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Home -
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NAGA -

NAGA

Cyprus
Entry Time 2022-04-19
2022-04-19Input
https://nagamarkets.com/
https://nagamarkets.com/
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Exposure

Time Machine

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2025 years 8 Month
2025-8
Time2025 years 8 Month
Time2025 years 8 Month
Expose

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Exposure

4 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Dealing Desk

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.

TOUZIZHE123
2023-10-07 21:43
Resolved

Trades closed automatically and withdraw pending

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 👀

Ali2037
2025-05-22 06:59
Unable to Withdraw

The slippage was serious and the profit was deducted. The withdrawal failed for 2 weeks.

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.

JIANCHANDEJIAOYIZHE
2023-12-22 14:48
Unable to Withdraw

Hope the tax amount can be reconciled

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? !

JUAN
2022-11-24 01:53

NAGA · 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
NAGA✔Web, IOS, Android/
MT4✔Web, mobileBeginners
MT5✔Web, 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

News

NAGA Launches CryptoX: Zero Fees, 24/7 Crypto Trading

NewsNAGA Launches CryptoX: Zero Fees, 24/7 Crypto Trading

01-31

NAGA introduces CryptoX, a new crypto trading feature with zero overnight fees, 24/7 access, and copy trading. Trade Bitcoin, Ethereum & more!

WikiFX
01-31
News
NAGA Launches CryptoX: Zero Fees, 24/7 Crypto Trading
NAGA Adds UAE, Saudi Stocks to Platform with Zero Commissions

NewsNAGA Adds UAE, Saudi Stocks to Platform with Zero Commissions

2024-11-29

NAGA introduces UAE and Saudi Arabian stocks to its trading platform, offering zero commissions and expert tools like Autocopy to tap into booming Middle Eastern markets.

WikiFX
2024-11-29
News
NAGA Adds UAE, Saudi Stocks to Platform with Zero Commissions
NAGA Unveils Powerful Updates for Better Trading Experience

NewsNAGA Unveils Powerful Updates for Better Trading Experience

2024-08-07

NAGA announces powerful updates enhancing user experience, including a revamped trader interface, mobile trading insights, and performance-based copy trading.

WikiFX
2024-08-07
News
NAGA Unveils Powerful Updates for Better Trading Experience
NAGA Revenue Hits Record EUR 45.5M In 2023

NewsNAGA Revenue Hits Record EUR 45.5M In 2023

2024-01-10

NAGA sets a record with EUR 45.5M revenue in 2023 and announces a transformative merger with Capex.com, marking a new era in fintech.

WikiFX
2024-01-10
News
NAGA Revenue Hits Record EUR 45.5M In 2023
Naga Markets Turns A New Page with €150K Settlement

NewsNaga Markets Turns A New Page with €150K Settlement

2024-01-02

Cyprus Securities and Exchange Commission (CySEC) finalized a settlement worth €150,000 with Naga Markets Europe Ltd. for breaching various regulations in 2021 and 2022.

WikiFX
2024-01-02
News
Naga Markets Turns A New Page with €150K Settlement
CySEC Fines Naga Markets Europe For €150k Settlement

NewsCySEC Fines Naga Markets Europe For €150k Settlement

2024-01-02

CySEC's enforcement action results in a €150,000 settlement with NAGA Markets Europe, highlighting the importance of regulatory compliance in financial markets.

WikiFX
2024-01-02
News
CySEC Fines Naga Markets Europe For €150k Settlement
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