NAGA Forex Broker

NAGA Review Summary Founded2017 Registered Country/RegionGermany RegulationNo regulation Market InstrumentsStocks, Forex, indices, shares, commodities, ETFs, bonds and cryptos Demo Account✅ Leverage/ EUR/USD Spread From 0.5 pips Trading PlatformsWeb Trader, Mobile App Copy Trading✅ Minimum Deposit$10 Customer Support24/5 support Live chat Phone: +2484671946, +35725041412 Email: support.sc@naga.com Facebook, Instagram, Twitter, LinkedIn NAGA, founded in 2017 and registered in Germany, is an unregulated trading platform. NAGA offers various market instruments, including over 4,000 assets such as stocks, Forex, indices, shares, commodities, ETFs, bonds, and cryptocurrencies. It provides a demo account and a low minimum deposit of just $10. NAGA supports multiple trading platforms, including Web Trader, Mobile App, MT4, and MT5. Moreover, it also provides copy-trading. However, there are regional restrictions on certain countries.Pros and Cons Pros Cons Demo accounts availableNo regulation A wide range of productsRegional restrictions Diverse account types Multiple customer support channels Low minimum deposit MT4 & MT5 platformIs NAGA Legit? Currently, NAGA has no valid regulation. Its domain was registered on July 4, 2017, has multiple prohibitions in place (delete, renew, transfer, update). Please be aware of the risks!What Can I Trade on NAGA? On NAGA, you can trade with 4,000+ assets including CFDs onstocks, Forex, indices, shares, commodities, ETFs, bonds and cryptos. Tradable Instruments Supported CFDs✔ Forex✔ Commodities✔ Indices✔ Stocks✔ Shares✔ Cryptocurrencies✔ Bonds✔ ETFs✔ Options❌ Mutual Funds❌Account Type NAGA provides Iron, Bronze, Silver, Gold, Diamond, and Crystal accounts. The minimum deposit requirement among them is $10 for the Iron account. Account TypeIronBronzeSilverGoldDiamondCrystal Account Value$10$1,000$3,000$17,500$40,000$90,000 Copy Premium All instruments$0.12 per copied trade$0.15 per copied trade$0.18 per copied trade$0.22 per copied trade$0.27 per copied trade$0.32 per copied trade Copy Premium FX PAIRS$0.50 per copied trade$0.60 per copied trade$0.70 per copied trade$0.80 per copied trade$0.90 per copied trade$1.00 per copied trade Copy Premium Popular AssetsSpreads and Commissions Account TypeSpread TypeEUR/USD Spread IronStandard Spreads1.1 pips Bronze SilverSilver Spreads1 pip GoldGold Spreads0.6 pips DiamondDiamond Spreads0.5 pips CrystalVIP SpreadsTrading Platform Trading PlatformSupported Available Devices Suitable for MT4✔App Store, Google Play, Windows, MacOSBeginners MT5✔App Store, Google Play, Windows, MacOSExperienced traders NAGA Trader✔Web, IOS, Android/ Telegram Mini App✔IOS, Android/Copy Trading NAGA offers copy trading, by which users can automatically replicate the trades of other traders in real-time using their Autocopy feature. Once a trader is selected and Autocopy is activated, the platform mirrors the chosen trader's transactions within the user's own trading account.Deposit and Withdrawal Deposit Options Minimum DepositDeposit Fees Deposit Processing Time Visa, Mastercard, Maestro, Diners, Discover$10❌Instant Equals Money$10❌2-5 business days Withdrawal Options Minimum WithdrawalWithdrawal Fees Withdrawal Processing Time VISA, MasterCard, Alternative Payment, BIDV, ACB, EMIXM BANK, etc.$10 or equivalent to account currency❌/Restricted Countries NAGA Capital Ltd does not provide services for the residents of certain countries listed in the image below.