Item: NAGA
Rating: 6.56

Dealing Desk

They can't afford it. Investors have been forced to liquidate their positions several times in a row. They say it's illegal and they won't let me trade. it's wired. Since it's against the rules, can I pay back the money I lost? I made some money by dealing desk, but you can't afford it.

TOUZIZHE123

2023-10-07 21:43

Resolved

Trades closed automatically and withdraw pending

They closed my trades without any notification and reason . My remaining amount withdraw is pending. There spread behavior not acceptable. THERE $7 USD SPREAD BEFORE CLOSE OF THE MARKET AND I CAN SAY IT'S TOTALLY Waste of time and money. Don't trust on this broker please I faced incident and very bad experience 👀

Ali2037

2025-05-22 06:59

Unable to Withdraw

The slippage was serious and the profit was deducted. The withdrawal failed for 2 weeks.

I lost more than 10,000 US dollars in Naga and later made a profit of more than 1,500 US dollars. The platform found various reasons to deduct my profits, but I did not do any illegal operations. They did not allow the withdrawal of profits, and the withdrawal has been delayed for 2 weeks and failed. The sale cannot be found.

JIANCHANDEJIAOYIZHE

2023-12-22 14:48

Unable to Withdraw

Hope the tax amount can be reconciled

When I made a profit and wanted to withdraw money, I was rejected. The customer service told me that I need to make up 15% of the tax, but the time limit is only 3 days. Although I have applied for an extension once, I have tried my best to make up half of the tax, but I still can’t make it up. Can I apply for an adjustment? drop it? Although the withdrawal record is approved, the refund and withdrawal have not been received! I really don't understand why the tax is extra and then make up the deposit, but it's fine if the amount can't be deducted from the fund? !

JUAN

2022-11-24 01:53

NAGA Review Summary
Founded	1996
Registered Country/Region	Cyprus
Regulation	CYSEC
Market Instruments	Forex, shares, indices, ETFs, cryptos, commodities, futures
Demo Account	❌
Leverage	/
EUR/USD Spread	From 1.1 pips (IRON account)
Trading Platform	NAGA, MT4, MT5
Social Trading	✅
Minimum Deposit	$10
Customer Support	24/5 live chat
	Tel: +35725041410+35725041384
	Email: support@naga.com
	Social media: Facebook, Instagram, YouTube, LinkedIn
Regional Restrictions	The European Economic Area, excluding Belgium clients are not allowed

Pros	Cons
Regulated well	No leverage information
Various contact channels	No demo accounts
MT4 and MT5 platforms	Regional restrictions
Low minimum deposit requirement
Various account types
Popular payment options
Social trading offered

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Cyprus Securities and Exchange Commission (CySEC)	Regulated	Νaga Markets Europe Ltd	Market Maker (MM)	204/13

Tradable Instruments	Supported
Forex	✔
Shares	✔
Indices	✔
ETFs	✔
Cryptos	✔
Commodities	✔
Futures	✔
Bonds	❌
Options	❌

Account Type	Minimum Deposit
IRON	$10
BRONZE	$1,000
SILVER	$3,000
GOLD	$17,500
DIAMOND	$40,000
CRYSTAL	$90,000

NAGA

Licenses

Broker Information

NAGA Information

Pros and Cons

Is NAGA Legit?

What Can I Trade on NAGA?

Account Type

NAGA Fees

Trading Platform

Deposit and Withdrawal

Check whenever you want

Download App for complete information

WikiFX Survey

NAGA

WikiFX Verification

Exposure

Dealing Desk

Trades closed automatically and withdraw pending

The slippage was serious and the profit was deducted. The withdrawal failed for 2 weeks.

Hope the tax amount can be reconciled

NAGA Information

Pros and Cons

Is NAGA Legit?

What Can I Trade on NAGA?

Account Type

NAGA Fees

Trading Platform

Deposit and Withdrawal

News

NewsNAGA Launches CryptoX: Zero Fees, 24/7 Crypto Trading

NewsNAGA Adds UAE, Saudi Stocks to Platform with Zero Commissions

NewsNAGA Unveils Powerful Updates for Better Trading Experience

NewsNAGA Revenue Hits Record EUR 45.5M In 2023

User Reviews

Trading Instruments	Commission
CFDs on forex	0
Crypto CFDs
CFDs on indices
CFDs on stocks	2.50 EUR
Real stocks	3
CFDs on commodities	0
CFDs on futures	0
CFDs on ETFs	0.1%

Trading Platform	Supported	Available Devices	Suitable for
NAGA	✔	Web, IOS, Android	/
MT4	✔	Web, mobile	Beginners
MT5	✔	Web, mobile	Experienced traders

Deposit Options	Minimum Deposit	Deposit Fees	Deposit Time
Visa	$50	0	Instant
Mastercard
Maestro
Diners			~ 10 minutes
Discover			~ 10 minutes
Eurobank			2-5 business days
Astrobank
Equals Money
PayPal, P24, Ideal, Eps, Giropay, Skrill, Neteller, Sofort, NeoSurf, PaySafeCard, Euteller, Multibanco, MY BANK			Instant
Alphabank			2-5 business days
Direct Bank Transfer			1-2 business days

Withdrawal Options	Minimum Withdrawal	Withdrawal Fees
VISA	Min. $50 or equivalent to account currency	0
VISA Electron
MasterCard
Maestro
NETELLER
SKRILL
GiroPay
Klarna
EPS
Przelewy24
Eurobank
KB