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NAGA -

Counterfeit Dealer

NAGA

Germany

Entry Time 2021-03-26

2021-03-26Input

https://naga-cn.com/en

Exposure

Time Machine

2025 years 8 Month

2025-8

Time2025 years 8 Month

Expose

Check whenever you want

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Exposure

2 pieces of exposure in total

Pyramid scheme complaint

Expose

Unable to Withdraw

Everyone takes a look on this fraud platform that does not withdraw

Encounters a fraud at a dating software. Promise to withdraw but what happens now? No withdrawal and disappearred. I will be keeping to wait if I was not consulting at here! Now, I found it is a scam so I do not need to waste my time.

AZHEN250

2023-02-08 00:34

Scam

naga.com scam

I am opening scam alert against www.naga.com & going to reveal reality of NAGA Group. They are totally scam. Please stay away. I traded last week Friday 29 MAY 2020. I made profit and after that I applied withdrawal request. After this I waited for 1 day and there was no approval of withdrawal request and I contacted multiple times on live chat, call support. but they keep repeating this matter is not in our hands and we cannot do anything.

talal baig

2021-09-07 17:49

NAGA · Company Summary

NAGA Review Summary
Founded	2021
Registered Country/Region	Germany
Regulation	CYSEC/FSA (Suspicious Clone)
Market Instruments	1,000+, Forex, Commodities, Stocks, Cryptocurrency CFDs, Precious Metals, Futures, ETFs, Indexes, Energy
Demo Account	/
Leverage	Up to 1:500
EUR/USD Spread	From 1.5 pips (Silver/Gold account)
Trading Platform	MT4
Social Trading	✅
Minimum Deposit	1,300 RMB
Customer Support	Email: chinasupport@naga.com

NAGA Information

NAGA is a fintech company headquartered in Germany. The platform focuses on social trading and cryptocurrency trading, supporting trading of over 1,000 financial instruments covering markets such as forex, stocks, cryptocurrency CFDs, ETFs, etc. It provides the MetaTrader 4 (MT4) trading terminal, enabling real-time trading across multiple devices (Windows, macOS, iOS, Android).

Pros and Cons

Pros	Cons
Over 1,000 trading instruments	Suspicious clone CYSEC and FSA licenses
Multiple account types	High initial deposit requirement
MT4 available	Limited payment options
	No direct contact channel

Is NAGA Legit?

Regulated Authority	Current Status	Licensed Entity	Regulated Country	License Type	License No.
Cyprus Securities and Exchange Commission (CYSEC)	Suspicious Clone	Νaga Markets Europe Ltd	Cyprus	Market Maker (MM)	204/13
The Seychelles Financial Services Authority (FSA)	Suspicious Clone	NAGA Capital Ltd	Seychelles	Retail Forex License	SD026

What Can I Trade on NAGA?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Cryptocurrency CFDs	✔
Precious Metals	✔
Futures	✔
ETFs	✔
Indexes	✔
Energy	✔
Bonds	❌
Options	❌

Account Type & Spreads

Account Type	Minimum Deposit	EUR/USD Spread
Silver	250 USD	Standard, from 1.5 pips
Gold	2,500 USD	Standard, from 1.5 pips
Diamond	5,000 USD	Platinum, from 1.2 pips
Crystal	25,000 USD	VIP, from 0.7 pips

Leverage

For AUD/USD, AUD/CAD, etc. The margin ratio is 0.40%, corresponding to a leverage of 1:250.

For CAD/CHF, the margin ratio is 0.20%, corresponding to a leverage of 1:500.

Please note that high leverage can amplify not only profits but also losses.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	mac OS, Windows, Android, iOS	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

Deposit via UnionPay is supported, with a minimum of 1,300 RMB and a maximum of 50,000 RMB. It is free of charge, and funds are credited instantly.

News

NewsNAGA to Launch Crypto Exchange in March, January Revenue Hits Record

2022-02-16

Hamburg-headquartered NAGA Group AG (XETRA: N4G) is taking another major leap into the crypto industry and is set to launch its cryptocurrency exchange on March 7, 2022.