NAGA is an online broker owned by the German financial technology company NAGA Group AG. The company was first established back in 2015. By the beginning of 2017, the company’s initial public offering (IPO) was made, and the broker is listed on the Frankfurt Stock Exchange, and this IPO was the most successful one in Germany that year. NAGA launched a cryptocurrency with its name, the NAGA coin, where the company raised more than 50,000,000 dollars with more than 63,000 supporters. This initial offer was one of the 50 largest ICOs of cryptocurrencies. NAGA is primarily Fintech, which allows it to revolutionize the financial markets.
After its cryptocurrency issuance, the company began to focus and develop its own social trading. The broker offers more than 500 assets and financial tools to trade, including trading foreign currency pairs “FX,” stocks, commodities, precious metals, CFDs, and cryptocurrencies. NAGA provides its services to more than 500 thousand clients worldwide. The broker is funded by the oldest German bank, Hauck & Aufhäuser, and the Chinese conglomerate FOSUN. The NAGA headquarters is in Cyprus. NAGA Markets has offices in more than ten countries worldwide, including South Africa, Mexico, Peru, Indonesia, India, Thailand, Malaysia, Vietnam, and New Zealand.
NAGA is considered a safe broker as it is listed on the Frankfurt Stock Exchange and regulated by top-tier financial authorities such as;
- Cyprus Securities and Exchange Commission (CySEC).
Open a NAGA trading account.
NAGA is a global trading broker and accepts clients from almost all over the world. Some exceptions include the USA, Iran, North Korea, Cuba, Iraq, Syria, and Canada. The minimum amount required to open a NAGA trading account is $250. The maximum leverage is 1:1000. NAGA Trading accounts come with major currencies, including; The Euro EUR and the American dollar USD.
NAGA provides a standard trading account for all traders. The broker offers an innovative, modern structure, as the more you trade, the more rewards you get.
- Iron Trader, a minimum deposit of $250
- Bronze Trader, a minimum deposit of $2500
- Silver Trader, a minimum deposit of $5000
- Gold Trader, a minimum deposit of $25,000
- Diamond Trader, a minimum deposit of $50,000
- Crystal Trader, a minimum deposit of $100,000
Few minutes; that’s all you need to do to open a trading account with NAGA. The broker accepts clients almost all over the world.
- Primary data “full name – country – email – phone number – address – date of birth.
- Choose the account type and trading platform.
- Determine the major currencies.
- The size of the leverage.
- Some questions regarding your level of trading experience.
- Verify your identity.
Deposit and withdrawal
Once you verify your trading account, you can start funding your account. NAGA offers a wide range of payment methods to make it easier for you, with more than 170 payment options, making NAGA the ideal and comprehensive choice for payment methods. The broker charges a $0 fee for any deposit and withdrawal. Ensure that your payment details are the same in your NAGA account according to the Anti-Money Laundering Authority’s policy
- Visa/ Mastercard/ Maestro
- Bank Transfer
- SPEI transfer
- Bitcoin Cash
- NAGA Coin
Spread with NAGA
NAGA offers its clients a competitive fee structure, where the spread on the main trading pair EUR / USD starts from 1.2 pips. As for trading CFDs and ETFs, it starts from 0,20% and 0.10%, and the broker charges a rollover fee to keep your positions open overnight, so you can quickly get to know the prices directly by visiting this page.
NAGA user experience
NAGA offers its clients the basic versions of the MT4 and MT5 trading platforms, so if you are already a trader on the traditional MT4 trading platforms, you will feel like home. But NAGA did not stop there; but rather, NAGA Web released support for the company’s social trading as well as automated trading solutions. The broker also offers automatic copying and Signals services.
The broker provides most of the technological solutions in order to capture both short and long-term trading opportunities. Where you are in control of your trading with live price feeds and alerts on your mobile phone.
The broker also provides a signals service – NAGA Signals, which can be an additional income source for you as a trader by sharing your signals on the public platform and generating additional revenues.
NAGA Messenger is a quantum leap in trading, as it is the first chat between traders via Messenger. The broker always works to expand the infrastructure for social trading and provide a unique trading experience in a modern way.
The broker’s social trading is not limited to just copy trading – it provides you with a community and a fruitful trading environment through an integrated platform for sharing ideas, discussing market fluctuations. NAGA is working smartly to provide the traders with a ONE STOP PLATFORM.
An additional tool is also known as automatic copying of active traders on the platform and achieving extra income by simply copying trades from them. All you have to do is choose the right trader that matches your investment goals and copy the trades automatically.
NAGA Card is a capital management broker solution to provide accessible, fast, and unique trading services. You can control your wallet with its various investment tools through the NAGA Cryptocurrency Wallet.
Customer support service
NAGA provides its clients with outstanding technical service to answer any questions you may have. You can reach technical support via a phone call, live chat, or browse their blog and FAQ, where you can search for what you want. The service is available 24/5 from Monday to Friday during global market hours.
NAGA supports English, Polish, Deutsch, Czech, Spanish, Hungarian, Italian, Portuguese, Chinese, Indonesian, and Vietnamese.
NAGA Review Summary
NAGA is an online trading broker with the newest technological wealth in the trading world. The broker is subject to financial supervision and regulation by the Cyprus Securities and Exchange Commission. The broker is owned by the German company FinTech, which is listed on the Frankfurt Stock Exchange. NAGA provides the latest modern development in social trading, with intelligent features including
- NAGA SIGNALS,
- NAGA AUTO COPYING,
- NAGA WALLET,
- NAGA EXCHANGE.
Open your trading account with a minimum of $250 and try out the NAGA trading experience.