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NAGA

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5.7
(14 Reviews)

Founded: 2015 Min Deposit: 10 USD

Headquarters: Germany Max Lev: 1 : 1000

Score
Business Scope
7.7
Trading Cost
6.1
Trading Platforms
5.8
Support
6.1
Licence Status

Please note that SVG FSA does not regulate forex trading.

CySEC 204/13
Seychelles FSA SD026
FSCA 37166
Authorised
Authorised
Authorised
Contact
002484671946
support.sc@naga.com
Multilingual Support
4000+ Trading Instruments
10+ Payment method
Deposit Bonus
Copy Trading
Islamic Account
Instant Execution
Negative Balance Protection
Trading Education Program
Multiple Base Currencies Support
Alvin
2023-05-06
I opened my Naga Markets account on the recommendation of a friend who has been trading currencies here for two years. Yes, trading conditions are wonderful. Spreads are reasonable.
Muhammad Younas
2023-05-12
Excellent customer service! It helps solve my problem quickly and effectively. Having followed them for years, a trusted broker deserves more recognition.
Payton
2023-06-17
Since I transferred from an old broker to Naga Markets, I made a small amount of deposits and withdrawals to check the broker to see if it is trustable. Two months later, I decided to try to increase deposits and withdrawals, and luckily, everything went well. It's perfect without any slippage. Now, I am very happy that my account is completed.
FranklinW
2023-06-21
Good leverage and spreads, stable platform, very fast withdrawal speed. I have no complaints! If you are looking for a cryptocurrency broker, then Naga Markets should be on your list, and the support team is always polite and able to help with all issues.

Deposit and Withdrawal

5.9

Score

10 EUR/ USD withdrawal fee

Features

10+ Payment method
Fast Deposit
No Deposit Fee

See more
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Company and Service

7.7

Good

multilingual support & quick response

Features

Multilingual Support
Good Customer Service
Profile
Headquarters Address
Suhrenkamp 59 22335 Hamburg Germany
Founded 2015
Broker Type
STP,  DMA
Time Zone GMT+2
Credit Profile No information
Trading Platforms
MT4
Metatrader Platform,  Mac,  Windows,  iOS,  Android,  Webtrader,  NAGA App
MT5
Metatrader Platform,  Mac,  Windows,  iOS,  Android,  Webtrader,  NAGA App
Contact
No Data
Others
Website Language
Arabic,  Chinese(Simplified),  Chinese(Traditional),  Czech,  Dutch,  English,  German,  Indonesian,  Italian,  Polish,  Portuguese,  Romanian,  Spanish,  Thai
Customer Service By
Phone,  Email,  Live Chat,  Facebook,  Twitter,  Instagram,  LinkedIn,  Youtube
Supported Language
English,  German,  Italian,  Spanish,  Vietnamese

Overall Score

5.7
14 Reviews

Cost 6.1

Platforms 5.8

Deposit & Withdrawal 5.9

Customer Support 6.1

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14 Reviews Clear filter

Osama
Kuwait
Warning to Everyone!This company is scamming people and stealing their money. They take your deposits, let you trade, and when you make profits, they block withdrawals and drain your account to zero. They pretend to be legit, but it’s all a trap.Stay away from this company — it’s a fraud!They profit from your loss and never pay you back. I have proof and filed a complaint with the authorities.Be careful and protect your money!
2025-06-26
Reply
AhmedAmer
0-6 months Diamond Account Kuwait
Scammmers !!!
2025-06-26
Reply
Abdulrahman Tawfiq
0-6 months Diamond Account Kuwait
Yesterday, I received a call from someone claiming to be from NAGA, using a fake name, pressuring me to deposit more funds in exchange for “exclusive benefits.” I told them I would consider it.Today, I was shocked to find that my entire trading balance — $59,880.31 — was stolen from my account without any warning, explanation, or consent.This is outright theft. NAGA is stealing from traders with complete ease and without fear of accountability.I have been trying to contact them, but there has been no response at all, only false and misleading excuses.My trading account number is: 8268540I demand a full investigation, the immediate return of my funds, and a transfer to my bank account — I no longer wish to use this fraudulent platform in any way.
2025-06-26
Reply
AhmedAmer
0-6 months Diamond Account Kuwait
I’m writing this review to warn others about what I experienced with NAGA, a company that claims to be a regulated trading platform but has shown nothing but dishonesty and unethical behavior.I had a verified trading account with NAGA, and after successful trading activity, I accumulated profits of over $80,000.When I submitted a withdrawal request, my account was suddenly restricted without any explanation.I reached out directly to NAGA’s CEO, Octavian Patrascu, and explained my situation in detail.Instead of helping me or escalating the issue, he blocked me – a shocking and unprofessional response from someone leading a supposedly regulated company.Customer support was no better. They kept spinning vague excuses and trying to justify withholding my profits, even though I never saw, accepted, or signed any bonus terms and conditions. These so-called rules were never displayed at registration or anywhere in my account.To this day, NAGA has not returned my profits and continues to ignore all responsibility. I contacted multiple departments, including compliance, and received no response.My account details: • Account number: 8270611 • Amount withheld: $80,235.48This isn’t an isolated case — I’ve been contacted by multiple other victims who have experienced the same treatment.This clearly points to a systematic pattern of fraud and abuse.I strongly urge regulators, legal authorities, and the financial media to investigate NAGA thoroughly.And to fellow traders: Avoid NAGA at all costs — your money is not safe with them.
2025-06-26
Reply
Ann Enaia
Seychelles
Can anyone explain NAGA’s behavior?Clients are blocked from withdrawing their profits without any valid reason, and funds are unjustly confiscated.Worse, those who reach out for answers get blocked.Is this how a licensed, reputable company acts?NAGA has clearly violated its own terms and engaged in unethical, fraudulent practices.We demand an immediate resolution return all withheld funds to our clients without delay.
2025-06-26
Reply
Lauren Saul
0-6 months Macedonia
The platform is nearly flawless! Trading runs smoothly, and the spreads are excellent. Occasionally, the execution speed could be a tad faster, but overall, it's a solid experience.
2025-03-07
Reply
Lowell
0-6 months Maldives
Very good I have very little experiance so am quickly confused but the on line chat is really helpful.
2025-02-28
Reply
Magee Timothy
7-12 months Estonia
I had an issue with the copytrading dashboard, but the support manager explained how to fix it, and it worked again. Thanks! It can lag sometimes, but it's reliable during trading. I appreciate the low costs, tight spreads, and no commission on withdrawals, allowing for multiple transactions without extra fees.
2025-02-21
1
Reply
Grover Zephaniah
7-12 months Indonesia
I like the social trading aspect and the friendly community of NAGA. The profits are decent, even though I share almost half. My experience with NAGA broker has been positive. The platform and educational materials are great for copy trading, with a large pool of traders. The $10 minimum deposit is a nice bonus!
2025-02-14
Reply
Drew Copperfield
7-12 months Thailand
Naga’s trading platform is impressive. No any lag. The low trading costs are a game-changer, with tight spreads and no commission on withdrawals—perfect for frequent trading. Overall, a solid platform for any trader.
2025-02-07
Reply

1-10 of 14 comments

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