Naga Review 2024

What is Naga?

Naga is a publicly listed financial assets Contact for Difference (CFD) and Forex broker that was founded in 2015 as a provider of financial investment services and a social platform for traders. Naga’s trading platform offers over 1000 assets, including Real Stocks, Currency CFDs, Indices, Commodities, ETFs, and more. The platform also provides a social trading feature that allows users to follow and copy top financial leaders, connect with global investors who share investment ideas and strategies, and join a big trading community with hundreds of thousands of traders from all around the world. Naga’s social trading platform is designed to empower traders with news and analysis, daily market analysis, daily hot news, blog, economic calendar, and Market Buzz® by Trading Central. The platform also offers educational webinars, articles, NAGA Academy, educational videos, webinars, eBooks, and a trading glossary. Naga’s trading platform is easy to learn and offers low fees and tight spreads. The platform also provides a demo account with $10,000 test funds, a dedicated customer support team that is ready to help 24/5, and a growing community of users. Naga’s trading platform allows users to trade most trending assets, including Forex ETF’s, Commodities, Indices, and Stocks. Users can go short or long on stocks of the biggest companies and benefit from falling prices. With CFDs, users can use leverage to increase their potential profit or losses. Naga’s trading platform also offers a copy trading feature that allows users to automatically copy the trades of experienced investors in real-time. In summary, Naga is a publicly listed financial assets Contact for Difference (CFD) and Forex broker that offers a social trading platform with over 1000 assets, including Real Stocks, Currency CFDs, Indices, Commodities, ETFs, and more. The platform provides a social trading feature that allows users to follow and copy top financial leaders, connect with global investors who share investment ideas and strategies, and join a big trading community with hundreds of thousands of traders from all around the world. Naga’s trading platform is designed to empower traders with news and analysis, daily market analysis, daily hot news, blog, economic calendar, and Market Buzz® by Trading Central. The platform also offers educational webinars, articles, NAGA Academy, educational videos, webinars, eBooks, and a trading glossary. Naga’s trading platform is easy to learn and offers low fees and tight spreads. The platform also provides a demo account with $10,000 test funds, a dedicated customer support team that is ready to help 24/5, and a growing community of users. Naga’s trading platform allows users to trade most trending assets, including Forex ETF’s, Commodities, Indices, and Stocks. Users can go short or long on stocks of the biggest companies and benefit from falling prices. With CFDs, users can use leverage to increase their potential profit or losses. Naga’s trading platform also offers a copy trading feature that allows users to automatically copy the trades of experienced investors in real-time.

What is the Review Rating of Naga?

What are the Pros of Naga?

NAGA, a leading social investing platform, offers several advantages in the context of forex trading. Social Copy Trading Service: NAGA is best known for its Autocopy feature that allows traders to copy other traders, which match their risk scoring. This creates a unique social trading environment with numerous benefits for the users. User-friendly Platform: NAGA provides a user-friendly platform with an easy-to-use interface. This makes it accessible for both novice and experienced traders. Wide Range of Tradable Assets: NAGA provides more than 1000 tradable assets. This includes the most common forex pairs like EUR/USD, EUR/GBP, GBP/USD and many others. Low Fees and Tight Spreads: NAGA is known for its low fees and tight spreads. This can significantly enhance the profitability of trading activities. Professional Support: NAGA provides professional support from the Company’s representatives. This ensures that traders can get the help they need when they need it. Real Stocks Available: In addition to forex, NAGA also offers real stocks. This allows traders to diversify their investment portfolio. Many Cryptocurrencies to Trade: NAGA offers many cryptocurrencies to trade. This is a significant advantage for traders interested in the dynamic world of cryptocurrency trading. Low Minimum Deposit: The minimum deposit required to open a NAGA account is $250 USD. This makes it accessible for traders with different investment capacities. Demo Account: NAGA offers a demo account. This allows traders to familiarize themselves with the platform and its features before committing to trade live. In conclusion, NAGA offers a comprehensive and user-friendly platform for forex trading. Its unique features such as social copy trading service, wide range of tradable assets, low fees, and professional support make it a preferred choice for many traders.

What are the Cons of Naga?

NAGA, a broker with a focus on forex trading, has several disadvantages that potential investors should be aware of:. High Spreads on Standard Accounts: NAGA has higher than average spreads on standard accounts. This could potentially reduce the profitability of trades, especially for high-frequency traders. Lack of Trading Bonuses: Unlike some other brokers, NAGA does not offer trading bonuses such as a Welcome bonus or account replenishment. This could be a disadvantage for traders who are looking for these incentives to boost their trading capital. Limited Choice of Payment Systems: NAGA offers a limited choice of payment systems for replenishing the balance and the withdrawal of funds. This could potentially inconvenience traders who prefer using certain payment methods. No Cent Accounts: NAGA does not provide cent accounts. Cent accounts allow trading with significantly smaller initial deposits, and are often preferred by beginners who want to gain trading experience without risking significant amounts of money. . These factors contribute to NAGA’s overall score of 3.52 out of 10, according to a review by Traders Union. Despite these disadvantages, NAGA remains a popular choice among professional traders and experienced investors, particularly those with a focus on stocks.

What are the Naga Current Promos?

NAGA, a leading fintech company, offers a variety of promotions and features to its users. Here are some of the key offerings:. Copy Trading: This feature allows users to mirror the strategies of other traders automatically in real-time. Users can find a trader they like, set the amount they want to invest per trade, and start copying the trader’s strategies. Educational Resources: NAGA provides free education through webinars, articles, blogs, daily market analysis, and more. They also offer a trading glossary, NAGA Learn, NAGA Academy, educational videos, webinars, and eBooks. Wide Range of Assets: Users can trade over 1000+ assets, including commodities, crypto, stocks, futures, forex pairs, indices, and more. Demo Account: NAGA offers a demo account with $10,000 test funds. This allows users to practice their trading strategies without risking real money. Community: NAGA has a large community of traders from around the world. Users can join this community to share investment ideas and strategies. News and Analysis: NAGA provides daily market analysis, hot news, blog posts, and an economic calendar. This helps users stay updated with the latest market trends and make informed trading decisions. Please note that while NAGA offers these features, it’s important to understand the risks associated with trading. Always do your own research and consider seeking advice from a financial advisor before making any investment decisions.

What are the Naga Highlights?

NAGA, a prominent player in the Forex market, provides daily updates on major financial market events. Here are some of the key highlights:. Forex Updates: EUR/USD: The pair is finding buyers above 1.0650, starting off the week on a positive note. The pair is receiving upward support, courtesy of a better market mood and a broad US Dollar pullback. GBP/USD: The pair remains on the back foot near a three-month low below 1.2400. Despite an upbeat market mood and a broad retreat in the US Dollar, the pair is struggling to find a floor. USD/JPY: The pair consolidates in a narrow range after retracing from the 147.95 area. Markets turn cautious ahead of the key event from both the Federal Reserve (Fed) and Bank of Japan (BoJ). AUD/USD: The pair is picking up fresh bids to test 0.6450. Improving risk appetite is fuelling a modest retreat in the US Dollar amid holiday-thinned trading and China’s property market woes. USD/CAD: The pair struggles to gain any meaningful traction and oscillates in a range. Bullish Oil prices underpin the Loonie and act as a headwind amid a modest USD slide. . Market Insights: There was a bullish breakout on the XAGUSD’s 1-Hour Chart. The EUR/USD pair hit highs and eyes a 1.10400 breakout. The Fed held rates steady which led to a surge in stocks and a dip in the dollar. . NAGA also offers a service called Market Buzz® that gathers professional news articles, social media posts, and individual blogs published online to provide an accurate view of a given instrument. For those interested in learning more about Forex, NAGA offers various modules including Forex Basics, Japanese Candlesticks, Support and Resistance, Trendlines, and more. These are just a few of the many features and services provided by NAGA. For more detailed information and daily updates, consider following NAGA’s page.

Is Naga Legit and Trustworthy?

NAGA, a platform for trading financial and digital assets, is indeed considered legitimate and trustworthy according to various sources. Regulation and Licensing NAGA is a regulated broker, holding a license from the Cyprus Securities and Exchange Commission (CySEC). This ensures that the company complies with all key requirements of the regulator, providing a secure and trustworthy environment for users. User Reviews User reviews on Trustpilot give NAGA an excellent rating. Users have praised the platform for its advanced features, customer support, and the control it offers for independent trades. Trading Features NAGA provides a platform for users to create sophisticated strategies, including the ability to buy real stocks and carry them in their portfolio. This feature allows users to invest in companies they trust and manage their investments effectively. Customer Support NAGA’s customer support has received positive feedback for its effectiveness in resolving issues. This contributes to a seamless and trouble-free experience for users, reinforcing NAGA’s commitment to delivering excellent customer service. However, it’s important to note that some users have expressed concerns about the clarity of fees and the speed of the withdrawal system. These are areas potential users may want to investigate further before deciding to use NAGA’s services. In conclusion, while NAGA has received largely positive reviews and is regulated by a reputable financial authority, potential users should conduct their own due diligence, particularly regarding fee structures and withdrawal processes.

Is Naga Regulated and who are the Regulators?

NAGA, a trademark of The NAGA Group AG, is indeed a regulated entity. The NAGA Group AG is a German FinTech company that is publicly listed on the Frankfurt Stock Exchange. It is the holding company of NAGA Markets Europe Ltd, NAGA Technology GmbH, NAGA Global LLC, and NAGA Capital Ltd. Regulation is crucial in the financial industry as it certifies that a broker operates legally and guarantees the fulfillment of its obligations to traders. A financial license is issued by a financial regulatory authority of a country or a specialized authority. NAGA Markets Europe Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under License No. 204/13. Its registered address is at Ariadnis 7, Moutagiaka, 4531 Limassol, Cyprus. It is also registered with BaFin (reg. 135203), Consob (reg. 3844), and CNMV (reg. 3591). NAGA Global LLC is incorporated under the laws of St. Vincent and the Grenadines as a Limited Liability Company (1189 LLC 2021). NAGA Capital Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license No. SD026. Its registered address is at CT House, Office 9A, 2nd Floor, Providence, Mahe, Seychelles. NAGA Technology GmbH has a registered address at Neustadter Neuer, Weg 22, 20459 Hamburg. It’s important to note that trading with NAGA Trader involves high levels of risks, even when following and/or copying or replicating the trades of other traders. Therefore, potential investors should consider whether they understand how derivatives work and whether they can afford to take the high risk of losing their money.

Did Naga win any Awards?

NAGA, a prominent player in the forex trading industry, has indeed been recognized for its contributions and performance. The company has been awarded in the Global Forex Awards 2020. NAGA’s Achievements:. Best Forex Copy Trading Platform: NAGA was recognized as the Best Forex Copy Trading Platform. This award acknowledges NAGA’s efforts in providing a platform that allows traders to mirror the strategies of other successful traders in real-time. Best Forex Fintech Broker: NAGA also won the award for the Best Forex Fintech Broker. This accolade is a testament to NAGA’s innovative approach in integrating financial technology into their forex trading services. These awards highlight NAGA’s commitment to providing excellent service and innovative solutions in the forex trading industry. They offer a wide range of assets for trading, including commodities, crypto, stocks, futures, forex pairs, and indices. Their platform also features educational resources, daily market analysis, and dedicated customer support. However, it’s important to note that while NAGA has been recognized for its achievements, potential investors should conduct their own research and consider all factors before choosing a trading platform. Trading in forex and other financial instruments involves risk and may not be suitable for everyone.

How do I get in Contact with Naga?

NAGA is a prominent player in the forex market and provides multiple avenues for contact. Here’s a detailed guide on how to get in touch with them:. 1. Website Contact Form: You can reach out to NAGA through their official website. They have a dedicated ‘Contact Us’ page where you can find information about their support hours and services. 2. Email Support: NAGA provides email support for their users. You can send your queries to support@naga.com. or support@nagamarkets.com. 3. Phone Support: If you prefer to speak directly with a representative, NAGA provides phone support. You can contact them at +44 2035197495. or +357 25041410. 4. Live Chat: For immediate assistance, NAGA offers live chat support. This service is available from Monday to Friday, between 07:30 am and 02:00 am EEST. 5. Official NAGA Support: NAGA has an official support page. where you can find articles and guides on various topics like getting started, account verification, deposits, withdrawals, copy trading, community, trading, Metatrader, settings & security, regulations & legal, NAGA Pay, and cryptocurrency. Remember, it’s important to have your account details handy when you reach out to NAGA’s support team. This will help them assist you more efficiently. Always ensure to communicate professionally and clearly state your query for a swift resolution.

Where are the Headquarters from Naga based?

The NAGA Group AG, a prominent player in the fintech industry, is headquartered in Hamburg, Germany. This German fintech company is known for its innovative investing app that features an integrated social network. NAGA Group AG is the holding company of NAGA Markets Europe Ltd, NAGA Technology GmbH, and NAGA Global Ltd. These subsidiaries play a crucial role in the company’s operations and contribute to its standing in the financial technology sector. The company was founded in 2015 by Benjamin Bilski, a former professional German swimmer, and Yasin Sebastian Qureshi. In 2017, NAGA Group AG was listed on the Frankfurt Stock Exchange, marking a significant milestone in its journey. In the context of forex, NAGA’s platform stands out for its social investing features. It allows users to connect, exchange trading insights, and even replicate the successful trades of others. This social aspect of trading is a unique selling point for NAGA, making it a noteworthy entity in the forex trading landscape. It’s also worth mentioning that in October 2022, The NAGA Capital Ltd obtained a Seychelles license. This development further expands NAGA’s reach and influence in the global financial market. In conclusion, NAGA’s headquarters in Hamburg, Germany, serves as the epicenter of its innovative operations that continue to shape the fintech and forex trading industries. The company’s journey, marked by significant milestones and strategic expansions, underscores its commitment to providing a unique and effective trading platform for its users.

What kind of Customer Support is offered by Naga?

NAGA, a prominent player in the forex market, offers a comprehensive customer support system to ensure a seamless trading experience for its users. Availability: NAGA’s customer support is available from Monday to Friday, 07:30 am - 02:00 am EEST. They also have a call center available from Monday to Friday, 9:00-18:00 GMT+2. Channels: Users can reach out to NAGA’s customer support via hotlines. or live chat. They also provide support through their official website. Help Section: NAGA has a dedicated Help Section. on their website where users can find answers to common queries. This includes topics like getting started with NAGA, account verification, deposits, withdrawals, copy trading, community, trading, Metatrader, settings & security, regulations & legal, NAGA Pay, and cryptocurrency. Support Articles: NAGA’s support section is divided into articles that provide detailed information on various topics. For instance, there are 10 articles on getting started, 9 on account verification, 10 on deposits, 12 on account types, 11 on withdrawals, 20 on copy trading, 17 on community, 44 on trading, 4 on Metatrader, 6 on settings & security, 2 on regulations & legal, 47 on NAGA Pay, and 27 on cryptocurrency. Copy Trading: NAGA offers a unique feature of copy trading where users can learn how to copy other traders or get copied. This feature is particularly useful for beginners in the forex market. Community: NAGA emphasizes the importance of the trading community. They provide resources to help users understand and engage with the community better. Trading: NAGA provides extensive resources on trading. This includes everything a user needs to know about trading with NAGA. Metatrader: NAGA offers detailed information on trading with Metatrader 5 (MT5). This is particularly useful for users who prefer to trade on the MT5 platform. Settings & Security: NAGA provides tips on how to manage and protect your account. This includes information on account settings and security measures. Regulations & Legal: NAGA provides information on its policies and regulations. This helps users understand the legal aspects of trading with NAGA. NAGA Pay: NAGA offers detailed information on NAGA Pay mobile app and card. This includes everything a user needs to know about NAGA Pay. Cryptocurrency: NAGA provides resources on what you can do with crypto at NAGA. This is particularly useful for users interested in cryptocurrency trading. In conclusion, NAGA’s customer support is comprehensive and designed to cater to the needs of all types of traders, from beginners to experienced ones. It covers a wide range of topics and provides detailed information to help users navigate the forex market effectively.

Which Educational and Learning Materials are offered by Naga?

NAGA, a prominent player in the financial trading sector, offers a comprehensive suite of educational and learning materials. These resources are designed to cater to both novice traders and experienced professionals, providing them with the necessary knowledge and skills to navigate the complex world of forex trading. Introduction to Trading The educational journey at NAGA begins with an introduction to trading. This module covers the basics of trading, including what trading is, how to start trading in five steps, and how to trade the financial markets. Forex Basics The Forex Basics module is divided into two parts. The first part, titled ‘The biggest market in the world’, explains why one should trade Forex and discusses popular currency pairs. The second part delves into important trading terms, the concept of base and quote currency, and the meaning of bid and ask price. Asset Classes This module provides insights into different asset classes that traders can invest in. It includes lessons on how to trade Contracts for Difference (CFDs) and futures. Japanese Candlesticks The Japanese Candlesticks module is split into two parts. The first part introduces the concept of Japanese Candlesticks and discusses their history and significance. The second part further explores this concept, focusing on specific patterns like the Hammer and Bullish Engulfing. Moving Average The Moving Average module explains what a moving average is, how it works, and when to use it. Support and Resistance This module introduces the concepts of support and resistance, explaining what they are and how they can be identified. Head and Shoulders The Head and Shoulders module discusses this important pattern, providing examples of both bearish and bullish Head and Shoulders. Trendlines The Trendlines module explains what a trendline is, how to draw a trendline, and the significance of the slope of a trendline. NFT World This module introduces the concept of Non-Fungible Tokens (NFTs), explaining what they are and their significance. In addition to these modules, NAGA also offers free eBooks and documentary movies. These resources cover a wide range of topics, including popular bearish and bullish trading strategies, technical analysis, and moving averages. NAGA’s Market Analyst, Michalis Efthymiou, who has over 8 years of experience in the financial services industry, contributes to these educational materials. NAGA’s educational content is complemented by webinars, articles, blogs, and daily market analysis. These resources are designed to help traders improve their trading skills and build confidence. In conclusion, NAGA offers a comprehensive suite of educational and learning materials that cater to traders of all levels. These resources, combined with NAGA’s innovative trading platform, provide traders with the knowledge and tools they need to succeed in the complex world of forex trading.

Can anyone join Naga?

NAGA, a leading platform in the world of financial trading, offers a wide range of assets for trading, including Real Stocks, Currency CFDs, Indices, Commodities, ETFs, and more. It’s an all-in-one platform that caters to both novice and experienced traders. Joining NAGA. Joining NAGA is a straightforward process. The platform does not specify a minimum amount for first-time users, but it strongly advises clients to start with at least 250 USD. Here are the steps to join NAGA:. Register and verify your account. Make your first deposit. You’re ready to start trading. Features of NAGA. NAGA offers a multitude of features that make it a preferred choice for many traders. Wide Range of Assets: Trade over 1000+ assets, including commodities, crypto, stocks, futures, forex pairs, indices, and more. Copy Trading: Discover other investors on NAGA and copy their trades. Demo Account: Register and get access to a demo account with $10,000 test funds. Support: Dedicated customer support is ready to help you whenever you need. Education: Free educational webinars, articles, blogs, daily market analysis, and more. Forex Trading on NAGA. Forex trading is a significant part of NAGA’s offerings. The platform allows users to trade the most common pairs like EUR/USD, EUR/GBP, GBP/USD, and many others. The prices of currency pairs are influenced by various factors, including market news and political events. You can trade currency pairs, along with more than 1000 other instruments, using your Live or Demo account. In conclusion, NAGA is a comprehensive trading platform that caters to a wide range of trading needs. Its user-friendly interface, extensive asset offerings, and supportive features make it an excellent choice for anyone interested in financial trading.

Who should sign up with Naga?

NAGA, a regulated international broker, is an ideal platform for various types of traders and investors. Here’s a detailed look at who should consider signing up with NAGA:. 1. Professional Traders and Experienced Investors: NAGA’s terms and conditions are perfect for professional traders and experienced investors, especially those with a focus on stocks. The broker offers a wide range of trading instruments and the opportunity to earn passive income using their social trading platform. 2. Traders Seeking Technologically Advanced Platforms: NAGA provides technologically advanced trading platforms, making trading simple and easy. Their platform has a technological interface and UX, which maximizes the experience of its traders’ copy trading activities. 3. Traders Interested in a Variety of Assets: NAGA offers a variety of assets for customers to increase their portfolios. They offer CFDs on Forex, Stocks, Futures, Indices, Cryptocurrencies, Commodities, ETFs, and real stocks. 4. Traders Looking for Different Account Types: NAGA provides its traders with three account types – the live account (for live trading activities), the demo account (a practice or game account), and the Islamic account. 5. Traders Who Value Customer Service: NAGA offers its clients 12 languages to communicate with their customer service team. This makes questions and answers easy to communicate. 6. Traders Concerned About Regulation and Safety: NAGA is under the regulation of CySEC, a Cyprus-based financial licensing company. This body ensures that NAGA does not act fraudulently toward its traders. The regulations make trading activities on the platform safe. However, it’s important to note that NAGA does not provide trading services to some parts of the world, such as the US, South Africa, North Korea, and Australia. Also, to open a NAGA account, one must be of legal age in their country and have a valid identity proof. In conclusion, NAGA is a comprehensive platform suitable for a wide range of traders and investors. Its advanced features, variety of assets, and strong regulatory framework make it a reliable choice for those interested in forex and other forms of trading.

Who should NOT sign up with Naga?

NAGA is a well-regulated online broker that offers a variety of assets for trading. However, it may not be suitable for everyone. Here are some categories of people who might want to reconsider signing up with NAGA:. Residents of Certain Countries: NAGA does not provide trading services to some parts of the world, such as the US, South Africa, North Korea, and Australia. Therefore, residents of these countries should not sign up with NAGA. Novice Traders Seeking Low Spreads: NAGA has higher-than-average spreads on standard accounts. This could eat into the profits of novice traders who are still learning the ropes and may not have large trading volumes to offset these costs. Traders Looking for Bonuses: NAGA does not offer trading bonuses such as a Welcome bonus or account replenishment. If these incentives are important to you, you might want to look elsewhere. Traders Who Prefer a Wide Range of Payment Systems: NAGA has a limited choice of payment systems for replenishing the balance and the withdrawal of funds. If you prefer a broker with a wider range of payment options, NAGA might not be the best fit for you. Traders Who Prefer Cent Accounts: NAGA does not provide cent accounts. Cent accounts allow trading with significantly smaller initial deposits, which can be ideal for beginners or those with limited capital. In conclusion, while NAGA offers a technologically advanced platform and a wide range of trading instruments, it may not be the best fit for everyone. It’s always important to do thorough research and consider your individual needs and circumstances before choosing a broker.

Does Naga offer Discounts, Coupons, or Promo Codes?

Naga, a prominent player in the financial and forex markets, offers a variety of discounts, coupons, and promo codes to its customers. These incentives are designed to provide value and enhance the user experience. Promo Codes and Discounts Naga offers promotional codes that can provide up to 50% off. These codes are occasionally issued and are highly sought after by customers. Special Offers Naga also provides special offers such as free shipping for all orders over €35. This offer is a great way for customers to save on additional costs. Seasonal Deals During certain times of the year, Naga introduces seasonal deals. For instance, they had special Christmas deals and exclusive offers. Other Discounts In addition to the above, Naga offers other discounts such as saving up to $500. They also have deals on specific products, like teas starting from €12.5. It’s important to note that these offers and discounts are subject to change and may vary based on location and availability. Therefore, it’s always a good idea to check Naga’s official website or authorized coupon sites for the latest and most accurate information. In the context of forex, these discounts and offers can provide traders with additional value and potentially increase their trading capital. However, it’s crucial for traders to understand the terms and conditions associated with these offers to ensure they align with their trading strategies and goals. Please note that while Naga does offer these discounts and promo codes, it’s essential to consider other factors such as the platform’s features, customer service, and overall reputation when choosing a forex broker. It’s always recommended to do thorough research and consider multiple options before making a decision. Remember, trading in forex involves risk, and it’s important to trade responsibly. Always consider your financial situation and risk tolerance before engaging in forex trading. I hope this information is helpful and provides a comprehensive overview of the discounts, coupons, and promo codes offered by Naga. Happy trading!.

Which Account Types are offered by Naga?

Naga, a renowned broker in the forex market, offers six distinct live trading account types. These account types are designed to cater to a wide range of traders, from beginners to experienced professionals, each with its own set of features and benefits. The first account type is the Iron account. This account requires a minimum deposit of $250 USD and offers spreads from 1.7. The withdrawal fee for this account is $5 USD. Next is the Bronze account, which requires a minimum deposit of $2,500 USD. It offers the same spreads as the Iron account, but with a lower withdrawal fee of $4 USD. The Silver account is the third type. It requires a minimum deposit of $5,000 USD and offers spreads from 1.2. The withdrawal fee for this account is $3 USD. The fourth account type is the Gold account. This account requires a minimum deposit of $25,000 USD and offers spreads from 0.9. The withdrawal fee for this account is $2 USD. The Diamond account is the fifth type. It requires a minimum deposit of $50,000 USD and offers spreads from 0.7. The withdrawal fee for this account is $1 USD. The last account type is the Crystal account. This account requires a minimum deposit of $100,000 USD and offers spreads from 0.7. The withdrawal fee for this account is $0 USD. In addition to these, Naga also offers an Islamic swap-free trading account. This account type is designed to comply with the principles of Islamic law, which prohibits earning or paying interest. Naga also provides a demo account. This account comes with a virtual balance, allowing traders to safely explore various trading strategies without risking any real money. Each of these account types is designed to cater to different needs and preferences of traders, providing them with the flexibility to choose the one that best suits their trading goals and styles.

How to Open a Naga LIVE Account?

Opening a Naga LIVE account is a straightforward process that involves a few key steps. Here’s a detailed guide:. Step 1: Start Registration To begin the registration process, visit the Naga website. Look for the blue “Sign-Up” button located at the top of the webpage. Clicking on this button will initiate the registration process. Step 2: Complete Registration After clicking the “Sign-Up” button, you will be presented with an online registration form. This form needs to be completed in order to create a Naga user account. The form will ask for basic information such as your name, email address, and contact details. Ensure that all the information provided is accurate to avoid any issues later on. Step 3: Account Verification Once the registration form is completed, the next step is account verification. This is an important step to ensure the security of your account. Naga will send a verification link to the email address provided during registration. Click on this link to verify your account. Step 4: Add a Trading Account After your account is verified, the next step is to add a trading account. To do this, click on the profile icon in the top-right corner of your screen. Select “Trading Accounts” in the Menu section. Click on “Add New Account” in the right corner. Choose the Account Type, Server Type, and Base Currency and add an Account Name. Step 5: Fund Your Account With your trading account set up, the final step is to fund your account. Naga offers a variety of funding options, so choose the one that is most convenient for you. Once these steps are completed, you will have successfully opened a Naga LIVE account and can start trading a variety of assets including Forex pairs, commodities, stocks, and more.

How to Open a Naga DEMO account?

Opening a NAGA DEMO account is a straightforward process that allows you to get acquainted with the platform and test-drive your trading skills risk-free. Here’s a step-by-step guide on how to do it:. Step 1: Visit the NAGA Website Start by visiting the official NAGA website. Step 2: Fill Out the Registration Form Next, you’ll need to fill out the registration form. This will require some personal details, including your name, email address, and a secure password. Step 3: Login into the Demo Account Once the registration process is completed, you can create your demo account by clicking on "Open Demo Account". Step 4: Customize the Demo Account At this stage, the broker will require you to select the characteristics of your demo account, including the server type, the virtual currency amount, and the account name. Once you confirm your choices, a demo account with $10,000 in virtual currency (or equivalent) will appear in your profile. Please note that while the demo account is a great way to explore the markets and assets offered by NAGA, many of the features at NAGA, including copy trading, require opening a live account to be able to benefit from them. Remember, the demo account is completely safe – you will not lose any cent even if all of your demo trades turn out unprofitable. ! However, you can’t withdraw money from a demo account. If you’re making profitable trades, consider upgrading to a live account to be able to deposit and withdraw. When you’re ready to use NAGA with real money, copy trade our best performing traders as well as withdraw your profits, you will need to upgrade your account by going through a short questionnaire and providing your proof of identity (like an ID or a passport) and a proof of residence (a bank statement or a utility bill) to us. Happy trading!.

How Are You Protected as a Client at Naga?

As a client at Naga, you are protected in several ways:. Regulation: Naga is regulated by the Cyprus Securities and Exchange Commission (CySEC). This means that they must adhere to strict financial standards, including capital adequacy requirements. Segregation of Funds: Naga takes client fund safety very seriously. Client’s funds are held in segregated bank accounts maintained with top European banks. This ensures that client funds are separate from Naga’s own funds and cannot be used by the company for its own operational expenses. Investor Compensation Fund (ICF): Naga clients are further protected by the Investor Compensation Fund (ICF) which insures client funds up to €20,000 if in the future Naga goes bankrupt. Transparent Pricing: Naga offers low market spreads and continually adjusts spreads to give clients the best conditions across all markets. Advanced Trading Platforms: Naga offers advanced trading platforms like MT4/MT5. These platforms come with advanced charting tools and indicators to help traders make informed decisions. Education and Research: Naga provides good educational materials and webinars. This helps clients improve their trading skills and stay informed about market trends. Customer Support: Naga provides reliable customer service. This ensures that clients can get timely help when they encounter issues or have questions. In conclusion, Naga provides a secure and transparent trading environment for its clients. It adheres to high regulatory standards and offers a range of features to help clients trade effectively. However, as with all forms of investment, trading with Naga involves risks and it’s important for clients to understand these risks before they start trading.

Which Funding methods or Deposit Options are available at Naga?

NAGA, a renowned platform in the forex trading industry, offers a variety of funding methods to cater to the diverse needs of its global clientele. The availability of these deposit options may vary depending on the user’s country of residence. Credit/Debit Cards: One of the most popular and convenient methods to fund a NAGA account is through credit or debit cards. This method is widely accepted due to its ease of use and instant processing time. Wire Transfer: Another common method is the wire transfer. Although it might take a bit longer for the funds to reflect in the user’s account compared to card payments, wire transfers are often preferred for larger transactions. Alternative Payment Methods: In addition to the traditional funding methods, NAGA also accepts alternative payment methods like Ideal and SoFort. These options provide additional flexibility for users, especially those residing in regions where these services are popular. It’s important to note that NAGA continuously expands its depositing methods to accommodate the evolving needs of its users. Users are advised to check the available deposit methods in their region by visiting the Money Management section of their account. Please note that third-party payments cannot be accepted, and users should use cards or bank accounts that belong to them. Also, while NAGA does not charge any fees or commissions for depositing funds, users should check the fees of the payment provider that they use. In conclusion, NAGA offers a secure and flexible range of deposit methods, making it a preferred choice for forex traders worldwide.

What is the Minimum Deposit Amount at Naga?

The minimum deposit required to open a trading account with NAGA is 250 USD. This amount is considered sufficient to start trading activity and have an improved experience when using NAGA features such as copy trading. It’s important to note that if you are depositing in EUR, GBP, or any other currency, please ensure that the amount of deposit in the alternative currency is equivalent or larger than 250 USD. NAGA allows you to deposit as many times as you want in any amount in the future. However, there might be some limits for deposits/withdrawals for certain deposit methods. If you are using a credit or debit card, it might be beneficial to contact your bank to remove any international transfer limits to be able to deposit the right amount. NAGA offers six live trading account types: Iron, Bronze, Silver, Gold, Diamond, and Crystal. The minimum deposit amount can vary according to the type of trading account you select. Lastly, depositing funds into your NAGA account is hassle-free because of the multiple payment options. You can choose a payment method that suits your needs the best and is most convenient for you.

Which Withdrawal methods are available at Naga?

NAGA, a prominent player in the forex market, offers a variety of withdrawal methods to cater to the diverse needs of its global clientele. Wire Transfer: This traditional method of fund transfer is supported by NAGA. It’s reliable and can be used for large transactions, but it might take a few business days for the funds to reflect in your account. Visa and Mastercard: NAGA allows withdrawals to both Visa and Mastercard. These are convenient options as they are widely accepted and the transaction process is usually quick. Vietcombank Transfer: This method is available for clients in certain regions. It’s a direct bank transfer method that’s quick and efficient. E-Wallets (Skrill and Neteller): These digital wallets offer a fast, secure, and convenient way to receive funds. They are especially popular among online traders. Giropay: This internet payment system is based in Germany and is available to NAGA’s clients. It allows for quick and secure online bank transfers. Credit Card: Apart from Visa and Mastercard, other credit cards are also supported. The exact options might depend on the client’s region. Bitcoin Payments: For those who prefer cryptocurrencies, NAGA supports Bitcoin withdrawals. This method is secure and allows for international transactions without the need for currency conversion. NAGA Cards: NAGA also offers its own card which can be used for withdrawals. This adds an extra layer of convenience for NAGA users. Please note that the availability of these methods may depend on the client’s region. Also, any credit card used for deposit will be available in withdrawal options. Priority is given to credit/debit cards and then any other payment method. In case the initial deposit from a credit/debit card is fully refunded, the client may choose another payment method to withdraw (if this method is available for payout). Before placing a withdrawal request, your payment method must be previously verified. Many payment methods do not accept payouts greater than the initial deposit, in which case the client must choose a different payment method or provide a Bank statement showing full bank and beneficiary details in order to send the remaining funds.

Which Fees are charged by Naga?

NAGA, a popular trading platform, charges a variety of fees that traders should be aware of. Here’s a detailed breakdown:. Trading Fees NAGA’s trading fees are primarily composed of spreads and swaps. The average spread, which is the difference between the bid and ask price, varies depending on the financial instrument. For instance, the average spread for the Australian Dollar vs. Canadian Dollar (AUDCAD) is 1.7 pips. Similarly, the average spread for the Australian Dollar vs. US Dollar (AUDUSD) is 1.8 pips. Swaps, or overnight fees, are also charged by NAGA. These fees are applied for holding a position open overnight and also vary depending on the instrument. For example, the swap for AUDCAD is -5 for long positions and -0.5 for short positions. Margin Fees NAGA also charges margin fees, which are essentially the cost of borrowing money to leverage positions. The margin fee for most of the Australian Dollar pairs like AUDCAD, AUDCHF, AUDJPY, AUDNZD, and AUDUSD is 0.40%. Deposit and Withdrawal Fees NAGA does not charge any deposit fees. However, withdrawal fees are charged according to the account level that traders use. For instance, Iron Account holders are charged $5, Bronze Account holders are charged $4, and Silver Account holders are charged $3. Other Fees NAGA also has a Copy Fee Schedule for its autocopy feature. However, the specific fees associated with this feature are not mentioned in the search results. Please note that the fees mentioned above are subject to change and may vary depending on market conditions and other factors. It’s always a good idea to check NAGA’s official website or contact their customer service for the most accurate and up-to-date information. Remember, trading involves risk and it’s important to understand all associated costs before you start trading. Happy trading!.

What can I trade with Naga?

NAGA is a versatile platform that offers a wide range of trading instruments. Here’s a detailed look at what you can trade with NAGA:. Forex: NAGA supports Forex trading, allowing users to engage in the exchange of global currencies. Contracts for Difference (CFDs): CFDs are derivative products that allow traders to speculate on the rising or falling prices of fast-moving global financial markets. This includes CFDs on Indices, Exchange-traded funds (ETFs), Futures, and Commodities. Real Stocks: NAGA offers real stock trading. Users can trade real stocks of major companies. This feature is available in MT5 trading accounts. Cryptocurrencies: NAGA also supports cryptocurrency trading. , providing a platform for users to invest in the dynamic and rapidly evolving world of digital currencies. In total, NAGA offers over 1000+ assets on the platform. They are constantly adding new markets and instruments based on user feedback and demand. You can always check tradable assets under the Markets section in the mobile app or the web app on your desktop device. Please note that trading involves risk and isn’t suitable for everyone. Always do your own research and consider your financial situation carefully before trading.

Which Trading Platforms are offered by Naga?

Naga offers a comprehensive trading platform that caters to various financial markets, including Forex. The platform provides a wide range of features designed to enhance the trading experience. Key Features:. Wide Range of Assets: Naga’s platform offers over 1000+ assets for trading, including commodities, crypto, stocks, futures, Forex pairs, indices, and more. Copy Trading: This feature allows users to follow and copy the trades of top financial leaders. Users can mirror the strategies of other traders automatically in real-time. Demo Account: Naga provides a demo account with $10,000 test funds, allowing users to practice trading without risking real money. Educational Resources: Naga offers a variety of educational resources, including webinars, articles, blogs, and daily market analysis. This helps traders to stay informed and make better trading decisions. Community: Naga has a large trading community with hundreds of thousands of traders from around the world. This provides a platform for traders to share investment ideas and strategies. In the context of Forex trading, Naga offers the ability to trade the most common pairs like EUR/USD, EUR/GBP, GBP/USD, and many others. The platform is designed with an easy-to-use interface, low fees, and tight spreads, making it a suitable choice for both novice and experienced Forex traders. Please note that trading involves risk and it’s important to understand the risks involved before starting to trade. Always consider your financial situation and consult with a financial advisor if needed. Happy trading!.

Which Trading Instruments are offered by Naga?

NAGA, a renowned trading platform, offers a wide array of trading instruments. With over 950 different assets available for trading. , it provides traders with an extensive selection to choose from. One of the key offerings of NAGA is its Forex trading. Forex, short for foreign exchange, involves trading currencies and is a popular choice among investors due to the liquidity and volatility of the market. Traders can take advantage of the fluctuations in currency values to make profits. Moreover, NAGA also offers the opportunity to trade CFDs. Contracts for Difference (CFDs) allow traders to speculate on the rising or falling prices of fast-moving global financial markets. This includes everything from Forex, stocks, indices, commodities, and more. For those interested in the stock market, NAGA provides the option to trade stocks. Traders can go short or long on stocks of the biggest companies and benefit from falling or rising prices. Furthermore, NAGA’s platform is equipped with real-time order execution. , ensuring that traders stay on top of the market with high-speed order processing. This feature is crucial in the fast-paced world of trading where every second counts. Lastly, NAGA’s platform is accessible on the go with their mobile apps for iOS and Android devices. This allows traders to monitor their trades and make decisions wherever they are, providing flexibility and convenience. In conclusion, NAGA offers a comprehensive range of trading instruments, making it a versatile platform for all types of traders.

Which Trading Servers are offered by Naga?

NAGA, a renowned trading platform, offers a comprehensive suite of services that cater to the diverse needs of global investors. NAGA’s Trading Assets. NAGA provides access to over 1000+ assets. , allowing traders to engage with a wide range of markets. These include:. Forex pairs: NAGA supports trading in a variety of currency pairs, making it a viable platform for forex traders. Commodities: Traders can invest in various commodities. Crypto: Cryptocurrencies are also available for trading. Stocks: NAGA allows traders to go short or long on stocks of the biggest companies. Futures: Futures contracts are another asset class supported by NAGA. Indices: Traders can also invest in various global indices. Trading Platforms. NAGA supports both the MetaTrader 4 and MetaTrader 5 platforms. , which are popular for forex trading. These platforms are available for both desktop and mobile devices. , providing flexibility for traders to manage their investments on the go. Copy Trading. NAGA features a copy trading system, where traders can mirror the strategies of other successful traders in real-time. This feature allows less experienced traders to learn from seasoned investors and potentially improve their own trading strategies. Demo Account. For beginners, NAGA offers a demo account with $10,000 in test funds. This allows new traders to practice their strategies without risking real money. Customer Support. NAGA provides dedicated customer support ready to assist traders whenever needed. This ensures that traders can get timely help and guidance, contributing to a smooth trading experience. Community. NAGA has a large trading community, with hundreds of thousands of traders from around the world. This community provides a platform for traders to share investment ideas and strategies. In conclusion, NAGA offers a robust and comprehensive trading environment, with a wide range of assets including forex, and supports popular trading platforms like MT4 and MT5. Its features like copy trading and a demo account make it a suitable choice for both novice and experienced traders.

Can I trade Crypto with Naga? Which crypto currencies are supported by Naga?

Yes, you can trade cryptocurrencies with Naga. Naga is a social trading and crypto trading platform that allows users to invest in stocks and buy cryptocurrencies. Naga supports trading of a wide range of cryptocurrencies. Some of the most popular cryptocurrencies available for trading on Naga include Bitcoin, Ethereum, DOGE, and many more. Users can enter the crypto market and build their desired cryptocurrency portfolio with ease. In addition to these, Naga also offers the ability to invest in 30+ cryptocurrency derivatives. This provides users with a broad spectrum of options to diversify their cryptocurrency portfolio. Through NAGAX, Naga Pay offers crypto asset services where users have the ability to use Bitcoin, Ethereum, Stablecoins, and 20+ types of cryptocurrencies online or offline at any store of their choice or at ATMs. In the context of forex, Naga supports multiple currencies for inbound transfers including EUR, GBP, and USD. Users can also buy and sell BTC, ETH, USDT and other coins with Euro in their NAGA Pay app. Please note that trading in cryptocurrencies involves risk, just like any other investment option. It’s important to understand the market before making any investment.

What is the Leverage on my Naga Trading Account?

Leverage on a Naga Trading Account is a powerful tool that allows traders to trade with a larger position size than their actual account balance. This effectively allows them to increase their trade size and potentially generate larger profits. It also allows traders to enter the markets with a lower capital requirement, as they only need to put up a fraction of the full trade value as collateral. The maximum leverage that NAGA offers on its Global platform is 1:1000. This means that with €1000, you can trade shares or assets worth a million. The leverage, sometimes referred to as a “multiplier”, allows you to multiply your purchasing power. Here’s how it works: If the leverage is 1:1000, you can multiply your money by 1000. If the leverage is 1:200, multiply it by 200, and so on. This can be very tempting as it provides more purchasing power, but it’s important to note that it goes both directions: If you invest in an asset and it moves by 1%, it can have a 1000x effect on your return. Hence, the profit and loss potential are multiplied too. For example, if you have €5,000 as available funds in your NAGA Global account and you plan to open a “Buy” position speculating on a rising Bitcoin price. The offered leverage on Bitcoin is 1:20 and let’s assume that one Bitcoin currently trades at around €40,000. In a “no-leverage” scenario and given your available funds of €5,000, you would be able to buy 0.125 Bitcoin (€5,000 / €40,000). That means that you can actually buy 2.5 BTC using your capital and utilizing the leverage. The leverage is for free and does not imply extra charges. However, as stated above, the potential returns and risks are now much higher. If Bitcoin moves up by €1,000 your profit would increase by €2.500 as you hold 2.5 Bitcoin. Given your used capital (which is called “margin”) your return on that investment would be already +50%! Vice versa when the Bitcoin price drops by €1,000 your loss would be €2.500, which represents a -50% on your investment. As you can see, leverage gives you more “purchasing power” which comes with a much higher profit, but also loss potential. Therefore, it’s crucial to understand the risks and benefits of leverage trading before you start. To check the leverage on your trading account, you can go to your Trading Accounts section. To display the leverage for one of your trading accounts, simply press on the icon next to your account number and press Get leverage. In some cases, your leverage may be displayed to you by default without the need to go through the above step. In order to change your Leverage, you need to contact the NAGA Support Team via email. The approval of your request to increase the leverage level is subject to an assessment of your trading experience, relevant knowledge, and understanding of risk.

What kind of Spreads are offered by Naga?

NAGA, a professional Forex, stocks, and indices trading platform, offers variable spreads. The platform is recognized for its excellent trading interface, low spreads, and an award-winning customer service team. Here are the average spreads that traders can expect from NAGA:. Iron Account – from 1.7 pips EUR/USD. Bronze Account – from 1.7 pips EUR/USD. Silver Account – from 1.7 pips EUR/USD. Gold Account – from 1.2 pips EUR/USD. Diamond Account – from 0.9 pips EUR/USD. Crystal Account – from 0.7 pips EUR/USD. One of the advantages of using NAGA is that the platform does not charge any commissions on trades. This makes it a favorable choice for traders looking for low-cost trading options. The variable spreads offered by NAGA allow traders to make strategic decisions based on market conditions and their trading strategy. Please note that the spreads may vary and it’s always a good idea to check the latest information on the NAGA website.

Does Naga offer MAM Accounts or PAMM Accounts?

The search results do not provide specific information about whether Naga offers MAM (Multi-Account Manager) or PAMM (Percentage Allocation Management Module) accounts. It’s recommended to visit the official Naga website or contact their customer service for the most accurate and up-to-date information. However, here’s a brief explanation of what MAM and PAMM accounts are:. MAM Accounts MAM accounts allow fund managers to manage multiple accounts from a single account without having to create an investment fund. The performance (profits and losses) of a MAM account manager is distributed among the managed accounts. The MAM account allows you to use the percentage allocation method like a PAMM account, but it provides greater flexibility to allocate the trades and adjust the risk of each sub-account based on the clients’ risk profiles. PAMM Accounts PAMM accounts allow fund managers to manage multiple accounts from a single account without having to create an investment fund. The performance (profits and losses) of a PAMM account manager is distributed among the managed accounts. The PAMM account features a management module that distributes the sizes of trades according to an allocation percentage. This solution is offered by many forex brokers for investors and fund managers. Both MAM and PAMM accounts are types of investment accounts that allow retail investors to tap on the expertise of professional traders, while facilitating traders in expanding their audience reach. They are both different money management solutions that cater to different needs for investors and traders alike.

Does Naga allow Expert Advisors?

Expert Advisors (EAs), also known as forex robots, are tools that automate trades based on certain trading criteria. They eliminate the need for traders to constantly monitor the market, making them particularly beneficial for those who trade part-time. While the search results do not explicitly mention whether NAGA allows the use of Expert Advisors, it’s important to note that most forex brokers typically don’t have issues with EAs in general. However, there might be some limitations for certain types of EAs. When choosing a broker for trading with an EA, several factors need to be considered. Broker’s EA Policy: Ensure that the broker allows you to run EAs and they have no issue with the type of trades that your EA uses. Trading Platform: Since most EAs are programmed for MetaTrader, especially MetaTrader 4, it’s best to pick a broker that supports MT4 and MT5. Broker’s Execution Speed: This is important especially if you use a scalping method where your Expert Advisors should open and close trades several times a day. Slippage: Brokers with more and larger liquidity providers would be able to handle these situations better. It’s recommended to check with NAGA directly to confirm their policy on Expert Advisors. Remember, the choice of broker matters quite a lot for your trades.