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Naga Markets

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8.5
(4 Reviews)

Founded: 2015 Min Deposit: 250 USD

Headquarters: Cyprus Max Lev: 1 : 1000

Score
Business Scope
7.0
Trading Cost
8.5
Trading Platforms
8.5
Support
8.5
Licence Status

Please note that SVG FSA does not regulate forex trading.

CySEC 204/13
FCA 609499
CNMV 3591
Authorised
EEA Authorised
Authorised
Contact
+357 25041410
service@naga.com
https://www.naga.com
Multilingual Support
100+ Trading Instruments
10+ Payment method
Deposit Bonus
Copy Trading
Islamic Account
Instant Execution
Negative Balance Protection
Trading Education Program
Multiple Base Currencies Support
Account & Cost Deposit & Withdrawal Company & Service Broker News Related Complaints Reviews

Deposit and Withdrawal

9.0

Outstanding

10 EUR/ USD withdrawal fee

Features

10+ Payment method
Fast Deposit
No Deposit Fee

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Company and Service

7.5

Good

multilingual support & quick response

Features

Multilingual Support
Good Customer Service
Profile
Headquarters Address
Eurosure Tower, 3rdFloor, 2112 Nicosia, Cyprus
Founded 2015
Broker Type
MM/DD
Time Zone GMT+2
Credit Profile No information
Trading Platforms
MT4
Mac,  Windows,  iOS,  Android,  Webtrader
MT5
Mac,  Windows,  iOS,  Android,  Webtrader
Contact
No Data
Others
Website Language
Chinese(Simplified),  Czech,  Dutch,  English,  German,  Hungarian,  Indonesian,  Italian,  Polish,  Portuguese,  Spanish,  Thai,  Vietnamese
Customer Service By
Phone,  Email,  Live Chat,  Facebook,  Twitter,  Instagram,  LinkedIn,  Youtube
Supported Language
Chinese(Simplified),  Czech,  English,  German,  Hungarian,  Indonesian,  Italian,  Polish,  Portuguese,  Spanish,  Thai,  Vietnamese

Broker News

NAGA and CAPEX.com Merger Approved by Shareholders 2024-04-23
NAGA's proposed strategic merger with CAPEX.com was voted 99.81% in favor at the Extraordinary General Meeting of the Shareholders.
NAGA Generates €45.5M in Revenue in FY23, with EBITDA Hitting Highest-ever €7M 2024-01-10
By the end of 2023, NAGA has over 21,000 active users, a steady upward trend from 18,700 in 2022.
NAGA Group's Subsidiary Pays €150K Settlement to Cyprus Regulator for Violations 2024-01-03
NAGA Group's European subsidiary pays €150,000 to the Cyprus Securities and Exchange Commission to settle its multiple violations.

Related Complaints

Q&A

I don't want to use bank transfers to make deposit. What else can I choose?

Mohamed ali hasan
2022-09-14
ANSWER Naga Markets is trademark of the NAGA Group AG, a group with subsidies authorized and regulated by multiple regulatory bodies, including:1) The Cyprus Securities and Exchange Commission (CySEC) with license number 204/13;2) The Spain Comisión Nacional del Mercado de Valores (CNMV) under registration number 3591;3) The Germany Federal Financial Supervisory Authority (BaFin) with a BaFin ID 10135203;4) The France Autorité des Marchés Financiers (AMF)5) The Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 1189.As for the question you asked, we recommend that you ask the official customer services directly for a more accurate answer. For more details on this broker, please check our full Naga Market review.
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Overall Score

8.5
4 Reviews

Cost 8.5

Platforms 8.5

Deposit & Withdrawal 9.0

Customer Support 8.5

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4 Reviews

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FranklinW
1-3 years Iron Trader Account France
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.
2023-06-21
Reply
Payton
0-6 months Iron Trader Account Cyprus
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.
2023-06-17
Reply
Muhammad Younas
1-3 years Iron Trader Account Denmark
Excellent customer service! It helps solve my problem quickly and effectively. Having followed them for years, a trusted broker deserves more recognition.
2023-05-12
Reply
Alvin
1-3 years Iron Trader Account Japan
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.
2023-05-06
Reply
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.