not allowed

NAGA Information

NAGA is a regulated broker, offering trading on forex, shares, indices, ETFs, cryptos, commodities and futures with EUR/USD spread from 1.1 pips on NAGA, MT4 and MT5 trading platforms. The minimum deposit requirement is $10.

NAGA Information

Pros and Cons

Pros Cons
Regulated wellNo leverage information
Various contact channelsNo demo accounts
MT4 and MT5 platformsRegional restrictions
Low minimum deposit requirement
Various account types
Popular payment options
Social trading offered

Is NAGA Legit?

Yes. NAGA is licensed by CYSEC to offer services.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Cyprus Securities and Exchange Commission (CySEC)RegulatedΝaga Markets Europe LtdMarket Maker (MM)204/13
NAGA license

What Can I Trade on NAGA?

NAGA offers trading on forex, shares, indices, ETFs, cryptos, commodities and futures.

Tradable Instruments Supported
Forex
Shares
Indices
ETFs
Cryptos
Commodities
Futures
Bonds
Options
NAGA products

Account Type

Here are six account types NAGA offers:

Account TypeMinimum Deposit
IRON$10
BRONZE$1,000
SILVER $3,000
GOLD $17,500
DIAMOND$40,000
CRYSTAL$90,000
Account Type

NAGA Fees

Account TypeEUR/USD Spread
IRONStandard - 1.1 pips
BRONZE
SILVERSilver - 1 pip
GOLDGold - 0.6 pips
DIAMONDDiamond - 0.5 pips
CRYSTALVIP - 0.5 pips
Trading InstrumentsCommission
CFDs on forex 0
Crypto CFDs
CFDs on indices
CFDs on stocks 2.50 EUR
Real stocks 3
CFDs on commodities 0
CFDs on futures
CFDs on ETFs0.1%
NAGA Fees
NAGA Fees
NAGA Fees
NAGA Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
NAGAWeb, IOS, Android/
MT4Web, mobileBeginners
MT5Web, mobileExperienced traders
Trading Platform
Trading Platform
Trading Platform
Trading Platform

Deposit and Withdrawal

NAGA accepts payments via credit/debit cards, wire transfer, alternative payment methods and direct bank transfer.

Deposit Options

Deposit OptionsMinimum DepositDeposit FeesDeposit Time
Visa$500Instant
Mastercard
Maestro
Diners~ 10 minutes
Discover
Eurobank2-5 business days
Astrobank
Equals Money
PayPal, P24, Ideal, Eps, Giropay, Skrill, Neteller, Sofort, NeoSurf, PaySafeCard, Euteller, Multibanco, MY BANKInstant
Alphabank2-5 business days
Direct Bank Transfer1-2 business days

Withdrawal Options

Withdrawal OptionsMinimum WithdrawalWithdrawal Fees
VISAMin. $50 or equivalent to account currency0
VISA Electron
MasterCard
Maestro
NETELLER
SKRILL
GiroPay
Klarna
EPS
Przelewy24
Eurobank
KB
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

Keywords

  • 10-15 years
  • Regulated in Cyprus
  • Market Maker (MM)
  • Suspicious Scope of Business
  • Medium potential risk

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