This NAGA review evaluates the broker’s regulatory coverage, trading platforms, social trading tools, asset range, and fee structure. NAGA is a European-based multi-asset broker known for its social trading ecosystem, combining traditional forex/CFD trading with copy trading, a proprietary platform, and integrated crypto services.

Regulation and Safety

NAGA is a fully regulated broker operating through several licensed entities:

• CySEC (Cyprus): NAGA Markets Europe Ltd – Licence No. 204/13
• FSC (Saint Vincent & the Grenadines): NAGA Global Ltd
• BaFin Registration: For German operations via passporting

Client funds are kept in segregated accounts with top-tier banks. EU clients benefit from Investor Compensation Fund (ICF) protection, and NAGA employs 2FA and biometric login for enhanced account security.

Execution Model and Trading Platforms

NAGA operates an STP/NDD execution model. Clients can access trading via:

• NAGA Web and Mobile App (proprietary platform)
• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)

The NAGA platform includes integrated social trading, signal copying, crypto wallet, and multi-asset dashboard. FIX API and VPS services are not publicly available.

Markets and Instruments

NAGA offers access to over 950 tradable instruments across 6 asset classes:

• Forex: 40+ major, minor, and exotic pairs
• Stocks: EU and US equities (including real stock ownership)
• Indices: SPX500, GER40, NAS100, UK100
• Commodities: Gold, oil, silver
• Cryptocurrencies: BTC, ETH, LTC, XRP, and 15+ others
• ETFs: Global and sector-based funds

Accounts, Spreads and Leverage

NAGA uses a tiered account structure based on deposit amount or trading volume:

• Iron, Bronze, Silver, Gold, Diamond, Crystal
• Spreads from 0.7 pips (Gold+) on major pairs
• Commission-free trading for some accounts; stock trading commissions from €0.99
• Maximum leverage: 1:30 (EU retail), 1:1000 (FSC offshore)
• Stop-out level: 50%
• Minimum deposit: €250

Funding and Base Currencies

Deposit and withdrawal options include:

• Visa/Mastercard
• Bank transfer
• Skrill, Neteller
• Crypto deposits (BTC, ETH, LTC)

Supported base currencies: EUR, USD, GBP, PLN. Deposits are mostly instant; withdrawals processed within 1–3 business days.

Client Protections and Features

• ICF coverage for CySEC-regulated clients
• Negative balance protection
• Biometric login and 2FA
• Real stock and CFD trading via same interface
• Publicly listed company (Deutsche Börse Scale – N4G.DE)

Institutional and Retail Offering

NAGA primarily serves retail traders. It offers:

• Social trading with auto-copy functionality
• Integrated crypto wallet and on-platform staking
• Multi-asset dashboard including real equities
• No white-label or FIX API offering disclosed

Pros and Cons

Pros

• CySEC-regulated with ICF protection
• Access to both CFD and real stock trading
• Strong social and copy trading features
• Crypto wallet and staking built-in
• Supports MT4, MT5, and proprietary app

Cons

• High minimum deposit (€250)
• Tiered account benefits can be restrictive
• Limited institutional tools (no FIX or MAM)
• Spreads are wider on lower-tier accounts
• Offshore entity used for higher leverage

Frequently Asked Questions

Is NAGA regulated?

Yes, NAGA is regulated by CySEC in Europe (Licence No. 204/13) and also operates under the FSC for non-EU clients.

Does NAGA support social trading?

Yes, NAGA offers a fully integrated copy trading platform where users can auto-copy top traders.

Can I trade real stocks on NAGA?

Yes, NAGA supports both real stock trading and stock CFDs from within the same platform.

Is cryptocurrency trading available on NAGA?

Yes, you can trade over 15 crypto CFDs and use the NAGA wallet for deposits and staking.

What platforms are available at NAGA?

Clients can use MetaTrader 4, MetaTrader 5, and NAGA’s proprietary web/mobile platform.