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Regarding the legitimacy of NAGA forex brokers, it provides a comprehensive investigation into the security aspects of regulatory CYSEC, and WikiBit, as well as whether there are any negative scam reviews.

Rating Index

WikiFX Detection

Risk Control

Risk Manage

Software Index

No software

Is NAGA safe?

The regulatory license is the strongest proof.

MM

CYSEC Market Making(MM) 20

Cyprus Securities and Exchange Commission

Cyprus Securities and Exchange Commission

Regulatory Agencies Introduction
  • Current Status:

    Regulated
  • License Type:

    Market Making(MM)
  • Licensed Institution:

    Νaga Markets Europe Ltd Νaga Markets Europe Ltd
  • Effective Date:

    2013-06-20
  • Email Address of Licensed Institution:

    regulatory@nagamarkets.com
  • Sharing Status:

    Sharing
  • Website of Licensed Institution:

    www.nagamarkets.com, Naga.com/eu, Naga.com/de, Naga.com/it, Naga.com/es, Naga.com/pl, Naga.com/cz, Naga.com/nl, Naga.com/ro, Naga.com/nt
  • Expiration Time:

    --
  • Address of Licensed Institution:

    Agias Zonis 11, 3027, Limassol, Cyprus
  • Phone Number of Licensed Institution:

    +357 25 041 410
  • Licensed Institution Certified Documents:

11 name

Is NAGA a scam, or is it legit?

The latest exposure and evaluation content of NAGA brokers.

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.
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.
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? !
NAGA's latest industry rating score is 6.56, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. NAGA If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.