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NAGA Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-28 15:06

Abstract:  Νaga Markets Europe Ltd (short for “NAGA”), founded in 1996, is an old brokerage registered in Cyprus. The trading instruments it provides cover forex, cryptoX, shares, indices, ETFS, cryptocurrencies, commodities, futures, and real stocks. Besides, it provides 6 types of accounts and is regulated by CYSEC.

NAGA Review Summary
Founded1996
Registered Country/RegionCyprus
RegulationCYSEC
Market Instruments4,000+, forex, cryptos, shares, indices, ETFs, cryptocurrencies, commodities, futures, real stocks
Demo Account❌
Account TypeIron, Bronze, Silver, Gold, Diamond, Crystal
Leverage/
Spread1.1 pips (IRON account)
Trading PlatformNAGA Web Trader, NAGA iOS, NAGA Android, MetaTrader, Telegram Mini App
Copy Trading✅
Minimum Deposit$10
Customer SupportPhone: +2484671946
Email: support.sc@naga.com
Regional RestrictionsOffers services to residents within the European Economic Area, excluding Belgium

NAGA Information

  Νaga Markets Europe Ltd (short for “NAGA”), founded in 1996, is an old brokerage registered in Cyprus. The trading instruments it provides cover forex, cryptoX, shares, indices, ETFS, cryptocurrencies, commodities, futures, and real stocks. Besides, it provides 6 types of accounts and is regulated by CYSEC.

NAGA Information

Pros and Cons

ProsCons
Regulated by CYSECNo live chat support
Multiple trading instrumentsNo Islamic trading account
Low minimum deposit of $10Demo accounts unavailable
Six types of trading accountsRegional restrictions
No deposit/withdrawal fees
Competitive spreads and low trading fees
Metatrader platforms provided
Copy trading available
Various payment options

Is NAGA Legit?

  NAGA is regulatedby the Cyprus Securities and Exchange Commission (CYSEC). Its license number is 204/13 and the current status is regulated.

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
CyprusCyprus Securities and Exchange Commission (CySEC)RegulatedΝaga Markets Europe LtdMarket Maker (MM)204/13
license

What Can I Trade on NAGA?

  NAGA offers traders the opportunity to trade over 4,000 tradable assets, including forex, cryptos, shares, indices, ETFs, cryptocurrencies, commodities, futures, and real stocks.

Tradable InstrumentsSupported
Forex✔
Shares✔
Indices✔
ETFs✔
Cryptocurrencies✔
Commodities✔
Futures✔
Bonds❌
Options❌
products

Account Type & Spreads

  NAGA offers 5 different types of accounts to traders, which are Iron, Bronze, Silver, Gold, Diamond, Crystal.

Account TypeIRONBRONZESILVERGOLDDIAMONDCRYSTAL
Minimum Deposit$10$1,000$3,000$17,500$40,000$90,000
EUR/USD Spread1.1 pips1 pip0.6 pips0.5 pips
Account Types

Trading Platform

  NAGA's trading platforms are NAGA Web Trader, NAGA iOS, NAGA Android, and MetaTrader, which can be accessed via PC, Mac, iPhone and Android devices.

Trading PlatformSupportedAvailable DevicesSuitable for
NAGA platform✔Web, iOS, Android/
MetaTrader 4✔PC, Web, MobileBeginners
MetaTrader 5✔PC, Web, MobileExperienced traders
Trading Platform

Copy Trading

  NAGA's copy trading offers an opportunity to automatically follow good traders and monitor the markets. It created NAGA Autocopy — a tool that lets their clients manage their portfolio without the need to constantly monitor the markets. It charges fees for copy trading.

Account TypeIRONBRONZESILVERGOLDDIAMONDCRYSTAL
Copy Premium All instrumentsEarn up to $0.12 per copied tradeEarn up to $0.15 per copied tradeEarn up to $0.18 per copied tradeEarn up to $0.22 per copied tradeEarn up to $0.27 per copied tradeEarn up to $0.32 per copied trade
Copy Premium FX PAIRSEarn up to $0.50 per copied tradeEarn up to $0.60 per copied tradeEarn up to $0.70 per copied tradeEarn up to $0.80 per copied tradeEarn up to $0.90 per copied tradeEarn up to $1.00 per copied trade
Copy Premium Popular AssetsEarn up to $0.50 per copied tradeEarn up to $0.60 per copied tradeEarn up to $0.70 per copied tradeEarn up to $0.80 per copied tradeEarn up to $0.90 per copied tradeEarn up to $1.00 per copied trade
Copy Trading

Deposit and Withdrawal

  Deposit

Deposit MethodMinimum DepositMaximum DepositDeposit FeesProcessing Time
Visa$1035k per transaction0Instant
Mastercard
Maestro
Diners
Discover
Equals MoneyDepends on the country of residency2-5 business days
Deposit and Withdrawal

Withdrawal

Withdrawal MethodMinimum Withdrawal Withdrawal Fee
VISAMin. $10 or equivalent to account currency0
MasterCard
Alternative Payment
BIDV
ACB
EMIXM BANK
DONGA BANK
SACOM BANK
TECHCOM BANK
VIETCOM BANK
VIETIN BANK
BANGKOK BANK
KASIKORN BANK
KRUNGTHAI BANK
KRUNGSRI
GOVERNMENT SAVINGS BANK
TMB
SCB
MAY BANK
CIMB BANK
HONG LEONG BANK
PUBLIC BANK
RHB
AM BANK GROUP
BCA
MANDIRI
BNI
BANK BRI
CIMB NIAGA
Deposit and Withdrawal

Related broker

Regulated
NAGA
Company name:NAGA Group AG
Score
5.98
Website:https://naga.com/
5-10 years | Regulated in Cyprus | Market Maker (MM) | MT4 Full License
Score
5.98

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