Naga Trader Review
NAGA Group and its entities are regulated by several EU financial licenses, German Stock Exchange (Deutshe Borse AG), Cyprus Securities and Exchange Commission (CySEC), bound by the European “Markets in Financial Instruments Directive” (MiFid) and are committed to the highest ethical standards.
NAGA offers its own Trader platforms (Mobile app & Web version) with opportunity to trade different instruments - Forex, shares, Crypto, Indices, Commodities. Along with trading a client can copy or be copied by other traders. NAGA features a leader board where the most successful traders are ranked, and other traders can view their portfolios, trading history, and various trading statistics. Also, all traders have access to a social news feed and the ability to place their own trades with a variety of order types. The platform also features a sophisticated charting package provided by trading View.
Naga offers an easy stop/loss-take/profit tool called the NAGA Protector which can be easily applied to every trade. NAGA Trader also has an AI-powered robo-advisor, NAGA CYBO who can build personalized trading strategies based on a client’s risk appetite and preferences. No trader is disappointed by NAGA’s service and Trader platform.
Typical Spread on Majors
EUR/USD | 1.2 |
GBP/USD | 1.6 |
USD/JPY | 1.2 |
- Company Info
Headquarters | Limassol, Cyprus |
Type of Broker | Market Maker |
Founded | 2013 |
Regulated By | Regulated By CySEC (Cyprus) |
Offices In | Cyprus, Germany, Spain |
Supported Languages | Greek, Spanish, Portuguese, Polish, Czech, Italian |
ESMA Regulated? | This broker is regulated within the E.U and issubject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
Account Currencies | USD, EUR |
Minimum Deposit | $0 |
Traders from USA Allowed | No |
Clients Funds Segregated | Yes |
Interest on Margin | No |
Islamic Accounts | Yes |
Islamic Account Restrictions | Muslim faith only |
ECN / STP Accounts Offered | No |
Commission on STP or ECN | |
VIP Accounts Offered | Yes |
VIP Account Requirements | 25,000 EUR Minimum Deposit |
Mini Accounts Offered | No |
PAMM / MAM Solutions | No |
API Solutions | No |
Mobile Trading | Yes |
Web Based Trading | Yes |
Funding Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller |
Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller |
- Platform Details
Platforms Offered | Naga Trader, Naga Trader Mobile, WebTrader |
NO of Pairs | 47 |
Cryptocurrency Trading | Yes |
Pricing Digits | 5 |
Trade off Charts | Yes |
One-click Execution | Yes |
Email Alerts | Yes |
Mobile Alerts | Yes |
Trading Server Time | GMT + 2 |
Demo Account Expiry | 3 Months |
VPS Offered | No |
- Trading Details
Dealing Desk | Yes |
Maximum Leverage | 30:1 |
Minimum Contract Size | 0.01 |
Execution | Market Excecution |
Hedging | Yes |
Scalping | Yes |
Scalping Restrictions | No |
Option of OCO | No |
Option of FIFO | No |
Liquidity Providers | 3+ |
Negative Balance Protection | Yes |
- Additonal Instruments
CFD's | Yes |
Metals | Yes |
Oil | Yes |
Stocks | Yes |
Futures | Yes |
Indices | Yes |
EFT's | Yes |
Naga Trader Reviews
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