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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
Business
Influence E 
License
CYSEC Suspicious Clone 
Is NAGA safe?
The regulatory license is the strongest proof.
CYSEC Market Making(MM) 20
Cyprus Securities and Exchange Commission
Cyprus Securities and Exchange Commission
Regulatory Agencies Introduction
Current Status:
Suspicious CloneLicense Type:
Market Making(MM)
Licensed Institution:
Νaga Markets Europe Ltd
Effective Date:
2013-06-20Email Address of Licensed Institution:
regulatory@nagamarkets.comSharing Status:
No SharingWebsite 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/ntExpiration Time:
--Address of Licensed Institution:
Agias Zonis 11, 3027, Limassol, CyprusPhone Number of Licensed Institution:
+357 25 041 410Licensed Institution Certified Documents:
Is NAGA a scam, or is it legit?
The latest exposure and evaluation content of NAGA brokers.
The broker took the customer's money
I deposited money on January 26, and my trading account is 7005736. After the profit was submitted for withdrawal, the platform deleted my account. Now I can't log in to the platform. The customer service staff kept delaying and said they had sent me an email to terminate the transaction. But after I replied to the email, there was no further response. A month later, it’s still the same. I send emails almost every day asking, but no one answers me. The website customer service closed the dialog box every time after I asked a question.
Legitimacy of similar brokers
NAGA's latest industry rating score is 1.67, 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.