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Regulated in Seychelles
Retail Forex License
MT4/5 full license
Medium potential risk
|Risk Management Index||8.22|
+61 2 8056 9475
Platform registered country and region
Pyramid scheme complaint
For example, for XAU/USD at 1728.5, when I enter a lot, it will inexplicably become 1728.55. When I am out, I will make a profit of 450, and when I am out, it will become 420. If it is occasional, it will be fine. It is every order, the entry and exit points are all A part of it is higher than the display. Over time, the loss is self-evident, too much, the platform feedback is also invalid, the operation is lost, not excessive, this kind of dark operation is really hateful
|Minimum Spreads||From 1.2 pips|
|Trading Platform||MT4 & MT5 trading platform|
|Trading Assets||Foreign exchange, indices, energy, and precious metals|
|Payment Methods||Wire Transfer|
|Customer Support||Phone, Email support|
General Information & Regulation
NAG Markets is a CFDs broker, providing investors with diversified trading products including Forex, Precious Metals, Energies, and Global Indices. NAG Markets is currently under the offshore supervision of the Vanuatu Financial Services Commission (VFSC).
NAG Markets provides a wide selection of tradable instruments, including foreign exchange, indices, energy, and precious metals. Forex trading includes 27 major currency pairs worldwide, and Precious Metals include gold and silver. Energies include Brent crude oil and WTI crude oil CFDs, and index products include major indices in the global market.
Leverage & Account
Forex trading has flexible leverage, up to 1:400. Precious metal products use a fixed margin to facilitate the calculation of transaction costs for customers. The margin per lot is 1,000 US dollars. The margin for each lot of energy products is US$3,000. Investors can open a real trading account on the platform. Besides, the company also provides a demo account for investors to use for free. If investors need to upgrade from a demo account to a real trading account, they only need to log in to the demo account and complete the application for the real trading account according to the index, deposit funds to the real trading account to activate the account and start trading.
Spreads & Commissions
Spreads for forex products start at 1.2 points, and spreads for precious metals are 0.25 for gold and 0.019 for silver. The guideline spread for energy products is 0.06, and the minimum spread for indices is 0.6.
Trading Platform Applied
The company uses the world-renowned and widely used online trading platforms MT4 and MT5. MT4 is fully functional, easy to use. Apart from including various trading execution functions, it also has many icons, technical indicators, curve references, support for custom indicators, and script functions. The innovative technology of MT5 allows customers to trade foreign exchange, precious metals, energy, and index CFDs around the clock.
Deposit & Withdrawal
NAG Markets' supported deposit and withdrawal method is wire transfer, and the accepted currency is US dollars. There are no fees for deposits and withdrawals, but the beneficiary banks or intermediary banks may charge some deposits and withdrawals fees. The processing time is within 1-5 hours. The company does not support any third-party payment, so investors must use the bank account under the personal name to deposit to the trading account
Clients with any inquries or trading-related issues can get in touch with NAG Markets through the following contact channels:
Telephone: (+61) 2 8056 9475
Or you can also follow this broke on some social media platforms, such as Youtube, Facebook, Twitter, Linkedin.
Registered company address: Suite 128, 377 Kent Street Sydney, NSW 2000
Pros & Cons
|Wide product range||Offshore regulation|
|Demo accounts available||Limited payment methods|
|Both MT4 and MT5 trading platform||High minimum deposit requirement|
|Wide portfolio range|
|Great trading tools|
Frequently Asked Questions
Does NAG Markets offer leverage？
The maximum trading leverage that NAG Markets ofefr is up to 1:400.
What live accounts can I choose from with the NAG Markets platform？
Traders can only open a Standard account with the NAG Markets platform.
What trading platform does NAG Markets provide ？
NAG Markets provides both MT4 and MT5 trading platforms.
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