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NAGA Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-21 00:41

Abstract:  NAGA is a fintech company headquartered in Germany. The platform focuses on social trading and cryptocurrency trading, supporting trading of over 1,000 financial instruments covering markets such as forex, stocks, cryptocurrency CFDs, ETFs, etc. It provides the MetaTrader 4 (MT4) trading terminal, enabling real-time trading across multiple devices (Windows, macOS, iOS, Android).

NAGA Review Summary
Founded2021
Registered Country/RegionGermany
RegulationCYSEC/FSA (Suspicious Clone)
Market Instruments1,000+, Forex, Commodities, Stocks, Cryptocurrency CFDs, Precious Metals, Futures, ETFs, Indexes, Energy
Demo Account/
LeverageUp to 1:500
EUR/USD SpreadFrom 1.5 pips (Silver/Gold account)
Trading PlatformMT4
Social Trading✅
Minimum Deposit1,300 RMB
Customer SupportEmail: chinasupport@naga.com

NAGA Information

  NAGA is a fintech company headquartered in Germany. The platform focuses on social trading and cryptocurrency trading, supporting trading of over 1,000 financial instruments covering markets such as forex, stocks, cryptocurrency CFDs, ETFs, etc. It provides the MetaTrader 4 (MT4) trading terminal, enabling real-time trading across multiple devices (Windows, macOS, iOS, Android).

NAGA's homepage

Pros and Cons

Pros Cons
Over 1,000 trading instrumentsSuspicious clone CYSEC and FSA licenses
Multiple account typesHigh initial deposit requirement
MT4 availableLimited payment options
No direct contact channel

Is NAGA Legit?

Regulated AuthorityCurrent StatusLicensed EntityRegulated CountryLicense TypeLicense No.
Cyprus Securities and Exchange Commission (CYSEC)Suspicious CloneΝaga Markets Europe LtdCyprusMarket Maker (MM)204/13
The Seychelles Financial Services Authority (FSA)Suspicious CloneNAGA Capital LtdSeychellesRetail Forex LicenseSD026
Domain information

What Can I Trade on NAGA?

Tradable Instruments Supported
Forex✔
Commodities✔
Stocks✔
Cryptocurrency CFDs✔
Precious Metals✔
Futures✔
ETFs✔
Indexes✔
Energy✔
Bonds❌
Options❌
What Can I Trade on NAGA?

Account Type & Spreads

Account TypeMinimum DepositEUR/USD Spread
Silver250 USDStandard, from 1.5 pips
Gold2,500 USD
Diamond5,000 USDPlatinum, from 1.2 pips
Crystal25,000 USDVIP, from 0.7 pips
Account comparison

Leverage

  For AUD/USD, AUD/CAD, etc. The margin ratio is 0.40%, corresponding to a leverage of 1:250.

  For CAD/CHF, the margin ratio is 0.20%, corresponding to a leverage of 1:500.

  Please note that high leverage can amplify not only profits but also losses.

Leverage

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔mac OS, Windows, Android, iOSBeginners
MT5❌/Experienced traders
MT4

Deposit and Withdrawal

  Deposit via UnionPay is supported, with a minimum of 1,300 RMB and a maximum of 50,000 RMB. It is free of charge, and funds are credited instantly.

Deposit and Withdrawal

Related broker

Unverified
NAGA
Company name:The Naga Group AG
Score
1.69
Website:https://naga-cn.com/en
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.69

Rate Calc

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Current Rate: 0

Amount

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