NAGA

NAGA

Verified Broker
8.7/10
Founded
2015
Min Deposit
10 USD
Headquarters
Germany
Max Leverage
1 : 1000

NAGA is a globally regulated broker offering forex, CFDs, stocks, cryptocurrencies, and more. Established in 2015, it provides competitive spreads, fast execution, and a user-friendly trading experience.

Regulated by:CySECSeychelles FSAFSCA

Broker Overview

NAGA is a globally regulated broker offering forex, CFDs, stocks, cryptocurrencies, and more. Established in 2015, it provides competitive spreads, fast execution, and a user-friendly trading experience.

This comprehensive overview provides essential insights into NAGA's core offerings, helping you understand their trading environment, server operations, and key features that differentiate them in the competitive forex market.

Trading Server TimeGMT+2

Broker Features

24/7 Multilingual SupportWide Range of Trading InstrumentsMultiple Funding MethodsCopy Trading & SignalsIslamic Account OptionFast Execution & Trade SpeedNegative Balance ProtectionEducational Resources

Understanding Broker Features: These tags represent the core capabilities and specialties of NAGA. From execution types to account features, understanding these elements helps traders match broker capabilities with their individual trading strategies and requirements.

Performance Scores

8.7/10

Our detailed performance evaluation analyzes NAGA across multiple critical dimensions. Each score reflects extensive testing, user feedback, and industry benchmarking to provide you with reliable insights for informed decision-making.

Business Scope

8.7/10

Trading Cost

8.7/10

Trading Platforms

8.7/10

Support

8.7/10

Performance Score Analysis: These scores represent our independent assessment across trading conditions, platform stability, customer support quality, and overall user experience. Higher scores indicate superior performance in areas crucial for successful trading, including execution speed, platform reliability, and client support responsiveness.

Regulation & License Status

Regulatory compliance is fundamental to trader security and broker credibility. NAGA's licensing status with major financial authorities ensures they operate under strict guidelines that protect client funds, ensure transparent operations, and provide legal recourse when needed.

CySEC

License #204/13
Authorised

Seychelles FSA

License #SD026
Authorised

FSCA

License #37166
Authorised

BaFin

License #10158397
Authorised

Regulatory Importance: Licensed brokers must adhere to stringent financial standards including segregated client accounts, regular external audits, capital adequacy requirements, and investor compensation schemes. Always verify a broker's regulatory status before depositing funds, as this provides essential protection against malpractice and ensures legal recourse in case of disputes.

Key Trading Features

Explore the comprehensive feature set that NAGA offers to enhance your trading experience. These capabilities directly impact trading efficiency, risk management, and potential profitability across various market conditions.

10+ Payment Methods

Supports credit/debit cards, bank transfers, e-wallets, and cryptocurrencies.

Fast Deposit

Instant deposit processing for most payment methods.

No Deposit Fee

No fees charged on deposits.

Copy Trading

Automatically copy trades of successful traders.

Negative Balance Protection

Prevents traders from losing more than their account balance.

Islamic Accounts

Swap-free accounts for traders following Sharia law.

Feature Analysis: These key features represent the broker's technological capabilities and service offerings. Advanced features like ECN connectivity, negative balance protection, advanced charting tools, and automated trading support can significantly enhance trading efficiency and risk management for both beginner and experienced traders.

Account Types

Compare the diverse account options available at NAGA. Each account type is strategically designed for specific trader profiles with varying experience levels, capital sizes, trading frequencies, and strategic approaches to the markets.

Account Details

Min Deposit:10 USD
Max Leverage:1 : 1000
Min Trade Volume:0.01 lots
Stop Out Level:50%
Commission:0 USD
Spread Type:Variable Spread

Trading Platforms

MT4MT5Web TraderMobile Trading

Account Currencies

USDEURGBPPLN

Trading Instruments

ForexCFDsIndicesCommoditiesCryptocurrenciesStocksETFsFutures

Account Features

Hedging
Scalping
EA
NBP
Islamic
Copy Trading

Account Details

Min Deposit:1000 USD
Max Leverage:1 : 1000
Min Trade Volume:0.01 lots
Stop Out Level:50%
Commission:0 USD
Spread Type:Variable Spread

Trading Platforms

MT4MT5Web TraderMobile Trading

Account Currencies

USDEURGBPPLN

Trading Instruments

ForexCFDsIndicesCommoditiesCryptocurrenciesStocksETFsFutures

Account Features

Hedging
Scalping
EA
NBP
Islamic
Copy Trading

Account Selection Guide: Choosing the appropriate account type depends on your trading style, experience level, capital size, and risk tolerance. Beginner traders often benefit from micro or standard accounts with lower minimum deposits, while professional traders may prefer ECN, Pro, or VIP accounts with tighter spreads, dedicated support, and advanced trading tools.

Payments & Deposits

8.7/10

Efficient payment processing is crucial for seamless trading operations. NAGAoffers various deposit and withdrawal methods to accommodate different trader preferences, geographic locations, and payment habits with competitive processing times and fees.

MethodCommissionProcessing Time
Credit/Debit CardsNo commissionsInstant
Bank TransferNo commissions2-5 business days
E-walletsNo commissionsInstant
MethodCommissionProcessing Time
Credit/Debit CardsNo commissions1-2 business days
Bank TransferNo commissions for amounts over $200; $15 fee for amounts under $2002-5 business days
E-walletsNo commissionsInstant

Payment Method Considerations: When choosing payment methods, consider processing times, fees, and availability in your region. E-wallets typically offer faster processing but may have higher fees, while bank transfers are more cost-effective but slower. Always verify withdrawal policies and any documentation requirements to ensure smooth fund management.

Trading Platforms

Access to reliable and feature-rich trading platforms is crucial for successful trading.NAGA provides multiple platform options with varying capabilities to suit different trading styles, experience levels, and technical requirements across desktop, web, and mobile environments.

MT4 Availability

WindowsiOSAndroidWeb TraderNAGA App

MT5 Availability

Naga Web TraderiOSAndroidNAGA App

Customer Service

Live ChatEmailPhone

Website Languages

EnglishGermanSpanishFrenchItalianPolishArabicChinese (Simplified)Chinese (Traditional)CzechDutchIndonesianPortugueseRomanianThai

Platform Selection Strategy: The availability of multiple trading platforms allows traders to choose interfaces that match their experience level and trading style. MT4 is ideal for forex-focused traders with its extensive indicator library, while MT5 offers more instruments, timeframes, and built-in economic calendar. Always test platform demos to ensure compatibility with your trading strategy, technical indicators, and automated trading systems.

Supported Languages

Comprehensive language support ensures accessibility for international traders from diverse regions. NAGA offers multilingual support across platforms, websites, and customer service to provide a seamless trading experience for clients worldwide in their preferred languages.

Platform & Website Languages

EnglishGermanSpanishFrenchItalianPolishArabicChinese (Simplified)Chinese (Traditional)CzechDutchIndonesianPortugueseRomanianThai

Customer Support Languages

Live ChatEmailPhone

Website Interface Languages

EnglishGermanSpanishFrenchItalianPolishArabicChinese (Simplified)Chinese (Traditional)CzechDutchIndonesianPortugueseRomanianThai

Language Support Importance: Comprehensive multilingual support is essential for non-English speaking traders to fully understand platform features, trading conditions, and support communications. Adequate language coverage ensures accurate comprehension of complex financial information, reduces miscommunication risks, and provides a more comfortable trading environment for international clients across different regions and cultural backgrounds.

Mobile Trading Experience

In today's fast-moving markets, mobile trading capability is essential for staying connected to your positions and seizing opportunities anywhere, anytime. NAGA's mobile solutions provide comprehensive trading functionality with optimized interfaces for smartphones and tablets across different operating systems.

Platforms

iOSAndroid

Features

Live TradingCharting ToolsAccount Management

App Statistics

Rating: 4.6/5

Downloads: 1,000,000+

Compatibility: iOS, Android

Mobile Trading Advantages: A robust mobile trading app enables real-time position monitoring, instant order execution, and comprehensive chart analysis from anywhere. Essential features to look for include one-tap trading, advanced charting tools with multiple timeframes, news integration, price alerts, secure biometric login methods, and offline functionality for market analysis to ensure a seamless mobile trading experience.

Contact Information & Support

Accessible customer support and clear communication channels are essential for resolving issues quickly and efficiently. NAGA provides multiple contact options to ensure traders can reach support when needed.

Get in Touch

Follow Us

Headquarters

Suhrenkamp 59, 22335 Hamburg, Germany

Support Quality Indicators: Responsive customer support is crucial for resolving trading issues, account questions, and technical problems quickly. Look for multiple contact methods, extended support hours, and multilingual support to ensure you can get help when needed. The physical headquarters location also provides transparency about the broker's operational base and regulatory jurisdiction.

Current Promotions & Bonuses

NAGA regularly offers promotions and bonuses to enhance your trading experience and provide additional value. These offers can include deposit bonuses, trading contests, and special incentives for both new and existing clients.

Welcome Bonus

Get a 50% bonus on your first deposit up to $500.

Loyalty Program

Earn points for every trade and redeem them for cash rewards.

Promotion Considerations: While bonuses and promotions can provide additional trading capital or benefits, always read the terms and conditions carefully. Pay attention to withdrawal requirements, trading volume conditions, and expiration dates to ensure you can realistically meet the conditions and benefit from the offer.

Awards & Industry Recognition

Industry awards and recognition demonstrate NAGA's commitment to excellence and innovation in the competitive forex brokerage landscape. These accolades highlight areas where the broker excels compared to industry peers.

Best Social Trading Platform 2023

Awarded by: Global Forex Awards

Top CFD Provider 2023

Awarded by: Finance Magnates

Award Significance: Industry awards and recognition provide independent validation of a broker's performance, innovation, and client service quality. While awards shouldn't be the sole factor in choosing a broker, they indicate areas of excellence and commitment to maintaining high standards in specific aspects of brokerage services.

Ready to Start Trading with NAGA?

Join thousands of traders worldwide and experience the NAGA advantage with our award-winning platform and competitive trading conditions. Whether you're beginning your trading journey or seeking enhanced professional tools, NAGAoffers solutions tailored to your needs with comprehensive educational resources and dedicated client support.

Platform Interface & Website

Get a visual preview of NAGA's trading platform interface and website design. A well-designed, intuitive interface enhances trading efficiency and user experience, making navigation and order execution seamless.

NAGA website screenshot

Interface Evaluation: A clean, well-organized trading interface significantly impacts trading efficiency. Look for intuitive navigation, clear chart presentation, easy order placement, and quick access to essential tools. The platform's design should facilitate rather than hinder your trading decisions and execution speed.

Recommended Alternative Brokers

While NAGA offers excellent services, exploring alternative brokers ensures you find the perfect match for your specific trading needs. Here are other highly-rated brokers worth considering, each with unique strengths and specializations.

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Broker Comparison Strategy: When evaluating alternative brokers, consider factors beyond just ratings and fees. Look at execution quality, platform stability, customer support responsiveness, educational resources, and the overall trading environment. Opening demo accounts with multiple brokers allows you to test their platforms and services before committing real funds.